Sold964d on marketHistoric · 106 yrs
501 Wheeler Ave
Joliet, IL, 60436 • Reedwood • Will County
$240,000
$156/sqft
4Beds
2Baths
1,536Sqft
0.13 acLot
1920Built
Property DNA
Character Home
Built 1920 · 106 years of history
1-Car Garage
Garage Owned · Detached · Garage
This home is in high demand
Listed 964 days ago · 4 views · Top 5% likely to sell soon
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
964 days on market
Established listing
$156/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 5% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1920 · Historic
Welcome to your next home! This home has it all - lots of space including 4 bedrooms, a large family room, updated kitchen, large fenced in backyard on a corner lot. Brand new flooring throughout. Kitchen has stainless steel appliances, brand new countertops, and plenty of storage space. Living room complete with lots of windows and plenty of natural light. Upstairs has 3 bedrooms and an updated bathroom. The main floor has an additional bedroom and full bathroom. Finishing the house is a beautiful backyard and 1 car garage. Located on a corner lot close to I-80 highway and Jefferson Street.
Standout features identified
Our analysis highlights lots of windows, large fenced in backyard, and brand new flooring throughout as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,581/month
Principal & Interest$1,261
Property Tax$240
Insurance$80
Down payment20% ($48,000)
3%50%
Est. 6.88% rate · 30yr fixed · $192,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1920
HeatingNatural Gas
CoolingCentral Air
Parking1 Garage space
Lot5,633 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1920
Stories2
Systems
HeatingNatural Gas
CoolingCentral Air
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage Owned, Detached, Garage
Garage1 spaces
BasementCrawl Space
Lot5,633 sqft
Location & Tax
NeighborhoodReedwood
Annual tax$2,474
Parcel3007174070090000
Bathrooms & Fees
Full baths2
Features & details
5 categories of property features
Interior Features
Heating
Natural Gas
Cooling
Central Air
Accessibility
No Disability Access
Exterior Features
Parking
Garage Owned
Detached
Garage
Construction
Vinyl Siding
Room details
19 rooms detailed
Master Bedroom
Second11×10 ft110 sqft
Bedroom2
Second10×10 ft100 sqft
Bedroom3
Second10×10 ft100 sqft
Bedroom4
Main10×10 ft100 sqft
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market964
Est. value$266,800
Est. rent$2,267/mo
Tax rate2.17%
Price/sqft$156
On marketJun 28, 2023
PostedJun 28, 2023
Last sold$240,000
MLS statusClosed
MLS updatedAug 20, 2023
Tour days6
Views4
How are the schools in Joliet?
3 schools rated nearby
Location
Joliet, IL, 60436
Price history
10 events
DateEventPrice$/sqftSource
Aug 18, 2023Sold$240,000$156MRED as distributed by MLS GRID
Jul 19, 2023Contingent$250,000$163MRED as distributed by MLS GRID
Jul 9, 2023Price Change$250,000$163MRED as distributed by MLS GRID
Jun 28, 2023Listed For Sale$255,000$166MRED as distributed by MLS GRID
Jun 25, 2023Listing Removed——MRED as distributed by MLS GRID
Jun 23, 2023Listed For Sale$260,000$169MRED as distributed by MLS GRID
May 23, 2023Contingent$255,000$166MRED as distributed by MLS GRID
May 18, 2023Listed For Sale$255,000$166MRED as distributed by MLS GRID
Jan 26, 2023Sold$95,000$62MRED as distributed by MLS GRID
Apr 6, 2005Sold$55,000$36Public Record
Sold$240,000
Aug 18, 2023•$156/sqft•MRED as distributed by MLS GRID
Contingent$250,000
Jul 19, 2023•$163/sqft•MRED as distributed by MLS GRID
Price Change$250,000
Jul 9, 2023•$163/sqft•MRED as distributed by MLS GRID
Listed For Sale$255,000
Jun 28, 2023•$166/sqft•MRED as distributed by MLS GRID
Listing Removed—
Jun 25, 2023•MRED as distributed by MLS GRID
Listed For Sale$260,000
Jun 23, 2023•$169/sqft•MRED as distributed by MLS GRID
Contingent$255,000
May 23, 2023•$166/sqft•MRED as distributed by MLS GRID
Listed For Sale$255,000
May 18, 2023•$166/sqft•MRED as distributed by MLS GRID
Sold$95,000
Jan 26, 2023•$62/sqft•MRED as distributed by MLS GRID
Sold$55,000
Apr 6, 2005•$36/sqft•Public Record
Tax history
24 years of records
YearTax paidAssessed value
Apr 9, 2023$4,836$54,208
Apr 9, 2022$2,518$27,260
Apr 9, 2021$2,474$45,797
Apr 9, 2020$3,398$43,492
Apr 9, 2019$3,884$40,420
Apr 9, 2018$3,614$36,272
Apr 9, 2017$3,406$32,977
Apr 9, 2016$3,225$30,006
Apr 9, 2015$2,948$26,700
Apr 9, 2014$2,948$26,550
Apr 9, 2013$2,856$27,412
Apr 9, 2012$3,064$32,373
Apr 9, 2011$3,228$38,450
Apr 9, 2010$3,316$43,037
Apr 9, 2009$3,313$46,641
Apr 9, 2008$3,195$46,641
Apr 9, 2007—$43,590
Apr 9, 2006$2,788$39,000
Apr 9, 2005$2,222$35,119
Apr 9, 2004$2,015$31,545
Apr 9, 2003$2,049$30,311
Apr 9, 2002$1,882$27,554
Apr 9, 2001$1,749$26,500
Apr 9, 2000$1,660$25,728
Nearby homes
Neighborhood details
Local context around this listing
Joliet, IL • Will County
Nearby neighborhoods
CathedralCunninghamForest ParkIngalls ParkNortheast JolietReedwoodRidgewoodSoutheast JolietSt. John'sSt. Pat's
Nearby cities
BolingbrookFrankfortJolietLockportMokenaNapervilleNew LenoxPlainfield
Nearby zip codes
604316043260433604346043560436
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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