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508 S Desplaines St; Joliet, IL Property Details

508 S Desplaines St, Joliet, IL is a Single Family that was built in 1900. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 508 S Desplaines St has 3 bedrooms, and a total of 944 square feet. The lot size of 508 S Desplaines St is 7,950 square feet.

Off market
508 S Desplaines St Joliet, IL 60436
$39,865 Estimated Value
3 Beds
944 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1900
  • Purchase Price: $48,000
  • Est. Equity / %: $200,000 / 100%
  • Gross Yield: 8.274%
  • APN: 30-07-16-416-004
  • Situs County: Will
  • Length Of Ownership: 18 years, 5 months

Rooms

  • Bedrooms: 3
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Water Source: Municipal

Measurements

  • Total: 944/SqFt
  • Lot: 7,950/SqFt
  • Gross: 1,416/SqFt
  • Garage: 528/SqFt
  • Living: 1,416/SqFt
  • Basement: 660/SqFt
  • Building: 944/SqFt
  • Garage Unfinished: 528/SqFt
  • Basement Unfinished: 284/SqFt
  • Price Per Square Foot: $50.85

Legal Description

  • Description: LOT 6 IN J.E. BUSHS SUB OF BLK 95 IN SCHOOL SEC ADD'T TO JOLIET, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC 16, T35N
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: 41.51386 / -88.085236
  • Subdivision: J E Bushs
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2327
  • Cooling: None
  • Garage: Garage
  • Parking: 2

Ownership Info

508 S Desplaines St has no associated ownership info
508 S Desplaines St has no associated ownership info.

Taxes

508 S Desplaines St has 10 associated Taxes items

508 S Desplaines 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 $39,865. The APN we've located for 508 S Desplaines St is 30-07-16-416-004.

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Taxes
  • Assessed Value:  $39,865
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-16-416-004
  • Assessed Land Value:  6283
  • Market Land Value:  18849
  • Tax Amount:  3201.44
  • Tax Year:  2025
  • Market Value:  119595
  • Market Year:  2025

Tax History

508 S Desplaines St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,865 Land Value $6,283 Improvement Value $33,582 Tax Amount $3,201.44 Change Rate Assessed CR Tax Rate +0.080307%
Year 2024 Assessed Value $36,473 Land Value $5,748 Improvement Value $30,725 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $32,406 Land Value $5,107 Improvement Value $27,299 Tax Amount $2,890.84 Change Rate +0.067842% Assessed CR Tax Rate +0.089207%
Year 2022 Assessed Value $29,314 Land Value $4,620 Improvement Value $24,694 Tax Amount $2,707.18 Change Rate +0.052166% Assessed CR Tax Rate +0.092351%
Year 2021 Assessed Value $27,378 Land Value $4,315 Improvement Value $23,063 Tax Amount $2,572.96 Change Rate +0.717047% Assessed CR Tax Rate +0.093979%
Year 2020 Assessed Value $15,960 Land Value $4,098 Improvement Value $11,862 Tax Amount $1,498.48 Change Rate +0.051299% Assessed CR Tax Rate +0.09389%
Year 2019 Assessed Value $14,833 Land Value $3,809 Improvement Value $11,024 Tax Amount $1,425.36 Change Rate +0.043593% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $13,707 Land Value $3,520 Improvement Value $10,187 Tax Amount $1,365.82 Change Rate +0.061029% Assessed CR Tax Rate +0.099644%
Year 2017 Assessed Value $12,462 Land Value $3,200 Improvement Value $9,262 Tax Amount $1,287.26 Change Rate +0.044633% Assessed CR Tax Rate +0.103295%
Year 2016 Assessed Value $11,465 Land Value $2,933 Improvement Value $8,532 Tax Amount $1,232.26 Change Rate Assessed CR Tax Rate +0.10748%
Year 2015 Assessed Value $10,750 Land Value $2,750 Improvement Value $8,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $10,700 Land Value $2,750 Improvement Value $7,950 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $11,299 Land Value $3,046 Improvement Value $8,253 Tax Amount $1,188.28 Change Rate Assessed CR Tax Rate +0.105167%