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507 Illinois St; Joliet, IL Property Details

507 Illinois St, Joliet, IL is a Exempt (Full Or Partial) that was built in 1900. This property is currently Financed,Bank Sale and is not for sale. Our records show that 507 Illinois St has 3 bedrooms, and 1 bathroom, and a total of 1,246 square feet. The lot size of 507 Illinois St is 8,712 square feet.

Off market
507 Illinois St Joliet, IL 60436
$72,500 Listing Price
3 Beds
1 Baths
1,246 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $72,500
  • Open Loans / Balance: 1 / $89,411
  • Inv. Liens / Amount: 4 / $390,000
  • APN: 30-07-16-314-008
  • Situs County: Will
  • Length Of Ownership: 11 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,246/SqFt
  • Lot: 8,712/SqFt
  • Gross: 1,246/SqFt
  • Garage: 323/SqFt
  • Living: 1,246/SqFt
  • Basement: 1,246/SqFt
  • Building: 1,246/SqFt
  • Ground: 1,246/SqFt
  • Garage Unfinished: 280/SqFt
  • Basement Unfinished: 308/SqFt
  • Price Per Square Foot: $58.19

Legal Description

  • Description: LOT 4 BLOCK 102 IN WILLIAM MCCORRISTEN'S SUB OF BLKS 102 104, BEING A SUB OF PRT OF SEC 16, T35N-R10E.
Building Insights

Land Information

  • Property Type: Exempt (full or partial)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Joliet Township High School District 204
  • Lat / Lon: 41.51384 / -88.09612
  • Subdivision: William Mccorristens
  • Property Class: Exempt
  • County Use Code: E

Amenities

  • Plus Four: 2181
  • Cooling: None
  • Garage: Garage
  • Parking: 1

Ownership Info

507 Illinois St has no associated ownership info
507 Illinois St has no associated ownership info.

Taxes

507 Illinois St has 10 associated Taxes items

507 Illinois 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 $53,473. The APN we've located for 507 Illinois St is 30-07-16-314-008.

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Taxes
  • Assessed Value:  $53,473
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-16-314-008
  • Assessed Land Value:  8391
  • Market Land Value:  25173
  • Tax Amount:  3427.64
  • Tax Year:  2024
  • Market Value:  160419
  • Market Year:  2025

Tax History

507 Illinois St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,473 Land Value $8,391 Improvement Value $45,082 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,427.64 Change Rate +0.083325% Assessed CR Tax Rate
Year 2023 Assessed Value $43,468 Land Value $6,821 Improvement Value $36,647 Tax Amount $3,164 Change Rate +0.028228% Assessed CR Tax Rate +0.072789%
Year 2022 Assessed Value $39,320 Land Value $6,170 Improvement Value $33,150 Tax Amount $3,077.14 Change Rate +0.065706% Assessed CR Tax Rate +0.078259%
Year 2021 Assessed Value $36,724 Land Value $5,763 Improvement Value $30,961 Tax Amount $2,887.42 Change Rate +0.065005% Assessed CR Tax Rate +0.078625%
Year 2020 Assessed Value $34,876 Land Value $5,473 Improvement Value $29,403 Tax Amount $2,711.18 Change Rate +0.068218% Assessed CR Tax Rate +0.077738%
Year 2019 Assessed Value $32,412 Land Value $5,086 Improvement Value $27,326 Tax Amount $2,538.04 Change Rate +0.104995% Assessed CR Tax Rate +0.078306%
Year 2018 Assessed Value $29,051 Land Value $4,555 Improvement Value $24,496 Tax Amount $2,296.88 Change Rate +0.089364% Assessed CR Tax Rate +0.079064%
Year 2017 Assessed Value $26,412 Land Value $4,141 Improvement Value $22,271 Tax Amount $2,108.46 Change Rate +0.099875% Assessed CR Tax Rate +0.07983%
Year 2016 Assessed Value $23,836 Land Value $3,786 Improvement Value $20,050 Tax Amount $1,917 Change Rate Assessed CR Tax Rate +0.080425%
Year 2015 Assessed Value $22,350 Land Value $3,550 Improvement Value $18,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $22,250 Land Value $3,550 Improvement Value $18,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $24,268 Land Value $3,930 Improvement Value $20,338 Tax Amount $2,470.96 Change Rate Assessed CR Tax Rate +0.10182%