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503 Prospect Pl; Joliet, IL Property Details

503 Prospect Pl, Joliet, IL is a Single Family that was built in 1948. This property is currently Financed and is not for sale. Our records show that 503 Prospect Pl has a total of 720 square feet. The lot size of 503 Prospect Pl is 5,990 square feet.

Off market
503 Prospect Pl Joliet, IL 60436
$53,206 Estimated Value
720 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Purchase Price: $57,000
  • Open Loans / Balance: 1 / $170,308
  • Est. Equity / %: $45,692 / 21.15%
  • Gross Yield: 9.889%
  • APN: 30-07-17-414-029
  • Situs County: Will
  • Length Of Ownership: 31 years, 6 months

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 720/SqFt
  • Lot: 5,990/SqFt
  • Gross: 720/SqFt
  • Garage: 280/SqFt
  • Living: 720/SqFt
  • Basement: 720/SqFt
  • Building: 720/SqFt
  • Garage Unfinished: 280/SqFt
  • Price Per Square Foot: $79.17

Legal Description

  • Description: LOT 2 BLOCK 7 IN MILLBORO, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC 17, T35N-R10E
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: 41.51385 / -88.10189
  • Subdivision: Millboro
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2023
  • Garage: Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

503 Prospect Pl has no associated ownership info
503 Prospect Pl has no associated ownership info.

Taxes

503 Prospect Pl has 10 associated Taxes items

503 Prospect Pl, 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 $53,206. The APN we've located for 503 Prospect Pl is 30-07-17-414-029.

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Taxes
  • Assessed Value:  $53,206
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-414-029
  • Assessed Land Value:  8570
  • Market Land Value:  25710
  • Tax Amount:  3630.36
  • Tax Year:  2025
  • Market Value:  159618
  • Market Year:  2025

Tax History

503 Prospect Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,206 Land Value $8,570 Improvement Value $44,636 Tax Amount $3,630.36 Change Rate Assessed CR Tax Rate +0.068232%
Year 2024 Assessed Value $48,679 Land Value $7,841 Improvement Value $40,838 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $43,251 Land Value $6,967 Improvement Value $36,284 Tax Amount $3,144.64 Change Rate +0.028016% Assessed CR Tax Rate +0.072707%
Year 2022 Assessed Value $39,123 Land Value $6,302 Improvement Value $32,821 Tax Amount $3,058.94 Change Rate +0.065788% Assessed CR Tax Rate +0.078188%
Year 2021 Assessed Value $36,540 Land Value $5,886 Improvement Value $30,654 Tax Amount $2,870.12 Change Rate +0.065082% Assessed CR Tax Rate +0.078547%
Year 2020 Assessed Value $34,701 Land Value $5,590 Improvement Value $29,111 Tax Amount $2,694.74 Change Rate +0.06829% Assessed CR Tax Rate +0.077656%
Year 2019 Assessed Value $32,250 Land Value $5,195 Improvement Value $27,055 Tax Amount $2,522.48 Change Rate +0.103534% Assessed CR Tax Rate +0.078216%
Year 2018 Assessed Value $28,940 Land Value $4,666 Improvement Value $24,274 Tax Amount $2,285.82 Change Rate +0.089513% Assessed CR Tax Rate +0.078985%
Year 2017 Assessed Value $26,311 Land Value $4,242 Improvement Value $22,069 Tax Amount $2,098.02 Change Rate +0.124437% Assessed CR Tax Rate +0.079739%
Year 2016 Assessed Value $23,360 Land Value $3,868 Improvement Value $19,492 Tax Amount $1,865.84 Change Rate Assessed CR Tax Rate +0.079873%
Year 2015 Assessed Value $21,100 Land Value $3,650 Improvement Value $17,450 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $21,000 Land Value $3,650 Improvement Value $17,350 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $24,661 Land Value $4,028 Improvement Value $20,633 Tax Amount $1,665.82 Change Rate Assessed CR Tax Rate +0.067549%