1 day on Rocket
#12431696, Carlos Ayala, Listing office: Coldwell Banker Realty
Property details
About 406 Madison St
Smart Buy in Joliet on over a half acre - 4 Bed, 4 Bath, Huge Value! This is the opportunity savvy buyers have been waiting for. Whether you're an investor seeking strong returns or a first-time buyer ready to build equity, this spacious 4-bedroom, 4-bath home delivers. Enjoy generous living space including a large family room, formal living and dining rooms, and a versatile kitchen layout. With a 3-car garage, dual driveways, and a fully fenced yard featuring a dog run, this property offers practicality and room to grow. The primary suite with walk-in closet and hardwood flooring throughout add comfort and value. Sold AS IS, this home is priced to move and perfect for buyers looking to make updates and gain instant equity. Rare to find this much space and potential at this price point in Joliet-act fast!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Contingent)
(Contingent)
CoolingCentral Air
Size3,100 sqft
BasementYes
Year built1966
ParkingConcrete, Garage Door Opener, On Site, Garage Owned, Detached, Garage
MLS #12402602
Garage3 spaces
Summary
- Full Bathrooms: 4
- Basement: Yes
- Interior: 1st Floor Full Bath
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Parking: Concrete, Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $325,000
- Price/SqFt: $104
- HOA Amount: $0
- Annual Tax Amount: $6,238
- Tax Year: 2023
- Directions: GLENWOOD TO MADISON one block from hospital
- Year Built: 1966
- Living Area: 3,100 SqFt
- MLS Number: 12402602
- MLS Name: MRED
- Office Name: Epique Realty Inc
- Office Phone: (888) 893-3537
- Office Email: ILbroker@epiquerealty.com
- Listing Agent: Keith Dickerson
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 10, 2020 | Home Sold | $278,000 |
| Jul 29, 2011 | Home Sold | $215,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $77,938 | $6,238 |
| 2022 | $70,501 | $5,956 |
| 2021 | $65,846 | $5,091 |
| 2020 | $60,228 | $5,091 |
| 2019 | $55,974 | $4,802 |
| 2018 | $51,722 | $4,555 |
| 2017 | $47,024 | $4,237 |
History based on county public records data.
Nearby schools
4
Thomas Jefferson Elementary School
Public District KG-5
0.6 mi
•2651 Glenwood Ave
3
Carl Sandburg Elementary School
Public District KG-5
0.9 mi
•1100 Lilac Ln
4
Pershing Elementary School
Public District KG-5
1.0 mi
•251 N Midland Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $72,778. The majority of Joliet, IL residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
14%
<35k
46%
35k-100k
18%
100k-200k
22%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
4%
Single, with Kids
39%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
15%
18-34 yrs old
41%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
PGA/LPGA
Where do the neighbors shop?
Nordstrom Rack
Chico's
Stein Mart
Where do the neighbors go to eat?
Chipotle
Boston Market
Bonefish Grill
What do the neighbors drive?
Mazda
Volvo
Lincoln
What do the neighbors listen to?
Rock
Talk/Personality
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 406 Madison St
The listing price of 406 Madison St property is $325,000.
The property 406 Madison St is a house located in Joliet, Illinois, 60435.
Accepting Backup Offers: 406 Madison St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 406 Madison St are: Thomas Jefferson Elementary School (GreatSchools Rating 4/10), Carl Sandburg Elementary School (GreatSchools Rating 3/10), Pershing Elementary School (GreatSchools Rating 4/10), Hufford Junior High School (GreatSchools Rating 4/10), Dirksen Junior High School (GreatSchools Rating 3/10), Rockdale Elementary School (GreatSchools Rating 4/10), Joliet West High School (GreatSchools Rating 4/10), Joliet Central High School (GreatSchools Rating 4/10), Plainfield High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $6,238 (source: MLS/based on county public records data).
The last sale was on December 10, 2020 for $278,000 (source: MLS/tax record).
The property at 406 Madison St has 4 bedrooms and 4 bathrooms.
The property 406 Madison St is 3,100 SqFt (source: MLS/tax record).
The year of construction for 406 Madison St is 1966.
This home is located at 406 Madison St in Joliet, IL and zip code 60435 in the Bevan Acres neighborhood. This 3,100 square foot home was built in 1966. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 28, 2025 and is currently priced at $325,000.
In June 2025, from all listings sold in Joliet, IL there were more than 100 sold above asking price, over 43 sold below and more than 30 were sold right at the asked price. The inventory of homes for sale in Joliet, IL between May and June 2025 increased by 10.3%. Listings spent 17 days on the market in June 2025, and had a median list price of $285,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.