1557 Melbourne St
Elburn, IL 60119
4 bd 4 ba 2,518 sqft Built 2004 Lot 9,583 sqft single_family
Most recent sale
$450,000
Aug 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 6, 2026 | Sold | $555,000 | MRED |
| Mar 9, 2026 | Listed | $555,000 | MRED |
| Oct 27, 2022 | Sold | $450,000 | Public Record |
| Aug 30, 2022 | Sold | $450,000 | MLS #11455655 |
| Jul 21, 2022 | Price changed | $460,000 | MLS #11455655 |
| Jul 7, 2022 | Listed | $474,900 | MLS #11455655 |
| Oct 1, 2020 | Sold | $381,000 | Public Record |
| Jul 30, 2020 | Sold | $381,000 | MLS #10673381 |
| Mar 20, 2020 | Listed | $395,000 | MLS #10673381 |
| May 4, 2004 | Sold | $326,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $135,061 | $20,387 | $155,448 | $11,930 |
| 2024 | $135,061 | $20,387 | $155,448 | $11,498 |
| 2023 | $124,034 | $18,723 | $142,757 | $11,081 |
| 2022 | $100,313 | $15,508 | $115,821 | $10,376 |
| 2021 | $94,943 | $14,843 | $109,786 | $9,962 |
| 2020 | $89,319 | $14,495 | $103,814 | $9,452 |
| 2019 | $88,008 | $14,282 | $102,290 | $9,457 |
| 2018 | $89,637 | $14,282 | $103,919 | $9,516 |
| 2017 | $88,618 | $14,120 | $102,738 | $9,518 |
| 2016 | $87,825 | $13,747 | $101,572 | $9,674 |
| 2015 | $83,373 | $9,285 | $92,658 | $9,154 |
| 2014 | $71,270 | $15,216 | $86,486 | $8,895 |
| 2013 | $71,270 | $15,216 | $86,486 | $8,721 |
| 2012 | $77,048 | $15,216 | $92,264 | $8,554 |
| 2011 | $84,299 | $20,667 | $104,966 | $8,828 |
| 2009 | $89,567 | $37,500 | $127,067 | $9,057 |
| 2008 | $93,719 | $22,844 | $116,563 | $8,158 |
| 2007 | $91,693 | $22,350 | $114,043 | $8,006 |
| 2006 | $88,285 | $21,519 | $109,804 | $7,639 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,518 sqft
Lot size
9,583 sqft
ZIP code
60119
City
Elburn
Street
Melbourne St
Coordinates
41.87206, -88.45706
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
$4,532
Gross rental yield
12.09%
Implied cap rate
7.86%
Trend-extrapolated value
—
Frequently asked questions
When did 1557 Melbourne St last sell?
1557 Melbourne St most recently sold on Aug 30, 2022 for $450,000.
What is the current tax assessment for 1557 Melbourne St?
The most recent total assessment for 1557 Melbourne St (year 2025) is $155,448 with $11,930 in property tax.
How does 1557 Melbourne St's assessment compare to its last sale price?
The current assessment is 65.5% below the last sale price of $450,000.
When was 1557 Melbourne St built?
1557 Melbourne St was built in 2004.
How does 1557 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 1557 Melbourne St?
1557 Melbourne St is a 4 bed, 4 bath, 2,518 sqft, 9,583 sqft lot single_family.
Is 1557 Melbourne St a flip candidate?
No — 1557 Melbourne St does not appear in our flips dataset.
Is 1557 Melbourne St a tax-appeal candidate?
No — 1557 Melbourne St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+9.5%
Implied 1-yr
+38.2%
2026 Q3
$815.1K
2026 Q4
$863.1K
ZIP 60119 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melbourne St