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516 Cornelia St; Joliet, IL Property Details

516 Cornelia St, Joliet, IL is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 516 Cornelia St has 3 bedrooms, and 1 bathroom, and a total of 1,224 square feet. The lot size of 516 Cornelia St is 6,987 square feet.

Off market
516 Cornelia St Joliet, IL 60435
$185,000 Listing Price
3 Beds
1 Baths
1,224 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $185,000
  • Open Loans / Balance: 1 / $163,342
  • Est. Equity / %: $86,658 / 34.66%
  • Gross Yield: 10.19%
  • APN: 30-07-08-221-004
  • Situs County: Will
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Porch Type: Open

Measurements

  • Total: 1,224/SqFt
  • Lot: 6,987/SqFt
  • Gross: 1,224/SqFt
  • Garage: 252/SqFt
  • Living: 1,224/SqFt
  • Basement: 1,224/SqFt
  • Building: 1,224/SqFt
  • Garage Unfinished: 252/SqFt
  • Price Per Square Foot: $151.14

Legal Description

  • Description: THE S 11.2 FT OF LOT 285 ALL OF LOT 284 IN MASON PLACE ADDN, IN THE W1/2 OF THE NE1/4 OF SEC. 8 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: 41.53338 / -88.106964
  • Subdivision: Mason Place Addition
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 6040
  • Cooling: Central
  • Garage: Garage
  • Parking: 1

Ownership Info

516 Cornelia St has no associated ownership info
516 Cornelia St has no associated ownership info.

Taxes

516 Cornelia St has 10 associated Taxes items

516 Cornelia 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 $87,290. The APN we've located for 516 Cornelia St is 30-07-08-221-004.

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Taxes
  • Assessed Value:  $87,290
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-08-221-004
  • Assessed Land Value:  20226
  • Market Land Value:  60678
  • Tax Amount:  6367.54
  • Tax Year:  2025
  • Market Value:  261870
  • Market Year:  2025

Tax History

516 Cornelia St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,290 Land Value $20,226 Improvement Value $67,064 Tax Amount $6,367.54 Change Rate Assessed CR Tax Rate +0.072947%
Year 2024 Assessed Value $79,863 Land Value $18,505 Improvement Value $61,358 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $70,958 Land Value $16,442 Improvement Value $54,516 Tax Amount $5,616.3 Change Rate +0.045177% Assessed CR Tax Rate +0.07915%
Year 2022 Assessed Value $64,186 Land Value $14,873 Improvement Value $49,313 Tax Amount $5,373.54 Change Rate +0.059874% Assessed CR Tax Rate +0.083718%
Year 2021 Assessed Value $59,948 Land Value $13,891 Improvement Value $46,057 Tax Amount $5,069.98 Change Rate +0.060239% Assessed CR Tax Rate +0.084573%
Year 2020 Assessed Value $56,931 Land Value $13,192 Improvement Value $43,739 Tax Amount $4,781.92 Change Rate +0.060815% Assessed CR Tax Rate +0.083995%
Year 2019 Assessed Value $52,910 Land Value $12,260 Improvement Value $40,650 Tax Amount $4,507.78 Change Rate +0.054748% Assessed CR Tax Rate +0.085197%
Year 2018 Assessed Value $48,891 Land Value $11,329 Improvement Value $37,562 Tax Amount $4,273.8 Change Rate +0.132432% Assessed CR Tax Rate +0.087415%
Year 2017 Assessed Value $42,536 Land Value $10,296 Improvement Value $32,240 Tax Amount $3,774 Change Rate +0.059529% Assessed CR Tax Rate +0.088725%
Year 2016 Assessed Value $39,141 Land Value $9,439 Improvement Value $29,702 Tax Amount $3,561.96 Change Rate Assessed CR Tax Rate +0.091003%
Year 2015 Assessed Value $36,700 Land Value $8,850 Improvement Value $27,850 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $36,500 Land Value $8,800 Improvement Value $27,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $38,514 Land Value $9,776 Improvement Value $28,738 Tax Amount $3,387.16 Change Rate Assessed CR Tax Rate +0.087946%