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18205 Farrell Rd

Joliet, IL 60432

3 bd 3 ba 2,200 sqft Built 1978 Lot 220,414 sqft single_family
Most recent sale
$592,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2022 Sold $592,000 MLS #11260576
Nov 2, 2021 Listed $599,900 MLS #11260576
Jan 9, 2017 Listing removed $589,000 MRED
Jul 8, 2016 Listed $589,000 MLS #09280982
Mar 9, 2016 Listing removed $589,000 MRED
Sep 21, 2015 Listed $589,000 MLS #09044017
Nov 2, 2007 Sold $405,000 Public Record
Jul 8, 2007 Listing removed $449,808 MRED
Mar 8, 2007 Listed $449,808 MLS #06433794
Mar 20, 2003 Sold $320,000 Public Record
Dec 2, 1998 Sold $270,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $114,300 $28,546 $142,846 $10,359
2022 $97,313 $24,088 $121,401 $9,494
2021 $92,393 $22,757 $115,150 $9,054
2020 $89,131 $21,846 $110,977 $9,065
2019 $85,886 $20,949 $106,835 $8,706
2018 $82,579 $20,626 $103,205 $8,500
2017 $80,267 $27,065 $107,332 $8,976
2016 $77,590 $26,162 $103,752 $8,771
2015 $74,678 $25,180 $99,858 $8,656
2014 $73,135 $24,660 $97,795 $8,210
2013 $73,135 $24,660 $97,795 $8,198
2012 $73,135 $28,345 $101,480 $7,983
2011 $77,209 $28,345 $105,554 $7,806
2010 $81,273 $28,345 $109,618 $7,524
2009 $83,443 $29,102 $112,545 $7,345
2008 $83,443 $29,102 $112,545 $7,298
2007 $80,103 $27,937 $108,040 $6,950
2006 $74,863 $26,109 $100,972 $6,678

Property facts

Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,200 sqft
Lot size
220,414 sqft
ZIP code
60432
City
Joliet
Street
Farrell Rd
Coordinates
41.55628, -88.02258

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,960
Gross rental yield
8.03%
Implied cap rate
5.22%
Trend-extrapolated value

Frequently asked questions

When did 18205 Farrell Rd last sell?
18205 Farrell Rd most recently sold on Apr 14, 2022 for $592,000.
What is the current tax assessment for 18205 Farrell Rd?
The most recent total assessment for 18205 Farrell Rd (year 2024) is $142,846 with $10,359 in property tax.
How does 18205 Farrell Rd's assessment compare to its last sale price?
The current assessment is 75.9% below the last sale price of $592,000.
When was 18205 Farrell Rd built?
18205 Farrell Rd was built in 1978.
How does 18205 Farrell Rd compare to others on Farrell Rd?
We track 7 other properties on Farrell Rd. Browse the list under "Other properties on Farrell Rd" to compare beds, baths, and sale history.
What are the property facts for 18205 Farrell Rd?
18205 Farrell Rd is a 3 bed, 3 bath, 2,200 sqft, 220,414 sqft lot single_family.
Is 18205 Farrell Rd a flip candidate?
No — 18205 Farrell Rd does not appear in our flips dataset.
Is 18205 Farrell Rd a tax-appeal candidate?
No — 18205 Farrell Rd 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
+6.8%
Implied 1-yr
+27.1%
2026 Q3
$331.3K
2026 Q4
$346.9K
ZIP 60432 — Median Price History + Forecast

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