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214 Madison St

Joliet, IL 60435

2 bd 1 ba 885 sqft Built 1980 condos
Most recent sale
$92,000
Oct 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 26, 2022 Sold $92,000 MRED
Oct 7, 2022 Price changed $90,000 MRED
Oct 6, 2022 Listed $82,000 MRED
Oct 16, 2003 Sold $70,000 Public Record
May 3, 1996 Sold $56,000 Public Record
Oct 26, 1993 Sold $55,500 Public Record
Jan 21, 1992 Sold $53,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $30,579 $6,792 $37,371 $3,130
2022 $24,576 $5,459 $30,035 $2,773
2021 $22,953 $5,099 $28,052 $2,636
2020 $21,798 $4,842 $26,640 $2,501
2019 $20,258 $4,500 $24,758 $2,379
2018 $18,719 $4,158 $22,877 $2,279
2017 $17,019 $3,780 $20,799 $2,148
2016 $15,678 $3,466 $19,144 $2,057
2015 $14,700 $3,250 $17,950 $1,991
2014 $14,650 $3,250 $17,900 $1,987
2013 $15,425 $3,586 $19,011 $1,980
2012 $17,375 $4,653 $22,028 $2,085
2011 $18,950 $5,500 $24,450 $2,052
2010 $20,626 $6,259 $26,885 $1,609
2009 $21,112 $6,406 $27,518 $1,528
2008 $21,112 $6,406 $27,518 $1,508
2007 $20,300 $6,160 $26,460 $1,483
2006 $19,911 $5,550 $25,461 $1,462

Property facts

Year built
1980
Property type
condos
Stories
3
Beds
2
Baths
1
Living area
885 sqft
Lot size
ZIP code
60435
City
Joliet
Street
Madison St
Coordinates
41.52622, -88.13419

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
$552
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 214 Madison St last sell?
214 Madison St most recently sold on Oct 26, 2022 for $92,000.
What is the current tax assessment for 214 Madison St?
The most recent total assessment for 214 Madison St (year 2024) is $37,371 with $3,130 in property tax.
How does 214 Madison St's assessment compare to its last sale price?
The current assessment is 59.4% below the last sale price of $92,000.
When was 214 Madison St built?
214 Madison St was built in 1980.
How does 214 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 214 Madison St?
214 Madison St is a 2 bed, 1 bath, 885 sqft condos.
Is 214 Madison St a flip candidate?
No — 214 Madison St does not appear in our flips dataset.
Is 214 Madison St a tax-appeal candidate?
No — 214 Madison St 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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