Joliet  »  60435  »  Lakelawn

305 North Reed Street, Joliet, IL 60435

Lakelawn, Joliet
Building in Lakelawn
200 Stories
Built in 1946
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By Gino Picciola
Welcome to 305 North Reed Street, a building located in Lakelawn, Joliet in Joliet, IL. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1946. This is a relatively tall building with a total of 200 floors. Finally, 305 North Reed Street was most recently sold on Aug 8, 2017 for $425,000. The market value for the land that the building sits on has been listed at $102,303. In addition, improvements upon the building have an added value of $343,839. In total, the total market value of the property as a whole is $446,142. According to local assessors, the total value of the building is currently valued at $148,714. Specifically, the value of the land that the property sits on has been assessed at $34,101. The building was last assessed in 2022.

Here's what we know about the features and amenities in this building. Thankfully, there is a . The building depends on for cooling. Sadly, informaton related to the heating system was not disclosed. The code designated for the basement in this building was 8 which stands for: "". Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1946
Effective Year Built
1946
Bedroom Count
0
Bathroom Count
4
Full Bathrooms
4
Partial Bathrooms
4
Building Condition
0
Building Quality
0
Construction Type
12
Building Style
0
Exterior Walls Type
0
Interior Walls Type
0
Roof Shape Type
0
Roof Cover Type
0
Floor Count
200
Floor Cover
0
Basement Type
8
Basement Area
895
Garage Type
1
Garage Square Area
576
Parking Space Count
2
Patio Type
0
Porch Type
0
Pool Type
0
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
0
Property Class
R
Subdivision
FORDS
Land Acres
0000000850
Standard Land Use Code
1001
County Land Use Code
0040
Legal Description 1
THE S 125 FT OF LOT 7 IN FORD'S SUBDIVISION IN THE W1/2 OF THE SE1/4 OF SEC 8, T35N-R10E.
Neighborhood
School District Name
Joliet Public School District 86
Census Tract
882701
Census Block Code
1004
Census Group
1
Census Year
2020
Census - Combined Statistical Area - Area Code
176
Census - Combined Statistical Area - Area Name
Chicago-Naperville, IL-IN-WI
Census - County FIPS
17197
Census - Full FIPS
171978827011004
Census - Metropolitan Division - Area Code
16984
Census - Metropolitan Division - Area Name
Chicago-Naperville-Evanston, IL
Census - Metro Micro Statistical Area - Area Code
16980
Census - Metro Micro Statistical Area - Area Name
Chicago-Naperville-Elgin, IL-IN-WI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1738570
Census Source
US Census Bureau
Census State FIPS
17
Census Tract Code
882701
School District - Secondary - Grade High
12
School District - Secondary - Grade Low
09
School District - Secondary - LEA Code
1720610
School District - Secondary - Name
Joliet Township High School District 204
Zoning
Geography
Parcel
30-07-08-404-004
Lot
7
Meridian
SEC 08 TWN 35N RNG 10E
Municipality
JOLIET
Latitude
41.5287
Longitude
-88.1099
FIPS
17197
Geo Status Code
R
Valuation
Timestamp
2024-04-10 22:42:43
UCID Flag
C
More About The Building
In total, the building area is listed as 3,567 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. From what we gather, the control joints used in the construction of this particular building for contraction purposes were made of . The building class code for 305 North Reed Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Lakelawn area have a median price of $4,000. Those in the 25th percentile, have a price around $4,000. While those in the 75th percentile, have a price around $4,000. Typically, the buildings in this area have a median sqft of 4,479. That means that the median price per sqft is around $11. In other words, the price per sqft for buildings in the 25th percentile is $11. While the price per sqft for buildings in the 75th percentile is $11. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently no one bedroom listings being advertised in the area.
  • There are currently no two bedroom listings being advertised in the area.
  • There are currently no three bedroom listings being advertised in the area.
  • There is currently a single advertised four bedroom listing. The median price for these types of listings is $4,000. That's $10.72 price per sqft.
About The Area
305 North Reed Street is located in 60435. There are 50,095 people living here. There are 18,072 households. Most of these households have an average family size of 3.47 people. According to the census, 37% are currently renting while 63% own their homes. The median age of this population is around 36 years old. On average, most folks in the zipcode are unmarried. About 25% of folks speak a language other than English in this area. The area's employment rate is currently around 62.9%. Speaking of employment, the median income is $52,269. Most folks will commute by car for around 27.0 minutes. Finally, we know that 33% of residents in the area have graduated with their high school degree. Additionally, 14% and 8% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Will County, Illinois has a population of 685,378 people. Based on census records, there are 224,959 registered households. Families in this area are on average made up of 3.51 people per household. Most folks are married. They are also typically around 37 years old. Does diversity matter to you? Right now, 20% of folks speak a language other than English here. About 19% rent while 81% purchased their homes. Right now, the community is made up of 27% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 12% have a Master's degree. The employment rate is currently around 64.4%. Those employed, have a median income of $77,507.

Finally, let's take a look at the stats related to Chicago, IL - IN Urban Area. The urban area is home to 8,672,319 people. A total of 3,153,810 households are registered here. With average family sizes being listed at 3.4 people. About 24% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 14% have their Master's degree. Folks speaking a language other than English, make up about 30% of the population. Speaking of your commute, 61.2% of people in this area are employed. The recorded median income is currently at $63,064 per year. The median population age has been listed at 36.6 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 37% of the population while homeowners are at about 63% of the population.
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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent