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$290,000 Contingent
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Property Description
SHORT SALE!! 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!
Full Property Details
Full Property Details for 406 Madison St
General
- Price: $290,000
- Taxes: $7,054 (2024)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12402602
- Updated: 8/26/2025
- Added to Site: 203 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
- Interior Features: 1st-Floor Bath
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Water Softener (Owned), Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Concrete, Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: Joliet
- County: Will
- Township: Plainfield
- Subdivision: Bevan Acres
- Driving Directions: GLENWOOD TO MADISON one block from hospital
School Information
- School District: 86
- Elem School District: 86
- Midd School District: 86
- High School District: 204
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Stone
- Exterior Const.: Vinyl Siding, Stone
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Roof: Asphalt
- Windows: Screens
- Square Feet: 3,100
- Sq. Ft. Source: Estimated
- Year Built: 1966
- Built Before 1978: Yes
Lot Features
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 131 x 152
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1966
- Tax Amount: $7,054
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Short Sale
- Property ID: 3007071250610000
Listed by Epique Realty Inc
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Schools
Schools serving 406 Madison St
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Thomas Jefferson Elementary School, Joliet, IL 2651 Glenwood Avenue, Joliet, IL 60435 | PK-5 | 0.7 mi |
Hufford Junior High School 1125 North Larkin Avenue, Joliet, IL 60435 | 6-8 | 1 mi |
Joliet West High School 401 North Larkin Avenue, Joliet, IL 60435 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 406 Madison St
Date
Details
Price
Change
Source
8/21/2025
Price Reduced
$290,000
-3.33%
MLS
8/09/2025
Price Reduced
$300,000
-7.69%
MLS
6/28/2025
Listed
$325,000
16.91%
MLS
10/28/2020
Sold
$278,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 406 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,054
13%
$92,221
18%
2023
$6,239
5%
$77,938
11%
2022
$5,957
—
$70,501
7%
2022
$5,957
17%
$65,846
9%
2020
$5,091
6%
$60,228
8%
2019
$4,802
5%
$55,974
8%
2018
$4,556
8%
$51,722
10%
2017
$4,238
6%
$47,024
9%
2016
$4,003
4%
$43,246
7%
2015
$3,834
—
$40,550
—
2014
$3,815
-1%
$40,350
-6%
2013
$3,843
-2%
$42,886
-9%
2012
$3,916
—
$47,372
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 406 Madison St
406 Madison Street, Joliet, IL 60435 (MLS# 12402602) is a Single Family property with 4 bedrooms and 4 full bathrooms. 406 Madison Street is currently listed for $290,000 and was received on June 28, 2025. Want to learn more about 406 Madison Street? Do you have questions about finding other Single Family real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.

