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501 Wheeler Ave; Joliet, IL Property Details

501 Wheeler Ave, Joliet, IL is a Single Family that was built in 1920. This property is currently Financed and is not for sale. Our records show that 501 Wheeler Ave has 4 bedrooms, and 2 bathrooms, and a total of 773 square feet. The lot size of 501 Wheeler Ave is 5,593 square feet.

Off market
501 Wheeler Ave Joliet, IL 60436
$240,000 Listing Price
4 Beds
2 Baths
773 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1920
  • Purchase Price: $240,000
  • Open Loans / Balance: 2 / $236,774
  • Est. Equity / %: $36,226 / 13.27%
  • Gross Yield: 8.985%
  • APN: 30-07-17-407-009
  • Situs County: Will
  • Length Of Ownership: 3 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 773/SqFt
  • Lot: 5,593/SqFt
  • Gross: 1,380/SqFt
  • Garage: 247/SqFt
  • Living: 1,380/SqFt
  • Basement: 773/SqFt
  • Building: 773/SqFt
  • Basement Finished: 156/SqFt
  • Price Per Square Foot: $310.48

Legal Description

  • Description: LOT 95 IN WEST PARK ADDN TO JOLIET, BEING A SUB OF PRT OF THE W1/2 OF THE SE1/4 OF SEC 17, T35NR10E.
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Joliet Township High School District 204
  • Lat / Lon: 41.51362 / -88.10548
  • Subdivision: West Park Addition To Joliet
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2073
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Yes
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

501 Wheeler Ave has no associated ownership info
501 Wheeler Ave has no associated ownership info.

Taxes

501 Wheeler Ave has 10 associated Taxes items

501 Wheeler Ave, Joliet, IL pays taxes in Will County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $66,685. The APN we've located for 501 Wheeler Ave is 30-07-17-407-009.

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Taxes
  • Assessed Value:  $66,685
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-407-009
  • Assessed Land Value:  13302
  • Market Land Value:  39906
  • Tax Amount:  4712.82
  • Tax Year:  2025
  • Market Value:  200055
  • Market Year:  2025

Tax History

501 Wheeler Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $66,685 Land Value $13,302 Improvement Value $53,383 Tax Amount $4,712.82 Change Rate Assessed CR Tax Rate +0.070673%
Year 2024 Assessed Value $61,011 Land Value $12,170 Improvement Value $48,841 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $54,208 Land Value $10,813 Improvement Value $43,395 Tax Amount $4,835.74 Change Rate +0.92085% Assessed CR Tax Rate +0.089207%
Year 2022 Assessed Value $27,260 Land Value $9,781 Improvement Value $17,479 Tax Amount $2,517.5 Change Rate +0.017583% Assessed CR Tax Rate +0.092351%
Year 2021 Assessed Value $45,797 Land Value $9,135 Improvement Value $36,662 Tax Amount $2,474 Change Rate -0.271839% Assessed CR Tax Rate +0.054021%
Year 2020 Assessed Value $43,492 Land Value $8,675 Improvement Value $34,817 Tax Amount $3,397.6 Change Rate -0.125259% Assessed CR Tax Rate +0.07812%
Year 2019 Assessed Value $40,420 Land Value $8,062 Improvement Value $32,358 Tax Amount $3,884.12 Change Rate +0.074665% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $36,272 Land Value $7,221 Improvement Value $29,051 Tax Amount $3,614.26 Change Rate +0.061033% Assessed CR Tax Rate +0.099643%
Year 2017 Assessed Value $32,977 Land Value $6,565 Improvement Value $26,412 Tax Amount $3,406.36 Change Rate +0.056229% Assessed CR Tax Rate +0.103295%
Year 2016 Assessed Value $30,006 Land Value $6,000 Improvement Value $24,006 Tax Amount $3,225.02 Change Rate Assessed CR Tax Rate +0.107479%
Year 2015 Assessed Value $26,700 Land Value $5,650 Improvement Value $21,050 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,550 Land Value $5,600 Improvement Value $20,950 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $27,412 Land Value $6,239 Improvement Value $21,173 Tax Amount $2,948.48 Change Rate Assessed CR Tax Rate +0.107562%