1506 Lantern Ln, Joliet, IL 60433 Property Records

Will County property record for 1506 Lantern Ln, Joliet, IL 60433

Property Summary

Property TypeSingle Family Home
Details1.5 ba · 1,720 sqft · built 1957
Lot Size0.66 acres (28,825 sqft)
Owner2 Individual Names on Record
Last Sale$300,000 (Jan 2022)
Tax Bill$7,764 (2025)
Deeds & MortgagesJan 2022 Sale & Mortgage
Feb 2020 Line of Credit
Flood ZoneZone X (minimal risk)
APN30-07-22-311-007

Property Details

APN / Parcel Number

Primary APN30-07-22-311-007
Alternative APN
  • 07223110070000

Interior

Full Baths1.5 Baths
Half Baths1 Half Bath
Stories1 Story
Building Area1,720 sqft
Basement Area1,720 sqft
Finished Basement1,720 sqft
Unfinished Basement864 sqft

Exterior

Year BuiltBuilt 1957
Effective Year BuiltEffective 1957
Lot Area28,825 sqft (0.66 acres)
Lot Dimensions212 ft deep x 162 ft wide
Garage Area500 sqft
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemCentral

Location & Zoning

Street Address1506 LANTERN LN
CityJOLIET
StateIL
Zip60433-2911
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 85 IN SUGAR CREEK HILLS, UNIT 3 BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 OF SEC. 22, T35N-R10E.
Legal Range10E
Legal Township35N
Legal Section22
Legal SubdivisionSUGARCREEK HILLS UNIT #3
Legal Lot Number85
Legal Unit3
JurisdictionWILL IL
Township / Civil DivisionJOLIET
Census Block Group2
Census Block2022
Census Tract883100

Owner

Source: Will County records, as of August 24, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on Record
Mailing Address1506 LANTERN LN, JOLIET, IL 60433-2911
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Jan 28, 2022Warranty Deed, Transfer · FHA Mortgage
FAIRWAY INDEPENDENT MORTGAGE CORP
Feb 11, 2020Deed of Trust, Mortgage · Line of Credit
PNC BANK NA

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJan 28, 2022 · Amount on Record
Deed SaleJan 28, 2022 · Amount on Record
Deed Document Number20229525
Prior Transfer DateMay 22, 2017
Prior Transfer Doc0000055537
Record UpdatedOct 29, 2026

January 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionWILL IL
Recording DateJan 28, 2022
Property Address1506 LANTERN LN, JOLIET, IL 60433-2911
Document Number0000009525
Map ReferenceDOC7305381MB28PG4
Instrument DateJan 24, 2022
InstrumentR2022009525
Transaction TypeTransfer
Record UpdatedFeb 8, 2022
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$300.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
Address16750 W NATOMA DR, LOCKPORT, IL 60441-6236

Mortgage

Document Number0000009526
DateJan 28, 2022
InstrumentR2022009526
Lender
NameFAIRWAY INDEPENDENT MORTGAGE CORP
TypeMortgage Company
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Term361 Months
DueFeb 1, 2052

February 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Property Address1506 LANTERN LN, JOLIET, IL 60433-2911
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000011988
DateFeb 11, 2020
InstrumentR2020011988
Lender
NamePNC BANK NA
TypeBank
AddressCLEVELAND, OH 44101
Agreement
TypeLine of Credit
AmountAmount Recorded
Term215 Months
DueJan 25, 2038

Tax Assessment & Valuation

Source: Will County assessment roll, as of August 24, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyWill County
County SubdivisionJoliet Township
Secondary School DistrictJoliet Township High School District 204 (09 - 12)
Elementary School DistrictLaraway Community Consolidated School District 70C (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$7,764.00 (+24.9%)$108,560 (+9.3%) Land $25,470 Building $83,090$325,680 (+9.3%) Land $76,410 Building $249,270
2024$99,323 (+24.42%) Land $23,303 Building $76,020$297,969 (+24.42%) Land $69,909 Building $228,060
2022$6,216.00 Homeowner's exemption$79,826 Land $18,729 Building $61,097$239,478 Land $56,187 Building $183,291

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective June 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 13 policies
Nearby Flood Policies13 in force
Nearby Flood Claims37 (1978–2024)
Claims Outside the SFHA8 of 37
Most Recent ClaimJul 2024 · Severe Storms, Tornadoes, Straight-line Winds, And Floodng
Claims by Event
  • Severe Storms And Flooding, Sep 2008 · 14 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 95% of the US · lower than 70% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemSOUTHEAST JOLIET SD
serves 2,000 people · EPA ID IL1977490
Water SourceGroundwater
Last State InspectionOct 2023
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Listed by EPA as a serious violator, with a treatment or procedure violation still open.

Water QualityNone
last 10 years
Treatment and ProcedureLead service line inventory
currently in violation since Oct 2024
Monitoring and Reporting29
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 195 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless · DSL · Fiber in parts of the area
100 / 20

May also be available: Bertram Communications, T-Mobile.

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