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502 Krakar Ave; Joliet, IL Property Details

502 Krakar Ave, Joliet, IL is a Single Family that was built in 1921. This property is currently a cash purchase and is not for sale. Our records show that 502 Krakar Ave has a total of 1,072 square feet. The lot size of 502 Krakar Ave is 5,758 square feet.

Off market
502 Krakar Ave Joliet, IL 60432
$50,350 Estimated Value
1,072 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1921
  • Purchase Price: $40,000
  • Est. Equity / %: $227,000 / 100%
  • Gross Yield: 8.796%
  • APN: 30-07-11-217-019
  • Situs County: Will
  • Length Of Ownership: 16 years, 3 months

Structure

  • Building Style: Masonry
  • Stories: 1
  • Porch Type: Open

Measurements

  • Total: 1,072/SqFt
  • Lot: 5,758/SqFt
  • Gross: 1,072/SqFt
  • Garage: 484/SqFt
  • Living: 1,072/SqFt
  • Basement: 1,072/SqFt
  • Building: 1,072/SqFt
  • Garage Unfinished: 484/SqFt
  • Price Per Square Foot: $37.31

Legal Description

  • Description: THE S 42 FT OF THE N 84 FT OF LOTS 18, 19 20 IN BLOCK 6 IN HEIRS OF A CAGWINS SUB S PART OF THE E1/2 OF THE NE1/4 OF SEC 11,
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: 41.53414 / -88.04677
  • Subdivision: Merritt O Cagwin Of Block 6
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2024
  • Fireplaces: 1
  • Garage: Garage
  • Parking: 2

Ownership Info

502 Krakar Ave has no associated ownership info
502 Krakar Ave has no associated ownership info.

Taxes

502 Krakar Ave has 10 associated Taxes items

502 Krakar 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 $50,350. The APN we've located for 502 Krakar Ave is 30-07-11-217-019.

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Taxes
  • Assessed Value:  $50,350
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-11-217-019
  • Assessed Land Value:  8035
  • Market Land Value:  24105
  • Tax Amount:  3401
  • Tax Year:  2025
  • Market Value:  151050
  • Market Year:  2025

Tax History

502 Krakar Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,350 Land Value $8,035 Improvement Value $42,315 Tax Amount $3,401 Change Rate Assessed CR Tax Rate +0.067547%
Year 2024 Assessed Value $46,066 Land Value $7,351 Improvement Value $38,715 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $40,929 Land Value $6,531 Improvement Value $34,398 Tax Amount $2,937.5 Change Rate +0.025298% Assessed CR Tax Rate +0.071771%
Year 2022 Assessed Value $37,023 Land Value $5,908 Improvement Value $31,115 Tax Amount $2,865.02 Change Rate +0.066753% Assessed CR Tax Rate +0.077385%
Year 2021 Assessed Value $34,578 Land Value $5,518 Improvement Value $29,060 Tax Amount $2,685.74 Change Rate +0.06588% Assessed CR Tax Rate +0.077672%
Year 2020 Assessed Value $32,837 Land Value $5,240 Improvement Value $27,597 Tax Amount $2,519.74 Change Rate +0.069481% Assessed CR Tax Rate +0.076735%
Year 2019 Assessed Value $30,518 Land Value $4,870 Improvement Value $25,648 Tax Amount $2,356.04 Change Rate +0.105665% Assessed CR Tax Rate +0.077202%
Year 2018 Assessed Value $27,385 Land Value $4,389 Improvement Value $22,996 Tax Amount $2,130.88 Change Rate +0.091651% Assessed CR Tax Rate +0.077812%
Year 2017 Assessed Value $24,897 Land Value $3,990 Improvement Value $20,907 Tax Amount $1,951.98 Change Rate +0.100488% Assessed CR Tax Rate +0.078402%
Year 2016 Assessed Value $22,503 Land Value $3,679 Improvement Value $18,824 Tax Amount $1,773.74 Change Rate Assessed CR Tax Rate +0.078822%
Year 2015 Assessed Value $21,100 Land Value $3,450 Improvement Value $17,650 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $21,000 Land Value $3,450 Improvement Value $17,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $22,303 Land Value $3,832 Improvement Value $18,471 Tax Amount $1,665.82 Change Rate Assessed CR Tax Rate +0.07469%