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1077 Melody Rd

Lake Forest, IL 60045

6 bd 6 ba 6,744 sqft Built 1987 Lot 80,020 sqft single_family
Most recent sale
$1,275,000
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 11, 2022 Sold $1,275,000 MLS #11493444
Sep 6, 2022 Price changed $1,449,000 MLS #11493444
Aug 16, 2022 Listed $1,499,000 MLS #11493444

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $381,574 $176,034 $557,608 $29,569
2023 $343,589 $158,510 $502,099 $28,648
2022 $313,843 $144,787 $458,630 $27,353
2021 $311,136 $143,538 $454,674 $26,592
2020 $312,857 $144,332 $457,189 $25,998
2019 $307,114 $141,683 $448,797 $24,724
2018 $310,365 $176,882 $487,247 $25,535
2017 $305,177 $173,925 $479,102 $24,716
2016 $290,479 $165,548 $456,027 $23,706
2015 $242,551 $155,883 $398,434 $21,726
2014 $242,551 $155,883 $398,434 $20,985
2013 $238,865 $139,952 $378,817 $20,718
2012 $249,986 $146,468 $396,454 $20,310
2011 $266,056 $155,883 $421,939 $19,815
2010 $278,903 $192,697 $471,600 $20,448
2009 $304,579 $210,437 $515,016 $19,482
2008 $310,668 $214,644 $525,312 $19,169
2007 $302,324 $208,879 $511,203 $18,175
2006 $417,371 $206,419 $623,790 $22,789

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
6
Baths
6
Living area
6,744 sqft
Lot size
80,020 sqft
ZIP code
60045
City
Lake Forest
Street
Melody Rd
Coordinates
42.24295, -87.87369

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$12,139
Gross rental yield
11.42%
Implied cap rate
7.43%
Trend-extrapolated value

Frequently asked questions

When did 1077 Melody Rd last sell?
1077 Melody Rd most recently sold on Oct 11, 2022 for $1,275,000.
What is the current tax assessment for 1077 Melody Rd?
The most recent total assessment for 1077 Melody Rd (year 2024) is $557,608 with $29,569 in property tax.
How does 1077 Melody Rd's assessment compare to its last sale price?
The current assessment is 56.3% below the last sale price of $1,275,000.
When was 1077 Melody Rd built?
1077 Melody Rd was built in 1987.
How does 1077 Melody Rd compare to others on Melody Rd?
We track 2 other properties on Melody Rd. Browse the list under "Other properties on Melody Rd" to compare beds, baths, and sale history.
What are the property facts for 1077 Melody Rd?
1077 Melody Rd is a 6 bed, 6 bath, 6,744 sqft, 80,020 sqft lot single_family.
Is 1077 Melody Rd a flip candidate?
No — 1077 Melody Rd does not appear in our flips dataset.
Is 1077 Melody Rd a tax-appeal candidate?
No — 1077 Melody Rd 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
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$1.19M
2026 Q4
$1.19M
ZIP 60045 — Median Price History + Forecast

Explore nearby

Other properties on Melody Rd