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1788 Melbourne Ln

Aurora, IL 60503

3 bd 3 ba 2,212 sqft Built 1999 single_family
Most recent sale
$335,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $335,000 MLS #11366240
Apr 7, 2022 Listed $325,000 MLS #11366240
Dec 22, 2004 Sold $210,000 Public Record
Jun 25, 1999 Sold $191,050 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $81,359 $27,280 $108,639 $10,021
2022 $73,390 $25,805 $99,195 $9,274
2021 $69,895 $24,576 $94,471 $9,215
2020 $68,788 $24,187 $92,975 $8,822
2019 $66,849 $23,505 $90,354 $8,914
2018 $55,014 $22,988 $78,002 $7,878
2017 $53,594 $22,395 $75,989 $7,744
2016 $52,440 $21,913 $74,353 $7,761
2015 $50,423 $21,070 $71,493 $8,147
2014 $50,240 $21,070 $71,310 $8,569
2013 $50,240 $21,070 $71,310 $8,377
2012 $52,648 $21,070 $73,718 $8,305
2011 $60,320 $21,070 $81,390 $8,045
2010 $65,674 $21,135 $86,809 $7,911
2009 $66,810 $21,500 $88,310 $7,281
2008 $67,990 $21,500 $89,490 $7,311
2007 $67,990 $21,500 $89,490 $7,463
2006 $66,497 $19,045 $85,542 $7,069

Property facts

Year built
1999
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,212 sqft
Lot size
ZIP code
60503
City
Aurora
Street
Melbourne Ln
Coordinates
41.72314, -88.25855

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,982
Gross rental yield
14.26%
Implied cap rate
9.27%
Trend-extrapolated value

Frequently asked questions

When did 1788 Melbourne Ln last sell?
1788 Melbourne Ln most recently sold on May 16, 2022 for $335,000.
What is the current tax assessment for 1788 Melbourne Ln?
The most recent total assessment for 1788 Melbourne Ln (year 2024) is $108,639 with $10,021 in property tax.
How does 1788 Melbourne Ln's assessment compare to its last sale price?
The current assessment is 67.6% below the last sale price of $335,000.
When was 1788 Melbourne Ln built?
1788 Melbourne Ln was built in 1999.
How does 1788 Melbourne Ln compare to others on Melbourne Ln?
We track 8 other properties on Melbourne Ln. Browse the list under "Other properties on Melbourne Ln" to compare beds, baths, and sale history.
What are the property facts for 1788 Melbourne Ln?
1788 Melbourne Ln is a 3 bed, 3 bath, 2,212 sqft single_family.
Is 1788 Melbourne Ln a flip candidate?
No — 1788 Melbourne Ln does not appear in our flips dataset.
Is 1788 Melbourne Ln a tax-appeal candidate?
No — 1788 Melbourne Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.3%
Implied 1-yr
-13.2%
2026 Q3
$310K
2026 Q4
$297K
ZIP 60503 — Median Price History + Forecast

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