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12 Reedwood Dr

Joliet, IL 60436

2 bd 1 ba 848 sqft Built 1945 Lot 4,792 sqft single_family
Most recent sale
$173,500
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2025 Sold $222,900 MRED
May 8, 2025 Listed $214,900 MRED
Sep 15, 2022 Sold $173,500 MLS #11490071
Aug 12, 2022 Listed $165,000 MLS #11490071
Jun 1, 1987 Sold $45,000 Public Record
Sep 1, 1985 Sold $36,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $40,311 $10,014 $50,325 $4,074
2022 $34,002 $9,058 $43,060 $3,976
2021 $31,757 $8,460 $40,217 $3,779
2020 $30,159 $8,034 $38,193 $3,586
2019 $28,029 $7,467 $35,496 $3,411
2018 $25,162 $6,721 $31,883 $3,177
2017 $22,877 $6,111 $28,988 $2,994
2016 $20,799 $5,603 $26,402 $2,838
2015 $18,900 $5,300 $24,200 $2,686
2014 $18,800 $5,250 $24,050 $2,671
2013 $22,352 $5,846 $28,198 $2,938
2012 $24,008 $6,633 $30,641 $2,900
2011 $27,300 $7,900 $35,200 $2,955
2010 $30,580 $8,793 $39,373 $3,034
2009 $33,651 $9,020 $42,671 $3,031
2008 $33,651 $9,020 $42,671 $2,923
2007 $31,450 $8,430 $39,880 $2,757
2006 $29,050 $7,600 $36,650 $2,620

Property facts

Year built
1945
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
848 sqft
Lot size
4,792 sqft
ZIP code
60436
City
Joliet
Street
Reedwood Dr
Coordinates
41.52221, -88.11237

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
$1,526
Gross rental yield
10.55%
Implied cap rate
6.86%
Trend-extrapolated value

Frequently asked questions

When did 12 Reedwood Dr last sell?
12 Reedwood Dr most recently sold on Sep 15, 2022 for $173,500.
What is the current tax assessment for 12 Reedwood Dr?
The most recent total assessment for 12 Reedwood Dr (year 2024) is $50,325 with $4,074 in property tax.
How does 12 Reedwood Dr's assessment compare to its last sale price?
The current assessment is 71.0% below the last sale price of $173,500.
When was 12 Reedwood Dr built?
12 Reedwood Dr was built in 1945.
How does 12 Reedwood Dr compare to others on Reedwood Dr?
We track 8 other properties on Reedwood Dr. Browse the list under "Other properties on Reedwood Dr" to compare beds, baths, and sale history.
What are the property facts for 12 Reedwood Dr?
12 Reedwood Dr is a 2 bed, 1 bath, 848 sqft, 4,792 sqft lot single_family.
Is 12 Reedwood Dr a flip candidate?
No — 12 Reedwood Dr does not appear in our flips dataset.
Is 12 Reedwood Dr a tax-appeal candidate?
No — 12 Reedwood Dr 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
+1.5%
Implied 1-yr
+5.9%
2026 Q3
$286.5K
2026 Q4
$290.4K
ZIP 60436 — Median Price History + Forecast

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