Calling all investors and renovators! This property is a prime opportunity for those with a vision. With an estimated ARV of $199,000-$210,000 for a 3-bedroom, 1-bathroom layout, this home is brimming with potential. The owner encourages you to bring your design ideas and creativity to transform this property into a lucrative investment. As we enter the spring market, now is the perfect time to embark on new projects with promising after repair values. The seller is motivated for a quick sale and welcomes all offers. Don't miss out on this chance to turn this diamond in the rough into a gem! Room dimensions are estimates.
Closed
$64,000
506 Water St, Joliet, IL 60436
3beds
924sqft
Single Family Residence
Built in 1870
7,961 Square Feet Lot
$139,600 Zestimate®
$69/sqft
$1,636 Estimated rent
Home value
$139,600
$103,000 - $177,000
$1,636/mo
Zestimate® history
Owner options
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$1,636/mo
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$1,636/mo
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$386/mo
Est. payment
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$386/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Crystal Smith 872-222-5767,
Kale Realty
Bought with:
Anna S Chacon
Charles Rutenberg Realty of IL
Source: MRED as distributed by MLS GRID,MLS#: 12032151
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Dining room
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10X8
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Laundry
- Level: Lower
- Area: 25 Square Feet
- Dimensions: 5X5
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Heating
- Natural Gas
Cooling
- None
Features
- Basement: Unfinished,Full,Daylight
Interior area
- Total structure area: 0
- Total interior livable area: 924 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Site, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 7,961 sqft
Details
- Parcel number: 3007164150030000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Joliet
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2024 | Listing removed | -- |
Source:  MRED as distributed by MLS GRID #12109996 Report a problem | ||
| 7/13/2024 | Listed for sale | $80,000+25%$87/sqft |
Source: MRED as distributed by MLS GRID #12109996 Report a problem | ||
| 5/17/2024 | Sold | $64,000-7.2%$69/sqft |
Source: MRED as distributed by MLS GRID #12032151 Report a problem | ||
| 4/21/2024 | Pending sale | $69,000$75/sqft |
Source: MRED as distributed by MLS GRID #12032151 Report a problem | ||
| 4/18/2024 | Listed for sale | $69,000+711.8%$75/sqft |
Source: MRED as distributed by MLS GRID #12032151 Report a problem | ||
| 3/13/2013 | Sold | $8,500$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,585 +5.7% | $30,861 +12.5% |
| 2023 | $2,446 +6.8% | $27,420 +10.5% |
| 2022 | $2,291 +5.2% | $24,804 +7.1% |
| 2021 | $2,177 +10.8% | $23,166 +10.7% |
| 2020 | $1,964 +5.1% | $20,919 +7.6% |
| 2019 | $1,868 +4.4% | $19,441 +8.2% |
| 2018 | $1,790 +6.1% | $17,964 +10% |
| 2017 | $1,687 +4.4% | $16,332 +8.6% |
| 2016 | $1,616 +3.6% | $15,038 +6.7% |
| 2015 | $1,560 | $14,100 +0.4% |
| 2014 | $1,560 +19.3% | $14,050 -4.4% |
| 2013 | $1,308 +440.5% | $14,689 -8.4% |
| 2012 | $242 +12.8% | $16,038 -12.8% |
| 2011 | $215 +8.9% | $18,400 -12.5% |
| 2010 | $197 +8.5% | $21,039 -7.4% |
| 2009 | $182 -13.3% | $22,716 |
| 2008 | $209 | $22,716 +7% |
| 2007 | -- | $21,230 +19.3% |
| 2006 | $290 -13.7% | $17,800 +14.1% |
| 2005 | $336 -2.8% | $15,596 +3.1% |
| 2004 | $346 -49.9% | $15,121 +4.1% |
| 2003 | $690 +25% | $14,530 +15.7% |
| 2002 | $552 +10.4% | $12,557 +4% |
| 2001 | $500 +5.7% | $12,077 +2% |
| 2000 | $473 | $11,840 |
Find assessor info on the county website
Neighborhood: Southside
Nearby schools
GreatSchools rating
- 2/10Edna Keith Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Washington Jr High & Academy PrgmGrades: 6-8Distance: 0.7 mi
- 5/10Joliet West High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- District: 86
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$139,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$139,600
- Illinois
- Will County
- Joliet
- 60436
- Southside
- 506 Water St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Joliet Topics
