Large Location Icon

502 3rd Ave; Joliet, IL Property Details

502 3rd Ave, Joliet, IL is a Single Family that was built in 1942. This property is currently a cash purchase and is not for sale. Our records show that 502 3rd Ave has a total of 1,188 square feet. The lot size of 502 3rd Ave is 4,862 square feet.

Off market
502 3rd Ave Joliet, IL 60433
$40,378 Estimated Value
1,188 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1942
  • Purchase Price: $40,000
  • Est. Equity / %: $191,000 / 100%
  • Gross Yield: 9.638%
  • APN: 30-07-15-232-002
  • Situs County: Will
  • Length Of Ownership: 6 years, 7 months

Structure

  • Stories: 1

Measurements

  • Total: 1,188/SqFt
  • Lot: 4,862/SqFt
  • Gross: 1,188/SqFt
  • Garage: 400/SqFt
  • Living: 1,188/SqFt
  • Basement: 1,188/SqFt
  • Building: 1,188/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $33.67

Legal Description

  • Description: LOT 8 BLOCK 3 IN J A HENRY'S RE SUB OF BLKS 2,3,4,9,10 11 OF J A HENRY'S ADDN TO WOODLAND, BEING A SUB OF PRT OF THE W1/2 OF
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Joliet Township High School District 204
  • Lat / Lon: 41.518784 / -88.068115
  • Subdivision: J A Henry'S Re Sub
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 1918
  • Cooling: Central
  • Garage: Garage
  • Parking: 2

Ownership Info

502 3rd Ave has no associated ownership info
502 3rd Ave has no associated ownership info.

Taxes

502 3rd Ave has 10 associated Taxes items

502 3rd Ave, Joliet, IL pays taxes in Will County, IL. The most recent tax assessment records are from 2024 and show that the current assessed value of the property is $40,378. The APN we've located for 502 3rd Ave is 30-07-15-232-002.

Unlock the full report
Taxes
  • Assessed Value:  $40,378
  • Assessed Year:  2024
  • Assessed County:  Will
  • APN:  30-07-15-232-002
  • Assessed Land Value:  6352
  • Market Land Value:  19056
  • Tax Amount:  2901.74
  • Tax Year:  2025
  • Market Value:  121134
  • Market Year:  2024

Tax History

502 3rd Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,901.74 Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $40,378 Land Value $6,352 Improvement Value $34,026 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $35,876 Land Value $5,644 Improvement Value $30,232 Tax Amount $2,486.74 Change Rate +0.017954% Assessed CR Tax Rate +0.069315%
Year 2022 Assessed Value $32,452 Land Value $5,105 Improvement Value $27,347 Tax Amount $2,442.88 Change Rate +0.069309% Assessed CR Tax Rate +0.075277%
Year 2021 Assessed Value $30,309 Land Value $4,768 Improvement Value $25,541 Tax Amount $2,284.54 Change Rate +0.368267% Assessed CR Tax Rate +0.075375%
Year 2020 Assessed Value $28,783 Land Value $4,528 Improvement Value $24,255 Tax Amount $1,669.66 Change Rate +1.106082% Assessed CR Tax Rate +0.058009%
Year 2019 Assessed Value $26,750 Land Value $4,208 Improvement Value $22,542 Tax Amount $792.78 Change Rate -0.035618% Assessed CR Tax Rate +0.029637%
Year 2018 Assessed Value $24,718 Land Value $3,888 Improvement Value $20,830 Tax Amount $822.06 Change Rate -0.035345% Assessed CR Tax Rate +0.033258%
Year 2017 Assessed Value $22,473 Land Value $3,535 Improvement Value $18,938 Tax Amount $852.18 Change Rate -0.038931% Assessed CR Tax Rate +0.03792%
Year 2016 Assessed Value $20,637 Land Value $3,253 Improvement Value $17,384 Tax Amount $886.7 Change Rate Assessed CR Tax Rate +0.042967%
Year 2015 Assessed Value $19,350 Land Value $3,050 Improvement Value $16,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $19,250 Land Value $3,050 Improvement Value $16,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $21,566 Land Value $3,390 Improvement Value $18,176 Tax Amount $1,100.74 Change Rate Assessed CR Tax Rate +0.051041%