2116 Melrose Dr
Champaign, IL 61820
2 bd 3 ba 1,098 sqft Built 1979 Lot 1,080 sqft townhomes
Most recent sale
$130,000
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 29, 2022 | Sold | $130,000 | MLS #11417913 |
| May 27, 2022 | Listing removed | $1,500 | MRED |
| May 27, 2022 | Listed | $130,000 | MLS #11417913 |
| May 8, 2022 | Listed for rent | $1,500 | MRED |
| May 6, 2019 | Sold | $97,000 | MLS #10121986 |
| Oct 25, 2018 | Listed | $99,900 | MLS #10121986 |
| May 7, 2007 | Sold | $97,500 | Public Record |
| Sep 7, 2004 | Sold | $83,000 | Public Record |
| May 16, 2001 | Sold | $71,000 | Public Record |
| Dec 16, 1998 | Sold | $67,000 | Public Record |
| Jul 28, 1995 | Sold | $36,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $44,540 | $2,390 | $46,930 | $3,439 |
| 2024 | $44,540 | $2,390 | $46,930 | $3,647 |
| 2023 | $39,700 | $2,130 | $41,830 | $2,894 |
| 2022 | $33,360 | $1,790 | $35,150 | $2,680 |
| 2021 | $32,710 | $1,750 | $34,460 | $2,605 |
| 2020 | $32,710 | $1,750 | $34,460 | $2,609 |
| 2019 | $32,040 | $1,710 | $33,750 | $3,058 |
| 2018 | $31,540 | $1,680 | $33,220 | $2,449 |
| 2017 | $32,520 | $1,730 | $34,250 | $2,553 |
| 2016 | $31,850 | $1,690 | $33,540 | $2,278 |
| 2015 | $31,290 | $1,660 | $32,950 | $2,287 |
| 2014 | $31,290 | $1,660 | $32,950 | $2,772 |
| 2013 | $31,290 | $1,660 | $32,950 | $2,747 |
| 2012 | $31,930 | $1,690 | $33,620 | $2,214 |
| 2011 | $31,930 | $1,690 | $33,620 | $2,121 |
| 2010 | $32,650 | $1,730 | $34,380 | $2,113 |
| 2009 | $32,650 | $1,730 | $34,380 | $2,077 |
| 2008 | $32,650 | $1,730 | $34,380 | $2,107 |
| 2006 | $29,830 | $1,570 | $31,400 | $1,940 |
| 2005 | $27,420 | $1,440 | $28,860 | $1,800 |
Property facts
Year built
1979
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,098 sqft
Lot size
1,080 sqft
ZIP code
61820
City
Champaign
Street
Melrose Dr
Coordinates
40.08549, -88.25355
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
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2116 Melrose Dr last sell?
2116 Melrose Dr most recently sold on Jul 29, 2022 for $130,000.
What is the current tax assessment for 2116 Melrose Dr?
The most recent total assessment for 2116 Melrose Dr (year 2025) is $46,930 with $3,439 in property tax.
How does 2116 Melrose Dr's assessment compare to its last sale price?
The current assessment is 63.9% below the last sale price of $130,000.
When was 2116 Melrose Dr built?
2116 Melrose Dr was built in 1979.
How does 2116 Melrose Dr compare to others on Melrose Dr?
We track 8 other properties on Melrose Dr. Browse the list under "Other properties on Melrose Dr" to compare beds, baths, and sale history.
What are the property facts for 2116 Melrose Dr?
2116 Melrose Dr is a 2 bed, 3 bath, 1,098 sqft, 1,080 sqft lot townhomes.
Is 2116 Melrose Dr a flip candidate?
No — 2116 Melrose Dr does not appear in our flips dataset.
Is 2116 Melrose Dr a tax-appeal candidate?
No — 2116 Melrose Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+10.0%
Implied 1-yr
+39.8%
2026 Q2
$2.81M
2026 Q3
$2.98M
ZIP 61820 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Dr