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515 Merrill Ave

Calumet City, IL 60409

3 bd 2 ba 1,250 sqft Built 1976 Lot 4,920 sqft single_family
Most recent sale
$149,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 13, 2025 Listed $184,000 MRED
Jan 2, 2025 Listed $189,000 MRED
Oct 10, 2024 Listed $189,000 MRED
Jul 23, 2024 Listed $198,000 MRED
Mar 15, 2024 Listed $230,000 MRED
Jan 18, 2023 Listing removed $2,500 MRED
Jan 12, 2023 Listed for rent $2,500 MRED
Dec 18, 2022 Listing removed $214,000 MRED
Dec 15, 2022 Price changed $214,000 MRED
Dec 9, 2022 Listed $220,000 MRED
Oct 4, 2022 Sold $149,000 Public Record
Mar 11, 2020 Listing removed $1,625 MRED
Apr 22, 2016 Sold $115,000 MRED
Mar 21, 2016 Listing removed $1,575 MRED
Mar 15, 2016 Listed for rent $1,575 MRED
Mar 9, 2016 Listing removed $1,575 MRED
Feb 5, 2016 Listed for rent $1,575 MRED
Dec 29, 2015 Listed $144,000 MRED
Dec 23, 2015 Sold $45,000 Public Record
Nov 5, 2015 Sold $45,000 MRED
Aug 26, 2015 Listed $59,900 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $12,909 $2,091 $15,000 $9,367
2022 $8,275 $1,845 $10,120 $8,010
2021 $8,275 $1,845 $10,120 $7,545
2020 $8,275 $1,845 $10,120 $6,878
2019 $6,500 $1,722 $8,222 $6,069
2018 $6,500 $1,722 $8,222 $6,043
2017 $6,500 $1,722 $8,222 $5,793
2016 $6,901 $1,599 $8,500 $5,670
2015 $6,901 $1,599 $8,500 $5,538
2014 $6,901 $1,599 $8,500 $5,390
2013 $8,270 $1,599 $9,869 $5,861
2012 $8,270 $1,599 $9,869 $5,550
2011 $8,270 $1,599 $9,869 $5,194
2010 $10,699 $1,599 $12,298 $5,506
2009 $10,699 $1,599 $12,298 $5,229
2007 $10,550 $2,361 $12,911 $4,846
2006 $10,550 $2,361 $12,911 $4,398

Property facts

Year built
1976
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,250 sqft
Lot size
4,920 sqft
ZIP code
60409
City
Calumet City
Street
Merrill Ave
Coordinates
41.62146, -87.56960

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$894
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 515 Merrill Ave last sell?
515 Merrill Ave most recently sold on Oct 4, 2022 for $149,000.
What is the current tax assessment for 515 Merrill Ave?
The most recent total assessment for 515 Merrill Ave (year 2023) is $15,000 with $9,367 in property tax.
How does 515 Merrill Ave's assessment compare to its last sale price?
The current assessment is 89.9% below the last sale price of $149,000.
When was 515 Merrill Ave built?
515 Merrill Ave was built in 1976.
How does 515 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 515 Merrill Ave?
515 Merrill Ave is a 3 bed, 2 bath, 1,250 sqft, 4,920 sqft lot single_family.
Is 515 Merrill Ave a flip candidate?
No — 515 Merrill Ave does not appear in our flips dataset.
Is 515 Merrill Ave a tax-appeal candidate?
No — 515 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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