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508 Illinois St; Joliet, IL Property Details

508 Illinois St, Joliet, IL is a Single Family that was built in 1878. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 508 Illinois St has 4 bedrooms, and 2 bathrooms, and a total of 1,186 square feet. The lot size of 508 Illinois St is 8,575 square feet.

Off market
506 Illinois St Joliet, IL 60436
$38,000 Listing Price
4 Beds
2 Baths
1,186 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1878
  • Purchase Price: $38,000
  • Open Loans / Balance: 1 / $85,384
  • Est. Equity / %: $159,616 / 65.15%
  • Gross Yield: 12.426%
  • APN: 30-07-16-315-003
  • Situs County: Will
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)

Measurements

  • Total: 1,186/SqFt
  • Lot: 8,575/SqFt
  • Gross: 1,960/SqFt
  • Garage: 400/SqFt
  • Living: 1,960/SqFt
  • Basement: 1,186/SqFt
  • Building: 1,186/SqFt
  • Price Per Square Foot: $32.04

Legal Description

  • Description: LOT 3 IN EAGANS SUB OF BLOCK 101 OF SCHOOL SECTION ADDITION TO JOLIET, BEING A SUB OF PRT OF THE SW 1/4 OF SEC. 16, T35N 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: 41.513885 / -88.09552
  • Subdivision: Egans
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2153
  • Cooling: Yes
  • Garage: Garage
  • Parking: 2

Ownership Info

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

Taxes

506 Illinois St has 10 associated Taxes items

508 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 $78,187. The APN we've located for 508 Illinois St is 30-07-16-315-003.

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Taxes
  • Assessed Value:  $78,187
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-16-315-003
  • Assessed Land Value:  8828
  • Market Land Value:  26484
  • Tax Amount:  5669.74
  • Tax Year:  2023
  • Market Value:  234561
  • Market Year:  2025

Tax History

506 Illinois St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $78,187 Land Value $8,828 Improvement Value $69,359 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $71,534 Land Value $8,077 Improvement Value $63,457 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $5,669.74 Change Rate +0.384667% Assessed CR Tax Rate
Year 2022 Assessed Value $44,338 Land Value $6,491 Improvement Value $37,847 Tax Amount $4,094.66 Change Rate +0.052157% Assessed CR Tax Rate +0.092351%
Year 2021 Assessed Value $41,410 Land Value $6,062 Improvement Value $35,348 Tax Amount $3,891.68 Change Rate +0.053993% Assessed CR Tax Rate +0.093979%
Year 2020 Assessed Value $39,326 Land Value $5,757 Improvement Value $33,569 Tax Amount $3,692.32 Change Rate +0.051332% Assessed CR Tax Rate +0.09389%
Year 2019 Assessed Value $36,548 Land Value $5,350 Improvement Value $31,198 Tax Amount $3,512.04 Change Rate +0.043653% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $33,772 Land Value $4,944 Improvement Value $28,828 Tax Amount $3,365.14 Change Rate +0.060996% Assessed CR Tax Rate +0.099643%
Year 2017 Assessed Value $30,705 Land Value $4,495 Improvement Value $26,210 Tax Amount $3,171.68 Change Rate +0.04808% Assessed CR Tax Rate +0.103295%
Year 2016 Assessed Value $28,156 Land Value $4,106 Improvement Value $24,050 Tax Amount $3,026.18 Change Rate Assessed CR Tax Rate +0.107479%
Year 2015 Assessed Value $26,400 Land Value $3,850 Improvement Value $22,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,300 Land Value $3,850 Improvement Value $22,450 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $28,149 Land Value $4,274 Improvement Value $23,875 Tax Amount $2,254.4 Change Rate Assessed CR Tax Rate +0.080088%