Large Location Icon

505 Florence Ave; Joliet, IL Property Details

505 Florence Ave, 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 505 Florence Ave has a total of 1,006 square feet. The lot size of 505 Florence Ave is 6,634 square feet.

Off market
505 Florence Ave Joliet, IL 60433
$51,769 Estimated Value
1,006 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $56,000
  • Open Loans / Balance: 1 / $72,584
  • Est. Equity / %: $162,416 / 69.11%
  • Gross Yield: 6.643%
  • APN: 30-07-15-401-012
  • Situs County: Will
  • Length Of Ownership: 31 years, 1 months

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Porch Type: Open

Measurements

  • Total: 1,006/SqFt
  • Lot: 6,634/SqFt
  • Gross: 1,509/SqFt
  • Garage: 264/SqFt
  • Living: 1,509/SqFt
  • Basement: 1,006/SqFt
  • Building: 1,006/SqFt
  • Garage Unfinished: 264/SqFt
  • Price Per Square Foot: $55.67

Legal Description

  • Description: THE E 14 FT OF LOT 11 THE W 36 FT OF LOT 12, IN GARDNER STRONG'S SUB OF BLKS 6 7 ALSO PRT OF BLKS 8,9, 10 11 OF BOWEN G
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: 41.516518 / -88.0675
  • Subdivision: Gardner & Strongs
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2311
  • Garage: Garage
  • Parking: 1

Ownership Info

505 Florence Ave has no associated ownership info
505 Florence Ave has no associated ownership info.

Taxes

505 Florence Ave has 10 associated Taxes items

505 Florence 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 $51,769. The APN we've located for 505 Florence Ave is 30-07-15-401-012.

Unlock the full report
Taxes
  • Assessed Value:  $51,769
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-15-401-012
  • Assessed Land Value:  8133
  • Market Land Value:  24399
  • Tax Amount:  3514.96
  • Tax Year:  2025
  • Market Value:  155307
  • Market Year:  2025

Tax History

505 Florence Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $51,769 Land Value $8,133 Improvement Value $43,636 Tax Amount $3,514.96 Change Rate Assessed CR Tax Rate +0.067897%
Year 2024 Assessed Value $47,364 Land Value $7,441 Improvement Value $39,923 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $42,082 Land Value $6,611 Improvement Value $35,471 Tax Amount $3,040.36 Change Rate +0.026684% Assessed CR Tax Rate +0.072248%
Year 2022 Assessed Value $38,066 Land Value $5,980 Improvement Value $32,086 Tax Amount $2,961.34 Change Rate +0.066273% Assessed CR Tax Rate +0.077795%
Year 2021 Assessed Value $35,552 Land Value $5,585 Improvement Value $29,967 Tax Amount $2,777.28 Change Rate +0.065447% Assessed CR Tax Rate +0.078119%
Year 2020 Assessed Value $33,763 Land Value $5,304 Improvement Value $28,459 Tax Amount $2,606.68 Change Rate +0.06889% Assessed CR Tax Rate +0.077205%
Year 2019 Assessed Value $31,378 Land Value $4,929 Improvement Value $26,449 Tax Amount $2,438.68 Change Rate +0.064322% Assessed CR Tax Rate +0.077719%
Year 2018 Assessed Value $28,995 Land Value $4,555 Improvement Value $24,440 Tax Amount $2,291.3 Change Rate +0.089435% Assessed CR Tax Rate +0.079024%
Year 2017 Assessed Value $26,361 Land Value $4,141 Improvement Value $22,220 Tax Amount $2,103.2 Change Rate +0.07779% Assessed CR Tax Rate +0.079785%
Year 2016 Assessed Value $24,156 Land Value $3,786 Improvement Value $20,370 Tax Amount $1,951.4 Change Rate Assessed CR Tax Rate +0.080783%
Year 2015 Assessed Value $22,650 Land Value $3,550 Improvement Value $19,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $22,550 Land Value $3,550 Improvement Value $19,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $24,563 Land Value $3,930 Improvement Value $20,633 Tax Amount $1,933.84 Change Rate Assessed CR Tax Rate +0.07873%