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614 Reed St

Joliet, IL 60435

3 bd 1 ba 969 sqft Built 1953 Lot 9,148 sqft single_family
Most recent sale
$165,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $165,000 MLS #11330905
May 20, 2022 Price changed $165,000 MLS #11330905
May 10, 2022 Price changed $188,000 MLS #11330905
Mar 8, 2022 Listed $190,900 MLS #11330905
Feb 10, 2000 Sold $71,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $42,702 $20,513 $63,215 $5,289
2022 $38,627 $18,555 $57,182 $5,280
2021 $36,076 $17,330 $53,406 $5,019
2020 $34,260 $16,458 $50,718 $4,762
2019 $31,840 $15,296 $47,136 $4,530
2018 $29,422 $14,134 $43,556 $4,340
2017 $25,237 $12,855 $38,092 $3,935
2016 $23,250 $11,785 $35,035 $3,766
2015 $21,800 $11,050 $32,850 $3,645
2014 $21,700 $11,000 $32,700 $3,631
2013 $22,450 $12,232 $34,682 $3,613
2012 $24,354 $13,860 $38,214 $3,617
2011 $26,450 $16,450 $42,900 $3,601
2010 $28,773 $17,879 $46,652 $3,595
2009 $32,344 $18,324 $50,668 $3,599
2008 $32,344 $18,324 $50,668 $3,471
2007 $31,100 $17,620 $48,720 $3,368
2006 $29,450 $15,850 $45,300 $3,238

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
969 sqft
Lot size
9,148 sqft
ZIP code
60435
City
Joliet
Street
Reed St
Coordinates
41.53496, -88.10931

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
$1,744
Gross rental yield
12.68%
Implied cap rate
8.24%
Trend-extrapolated value

Frequently asked questions

When did 614 Reed St last sell?
614 Reed St most recently sold on Jun 22, 2022 for $165,000.
What is the current tax assessment for 614 Reed St?
The most recent total assessment for 614 Reed St (year 2024) is $63,215 with $5,289 in property tax.
How does 614 Reed St's assessment compare to its last sale price?
The current assessment is 61.7% below the last sale price of $165,000.
When was 614 Reed St built?
614 Reed St was built in 1953.
How does 614 Reed St compare to others on Reed St?
We track 8 other properties on Reed St. Browse the list under "Other properties on Reed St" to compare beds, baths, and sale history.
What are the property facts for 614 Reed St?
614 Reed St is a 3 bed, 1 bath, 969 sqft, 9,148 sqft lot single_family.
Is 614 Reed St a flip candidate?
No — 614 Reed St does not appear in our flips dataset.
Is 614 Reed St a tax-appeal candidate?
No — 614 Reed 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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