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3048 Covered Bridge Way

Joliet, IL 60435

2 bd 2 ba 1,628 sqft Built 2003 multi_family
Most recent sale
$303,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $303,000 MLS #11369567
Apr 8, 2022 Listed $280,000 MLS #11369567
Mar 19, 2003 Sold $216,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $82,418 $16,229 $98,647 $7,256
2022 $74,192 $13,797 $87,989 $7,145
2021 $69,795 $12,979 $82,774 $6,669
2020 $69,795 $12,979 $82,774 $6,678
2019 $66,950 $12,450 $79,400 $6,457
2018 $66,050 $12,450 $78,500 $6,566
2017 $62,150 $12,450 $74,600 $6,307
2016 $57,750 $12,450 $70,200 $6,088
2015 $56,450 $11,163 $67,613 $5,929
2014 $53,295 $11,163 $64,458 $5,649
2013 $53,295 $11,163 $64,458 $5,382
2012 $58,475 $13,078 $71,553 $5,871
2011 $63,511 $13,913 $77,424 $5,688
2010 $59,327 $22,448 $81,775 $5,815
2009 $60,693 $22,965 $83,658 $5,736
2008 $60,693 $22,965 $83,658 $5,616
2007 $59,392 $22,473 $81,865 $5,597
2006 $67,854 $15,404 $83,258 $5,774

Property facts

Year built
2003
Property type
multi_family
Stories
1
Beds
2
Baths
2
Living area
1,628 sqft
Lot size
ZIP code
60435
City
Joliet
Street
Covered Bridge Way
Coordinates
41.54896, -88.15576

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,930
Gross rental yield
11.60%
Implied cap rate
7.54%
Trend-extrapolated value

Frequently asked questions

When did 3048 Covered Bridge Way last sell?
3048 Covered Bridge Way most recently sold on May 13, 2022 for $303,000.
What is the current tax assessment for 3048 Covered Bridge Way?
The most recent total assessment for 3048 Covered Bridge Way (year 2024) is $98,647 with $7,256 in property tax.
How does 3048 Covered Bridge Way's assessment compare to its last sale price?
The current assessment is 67.4% below the last sale price of $303,000.
When was 3048 Covered Bridge Way built?
3048 Covered Bridge Way was built in 2003.
How does 3048 Covered Bridge Way compare to others on Covered Bridge Way?
We track 8 other properties on Covered Bridge Way. Browse the list under "Other properties on Covered Bridge Way" to compare beds, baths, and sale history.
What are the property facts for 3048 Covered Bridge Way?
3048 Covered Bridge Way is a 2 bed, 2 bath, 1,628 sqft multi_family.
Is 3048 Covered Bridge Way a flip candidate?
No — 3048 Covered Bridge Way does not appear in our flips dataset.
Is 3048 Covered Bridge Way a tax-appeal candidate?
No — 3048 Covered Bridge Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$273K
2026 Q4
$276K
ZIP 60435 — Median Price History + Forecast

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