240 Melba Ln
Highland Park, IL 60035
4 bd 4 ba 3,002 sqft Built 1963 Lot 11,992 sqft single_family
Most recent sale
$936,000
Apr 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2022 | Sold | $936,000 | MLS #11307242 |
| Jan 21, 2022 | Listed | $899,000 | MLS #11307242 |
| Apr 6, 2015 | Sold | $831,000 | MLS #08756884 |
| Jan 27, 2015 | Price changed | $854,900 | MLS #08756884 |
| Oct 20, 2014 | Listed | $849,000 | MLS #08756884 |
| May 15, 2014 | Sold | $565,000 | MLS #08533512 |
| Apr 9, 2014 | Price changed | $599,000 | MLS #08533512 |
| Mar 17, 2014 | Price changed | $625,000 | MLS #08533512 |
| Feb 10, 2014 | Listed | $665,000 | MLS #08533512 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $170,709 | $109,606 | $280,315 | $10,781 |
| 2023 | $160,940 | $103,334 | $264,274 | $20,195 |
| 2022 | $122,892 | $102,324 | $225,216 | $19,741 |
| 2021 | $118,794 | $98,912 | $217,706 | $18,196 |
| 2020 | $118,794 | $98,912 | $217,706 | $17,608 |
| 2019 | $118,238 | $98,449 | $216,687 | $17,015 |
| 2018 | $131,300 | $107,791 | $239,091 | $18,036 |
| 2017 | $130,543 | $107,169 | $237,712 | $17,481 |
| 2016 | $124,279 | $102,027 | $226,306 | $16,852 |
| 2015 | $115,469 | $94,794 | $210,263 | $16,456 |
| 2014 | $115,469 | $94,794 | $210,263 | $14,241 |
| 2013 | $92,698 | $84,407 | $177,105 | $14,012 |
| 2012 | $95,103 | $86,596 | $181,699 | $13,631 |
| 2011 | $116,570 | $91,670 | $208,240 | $13,746 |
| 2010 | $106,288 | $119,446 | $225,734 | $13,087 |
| 2009 | $112,641 | $126,585 | $239,226 | $14,082 |
| 2008 | $113,779 | $127,864 | $241,643 | $13,684 |
| 2007 | $155,010 | $122,066 | $277,076 | $15,538 |
| 2006 | $134,070 | $108,550 | $242,620 | $13,781 |
Property facts
Year built
1963
Property type
single_family
Stories
3
Beds
4
Baths
4
Living area
3,002 sqft
Lot size
11,992 sqft
ZIP code
60035
City
Highland Park
Street
Melba Ln
Coordinates
42.19596, -87.79871
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,404
Gross rental yield
6.93%
Implied cap rate
4.50%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Melba Ln last sell?
240 Melba Ln most recently sold on Apr 1, 2022 for $936,000.
What is the current tax assessment for 240 Melba Ln?
The most recent total assessment for 240 Melba Ln (year 2024) is $280,315 with $10,781 in property tax.
How does 240 Melba Ln's assessment compare to its last sale price?
The current assessment is 70.1% below the last sale price of $936,000.
When was 240 Melba Ln built?
240 Melba Ln was built in 1963.
How does 240 Melba Ln compare to others on Melba Ln?
We do not currently track other properties on Melba Ln.
What are the property facts for 240 Melba Ln?
240 Melba Ln is a 4 bed, 4 bath, 3,002 sqft, 11,992 sqft lot single_family.
Is 240 Melba Ln a flip candidate?
No — 240 Melba Ln does not appear in our flips dataset.
Is 240 Melba Ln a tax-appeal candidate?
No — 240 Melba Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.7%
Implied 1-yr
+2.7%
2026 Q3
$1.06M
2026 Q4
$1.06M
ZIP 60035 — Median Price History + Forecast
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Geography