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507 Wheeler Ave; Joliet, IL Property Details

507 Wheeler Ave, Joliet, IL is a Single Family that was built in 1921. This property is currently Financed and is not for sale. Our records show that 507 Wheeler Ave has 4 bedrooms, and 1 bathroom, and a total of 1,288 square feet. The lot size of 507 Wheeler Ave is 5,502 square feet.

Off market
507 Wheeler Ave Joliet, IL 60436
$115,000 Listing Price
4 Beds
1 Baths
1,288 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1921
  • Purchase Price: $115,000
  • Open Loans / Balance: 2 / $192,494
  • Est. Equity / %: $21,506 / 10.05%
  • Gross Yield: 12.073%
  • APN: 30-07-17-407-012
  • Situs County: Will
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 1,288/SqFt
  • Lot: 5,502/SqFt
  • Gross: 1,288/SqFt
  • Garage: 528/SqFt
  • Living: 1,288/SqFt
  • Basement: 1,288/SqFt
  • Building: 1,288/SqFt
  • Garage Unfinished: 528/SqFt
  • Price Per Square Foot: $89.29

Legal Description

  • Description: LOT 63 THE S1/2 OF LOT 64, IN WEST PARK ADDN TO JOLIET, BEING A SUB OF PRT OF THE W1/2 OF THE SE1/4 OF SEC 17, T35NR10E.
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: 41.51318 / -88.10544
  • Subdivision: West Park Addition To Joliet
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2073
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

507 Wheeler Ave has 10 associated Taxes items

507 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 $75,701. The APN we've located for 507 Wheeler Ave is 30-07-17-407-012.

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Taxes
  • Assessed Value:  $75,701
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-407-012
  • Assessed Land Value:  18568
  • Market Land Value:  55704
  • Tax Amount:  5436.86
  • Tax Year:  2025
  • Market Value:  227103
  • Market Year:  2025

Tax History

507 Wheeler Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $75,701 Land Value $18,568 Improvement Value $57,133 Tax Amount $5,436.86 Change Rate Assessed CR Tax Rate +0.07182%
Year 2024 Assessed Value $69,260 Land Value $16,988 Improvement Value $52,272 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $61,537 Land Value $15,094 Improvement Value $46,443 Tax Amount $4,775.88 Change Rate +0.041264% Assessed CR Tax Rate +0.07761%
Year 2022 Assessed Value $55,665 Land Value $13,654 Improvement Value $42,011 Tax Amount $4,586.62 Change Rate +0.061226% Assessed CR Tax Rate +0.082397%
Year 2021 Assessed Value $51,989 Land Value $12,752 Improvement Value $39,237 Tax Amount $4,322 Change Rate +0.061343% Assessed CR Tax Rate +0.083133%
Year 2020 Assessed Value $49,372 Land Value $12,110 Improvement Value $37,262 Tax Amount $4,072.2 Change Rate +0.062483% Assessed CR Tax Rate +0.08248%
Year 2019 Assessed Value $45,885 Land Value $11,255 Improvement Value $34,630 Tax Amount $3,832.72 Change Rate +0.094013% Assessed CR Tax Rate +0.083529%
Year 2018 Assessed Value $41,159 Land Value $10,109 Improvement Value $31,050 Tax Amount $3,503.36 Change Rate +0.079405% Assessed CR Tax Rate +0.085118%
Year 2017 Assessed Value $37,421 Land Value $9,191 Improvement Value $28,230 Tax Amount $3,245.64 Change Rate +0.071076% Assessed CR Tax Rate +0.086733%
Year 2016 Assessed Value $34,194 Land Value $8,431 Improvement Value $25,763 Tax Amount $3,030.26 Change Rate Assessed CR Tax Rate +0.08862%
Year 2015 Assessed Value $31,000 Land Value $7,950 Improvement Value $23,050 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $30,850 Land Value $7,900 Improvement Value $22,950 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $32,913 Land Value $8,793 Improvement Value $24,120 Tax Amount $2,759.7 Change Rate Assessed CR Tax Rate +0.083848%