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507 Florence Ave; Joliet, IL Property Details

507 Florence Ave, Joliet, IL is a Single Family that was built in 1898. This property is currently Financed,Foreclosure and is not for sale. Our records show that 507 Florence Ave has 1 bedroom, and a total of 872 square feet. The lot size of 507 Florence Ave is 7,028 square feet.

Off market
507 Florence Ave Joliet, IL 60433
$66,230 Listing Price
1 Beds
872 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1898
  • Est. Equity / %: $226,000 / 100%
  • Gross Yield: 7.779%
  • APN: 30-07-15-401-013
  • Situs County: Will
  • Length Of Ownership: 32 years

Rooms

  • Bedrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 872/SqFt
  • Lot: 7,028/SqFt
  • Gross: 1,744/SqFt
  • Garage: 180/SqFt
  • Living: 1,744/SqFt
  • Basement: 872/SqFt
  • Building: 872/SqFt
  • Garage Unfinished: 180/SqFt

Legal Description

  • Description: THE E 26 FT OF LOT 12, THE W 24 FT OF LOT 13, IN BLK 7 IN GARDNER STRONGS SUB OF BLKS 6 7 OF PRT OF BLKS 8,9,10 11 OF BOW
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: 41.516575 / -88.0673
  • Subdivision: Gardner & Strongs
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2311
  • Fireplaces: 1
  • Garage: Garage

Ownership Info

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

Taxes

507 Florence Ave has 10 associated Taxes items

507 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 $50,282. The APN we've located for 507 Florence Ave is 30-07-15-401-013.

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Taxes
  • Assessed Value:  $50,282
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-15-401-013
  • Assessed Land Value:  8728
  • Market Land Value:  26184
  • Tax Amount:  4038
  • Tax Year:  2025
  • Market Value:  150846
  • Market Year:  2025

Tax History

507 Florence Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,282 Land Value $8,728 Improvement Value $41,554 Tax Amount $4,038 Change Rate Assessed CR Tax Rate +0.080307%
Year 2024 Assessed Value $46,003 Land Value $7,985 Improvement Value $38,018 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $40,874 Land Value $7,095 Improvement Value $33,779 Tax Amount $3,646.26 Change Rate +0.067875% Assessed CR Tax Rate +0.089207%
Year 2022 Assessed Value $36,973 Land Value $6,418 Improvement Value $30,555 Tax Amount $3,414.5 Change Rate +0.052169% Assessed CR Tax Rate +0.092351%
Year 2021 Assessed Value $34,531 Land Value $5,994 Improvement Value $28,537 Tax Amount $3,245.2 Change Rate +0.053999% Assessed CR Tax Rate +0.093979%
Year 2020 Assessed Value $32,793 Land Value $5,692 Improvement Value $27,101 Tax Amount $3,078.94 Change Rate +0.051314% Assessed CR Tax Rate +0.09389%
Year 2019 Assessed Value $30,477 Land Value $5,290 Improvement Value $25,187 Tax Amount $2,928.66 Change Rate +0.043654% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $28,162 Land Value $4,888 Improvement Value $23,274 Tax Amount $2,806.16 Change Rate +0.061018% Assessed CR Tax Rate +0.099643%
Year 2017 Assessed Value $25,604 Land Value $4,444 Improvement Value $21,160 Tax Amount $2,644.78 Change Rate +0.027746% Assessed CR Tax Rate +0.103296%
Year 2016 Assessed Value $23,943 Land Value $4,053 Improvement Value $19,890 Tax Amount $2,573.38 Change Rate Assessed CR Tax Rate +0.107479%
Year 2015 Assessed Value $22,450 Land Value $3,800 Improvement Value $18,650 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $22,350 Land Value $3,800 Improvement Value $18,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $24,170 Land Value $4,225 Improvement Value $19,945 Tax Amount $2,482.06 Change Rate Assessed CR Tax Rate +0.102692%