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702 Madison St

Joliet, IL 60435

3 bd 2 ba 1,938 sqft Built 1971 Lot 9,148 sqft single_family
Most recent sale
$279,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $279,000 MLS #11331100
Mar 17, 2022 Listed $270,000 MLS #11331100
Feb 18, 2022 Sold $155,000 Public Record
Nov 5, 2009 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $74,051 $21,217 $95,268 $7,309
2022 $57,254 $17,052 $74,306 $6,308
2021 $53,473 $15,926 $69,399 $5,958
2020 $50,782 $15,124 $65,906 $5,667
2019 $47,195 $14,056 $61,251 $5,309
2018 $43,610 $12,988 $56,598 $5,042
2017 $39,649 $11,808 $51,457 $4,695
2016 $36,528 $10,825 $47,353 $4,445
2015 $34,250 $10,150 $44,400 $4,261
2014 $34,100 $10,100 $44,200 $4,242
2013 $35,321 $11,250 $46,571 $4,227
2012 $38,462 $12,722 $51,184 $4,277
2011 $41,850 $15,100 $56,950 $4,277
2010 $45,431 $16,462 $61,893 $4,307
2009 $50,024 $16,858 $66,882 $4,041
2008 $50,024 $16,858 $66,882 $3,931
2007 $48,100 $16,210 $64,310 $3,858
2006 $44,550 $14,600 $59,150 $3,621

Property facts

Year built
1971
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,938 sqft
Lot size
9,148 sqft
ZIP code
60435
City
Joliet
Street
Madison St
Coordinates
41.53559, -88.13463

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,674
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 702 Madison St last sell?
702 Madison St most recently sold on Apr 29, 2022 for $279,000.
What is the current tax assessment for 702 Madison St?
The most recent total assessment for 702 Madison St (year 2024) is $95,268 with $7,309 in property tax.
How does 702 Madison St's assessment compare to its last sale price?
The current assessment is 65.9% below the last sale price of $279,000.
When was 702 Madison St built?
702 Madison St was built in 1971.
How does 702 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 702 Madison St?
702 Madison St is a 3 bed, 2 bath, 1,938 sqft, 9,148 sqft lot single_family.
Is 702 Madison St a flip candidate?
Yes — 702 Madison St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 702 Madison St a tax-appeal candidate?
No — 702 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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