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Single Family ResidenceResidential
$291,449$180 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 85How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $265,000 on Jan 28, 2025

506 MADISON ST

JOLIET, IL 60435
3
Beds
1
Baths
1,620 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.24 ac
Lot SizeThe size of the land the home sits on, from county records.
1961
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$291K
$249K low$334K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$265,000 · Jan 28, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,593 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$98,098 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$23,761
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$74,337
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$89,751
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$294,294

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
10
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
71
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
70
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
28
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.7 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWILL
Lot (acres)The size of the land the home sits on, from county records.0.24
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(7)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Joliet West High SchoolC+
High · Grades 9–12 · 0.5 mi
E
Thomas Jefferson Elementary SchoolC
Elementary · Grades KG–5 · 0.7 mi
M
Hufford Junior High SchoolD+
Middle · Grades 6–8 · 0.8 mi

District: Joliet Township High School District 204

Neighborhood · ZIP 60435These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.131
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.50

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.51,469
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,640 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$71,757
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$87,021
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

506 Madison St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 72% of homes in Will County
  • Costs less per square foot than 77% of homes in Joliet 60435
  • Bigger than 77% of homes in Joliet 60435
  • Has a bigger lot than 73% of homes in Joliet 60435
  • Older than 83% of homes in Will County

What homes are worth in Joliet 60435

Each bar is how many homes fall in that price range. The marker is this home.

This home
$124K$438K

This home is worth more than 61% of homes in Joliet 60435.

How it measures up in Joliet 60435

The dot is this home. The mark in the middle is the typical home in Joliet 60435.

Estimated value$291,449
CheaperTypical $271,035Pricier

Pricier than 61% of homes nearby

Price per ft²$180
CheaperTypical $210Pricier

Pricier than 23% of homes nearby

Living area1,620 ft²
SmallerTypical 1,200 ft²Bigger

Bigger than 77% of homes nearby

Lot size0.24 ac
SmallerTypical 0.19 acBigger

Bigger than 73% of homes nearby

Year built1961
OlderTypical 1958Newer

Newer than 57% of homes nearby

How 506 Madison St ranks against every home in each area.
MeasureThis homeJoliet 60435Will County
Estimated valuepricier than$291,44961% of homes28% of homes
Price per ft²pricier than$18023% of homes24% of homes
Living areabigger than1,620 ft²77% of homes40% of homes
Lot sizebigger than0.24 ac73% of homes54% of homes
Year builtnewer than196157% of homes17% of homes

About 506 Madison St

How much is 506 Madison St, Joliet, IL worth?

The TopHap Estimate for 506 Madison St, Joliet, IL is $291,449 as of Aug 30, 2026. The likely range is $249,183 to $333,715. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 506 Madison St, Joliet, IL last sell?

506 Madison St, Joliet, IL last sold on Jan 28, 2025 for $265,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 506 Madison St, Joliet, IL?

506 Madison St, Joliet, IL has 3 bedrooms, 1 bathrooms, 1,620 square feet of living space and a 0.24-acre lot.

When was 506 Madison St, Joliet, IL built?

506 Madison St, Joliet, IL was built in 1961, making it 65 years old. The building has 1 story.

What schools serve 506 Madison St, Joliet, IL?

506 Madison St, Joliet, IL is assigned to Joliet West High School (high), rated C+; Thomas Jefferson Elementary School (elementary), rated C; Hufford Junior High School (middle), rated D+. All sit in Joliet Township High School District 204. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 506 Madison St, Joliet, IL compare to other homes in Joliet 60435?

Among the 14,951 homes in Joliet 60435, it is worth more than 61% of them ($291,449 against a typical $271,035), its price per square foot is higher than 23% of them ($180 against a typical $210), it is bigger than 77% of them (1,620 ft² against a typical 1,200 ft²), its lot is bigger than 73% of them (0.24 ac against a typical 0.19 ac) and it is newer than 57% of them (1961 against a typical 1958). Measured against all of Will County, it is worth more than 28% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 506 Madison St, Joliet, IL?

The 2025 property tax bill for 506 Madison St, Joliet, IL was $6,593. The county assessed it at $98,098.

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