Large Location Icon

518 Krakar Ave; Joliet, IL Property Details

518 Krakar Ave, Joliet, IL is a Single Family that was built in 1918. This property is currently Financed and is not for sale. Our records show that 518 Krakar Ave has 4 bedrooms, and 1 bathroom, and a total of 1,113 square feet. The lot size of 518 Krakar Ave is 6,486 square feet.

Off market
518 Krakar Ave Joliet, IL 60432
$73,648 Estimated Value
4 Beds
1 Baths
1,113 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1918
  • Purchase Price: $115,000
  • Est. Equity / %: $229,000 / 100%
  • Gross Yield: 8.877%
  • APN: 30-07-11-217-011
  • Situs County: Will
  • Length Of Ownership: 21 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 1,113/SqFt
  • Lot: 6,486/SqFt
  • Gross: 2,953/SqFt
  • Living: 2,953/SqFt
  • Basement: 1,737/SqFt
  • Building: 1,113/SqFt
  • Price Per Square Foot: $103.32

Legal Description

  • Description: LOT 11 IN THE SUB BY MERRITT O CAGWIN OF BLK 6 OF THE SUB BY THE HEIRS OF A CAGWIN, DECEASED, OF THE E1/2 NE1/4 OF SEC 11, T3
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: 41.535133 / -88.04685
  • Subdivision: Heirs
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2024
  • Cooling: Central
  • Heating: Yes

Ownership Info

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

Taxes

518 Krakar Ave has 10 associated Taxes items

518 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 $73,648. The APN we've located for 518 Krakar Ave is 30-07-11-217-011.

Unlock the full report
Taxes
  • Assessed Value:  $73,648
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-11-217-011
  • Assessed Land Value:  8659
  • Market Land Value:  25977
  • Tax Amount:  5168.14
  • Tax Year:  2025
  • Market Value:  220944
  • Market Year:  2025

Tax History

518 Krakar Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $73,648 Land Value $8,659 Improvement Value $64,989 Tax Amount $5,168.14 Change Rate Assessed CR Tax Rate +0.070174%
Year 2024 Assessed Value $67,381 Land Value $7,922 Improvement Value $59,459 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $59,868 Land Value $7,039 Improvement Value $52,829 Tax Amount $4,649.82 Change Rate +0.048225% Assessed CR Tax Rate +0.077668%
Year 2022 Assessed Value $54,154 Land Value $6,367 Improvement Value $47,787 Tax Amount $4,435.9 Change Rate +0.060373% Assessed CR Tax Rate +0.081913%
Year 2021 Assessed Value $50,579 Land Value $5,947 Improvement Value $44,632 Tax Amount $4,183.34 Change Rate +0.054365% Assessed CR Tax Rate +0.082709%
Year 2020 Assessed Value $48,034 Land Value $5,648 Improvement Value $42,386 Tax Amount $3,967.64 Change Rate +0.075976% Assessed CR Tax Rate +0.082601%
Year 2019 Assessed Value $44,641 Land Value $5,249 Improvement Value $39,392 Tax Amount $3,687.48 Change Rate +0.091481% Assessed CR Tax Rate +0.082603%
Year 2018 Assessed Value $40,049 Land Value $4,722 Improvement Value $35,327 Tax Amount $3,378.42 Change Rate +0.061902% Assessed CR Tax Rate +0.084357%
Year 2017 Assessed Value $36,411 Land Value $4,293 Improvement Value $32,118 Tax Amount $3,181.48 Change Rate +0.076242% Assessed CR Tax Rate +0.087377%
Year 2016 Assessed Value $33,115 Land Value $3,946 Improvement Value $29,169 Tax Amount $2,956.1 Change Rate Assessed CR Tax Rate +0.089268%
Year 2015 Assessed Value $31,050 Land Value $3,700 Improvement Value $27,350 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $30,900 Land Value $3,700 Improvement Value $27,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $33,406 Land Value $4,127 Improvement Value $29,279 Tax Amount $3,435 Change Rate Assessed CR Tax Rate +0.102826%