2601 Melrose Dr
Champaign, IL 61820
3 bd 2 ba 1,786 sqft Built 1965 single_family
Most recent sale
$235,000
Apr 15, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2024 | Sold | $235,000 | MRED |
| Mar 12, 2024 | Listed | $224,900 | MRED |
| Feb 2, 1993 | Sold | $76,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $65,840 | $20,520 | $86,360 | $4,991 |
| 2023 | $58,470 | $18,220 | $76,690 | $4,759 |
| 2022 | $50,360 | $15,690 | $66,050 | $4,464 |
| 2021 | $49,470 | $15,410 | $64,880 | $4,348 |
| 2020 | $48,980 | $15,260 | $64,240 | $4,311 |
| 2019 | $46,530 | $14,490 | $61,020 | $4,008 |
| 2018 | $45,160 | $14,490 | $59,650 | $3,541 |
| 2017 | $43,940 | $14,490 | $58,430 | $3,463 |
| 2016 | $43,940 | $14,490 | $58,430 | $3,100 |
| 2015 | $42,720 | $14,490 | $57,210 | $3,108 |
| 2014 | $40,210 | $14,490 | $54,700 | $2,929 |
| 2013 | $39,040 | $14,490 | $53,530 | $2,805 |
| 2012 | $39,040 | $14,490 | $53,530 | $2,824 |
| 2011 | $39,040 | $14,490 | $53,530 | $2,629 |
| 2010 | $42,700 | $13,390 | $56,090 | $2,645 |
| 2009 | $43,620 | $13,680 | $57,300 | $2,656 |
| 2008 | $43,620 | $13,680 | $57,300 | $2,678 |
| 2006 | $40,470 | $12,690 | $53,160 | $2,541 |
| 2005 | $38,790 | $12,170 | $50,960 | $2,507 |
Property facts
Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,786 sqft
Lot size
—
ZIP code
61820
City
Champaign
Street
Melrose Dr
Coordinates
40.08174, -88.25293
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2601 Melrose Dr last sell?
2601 Melrose Dr most recently sold on Apr 15, 2024 for $235,000.
What is the current tax assessment for 2601 Melrose Dr?
The most recent total assessment for 2601 Melrose Dr (year 2024) is $86,360 with $4,991 in property tax.
How does 2601 Melrose Dr's assessment compare to its last sale price?
The current assessment is 63.3% below the last sale price of $235,000.
When was 2601 Melrose Dr built?
2601 Melrose Dr was built in 1965.
How does 2601 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 2601 Melrose Dr?
2601 Melrose Dr is a 3 bed, 2 bath, 1,786 sqft single_family.
Is 2601 Melrose Dr a flip candidate?
No — 2601 Melrose Dr does not appear in our flips dataset.
Is 2601 Melrose Dr a tax-appeal candidate?
No — 2601 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