
509 Buell Ave Joliet, IL 60435
Cathedral Area NeighborhoodEstimated payment $3,642/month
Highlights
- Very Popular Property
- Queen Anne Architecture
- Formal Dining Room
- Family Room with Fireplace
- Bonus Room
- 5-minute walk to Preservation Park
About This Home
This majestic Queen Anne, located in the premier Upper Bluff Historic District of the Cathedral Area is originally known as the John W. Downey Home. John Downey was a prominent lawyer in Joliet at the turn of the last century. The Downey family lived at 509 Buell Ave until 1991. The new owners of this historic gem will only be the 4th family to occupy this magnificent home. Ornate inside and out from modern fixtures to original, detailed plaster ceilings with phenomenal wood moldings and wood floors thru out, plus several beautiful stained glass windows. This home has been meticulously maintained and updated from top to bottom. Beauty and history is overflowing. Welcome to 1889. Enjoy your journey while viewing this listing, and schedule your private tour soon.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,394
Year Built
- Built in 1894 | Remodeled in 2025
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 65x237x50x234
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Queen Anne Architecture
Interior Spaces
- 3,240 Sq Ft Home
- 3-Story Property
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Formal Dining Room
- Bonus Room
- Basement Fills Entire Space Under The House
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Porch
Utilities
- Central Air
- Heating System Uses Natural Gas
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,394 | $127,970 | $18,293 | $109,677 |
2022 | $10,702 | $115,757 | $16,547 | $99,210 |
2021 | $9,596 | $108,113 | $15,454 | $92,659 |
2020 | $9,076 | $102,671 | $14,676 | $87,995 |
2019 | $8,593 | $95,419 | $13,639 | $81,780 |
2018 | $8,188 | $88,171 | $12,603 | $75,568 |
2017 | $7,661 | $80,162 | $11,458 | $68,704 |
2016 | $7,287 | $73,802 | $10,505 | $63,297 |
2015 | $6,980 | $69,200 | $9,850 | $59,350 |
2014 | $6,980 | $68,850 | $9,800 | $59,050 |
2013 | $6,980 | $72,067 | $10,906 | $61,161 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/29/2025 08/29/25 | For Sale | $495,000 | -- | $153 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Attorney | |
Warranty Deed | $372,500 | Ticor Title Insurance Compan |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $283,567 | New Conventional | |
Closed | $279,609 | FHA | |
Closed | $295,000 | New Conventional | |
Closed | $35,950 | Credit Line Revolving | |
Closed | $35,000 | Credit Line Revolving | |
Closed | $333,700 | Purchase Money Mortgage | |
Previous Owner | $160,000 | Credit Line Revolving | |
Previous Owner | $150,000 | Unknown | |
Previous Owner | $61,634 | Unknown |
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12454716

APN: 30-07-09-123-028
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