525 Melrose Ln
Beecher, IL 60401
3 bd 2 ba 1,800 sqft Built 1974 Lot 10,890 sqft single_family
Most recent sale
$235,000
Dec 10, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 10, 2021 | Sold | $235,000 | MLS #11200787 |
| Jul 17, 2015 | Listing removed | $172,000 | MRED |
| Apr 8, 2015 | Price changed | $172,000 | MLS #08847011 |
| Feb 26, 2015 | Listed | $174,900 | MLS #08847011 |
| May 1, 1984 | Sold | $90,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $68,162 | $15,954 | $84,116 | $6,530 |
| 2022 | $56,658 | $13,261 | $69,919 | $5,482 |
| 2021 | $52,510 | $12,290 | $64,800 | $2,881 |
| 2020 | $48,960 | $11,459 | $60,419 | $3,012 |
| 2019 | $46,024 | $10,772 | $56,796 | $3,093 |
| 2018 | $43,215 | $10,115 | $53,330 | $3,226 |
| 2017 | $41,721 | $9,765 | $51,486 | $3,269 |
| 2016 | $41,721 | $9,765 | $51,486 | $3,339 |
| 2015 | $41,267 | $9,659 | $50,926 | $3,312 |
| 2014 | $41,684 | $9,757 | $51,441 | $4,362 |
| 2013 | $43,539 | $10,191 | $53,730 | $3,040 |
| 2012 | $46,318 | $10,842 | $57,160 | $3,012 |
| 2011 | $49,650 | $11,622 | $61,272 | $2,775 |
| 2010 | $50,278 | $11,769 | $62,047 | $2,585 |
| 2009 | $50,992 | $11,936 | $62,928 | $2,480 |
| 2008 | $50,992 | $11,936 | $62,928 | $2,431 |
| 2007 | $47,417 | $11,099 | $58,516 | $3,969 |
| 2006 | $43,864 | $10,267 | $54,131 | $2,631 |
Property facts
Year built
1974
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,800 sqft
Lot size
10,890 sqft
ZIP code
60401
City
Beecher
Street
Melrose Ln
Coordinates
41.33873, -87.62272
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 525 Melrose Ln last sell?
525 Melrose Ln most recently sold on Dec 10, 2021 for $235,000.
What is the current tax assessment for 525 Melrose Ln?
The most recent total assessment for 525 Melrose Ln (year 2024) is $84,116 with $6,530 in property tax.
How does 525 Melrose Ln's assessment compare to its last sale price?
The current assessment is 64.2% below the last sale price of $235,000.
When was 525 Melrose Ln built?
525 Melrose Ln was built in 1974.
How does 525 Melrose Ln compare to others on Melrose Ln?
We track 8 other properties on Melrose Ln. Browse the list under "Other properties on Melrose Ln" to compare beds, baths, and sale history.
What are the property facts for 525 Melrose Ln?
525 Melrose Ln is a 3 bed, 2 bath, 1,800 sqft, 10,890 sqft lot single_family.
Is 525 Melrose Ln a flip candidate?
No — 525 Melrose Ln does not appear in our flips dataset.
Is 525 Melrose Ln a tax-appeal candidate?
No — 525 Melrose Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$295.2K
2026 Q4
$298.5K
ZIP 60401 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Ln