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22842 W Lorraine Ave; Plainfield, IL Property Details

22842 W Lorraine Ave, Plainfield, IL is a Single Family that was built in 1963. This property is currently Financed and is not for sale. Our records show that 22842 W Lorraine Ave has a total of 2,288 square feet. The lot size of 22842 W Lorraine Ave is 15,333 square feet.

Off market
22842 W Lorraine Ave Plainfield, IL 60586
$115,012 Estimated Value
2,288 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1963
  • Purchase Price: $173,500
  • Open Loans / Balance: 1 / $25,017
  • Est. Equity / %: $366,983 / 93.62%
  • Gross Yield: 9.542%
  • APN: 06-03-23-304-017
  • Situs County: Will
  • Length Of Ownership: 27 years, 8 months

Measurements

  • Total: 2,288/SqFt
  • Lot: 15,333/SqFt
  • Garage: 440/SqFt
  • Living: 2,288/SqFt
  • Building: 2,728/SqFt
  • Garage Unfinished: 440/SqFt
  • Price Per Square Foot: $75.83

Legal Description

  • Description: LOT 14 IN FRANKLIN HEIGHTS UNIT 3, A SUB OF PRT OF THE E1/2 SW1/4 OF SEC 23, T36N-R9E.
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Plainfield School District 202
  • Lat / Lon: 41.582222 / -88.173584
  • Subdivision: Franklin Heights Unit #3
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 9090
  • Cooling: Central
  • Garage: Attached Garage

Ownership Info

22842 W Lorraine Ave has no associated ownership info
22842 W Lorraine Ave has no associated ownership info.

Taxes

22842 W Lorraine Ave has 10 associated Taxes items

22842 W Lorraine Ave, Plainfield, 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 $115,012. The APN we've located for 22842 W Lorraine Ave is 06-03-23-304-017.

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Taxes
  • Assessed Value:  $115,012
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  06-03-23-304-017
  • Assessed Land Value:  28855
  • Market Land Value:  86565
  • Tax Amount:  6524.6
  • Tax Year:  2025
  • Market Value:  345036
  • Market Year:  2025

Tax History

22842 W Lorraine Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $115,012 Land Value $28,855 Improvement Value $86,157 Tax Amount $6,524.6 Change Rate Assessed CR Tax Rate +0.05673%
Year 2024 Assessed Value $106,051 Land Value $26,607 Improvement Value $79,444 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $95,783 Land Value $24,031 Improvement Value $71,752 Tax Amount $5,918.62 Change Rate +0.031154% Assessed CR Tax Rate +0.061792%
Year 2022 Assessed Value $86,026 Land Value $21,583 Improvement Value $64,443 Tax Amount $5,739.8 Change Rate +0.597024% Assessed CR Tax Rate +0.066722%
Year 2021 Assessed Value $80,398 Land Value $20,171 Improvement Value $60,227 Tax Amount $3,594.06 Change Rate -0.016851% Assessed CR Tax Rate +0.044703%
Year 2020 Assessed Value $78,117 Land Value $19,599 Improvement Value $58,518 Tax Amount $3,655.66 Change Rate -0.01591% Assessed CR Tax Rate +0.046797%
Year 2019 Assessed Value $74,433 Land Value $18,675 Improvement Value $55,758 Tax Amount $3,714.76 Change Rate -0.021324% Assessed CR Tax Rate +0.049907%
Year 2018 Assessed Value $69,934 Land Value $17,546 Improvement Value $52,388 Tax Amount $3,795.7 Change Rate -0.023689% Assessed CR Tax Rate +0.054275%
Year 2017 Assessed Value $66,458 Land Value $16,674 Improvement Value $49,784 Tax Amount $3,887.8 Change Rate -0.026527% Assessed CR Tax Rate +0.0585%
Year 2016 Assessed Value $63,384 Land Value $15,903 Improvement Value $47,481 Tax Amount $3,993.74 Change Rate Assessed CR Tax Rate +0.063009%
Year 2015 Assessed Value $59,376 Land Value $14,897 Improvement Value $44,479 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $57,280 Land Value $14,371 Improvement Value $42,909 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $57,280 Land Value $14,371 Improvement Value $42,909 Tax Amount $4,219.02 Change Rate Assessed CR Tax Rate +0.073656%