2301 Melrose Dr
Champaign, IL 61820
2 bd 2 ba 1,134 sqft Built 1976 condos
Most recent sale
$130,600
Jun 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 1, 2022 | Sold | $130,600 | MLS #11328316 |
| Mar 7, 2022 | Listed | $125,000 | MLS #11328316 |
| Jul 9, 2018 | Sold | $105,000 | MLS #09920963 |
| May 11, 2018 | Price changed | $109,900 | MLS #09920963 |
| Apr 18, 2018 | Listed | $114,900 | MLS #09920963 |
| Sep 15, 2017 | Listing removed | $118,500 | MRED |
| Aug 28, 2017 | Relisted | $118,500 | MLS #09697903 |
| Aug 27, 2017 | Listing removed | $118,500 | MRED |
| Jul 31, 2017 | Listed | $118,500 | MLS #09697903 |
| Sep 16, 2003 | Sold | $84,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $44,540 | $2,390 | $46,930 | $3,124 |
| 2023 | $39,700 | $2,130 | $41,830 | $2,894 |
| 2022 | $33,360 | $1,790 | $35,150 | $3,232 |
| 2021 | $32,710 | $1,750 | $34,460 | $3,154 |
| 2020 | $32,710 | $1,750 | $34,460 | $3,159 |
| 2019 | $32,040 | $1,710 | $33,750 | $2,514 |
| 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 | $2,267 |
| 2013 | $31,290 | $1,660 | $32,950 | $2,247 |
| 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
1976
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,134 sqft
Lot size
—
ZIP code
61820
City
Champaign
Street
Melrose Dr
Coordinates
40.08484, -88.25530
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
$784
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2301 Melrose Dr last sell?
2301 Melrose Dr most recently sold on Jun 1, 2022 for $130,600.
What is the current tax assessment for 2301 Melrose Dr?
The most recent total assessment for 2301 Melrose Dr (year 2024) is $46,930 with $3,124 in property tax.
How does 2301 Melrose Dr's assessment compare to its last sale price?
The current assessment is 64.1% below the last sale price of $130,600.
When was 2301 Melrose Dr built?
2301 Melrose Dr was built in 1976.
How does 2301 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 2301 Melrose Dr?
2301 Melrose Dr is a 2 bed, 2 bath, 1,134 sqft condos.
Is 2301 Melrose Dr a flip candidate?
No — 2301 Melrose Dr does not appear in our flips dataset.
Is 2301 Melrose Dr a tax-appeal candidate?
No — 2301 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