2205 Melrose Dr
Champaign, IL 61820
3 bd 1 ba 1,160 sqft Built 1976 condos
Most recent sale
$92,500
Sep 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 29, 2022 | Sold | $92,500 | MLS #11474903 |
| Aug 19, 2022 | Price changed | $99,900 | MLS #11474903 |
| Aug 1, 2022 | Listed | $103,900 | MLS #11474903 |
| Mar 31, 2017 | Sold | $75,500 | MLS #09479074 |
| Jan 17, 2017 | Listed | $75,900 | MLS #09479074 |
| Jan 9, 2017 | Price changed | $76,400 | MLS #2162720 |
| Dec 16, 2016 | Price changed | $76,900 | MLS #2162720 |
| Dec 9, 2016 | Price changed | $77,400 | MLS #2162720 |
| Nov 11, 2016 | Price changed | $77,900 | MLS #2162720 |
| Nov 4, 2016 | Price changed | $78,400 | MLS #2162720 |
| Oct 28, 2016 | Price changed | $78,900 | MLS #2162720 |
| Oct 21, 2016 | Price changed | $79,400 | MLS #2162720 |
| Sep 29, 2016 | Price changed | $79,900 | MLS #2162720 |
| Jul 5, 2016 | Price changed | $82,900 | MLS #2162720 |
| Jun 3, 2016 | Listed | $84,900 | MLS #2162720 |
| Jul 6, 2011 | Sold | $78,000 | Public Record |
| Jan 11, 2011 | Listed | $79,900 | MLS #2110234 |
| Aug 22, 2007 | Sold | $83,000 | Public Record |
| Apr 18, 2005 | Sold | $71,000 | Public Record |
| May 19, 2004 | Sold | $65,100 | Public Record |
| Jul 9, 1999 | Sold | $53,000 | Public Record |
| Nov 29, 1994 | Sold | $25,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $34,570 | $1,770 | $36,340 | $2,549 |
| 2024 | $34,570 | $1,770 | $36,340 | $2,301 |
| 2023 | $30,810 | $1,580 | $32,390 | $2,119 |
| 2022 | $25,890 | $1,330 | $27,220 | $1,951 |
| 2021 | $25,380 | $1,300 | $26,680 | $1,893 |
| 2020 | $25,380 | $1,300 | $26,680 | $1,896 |
| 2019 | $24,860 | $1,270 | $26,130 | $1,824 |
| 2018 | $24,470 | $1,250 | $25,720 | $1,775 |
| 2017 | $25,230 | $1,290 | $26,520 | $1,854 |
| 2016 | $24,710 | $1,260 | $25,970 | $1,652 |
| 2015 | $24,270 | $1,240 | $25,510 | $1,655 |
| 2014 | $24,270 | $1,240 | $25,510 | $1,641 |
| 2013 | $24,270 | $1,240 | $25,510 | $1,627 |
| 2012 | $24,760 | $1,260 | $26,020 | $1,605 |
| 2011 | $24,760 | $1,260 | $26,020 | $1,538 |
| 2010 | $25,320 | $1,290 | $26,610 | $1,534 |
| 2009 | $25,320 | $1,290 | $26,610 | $1,509 |
| 2008 | $25,320 | $1,290 | $26,610 | $1,540 |
| 2006 | $23,130 | $1,180 | $24,310 | $1,419 |
| 2005 | $21,260 | $1,080 | $22,340 | $1,686 |
Property facts
Year built
1976
Property type
condos
Stories
2
Beds
3
Baths
1
Living area
1,160 sqft
Lot size
—
ZIP code
61820
City
Champaign
Street
Melrose Dr
Coordinates
40.08538, -88.25526
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
$555
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2205 Melrose Dr last sell?
2205 Melrose Dr most recently sold on Sep 29, 2022 for $92,500.
What is the current tax assessment for 2205 Melrose Dr?
The most recent total assessment for 2205 Melrose Dr (year 2025) is $36,340 with $2,549 in property tax.
How does 2205 Melrose Dr's assessment compare to its last sale price?
The current assessment is 60.7% below the last sale price of $92,500.
When was 2205 Melrose Dr built?
2205 Melrose Dr was built in 1976.
How does 2205 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 2205 Melrose Dr?
2205 Melrose Dr is a 3 bed, 1 bath, 1,160 sqft condos.
Is 2205 Melrose Dr a flip candidate?
No — 2205 Melrose Dr does not appear in our flips dataset.
Is 2205 Melrose Dr a tax-appeal candidate?
No — 2205 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