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5142 Merrimac Ave

Chicago, IL 60638

3 bd 1 ba 1,021 sqft Built 1957 Lot 3,907 sqft single_family
Most recent sale
$255,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $255,000 MLS #11368277
Apr 7, 2022 Listed $255,000 MLS #11368277

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $18,117 $4,882 $22,999 $4,175
2022 $18,117 $4,882 $22,999 $3,483
2021 $18,117 $4,882 $22,999 $3,419
2020 $16,436 $3,906 $20,342 $3,308
2019 $18,697 $3,906 $22,603 $3,322
2018 $18,697 $3,906 $22,603 $3,264
2017 $12,941 $3,515 $16,456 $2,249
2016 $12,941 $3,515 $16,456 $2,455
2015 $12,941 $3,515 $16,456 $2,207
2014 $11,484 $3,320 $14,804 $1,945
2013 $11,484 $3,320 $14,804 $1,888
2012 $11,484 $3,320 $14,804 $1,904
2011 $17,435 $4,296 $21,731 $2,667
2010 $17,435 $4,296 $21,731 $2,569
2009 $17,435 $4,296 $21,731 $2,296
2008 $19,832 $4,530 $24,362 $1,857
2007 $19,832 $4,530 $24,362 $1,813
2006 $19,832 $4,530 $24,362 $1,733

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,021 sqft
Lot size
3,907 sqft
ZIP code
60638
City
Chicago
Street
Merrimac Ave
Coordinates
41.79842, -87.77869

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,838
Gross rental yield
8.65%
Implied cap rate
5.62%
Trend-extrapolated value

Frequently asked questions

When did 5142 Merrimac Ave last sell?
5142 Merrimac Ave most recently sold on May 18, 2022 for $255,000.
What is the current tax assessment for 5142 Merrimac Ave?
The most recent total assessment for 5142 Merrimac Ave (year 2023) is $22,999 with $4,175 in property tax.
How does 5142 Merrimac Ave's assessment compare to its last sale price?
The current assessment is 91.0% below the last sale price of $255,000.
When was 5142 Merrimac Ave built?
5142 Merrimac Ave was built in 1957.
How does 5142 Merrimac Ave compare to others on Merrimac Ave?
We track 8 other properties on Merrimac Ave. Browse the list under "Other properties on Merrimac Ave" to compare beds, baths, and sale history.
What are the property facts for 5142 Merrimac Ave?
5142 Merrimac Ave is a 3 bed, 1 bath, 1,021 sqft, 3,907 sqft lot single_family.
Is 5142 Merrimac Ave a flip candidate?
No — 5142 Merrimac Ave does not appear in our flips dataset.
Is 5142 Merrimac Ave a tax-appeal candidate?
No — 5142 Merrimac 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
+4.8%
Implied 1-yr
+19.1%
2026 Q3
$442.4K
2026 Q4
$458.6K
ZIP 60638 — Median Price History + Forecast

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