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307 Merrill Ave

Calumet City, IL 60409

3 bd 2 ba 1,053 sqft Built 1965 Lot 5,922 sqft single_family
Most recent sale
$181,000
Apr 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2022 Sold $181,000 MLS #11308453
Jan 21, 2022 Listed $165,000 MLS #11308453
Apr 3, 2003 Sold $55,000 Public Record
Jun 7, 1978 Sold $33,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $14,683 $2,516 $17,199 $10,740
2022 $8,042 $2,220 $10,262 $5,415
2021 $8,042 $2,220 $10,262 $5,168
2020 $8,042 $2,220 $10,262 $4,866
2019 $5,073 $2,072 $7,145 $2,743
2018 $5,073 $2,072 $7,145 $2,727
2017 $5,073 $2,072 $7,145 $2,656
2016 $5,157 $1,924 $7,081 $3,058
2015 $5,157 $1,924 $7,081 $2,905
2014 $5,157 $1,924 $7,081 $2,862
2013 $5,605 $1,924 $7,529 $2,910
2012 $5,605 $1,924 $7,529 $2,831
2011 $5,605 $1,924 $7,529 $2,608
2010 $10,010 $1,924 $11,934 $2,630
2009 $10,010 $1,924 $11,934 $1,794
2008 $9,484 $3,079 $12,563 $1,514
2007 $8,529 $2,842 $11,371 $1,628
2006 $8,529 $2,842 $11,371 $1,357

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,053 sqft
Lot size
5,922 sqft
ZIP code
60409
City
Calumet City
Street
Merrill Ave
Coordinates
41.62860, -87.56965

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
$1,895
Gross rental yield
12.56%
Implied cap rate
8.17%
Trend-extrapolated value

Frequently asked questions

When did 307 Merrill Ave last sell?
307 Merrill Ave most recently sold on Apr 4, 2022 for $181,000.
What is the current tax assessment for 307 Merrill Ave?
The most recent total assessment for 307 Merrill Ave (year 2023) is $17,199 with $10,740 in property tax.
How does 307 Merrill Ave's assessment compare to its last sale price?
The current assessment is 90.5% below the last sale price of $181,000.
When was 307 Merrill Ave built?
307 Merrill Ave was built in 1965.
How does 307 Merrill Ave compare to others on Merrill Ave?
We track 8 other properties on Merrill Ave. Browse the list under "Other properties on Merrill Ave" to compare beds, baths, and sale history.
What are the property facts for 307 Merrill Ave?
307 Merrill Ave is a 3 bed, 2 bath, 1,053 sqft, 5,922 sqft lot single_family.
Is 307 Merrill Ave a flip candidate?
No — 307 Merrill Ave does not appear in our flips dataset.
Is 307 Merrill Ave a tax-appeal candidate?
No — 307 Merrill Ave 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
-0.1%
Implied 1-yr
-0.4%
2026 Q3
$167.2K
2026 Q4
$167.1K
ZIP 60409 — Median Price History + Forecast

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