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502 Water St; Joliet, IL Property Details

502 Water St, Joliet, IL is a Single Family that was built in 1900. This property is currently Financed and is not for sale. Our records show that 502 Water St has 3 bedrooms, and a total of 1,136 square feet. The lot size of 502 Water St is 7,950 square feet.

Off market
502 Water St Joliet, IL 60436
$41,398 Estimated Value
3 Beds
1,136 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $87,000
  • Est. Equity / %: $129,000 / 100%
  • Gross Yield: 9.888%
  • APN: 30-07-16-415-002
  • Situs County: Will
  • Length Of Ownership: 20 years, 1 months

Rooms

  • Bedrooms: 3
  • Total Rooms: 6

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Brick
  • Porch Type: Open
  • Water Source: Municipal

Measurements

  • Total: 1,136/SqFt
  • Lot: 7,950/SqFt
  • Gross: 1,136/SqFt
  • Living: 1,136/SqFt
  • Basement: 940/SqFt
  • Building: 1,136/SqFt
  • Basement Unfinished: 196/SqFt
  • Price Per Square Foot: $76.58

Legal Description

  • Description: LOT 18 BLOCK 95 IN BUSH'S SUB OF SCHOOL SEC. ADDN, BEING A SUB OF PRT OF THE W1/2 OF THE SE1/4 IN SEC 16, T35N-R10E.
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: 41.514137 / -88.08644
  • Subdivision: Bushs
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2336
  • Cooling: None

Ownership Info

502 Water St has no associated ownership info
502 Water St has no associated ownership info.

Taxes

502 Water St has 10 associated Taxes items

502 Water St, 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 $41,398. The APN we've located for 502 Water St is 30-07-16-415-002.

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Taxes
  • Assessed Value:  $41,398
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-16-415-002
  • Assessed Land Value:  3885
  • Market Land Value:  11655
  • Tax Amount:  3324.56
  • Tax Year:  2025
  • Market Value:  124194
  • Market Year:  2025

Tax History

502 Water St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $41,398 Land Value $3,885 Improvement Value $37,513 Tax Amount $3,324.56 Change Rate Assessed CR Tax Rate +0.080307%
Year 2024 Assessed Value $37,875 Land Value $3,554 Improvement Value $34,321 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $33,652 Land Value $3,158 Improvement Value $30,494 Tax Amount $3,002 Change Rate +0.067849% Assessed CR Tax Rate +0.089207%
Year 2022 Assessed Value $30,441 Land Value $2,857 Improvement Value $27,584 Tax Amount $2,811.26 Change Rate +0.05215% Assessed CR Tax Rate +0.092351%
Year 2021 Assessed Value $28,431 Land Value $2,668 Improvement Value $25,763 Tax Amount $2,671.92 Change Rate +0.128564% Assessed CR Tax Rate +0.093979%
Year 2020 Assessed Value $25,216 Land Value $2,534 Improvement Value $22,682 Tax Amount $2,367.54 Change Rate +0.051324% Assessed CR Tax Rate +0.09389%
Year 2019 Assessed Value $23,435 Land Value $2,355 Improvement Value $21,080 Tax Amount $2,251.96 Change Rate +0.043647% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $21,655 Land Value $2,176 Improvement Value $19,479 Tax Amount $2,157.78 Change Rate +0.061022% Assessed CR Tax Rate +0.099644%
Year 2017 Assessed Value $19,688 Land Value $1,978 Improvement Value $17,710 Tax Amount $2,033.68 Change Rate +0.043662% Assessed CR Tax Rate +0.103295%
Year 2016 Assessed Value $18,130 Land Value $1,813 Improvement Value $16,317 Tax Amount $1,948.6 Change Rate Assessed CR Tax Rate +0.107479%
Year 2015 Assessed Value $17,000 Land Value $1,700 Improvement Value $15,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $16,900 Land Value $1,700 Improvement Value $15,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $17,685 Land Value $1,916 Improvement Value $15,769 Tax Amount $1,876.82 Change Rate Assessed CR Tax Rate +0.106125%