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1540 Melbourne St

Elburn, IL 60119

4 bd 3 ba 2,751 sqft Built 2006 single_family
Most recent sale
$435,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $435,000 MLS #11409603
May 19, 2022 Listed $450,000 MLS #11409603
Jan 11, 2006 Sold $390,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $139,325 $18,690 $158,015 $11,769
2023 $127,950 $17,164 $145,114 $11,344
2022 $100,768 $14,217 $114,985 $10,366
2021 $96,447 $13,607 $110,054 $9,987
2020 $94,187 $13,288 $107,475 $9,806
2019 $92,804 $13,093 $105,897 $9,812
2018 $94,478 $13,093 $107,571 $10,173
2017 $93,404 $12,944 $106,348 $10,176
2016 $92,938 $12,602 $105,540 $10,381
2015 $88,378 $8,711 $97,089 $9,931
2014 $77,904 $11,167 $89,071 $9,180
2013 $77,904 $11,167 $89,071 $9,001
2012 $83,905 $11,167 $95,072 $8,833
2011 $91,517 $15,167 $106,684 $8,981
2009 $94,074 $32,000 $126,074 $8,983
2008 $120,836 $22,844 $143,680 $9,932
2007 $118,223 $22,350 $140,573 $9,749
2006 $109,619 $21,519 $131,138 $9,195

Property facts

Year built
2006
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,751 sqft
Lot size
ZIP code
60119
City
Elburn
Street
Melbourne St
Coordinates
41.87236, -88.45766

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,952
Gross rental yield
13.66%
Implied cap rate
8.88%
Trend-extrapolated value

Frequently asked questions

When did 1540 Melbourne St last sell?
1540 Melbourne St most recently sold on Jul 8, 2022 for $435,000.
What is the current tax assessment for 1540 Melbourne St?
The most recent total assessment for 1540 Melbourne St (year 2024) is $158,015 with $11,769 in property tax.
How does 1540 Melbourne St's assessment compare to its last sale price?
The current assessment is 63.7% below the last sale price of $435,000.
When was 1540 Melbourne St built?
1540 Melbourne St was built in 2006.
How does 1540 Melbourne St compare to others on Melbourne St?
We track 8 other properties on Melbourne St. Browse the list under "Other properties on Melbourne St" to compare beds, baths, and sale history.
What are the property facts for 1540 Melbourne St?
1540 Melbourne St is a 4 bed, 3 bath, 2,751 sqft single_family.
Is 1540 Melbourne St a flip candidate?
No — 1540 Melbourne St does not appear in our flips dataset.
Is 1540 Melbourne St a tax-appeal candidate?
No — 1540 Melbourne St 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
+9.5%
Implied 1-yr
+38.2%
2026 Q3
$815.1K
2026 Q4
$863.1K
ZIP 60119 — Median Price History + Forecast

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