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518 Cornelia St; Joliet, IL Property Details

518 Cornelia St, Joliet, IL is a Single Family that was built in 1951. This property is currently Financed and is not for sale. Our records show that 518 Cornelia St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,080 square feet. The lot size of 518 Cornelia St is 7,354 square feet.

Off market  •   Bankruptcy ✓
518 Cornelia St Joliet, IL 60435
$240,000 Listing Price
3 Beds
1.5 Baths
1,080 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1951
  • Purchase Price: $240,000
  • Open Loans / Balance: 1 / $199,621
  • Est. Equity / %: $118,379 / 37.23%
  • Gross Yield: 9.762%
  • APN: 30-07-08-221-003
  • Situs County: Will
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 1.5
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,080/SqFt
  • Lot: 7,354/SqFt
  • Gross: 1,620/SqFt
  • Garage: 440/SqFt
  • Living: 1,620/SqFt
  • Basement: 1,080/SqFt
  • Building: 1,080/SqFt
  • Garage Unfinished: 440/SqFt
  • Price Per Square Foot: $222.22

Legal Description

  • Description: LOT 285 (EX THE S 11.2 FT THOF ) LOT 286 (EX THE N 22.6 FT THOF) IN MASON PLACE ADDN A SUB IN THE W1/2 NE1/4 OF SEC 8, T35N-
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: 41.533516 / -88.10694
  • Subdivision: T A Masons
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 6040
  • Cooling: Central
  • Garage: Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

518 Cornelia St has 10 associated Taxes items

518 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 $108,044. The APN we've located for 518 Cornelia St is 30-07-08-221-003.

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Taxes
  • Assessed Value:  $108,044
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-08-221-003
  • Assessed Land Value:  20226
  • Market Land Value:  60678
  • Tax Amount:  8034.24
  • Tax Year:  2025
  • Market Value:  324132
  • Market Year:  2025

Tax History

518 Cornelia St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $108,044 Land Value $20,226 Improvement Value $87,818 Tax Amount $8,034.24 Change Rate Assessed CR Tax Rate +0.074361%
Year 2024 Assessed Value $98,851 Land Value $18,505 Improvement Value $80,346 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $87,829 Land Value $16,442 Improvement Value $71,387 Tax Amount $7,121.32 Change Rate +0.049893% Assessed CR Tax Rate +0.081082%
Year 2022 Assessed Value $79,447 Land Value $14,873 Improvement Value $64,574 Tax Amount $6,782.9 Change Rate +0.058264% Assessed CR Tax Rate +0.085376%
Year 2021 Assessed Value $74,201 Land Value $13,891 Improvement Value $60,310 Tax Amount $6,409.46 Change Rate +0.115014% Assessed CR Tax Rate +0.08638%
Year 2020 Assessed Value $67,224 Land Value $13,192 Improvement Value $54,032 Tax Amount $5,748.32 Change Rate +0.059208% Assessed CR Tax Rate +0.08551%
Year 2019 Assessed Value $62,476 Land Value $12,260 Improvement Value $50,216 Tax Amount $5,427 Change Rate +0.10914% Assessed CR Tax Rate +0.086865%
Year 2018 Assessed Value $55,105 Land Value $11,329 Improvement Value $43,776 Tax Amount $4,892.98 Change Rate +0.102653% Assessed CR Tax Rate +0.088794%
Year 2017 Assessed Value $48,959 Land Value $10,296 Improvement Value $38,663 Tax Amount $4,437.46 Change Rate +0.057006% Assessed CR Tax Rate +0.090636%
Year 2016 Assessed Value $45,060 Land Value $9,439 Improvement Value $35,621 Tax Amount $4,198.14 Change Rate Assessed CR Tax Rate +0.093168%
Year 2015 Assessed Value $42,250 Land Value $8,850 Improvement Value $33,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $42,050 Land Value $8,800 Improvement Value $33,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $44,213 Land Value $9,776 Improvement Value $34,437 Tax Amount $3,980.92 Change Rate Assessed CR Tax Rate +0.09004%