NOT LISTED FOR SALE

1501 E Washington St Joliet, IL 60433

Southeast Joliet Neighborhood

Estimated Value: $87,000 - $320,417

5 Beds
5 Baths
-- Sq Ft
1.76 Acres

Last Sold August 17, 2021

Last sale price $275,000

Est. 29% decrease in value since last sale

Current estimated payment $1,189/month

4 Days on Market

Highlights

  • 1.76 Acre Lot
  • Porch
  • Heating System Uses Steam
  • Victorian Architecture
  • Shed
  • Senior Tax Exemptions

About This Home

As of August 2021

Beautifully maintained building! Annual income $44,400 with an opportunity for more. This is an owner occupied building. Beautiful original woodwork throughout. Main floor unit 1 is a 2 bedroom, units 2-4 are 1 bdrms. Note: Unit 1 rent is estimated and will be vacated by closing.. perfect to move right into and rent out the others, paying your mortgage. Full basement features additional storage, bathroom and washer/dryer hookups. 20x30 building out back was the original home now used as a shop but could be rented as a shop, storage, etc for additional income. Shed off to the side houses grounds keeping supplies. Ample parking with 9 spaces. Located on nearly 2 acres.. old plank trail is just behind this property. License renewed in 2020 which is transferable and good for 6 yrs. Windows 3-5 years old, Roof 2011.. This one is a must see! Call for more details or book your showing today!

Last Agent to Sell the Property

Kelly Winterroth

McColly Bennett Real Estate License #475123080 Listed on: 06/12/2021

McColly Bennett Real Estate

Last Buyer's Agent

Deborah Pettenuzzo

RE/MAX Ultimate Professionals License #475124754

RE/MAX Ultimate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,715

Year Built

  • Built in 1893

Lot Details

  • 1.76 Acre Lot
  • Additional Parcels

Home Design

  • Victorian Architecture

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 11 Parking Spaces
  • Uncovered Parking
  • Visitor Parking
  • Parking Lot
  • Parking Space is Owned

Outdoor Features

  • Shed
  • Outbuilding
  • Porch

Schools

  • T E Culbertson Elementary School
  • Thompson Instructional Center Middle School
  • Joliet Twp High School - Altern

Utilities

  • Heating System Uses Steam

Community Details

  • 4 Units
  • Water Sewer Expense $2,376

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,715

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 259900
  • OtherStructures: Outbuilding, Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking Features: Visitor Parking, Parking Lot
  • ParkingTotal: 11
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 2376

Schools

  • Elementary School: T E Culbertson Elementary School
  • High School: Joliet Twp High School - Altern
  • Middle/Junior School: Thompson Instructional Center
  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 1.76
  • Lot Dimensions: 1.76
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 6715.02
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Other

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Keto Jodi M $9,106
Closed Titre John P $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $275,000 +5.8% --
06/17/2021 06/17/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $259,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,775 $18,825 $14,113 $4,712
2022 $1,679 $17,028 $12,766 $4,262
2021 $1,495 $15,904 $11,923 $3,981
2020 $1,418 $15,104 $11,323 $3,781
2019 $1,349 $14,037 $10,523 $3,514
2018 $1,292 $12,971 $9,724 $3,247
2017 $1,218 $11,793 $8,841 $2,952
2016 $1,163 $10,825 $8,105 $2,720
2015 $1,124 $10,150 $7,600 $2,550
2014 $1,124 $10,120 $7,565 $2,555
2013 $1,124 $10,120 $7,565 $2,555
Source: Public Records

Agents Affiliated with this Home

  • Kelly Winterroth

    Seller's Agent in 2021

    Kelly Winterroth

    McColly Bennett Real Estate

    (815) 549-0848

    1 in this area

    471 Total Sales

    Kelly Winterroth
    Section Image
  • Deborah Pettenuzzo

    Buyer's Agent in 2021

    Deborah Pettenuzzo

    RE/MAX

    (815) 919-6295

    1 in this area

    33 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11121251

Midwest Real Estate Data (MRED)

APN: 07-14-201-013

Illinois Will County Joliet 60433 Southeast Joliet

1501 E Washington St, Joliet, IL

This home is located at 1501 E Washington St, Joliet, IL 60433 since 12 June 2021 and is currently estimated at $196,104. This property was built in 1893. 1501 E Washington St is a home located in Will County with nearby schools including T.E. Culbertson Elementary School, Washington Jr. High School and Academy, and Joliet Central High School.

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