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506 Franklin St; Joliet, IL Property Details

506 Franklin 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 506 Franklin St has a total of 1,044 square feet. The lot size of 506 Franklin St is 4,975 square feet.

Off market
506 Franklin St Joliet, IL 60432
$44,104 Estimated Value
1,044 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $15,000
  • Est. Equity / %: $192,000 / 100%
  • Gross Yield: 8.956%
  • APN: 30-07-10-119-012
  • Situs County: Will
  • Length Of Ownership: 32 years, 2 months

Structure

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

Measurements

  • Total: 1,044/SqFt
  • Lot: 4,975/SqFt
  • Gross: 1,044/SqFt
  • Garage: 280/SqFt
  • Living: 1,044/SqFt
  • Basement: 1,044/SqFt
  • Building: 1,044/SqFt
  • Ground: 1,044/SqFt
  • Garage Unfinished: 280/SqFt
  • Basement Unfinished: 1,044/SqFt
  • Price Per Square Foot: $14.37

Legal Description

  • Description: THE N1/2 OF LOT 6 IN BLK 19 OF CASSENDAY'S ADDN TO JOLIET, A SUB OF THE E1/2 OF THE NW1/4 OF SEC. 10, 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: 41.533848 / -88.07613
  • Subdivision: Cassidays Addition To Joliet
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 1810
  • Garage: Garage
  • Parking: 1

Ownership Info

506 Franklin St has no associated ownership info
506 Franklin St has no associated ownership info.

Taxes

506 Franklin St has 10 associated Taxes items

506 Franklin 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 $44,104. The APN we've located for 506 Franklin St is 30-07-10-119-012.

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Taxes
  • Assessed Value:  $44,104
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-10-119-012
  • Assessed Land Value:  7143
  • Market Land Value:  21429
  • Tax Amount:  2899.4
  • Tax Year:  2025
  • Market Value:  132312
  • Market Year:  2025

Tax History

506 Franklin St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $44,104 Land Value $7,143 Improvement Value $36,961 Tax Amount $2,899.4 Change Rate Assessed CR Tax Rate +0.06574%
Year 2024 Assessed Value $40,351 Land Value $6,535 Improvement Value $33,816 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $35,851 Land Value $5,806 Improvement Value $30,045 Tax Amount $2,521.77 Change Rate +0.033157% Assessed CR Tax Rate +0.07034%
Year 2022 Assessed Value $32,430 Land Value $5,252 Improvement Value $27,178 Tax Amount $2,440.84 Change Rate +0.069343% Assessed CR Tax Rate +0.075265%
Year 2021 Assessed Value $30,288 Land Value $4,905 Improvement Value $25,383 Tax Amount $2,282.56 Change Rate +0.068004% Assessed CR Tax Rate +0.075362%
Year 2020 Assessed Value $28,763 Land Value $4,658 Improvement Value $24,105 Tax Amount $2,137.22 Change Rate +0.072837% Assessed CR Tax Rate +0.074304%
Year 2019 Assessed Value $26,731 Land Value $4,329 Improvement Value $22,402 Tax Amount $1,992.12 Change Rate +0.111005% Assessed CR Tax Rate +0.074525%
Year 2018 Assessed Value $23,995 Land Value $3,888 Improvement Value $20,107 Tax Amount $1,793.08 Change Rate +0.097544% Assessed CR Tax Rate +0.074727%
Year 2017 Assessed Value $21,816 Land Value $3,535 Improvement Value $18,281 Tax Amount $1,633.72 Change Rate +0.107081% Assessed CR Tax Rate +0.074886%
Year 2016 Assessed Value $19,730 Land Value $3,253 Improvement Value $16,477 Tax Amount $1,475.7 Change Rate Assessed CR Tax Rate +0.074795%
Year 2015 Assessed Value $18,500 Land Value $3,050 Improvement Value $15,450 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $18,400 Land Value $3,050 Improvement Value $15,350 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $20,240 Land Value $3,390 Improvement Value $16,850 Tax Amount $1,483.48 Change Rate Assessed CR Tax Rate +0.073294%