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509 Morgan St; Joliet, IL Property Details

509 Morgan St, Joliet, IL is a Single Family that was built in 1927. This property is currently Financed and is not for sale. Our records show that 509 Morgan St has 4 bedrooms, and a total of 1,344 square feet. The lot size of 509 Morgan St is 8,331 square feet.

Off market
507 Morgan St #509 Joliet, IL 60436
$78,942 Estimated Value
4 Beds
1,344 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1927
  • Purchase Price: $125,000
  • Est. Equity / %: $278,000 / 100%
  • Gross Yield: 11.922%
  • APN: 30-07-16-117-058
  • Situs County: Will
  • Length Of Ownership: 25 years, 3 months

Rooms

  • Bedrooms: 4

Structure

  • Building Style: Masonry
  • Stories: 2
  • Exterior Wall Type: Brick
  • Porch Type: Open

Measurements

  • Total: 1,344/SqFt
  • Lot: 8,331/SqFt
  • Gross: 2,464/SqFt
  • Living: 2,464/SqFt
  • Basement: 1,344/SqFt
  • Building: 1,344/SqFt
  • Price Per Square Foot: $93.01

Legal Description

  • Description: THE S 64.97 FT OF LOT 9 IN BURKE'S SUB OF BLK 50 OF SCHOOL SEC ADDN TO JOLIET, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 SE
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: 41.518272 / -88.09384
  • Subdivision: Burke'S Sub
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 1615

Ownership Info

507 Morgan St #509 has no associated ownership info
507 Morgan St #509 has no associated ownership info.

Taxes

507 Morgan St #509 has 10 associated Taxes items

509 Morgan 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 $78,942. The APN we've located for 509 Morgan St is 30-07-16-117-058.

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Taxes
  • Assessed Value:  $78,942
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-16-117-058
  • Assessed Land Value:  18745
  • Market Land Value:  56235
  • Tax Amount:  5697.14
  • Tax Year:  2025
  • Market Value:  236826
  • Market Year:  2025

Tax History

507 Morgan St #509 has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $78,942 Land Value $18,745 Improvement Value $60,197 Tax Amount $5,697.14 Change Rate Assessed CR Tax Rate +0.072169%
Year 2024 Assessed Value $72,225 Land Value $17,150 Improvement Value $55,075 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $64,172 Land Value $15,238 Improvement Value $48,934 Tax Amount $5,010.94 Change Rate +0.042495% Assessed CR Tax Rate +0.078086%
Year 2022 Assessed Value $58,048 Land Value $13,784 Improvement Value $44,264 Tax Amount $4,806.68 Change Rate +0.060796% Assessed CR Tax Rate +0.082805%
Year 2021 Assessed Value $54,215 Land Value $12,874 Improvement Value $41,341 Tax Amount $4,531.2 Change Rate +0.061002% Assessed CR Tax Rate +0.083578%
Year 2020 Assessed Value $51,486 Land Value $12,226 Improvement Value $39,260 Tax Amount $4,270.68 Change Rate +0.061978% Assessed CR Tax Rate +0.082948%
Year 2019 Assessed Value $47,849 Land Value $11,362 Improvement Value $36,487 Tax Amount $4,021.44 Change Rate +0.056089% Assessed CR Tax Rate +0.084044%
Year 2018 Assessed Value $44,215 Land Value $10,499 Improvement Value $33,716 Tax Amount $3,807.86 Change Rate +0.136529% Assessed CR Tax Rate +0.086121%
Year 2017 Assessed Value $40,199 Land Value $9,545 Improvement Value $30,654 Tax Amount $3,350.43 Change Rate +0.010566% Assessed CR Tax Rate +0.083346%
Year 2016 Assessed Value $36,847 Land Value $8,745 Improvement Value $28,102 Tax Amount $3,315.4 Change Rate Assessed CR Tax Rate +0.089977%
Year 2015 Assessed Value $34,550 Land Value $8,200 Improvement Value $26,350 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $34,350 Land Value $8,150 Improvement Value $26,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $36,893 Land Value $9,039 Improvement Value $27,854 Tax Amount $3,148.38 Change Rate Assessed CR Tax Rate +0.085338%