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508 2nd Ave; Joliet, IL Property Details

508 2nd Ave, Joliet, IL is a Single Family that was built in 1910. This property is not for sale. Our records show that 508 2nd Ave has a total of 676 square feet. The lot size of 508 2nd Ave is 5,699 square feet.

Off market
508 2nd Ave Joliet, IL 60433
$51,570 Estimated Value
676 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1910
  • Purchase Price: $12,000
  • Est. Equity / %: $234,000 / 100%
  • Gross Yield: 8.692%
  • APN: 30-07-15-221-005
  • Situs County: Will
  • Length Of Ownership: 37 years, 7 months

Structure

  • Stories: 2

Measurements

  • Total: 676/SqFt
  • Lot: 5,699/SqFt
  • Gross: 1,352/SqFt
  • Garage: 400/SqFt
  • Living: 1,352/SqFt
  • Basement: 676/SqFt
  • Building: 676/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $17.75

Legal Description

  • Description: LOT 5 BLOCK 1 THE W 10 FT OF LOT 4 THE E 35 FT OF LOT 5, IN BLK 1 IIN J A HENRY'S RE-SUB OF BLKS 2,3,4,9,10 11 IN J A HENRY
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Joliet Township High School District 204
  • Lat / Lon: 41.5205 / -88.067726
  • Subdivision: J A Henrys Re
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 1120
  • Garage: Garage
  • Parking: 2

Ownership Info

508 2nd Ave has no associated ownership info
508 2nd Ave has no associated ownership info.

Taxes

508 2nd Ave has 10 associated Taxes items

508 2nd 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 $51,570. The APN we've located for 508 2nd Ave is 30-07-15-221-005.

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Taxes
  • Assessed Value:  $51,570
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-15-221-005
  • Assessed Land Value:  8133
  • Market Land Value:  24399
  • Tax Amount:  4141.44
  • Tax Year:  2025
  • Market Value:  154710
  • Market Year:  2025

Tax History

508 2nd Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $51,570 Land Value $8,133 Improvement Value $43,437 Tax Amount $4,141.44 Change Rate Assessed CR Tax Rate +0.080307%
Year 2024 Assessed Value $47,182 Land Value $7,441 Improvement Value $39,741 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $41,921 Land Value $6,611 Improvement Value $35,310 Tax Amount $3,739.66 Change Rate +0.067876% Assessed CR Tax Rate +0.089207%
Year 2022 Assessed Value $37,920 Land Value $5,980 Improvement Value $31,940 Tax Amount $3,501.96 Change Rate +0.052158% Assessed CR Tax Rate +0.092351%
Year 2021 Assessed Value $35,416 Land Value $5,585 Improvement Value $29,831 Tax Amount $3,328.36 Change Rate +0.053979% Assessed CR Tax Rate +0.093979%
Year 2020 Assessed Value $33,634 Land Value $5,304 Improvement Value $28,330 Tax Amount $3,157.9 Change Rate +0.05133% Assessed CR Tax Rate +0.09389%
Year 2019 Assessed Value $31,258 Land Value $4,929 Improvement Value $26,329 Tax Amount $3,003.72 Change Rate +0.043647% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $28,884 Land Value $4,555 Improvement Value $24,329 Tax Amount $2,878.1 Change Rate +0.061035% Assessed CR Tax Rate +0.099643%
Year 2017 Assessed Value $26,260 Land Value $4,141 Improvement Value $22,119 Tax Amount $2,712.54 Change Rate +0.015643% Assessed CR Tax Rate +0.103296%
Year 2016 Assessed Value $24,849 Land Value $3,786 Improvement Value $21,063 Tax Amount $2,670.76 Change Rate Assessed CR Tax Rate +0.10748%
Year 2015 Assessed Value $23,300 Land Value $3,550 Improvement Value $19,750 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $23,200 Land Value $3,550 Improvement Value $19,650 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $25,054 Land Value $3,930 Improvement Value $21,124 Tax Amount $2,576.46 Change Rate Assessed CR Tax Rate +0.102836%