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506 Prospect Pl; Joliet, IL Property Details

506 Prospect Pl, Joliet, IL is a Single Family that was built in 1930. This property is currently Financed and is not for sale. Our records show that 506 Prospect Pl has 4 bedrooms, and a total of 1,236 square feet. The lot size of 506 Prospect Pl is 20,520 square feet.

Off market
506 Prospect Pl Joliet, IL 60436
$93,197 Estimated Value
4 Beds
1,236 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1930
  • Purchase Price: $154,000
  • Open Loans / Balance: 1 / $87,552
  • Est. Equity / %: $175,448 / 66.71%
  • Gross Yield: 13.743%
  • APN: 30-07-17-415-005
  • Situs County: Will
  • Length Of Ownership: 19 years, 8 months

Rooms

  • Bedrooms: 4
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Water Source: Municipal

Measurements

  • Total: 1,236/SqFt
  • Lot: 20,520/SqFt
  • Gross: 1,706/SqFt
  • Garage: 400/SqFt
  • Living: 1,706/SqFt
  • Basement: 1,236/SqFt
  • Building: 1,236/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $124.60

Legal Description

  • Description: LOT 1 BLOCK 8 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: 41.513474 / -88.101845
  • Subdivision: Millboro
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2024
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

506 Prospect Pl has 10 associated Taxes items

506 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 $93,197. The APN we've located for 506 Prospect Pl is 30-07-17-415-005.

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Taxes
  • Assessed Value:  $93,197
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-415-005
  • Assessed Land Value:  13658
  • Market Land Value:  40974
  • Tax Amount:  6841.92
  • Tax Year:  2025
  • Market Value:  279591
  • Market Year:  2025

Tax History

506 Prospect Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $93,197 Land Value $13,658 Improvement Value $79,539 Tax Amount $6,841.92 Change Rate Assessed CR Tax Rate +0.073414%
Year 2024 Assessed Value $85,267 Land Value $12,496 Improvement Value $72,771 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $75,760 Land Value $11,103 Improvement Value $64,657 Tax Amount $6,044.68 Change Rate +0.046749% Assessed CR Tax Rate +0.079787%
Year 2022 Assessed Value $68,530 Land Value $10,043 Improvement Value $58,487 Tax Amount $5,774.72 Change Rate +0.059337% Assessed CR Tax Rate +0.084266%
Year 2021 Assessed Value $64,005 Land Value $9,380 Improvement Value $54,625 Tax Amount $5,451.26 Change Rate +0.059798% Assessed CR Tax Rate +0.085169%
Year 2020 Assessed Value $60,784 Land Value $8,908 Improvement Value $51,876 Tax Amount $5,143.68 Change Rate +0.060142% Assessed CR Tax Rate +0.084622%
Year 2019 Assessed Value $56,491 Land Value $8,279 Improvement Value $48,212 Tax Amount $4,851.88 Change Rate +0.089003% Assessed CR Tax Rate +0.085888%
Year 2018 Assessed Value $50,713 Land Value $7,443 Improvement Value $43,270 Tax Amount $4,455.34 Change Rate +0.075426% Assessed CR Tax Rate +0.087854%
Year 2017 Assessed Value $46,107 Land Value $6,767 Improvement Value $39,340 Tax Amount $4,142.86 Change Rate +0.060086% Assessed CR Tax Rate +0.089853%
Year 2016 Assessed Value $42,361 Land Value $6,198 Improvement Value $36,163 Tax Amount $3,908.04 Change Rate Assessed CR Tax Rate +0.092256%
Year 2015 Assessed Value $38,200 Land Value $5,850 Improvement Value $32,350 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $38,000 Land Value $5,800 Improvement Value $32,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $38,956 Land Value $6,435 Improvement Value $32,521 Tax Amount $3,433.26 Change Rate Assessed CR Tax Rate +0.088132%