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611 Reserve Ln

Joliet, IL 60431

4 bd 5 ba 2,983 sqft Built 2001 Lot 11,326 sqft single_family
Most recent sale
$450,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $450,000 MLS #11471193
Jul 21, 2022 Listed $450,000 MLS #11471193
Nov 10, 2008 Sold $280,000 Public Record
Jul 16, 2008 Listing removed $450,900 MRED
Sep 5, 2007 Listed $450,900 MLS #06662373
Jun 9, 2006 Sold $495,000 Public Record
Mar 16, 2005 Sold $401,000 Public Record
Nov 25, 2002 Sold $352,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $126,981 $28,416 $155,397 $12,941
2022 $98,073 $24,159 $122,232 $10,787
2021 $92,261 $22,727 $114,988 $10,127
2020 $92,261 $22,727 $114,988 $10,140
2019 $88,500 $21,800 $110,300 $9,846
2018 $81,400 $21,800 $103,200 $9,455
2017 $79,600 $21,800 $101,400 $9,461
2016 $79,600 $21,800 $101,400 $9,811
2015 $75,350 $20,188 $95,538 $9,378
2014 $71,915 $20,188 $92,103 $9,098
2013 $71,915 $20,188 $92,103 $8,669
2012 $75,858 $23,594 $99,452 $8,914
2011 $89,673 $27,877 $117,550 $9,411
2010 $99,153 $32,357 $131,510 $10,168
2009 $101,435 $33,102 $134,537 $10,010
2008 $101,435 $33,102 $134,537 $9,773
2007 $95,895 $32,393 $128,288 $9,406
2006 $98,033 $27,944 $125,977 $9,345

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
2,983 sqft
Lot size
11,326 sqft
ZIP code
60431
City
Joliet
Street
Reserve Ln
Coordinates
41.53371, -88.17949

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
$5,369
Gross rental yield
14.32%
Implied cap rate
9.31%
Trend-extrapolated value

Frequently asked questions

When did 611 Reserve Ln last sell?
611 Reserve Ln most recently sold on Sep 9, 2022 for $450,000.
What is the current tax assessment for 611 Reserve Ln?
The most recent total assessment for 611 Reserve Ln (year 2024) is $155,397 with $12,941 in property tax.
How does 611 Reserve Ln's assessment compare to its last sale price?
The current assessment is 65.5% below the last sale price of $450,000.
When was 611 Reserve Ln built?
611 Reserve Ln was built in 2001.
How does 611 Reserve Ln compare to others on Reserve Ln?
We track 8 other properties on Reserve Ln. Browse the list under "Other properties on Reserve Ln" to compare beds, baths, and sale history.
What are the property facts for 611 Reserve Ln?
611 Reserve Ln is a 4 bed, 5 bath, 2,983 sqft, 11,326 sqft lot single_family.
Is 611 Reserve Ln a flip candidate?
No — 611 Reserve Ln does not appear in our flips dataset.
Is 611 Reserve Ln a tax-appeal candidate?
No — 611 Reserve Ln 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
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$600.1K
2026 Q4
$622.8K
ZIP 60431 — Median Price History + Forecast

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