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505 Prospect Pl; Joliet, IL Property Details

505 Prospect Pl, Joliet, IL is a Single Family that was built in 1930. This property is not for sale. Our records show that 505 Prospect Pl has a total of 944 square feet. The lot size of 505 Prospect Pl is 5,961 square feet.

Off market
505 Prospect Pl Joliet, IL 60436
$74,452 Estimated Value
944 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1930
  • Est. Equity / %: $270,000 / 100%
  • Gross Yield: 11.004%
  • APN: 30-07-17-414-028
  • Situs County: Will

Structure

  • Stories: 1.5

Measurements

  • Total: 944/SqFt
  • Lot: 5,961/SqFt
  • Gross: 1,416/SqFt
  • Garage: 528/SqFt
  • Living: 1,416/SqFt
  • Basement: 944/SqFt
  • Building: 944/SqFt
  • Garage Unfinished: 528/SqFt

Legal Description

  • Description: LOT 3 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: 41.513866 / -88.102
  • Subdivision: Millboro
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2023
  • Garage: Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

505 Prospect Pl has 10 associated Taxes items

505 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 $74,452. The APN we've located for 505 Prospect Pl is 30-07-17-414-028.

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Taxes
  • Assessed Value:  $74,452
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-414-028
  • Assessed Land Value:  8570
  • Market Land Value:  25710
  • Tax Amount:  5336.56
  • Tax Year:  2025
  • Market Value:  223356
  • Market Year:  2025

Tax History

505 Prospect Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $74,452 Land Value $8,570 Improvement Value $65,882 Tax Amount $5,336.56 Change Rate Assessed CR Tax Rate +0.071678%
Year 2024 Assessed Value $68,117 Land Value $7,841 Improvement Value $60,276 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $60,522 Land Value $6,967 Improvement Value $53,555 Tax Amount $4,685.34 Change Rate +0.040784% Assessed CR Tax Rate +0.077415%
Year 2022 Assessed Value $54,746 Land Value $6,302 Improvement Value $48,444 Tax Amount $4,501.74 Change Rate +0.061386% Assessed CR Tax Rate +0.08223%
Year 2021 Assessed Value $51,131 Land Value $5,886 Improvement Value $45,245 Tax Amount $4,241.38 Change Rate +0.061465% Assessed CR Tax Rate +0.082951%
Year 2020 Assessed Value $48,558 Land Value $5,590 Improvement Value $42,968 Tax Amount $3,995.78 Change Rate +0.062713% Assessed CR Tax Rate +0.082289%
Year 2019 Assessed Value $45,128 Land Value $5,195 Improvement Value $39,933 Tax Amount $3,759.98 Change Rate +0.093971% Assessed CR Tax Rate +0.083318%
Year 2018 Assessed Value $40,493 Land Value $4,666 Improvement Value $35,827 Tax Amount $3,437 Change Rate +0.079785% Assessed CR Tax Rate +0.084879%
Year 2017 Assessed Value $36,815 Land Value $4,242 Improvement Value $32,573 Tax Amount $3,183.04 Change Rate +0.079041% Assessed CR Tax Rate +0.08646%
Year 2016 Assessed Value $33,446 Land Value $3,868 Improvement Value $29,578 Tax Amount $2,949.88 Change Rate Assessed CR Tax Rate +0.088198%
Year 2015 Assessed Value $30,100 Land Value $3,650 Improvement Value $26,450 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $29,950 Land Value $3,650 Improvement Value $26,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $32,864 Land Value $4,028 Improvement Value $28,836 Tax Amount $2,798.62 Change Rate Assessed CR Tax Rate +0.085158%