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506 Wheeler Ave; Joliet, IL Property Details

506 Wheeler Ave, Joliet, IL is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 506 Wheeler Ave has a total of 992 square feet. The lot size of 506 Wheeler Ave is 5,828 square feet.

Off market
506 Wheeler Ave Joliet, IL 60436
$71,594 Estimated Value
992 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $150,000
  • Open Loans / Balance: 1 / $134,249
  • Est. Equity / %: $76,751 / 36.37%
  • Gross Yield: 13.541%
  • APN: 30-07-17-412-005
  • Situs County: Will
  • Length Of Ownership: 5 years, 2 months

Structure

  • Stories: 1

Measurements

  • Total: 992/SqFt
  • Lot: 5,828/SqFt
  • Gross: 992/SqFt
  • Garage: 308/SqFt
  • Living: 992/SqFt
  • Basement: 992/SqFt
  • Building: 992/SqFt
  • Garage Unfinished: 308/SqFt
  • Price Per Square Foot: $151.21

Legal Description

  • Description: LOT 15 BLOCK 6 IN MILLBORO, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC. 17, T35N0-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: 41.51324 / -88.105
  • Subdivision: Millboro
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2074
  • Garage: Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

506 Wheeler Ave has no associated ownership info
506 Wheeler Ave has no associated ownership info.

Taxes

506 Wheeler Ave has 10 associated Taxes items

506 Wheeler 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 $71,594. The APN we've located for 506 Wheeler Ave is 30-07-17-412-005.

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Taxes
  • Assessed Value:  $71,594
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-412-005
  • Assessed Land Value:  21156
  • Market Land Value:  63468
  • Tax Amount:  5107.04
  • Tax Year:  2025
  • Market Value:  214782
  • Market Year:  2025

Tax History

506 Wheeler Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $71,594 Land Value $21,156 Improvement Value $50,438 Tax Amount $5,107.04 Change Rate Assessed CR Tax Rate +0.071333%
Year 2024 Assessed Value $65,502 Land Value $19,356 Improvement Value $46,146 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $58,198 Land Value $17,198 Improvement Value $41,000 Tax Amount $4,478.02 Change Rate +0.039558% Assessed CR Tax Rate +0.076945%
Year 2022 Assessed Value $52,644 Land Value $15,557 Improvement Value $37,087 Tax Amount $4,307.62 Change Rate -0.067768% Assessed CR Tax Rate +0.081825%
Year 2021 Assessed Value $49,168 Land Value $14,530 Improvement Value $34,638 Tax Amount $4,620.76 Change Rate +0.053981% Assessed CR Tax Rate +0.093979%
Year 2020 Assessed Value $46,694 Land Value $13,799 Improvement Value $32,895 Tax Amount $4,384.1 Change Rate +0.051318% Assessed CR Tax Rate +0.09389%
Year 2019 Assessed Value $43,396 Land Value $12,824 Improvement Value $30,572 Tax Amount $4,170.1 Change Rate +0.074823% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $38,937 Land Value $11,498 Improvement Value $27,439 Tax Amount $3,879.8 Change Rate +0.539298% Assessed CR Tax Rate +0.099643%
Year 2017 Assessed Value $35,401 Land Value $10,454 Improvement Value $24,947 Tax Amount $2,520.5 Change Rate +0.917342% Assessed CR Tax Rate +0.071199%
Year 2016 Assessed Value $32,251 Land Value $9,571 Improvement Value $22,680 Tax Amount $1,314.58 Change Rate Assessed CR Tax Rate +0.040761%
Year 2015 Assessed Value $29,600 Land Value $9,000 Improvement Value $20,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $29,450 Land Value $8,950 Improvement Value $20,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,338 Land Value $9,972 Improvement Value $24,366 Tax Amount $1,274.2 Change Rate Assessed CR Tax Rate +0.037108%