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508 Krakar Ave; Joliet, IL Property Details

508 Krakar Ave, Joliet, IL is a Single Family that was built in 1923. This property is currently a cash purchase and is not for sale. Our records show that 508 Krakar Ave has a total of 800 square feet. The lot size of 508 Krakar Ave is 5,717 square feet.

Off market
508 Krakar Ave Joliet, IL 60432
$45,000 Listing Price
800 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1923
  • Purchase Price: $45,000
  • Est. Equity / %: $200,000 / 100%
  • Gross Yield: 4.398%
  • APN: 30-07-11-217-016
  • Situs County: Will
  • Length Of Ownership: 8 years, 6 months

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 800/SqFt
  • Lot: 5,717/SqFt
  • Gross: 800/SqFt
  • Living: 800/SqFt
  • Basement: 800/SqFt
  • Building: 800/SqFt
  • Price Per Square Foot: $56.25

Legal Description

  • Description: LOT 16 IN SUB BY MERRITT O CAGWIN OF BLK 6 OF SUB BY HEIRS OF A CAGWIN, DECEASED, OF THE E1/2 NE1/4 SEC 11, 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: 41.534496 / -88.0467
  • Subdivision: Sub By Merritt O Cagwin Of Blk 6 Of Sub
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2024

Ownership Info

508 Krakar Ave has no associated ownership info
508 Krakar Ave has no associated ownership info.

Taxes

508 Krakar Ave has 10 associated Taxes items

508 Krakar 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 $38,563. The APN we've located for 508 Krakar Ave is 30-07-11-217-016.

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Taxes
  • Assessed Value:  $38,563
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-11-217-016
  • Assessed Land Value:  9016
  • Market Land Value:  27048
  • Tax Amount:  2454.42
  • Tax Year:  2025
  • Market Value:  115689
  • Market Year:  2025

Tax History

508 Krakar Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,563 Land Value $9,016 Improvement Value $29,547 Tax Amount $2,454.42 Change Rate Assessed CR Tax Rate +0.063647%
Year 2024 Assessed Value $35,282 Land Value $8,249 Improvement Value $27,033 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $31,348 Land Value $7,329 Improvement Value $24,019 Tax Amount $2,796.46 Change Rate +0.06784% Assessed CR Tax Rate +0.089207%
Year 2022 Assessed Value $28,357 Land Value $6,630 Improvement Value $21,727 Tax Amount $2,618.8 Change Rate +0.052175% Assessed CR Tax Rate +0.092351%
Year 2021 Assessed Value $26,484 Land Value $6,192 Improvement Value $20,292 Tax Amount $2,488.94 Change Rate +0.053992% Assessed CR Tax Rate +0.093979%
Year 2020 Assessed Value $25,151 Land Value $5,880 Improvement Value $19,271 Tax Amount $2,361.44 Change Rate +0.051304% Assessed CR Tax Rate +0.093891%
Year 2019 Assessed Value $23,375 Land Value $5,465 Improvement Value $17,910 Tax Amount $2,246.2 Change Rate +0.076478% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $20,941 Land Value $4,888 Improvement Value $16,053 Tax Amount $2,086.62 Change Rate +0.061008% Assessed CR Tax Rate +0.099643%
Year 2017 Assessed Value $19,039 Land Value $4,444 Improvement Value $14,595 Tax Amount $1,966.64 Change Rate +0.079006% Assessed CR Tax Rate +0.103295%
Year 2016 Assessed Value $16,958 Land Value $4,053 Improvement Value $12,905 Tax Amount $1,822.64 Change Rate Assessed CR Tax Rate +0.10748%
Year 2015 Assessed Value $15,900 Land Value $3,800 Improvement Value $12,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $15,850 Land Value $3,800 Improvement Value $12,050 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $18,520 Land Value $4,225 Improvement Value $14,295 Tax Amount $1,760.22 Change Rate Assessed CR Tax Rate +0.095044%