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222 Madison St

Joliet, IL 60435

1 bd 1 ba 740 sqft Built 1978 condos
Most recent sale
$70,000
Nov 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 29, 2022 Sold $70,000 MRED
Oct 4, 2022 Listed $70,000 MRED
Sep 28, 1999 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $16,171 $3,900 $20,071 $551
2013 $9,137 $2,309 $11,446 $46
2012 $16,335 $2,822 $19,157 $784
2011 $17,800 $3,350 $21,150 $696
2010 $19,356 $3,596 $22,952 $638
2009 $19,812 $3,681 $23,493 $589
2008 $19,812 $3,681 $23,493 $602
2007 $19,050 $3,540 $22,590 $676
2006 $18,677 $3,188 $21,865 $700

Property facts

Year built
1978
Property type
condos
Stories
5
Beds
1
Baths
1
Living area
740 sqft
Lot size
ZIP code
60435
City
Joliet
Street
Madison St
Coordinates
41.52733, -88.13410

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
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 222 Madison St last sell?
222 Madison St most recently sold on Nov 29, 2022 for $70,000.
What is the current tax assessment for 222 Madison St?
The most recent total assessment for 222 Madison St (year 2024) is $20,071 with $551 in property tax.
How does 222 Madison St's assessment compare to its last sale price?
The current assessment is 71.3% below the last sale price of $70,000.
When was 222 Madison St built?
222 Madison St was built in 1978.
How does 222 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 222 Madison St?
222 Madison St is a 1 bed, 1 bath, 740 sqft condos.
Is 222 Madison St a flip candidate?
No — 222 Madison St does not appear in our flips dataset.
Is 222 Madison St a tax-appeal candidate?
No — 222 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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