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1435 Merrimac Ln

Hanover Park, IL 60133

2 bd 1 ba 890 sqft Built 1980 Lot 3,600 sqft townhomes
Most recent sale
$222,500
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 21, 2025 Sold $250,000 MRED
Jan 15, 2025 Listed $250,000 MRED
Jan 20, 2024 Listing removed $250,000 MRED
Jan 10, 2024 Listed $250,000 MRED
Sep 16, 2022 Sold $222,500 MRED
Jul 29, 2022 Listed $225,000 MRED
Nov 2, 1992 Sold $84,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $41,892 $20,077 $61,969 $4,998
2022 $30,270 $18,240 $48,510 $4,271
2021 $28,760 $17,330 $46,090 $4,093
2020 $28,060 $16,910 $44,970 $4,022
2019 $26,960 $16,250 $43,210 $3,864
2018 $23,350 $13,360 $36,710 $3,323
2017 $21,640 $12,380 $34,020 $3,144
2016 $20,030 $11,460 $31,490 $2,962
2015 $18,690 $10,690 $29,380 $2,918
2014 $21,350 $11,210 $32,560 $3,300
2013 $16,750 $11,590 $28,340 $2,680
2012 $15,970 $12,370 $28,340 $2,461
2011 $28,930 $15,180 $44,110 $3,630
2010 $30,170 $15,830 $46,000 $3,552
2008 $32,400 $17,000 $49,400 $3,452
2007 $30,770 $16,140 $46,910 $3,311
2006 $30,450 $15,970 $46,420 $3,327

Property facts

Year built
1980
Property type
townhomes
Stories
1
Beds
2
Baths
1
Living area
890 sqft
Lot size
3,600 sqft
ZIP code
60133
City
Hanover Park
Street
Merrimac Ln
Coordinates
41.93937, -88.14334

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,602
Gross rental yield
8.64%
Implied cap rate
5.62%
Trend-extrapolated value

Frequently asked questions

When did 1435 Merrimac Ln last sell?
1435 Merrimac Ln most recently sold on Sep 16, 2022 for $222,500.
What is the current tax assessment for 1435 Merrimac Ln?
The most recent total assessment for 1435 Merrimac Ln (year 2024) is $61,969 with $4,998 in property tax.
How does 1435 Merrimac Ln's assessment compare to its last sale price?
The current assessment is 72.1% below the last sale price of $222,500.
When was 1435 Merrimac Ln built?
1435 Merrimac Ln was built in 1980.
How does 1435 Merrimac Ln compare to others on Merrimac Ln?
We track 8 other properties on Merrimac Ln. Browse the list under "Other properties on Merrimac Ln" to compare beds, baths, and sale history.
What are the property facts for 1435 Merrimac Ln?
1435 Merrimac Ln is a 2 bed, 1 bath, 890 sqft, 3,600 sqft lot townhomes.
Is 1435 Merrimac Ln a flip candidate?
No — 1435 Merrimac Ln does not appear in our flips dataset.
Is 1435 Merrimac Ln a tax-appeal candidate?
No — 1435 Merrimac Ln 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
+2.2%
Implied 1-yr
+8.8%
2026 Q3
$353.6K
2026 Q4
$360.4K
ZIP 60133 — Median Price History + Forecast

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