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1408 Prairie Ave

Joliet, IL 60435

4 bd 2 ba 2,289 sqft Built 1925 single_family
Most recent sale
$188,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $188,000 MLS #11477693
Aug 30, 2022 Price changed $205,000 MLS #11477693
Aug 9, 2022 Price changed $219,500 MLS #11477693
Jul 29, 2022 Listed $224,999 MLS #11477693
Jun 27, 2014 Sold $60,000 MLS #08523152
Apr 23, 2014 Price changed $59,900 MLS #08523152
Apr 11, 2014 Relisted $69,900 MLS #08523152
Feb 21, 2014 Listing removed $69,900 MRED
Jan 24, 2014 Listed $69,900 MLS #08523152
Jan 17, 2003 Sold $125,000 Public Record
May 17, 1999 Sold $110,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $83,144 $11,435 $94,579 $7,251
2022 $66,823 $9,190 $76,013 $7,019
2021 $62,411 $8,583 $70,994 $6,671
2020 $59,270 $8,151 $67,421 $6,330
2019 $55,084 $7,575 $62,659 $6,021
2018 $49,435 $6,776 $56,211 $5,601
2017 $44,945 $6,161 $51,106 $5,279
2016 $41,389 $5,654 $47,043 $5,056
2015 $37,000 $5,350 $42,350 $4,700
2014 $36,800 $5,300 $42,100 $4,675
2013 $37,630 $5,895 $43,525 $3,909
2012 $41,382 $6,683 $48,065 $3,982
2011 $45,950 $7,950 $53,900 $4,021
2010 $49,925 $8,646 $58,571 $4,051
2009 $54,944 $8,859 $63,803 $4,106
2008 $54,944 $8,859 $63,803 $3,994
2007 $51,350 $8,280 $59,630 $3,776
2006 $44,400 $7,450 $51,850 $3,349

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,289 sqft
Lot size
ZIP code
60435
City
Joliet
Street
Prairie Ave
Coordinates
41.54923, -88.10257

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
$1,128
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1408 Prairie Ave last sell?
1408 Prairie Ave most recently sold on Oct 14, 2022 for $188,000.
What is the current tax assessment for 1408 Prairie Ave?
The most recent total assessment for 1408 Prairie Ave (year 2024) is $94,579 with $7,251 in property tax.
How does 1408 Prairie Ave's assessment compare to its last sale price?
The current assessment is 49.7% below the last sale price of $188,000.
When was 1408 Prairie Ave built?
1408 Prairie Ave was built in 1925.
How does 1408 Prairie Ave compare to others on Prairie Ave?
We track 8 other properties on Prairie Ave. Browse the list under "Other properties on Prairie Ave" to compare beds, baths, and sale history.
What are the property facts for 1408 Prairie Ave?
1408 Prairie Ave is a 4 bed, 2 bath, 2,289 sqft single_family.
Is 1408 Prairie Ave a flip candidate?
No — 1408 Prairie Ave does not appear in our flips dataset.
Is 1408 Prairie Ave a tax-appeal candidate?
No — 1408 Prairie Ave 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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