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702 Reserve Ln; Joliet, IL Property Details

702 Reserve Ln, Joliet, IL is a Single Family. This property is currently a cash purchase and is not for sale. Our records show that 702 Reserve Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,820 square feet. The lot size of 702 Reserve Ln is 13,788 square feet.

Off market
702 Reserve Ln Joliet, IL 60431
$74,000 Listing Price
3 Beds
2 Baths
1,820 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Purchase Price: $74,000
  • Open Loans / Balance: 1 / $668,182
  • Est. Equity / %: $855,818 / 56.16%
  • Inv. Liens / Amount: 1 / $2,000
  • Gross Yield: 6.287%
  • APN: 05-06-11-108-004
  • Situs County: Will
  • Length Of Ownership: 8 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,820/SqFt
  • Lot: 13,788/SqFt
  • Price Per Square Foot: $40.66

Legal Description

  • Description: LOT 54 IN WOODEDCREEK SUB PHASE 1, A SUB OF PRT OF THE W 1/2 OF THE NW 1/4 OF SEC 11, T35N R9E.
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: 41.534645 / -88.17893
  • Subdivision: Woodedcreek
  • Property Class: Residential
  • County Use Code: R

HOA

  • H O A One: $349
  • H O A Amount: $349
  • H O A One Name: Woodedcreek Homeowners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

702 Reserve Ln has no associated ownership info
702 Reserve Ln has no associated ownership info.

Taxes

702 Reserve Ln has 10 associated Taxes items

702 Reserve Ln, 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 $295,208. The APN we've located for 702 Reserve Ln is 05-06-11-108-004.

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Taxes
  • Assessed Value:  $295,208
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  05-06-11-108-004
  • Assessed Land Value:  32327
  • Market Land Value:  96981
  • Tax Amount:  24464.1
  • Tax Year:  2025
  • Market Value:  885624
  • Market Year:  2025

Tax History

702 Reserve Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $295,208 Land Value $32,327 Improvement Value $262,881 Tax Amount $24,464.1 Change Rate Assessed CR Tax Rate +0.082871%
Year 2024 Assessed Value $272,458 Land Value $29,836 Improvement Value $242,622 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $244,796 Land Value $26,807 Improvement Value $217,989 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $24,159 Land Value $24,159 Improvement Value Tax Amount $2,242 Change Rate +0.061654% Assessed CR Tax Rate +0.092802%
Year 2021 Assessed Value $22,727 Land Value $22,727 Improvement Value Tax Amount $2,111.8 Change Rate -0.001315% Assessed CR Tax Rate +0.09292%
Year 2020 Assessed Value $22,727 Land Value $22,727 Improvement Value Tax Amount $2,114.58 Change Rate +0.027563% Assessed CR Tax Rate +0.093043%
Year 2019 Assessed Value $21,800 Land Value $21,800 Improvement Value Tax Amount $2,057.86 Change Rate -0.029568% Assessed CR Tax Rate +0.094397%
Year 2018 Assessed Value $21,800 Land Value $21,800 Improvement Value Tax Amount $2,120.56 Change Rate -0.019158% Assessed CR Tax Rate +0.097273%
Year 2017 Assessed Value $21,800 Land Value $21,800 Improvement Value Tax Amount $2,161.98 Change Rate -0.035666% Assessed CR Tax Rate +0.099173%
Year 2016 Assessed Value $21,800 Land Value $21,800 Improvement Value Tax Amount $2,241.94 Change Rate Assessed CR Tax Rate +0.102841%
Year 2015 Assessed Value $20,188 Land Value $20,188 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $20,188 Land Value $20,188 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $20,188 Land Value $20,188 Improvement Value Tax Amount $2,133.26 Change Rate Assessed CR Tax Rate +0.10567%