1580 Lee Ave
Melrose Park, IL 60160
3 bd 3 ba 1,918 sqft Built 1958 Lot 6,499 sqft single_family
Most recent sale
$390,000
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2022 | Sold | $390,000 | MLS #11356252 |
| Mar 24, 2022 | Listed | $399,000 | MLS #11356252 |
| Sep 2, 1994 | Sold | $157,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $29,019 | $4,550 | $33,569 | $7,861 |
| 2022 | $19,812 | $3,900 | $23,712 | $5,409 |
| 2021 | $19,812 | $3,900 | $23,712 | $5,543 |
| 2020 | $19,812 | $3,900 | $23,712 | $5,513 |
| 2019 | $18,943 | $3,575 | $22,518 | $5,298 |
| 2018 | $18,943 | $3,575 | $22,518 | $5,275 |
| 2017 | $18,943 | $3,575 | $22,518 | $5,191 |
| 2016 | $16,043 | $3,250 | $19,293 | $4,514 |
| 2015 | $16,043 | $3,250 | $19,293 | $4,668 |
| 2014 | $16,043 | $3,250 | $19,293 | $4,552 |
| 2013 | $18,601 | $3,250 | $21,851 | $4,868 |
| 2012 | $18,601 | $3,250 | $21,851 | $4,766 |
| 2011 | $18,601 | $3,250 | $21,851 | $4,851 |
| 2010 | $24,148 | $3,250 | $27,398 | $4,586 |
| 2009 | $28,456 | $3,250 | $31,706 | $5,128 |
| 2008 | $28,175 | $5,200 | $33,375 | $4,446 |
| 2007 | $24,714 | $4,160 | $28,874 | $4,398 |
| 2006 | $24,714 | $4,160 | $28,874 | $4,292 |
Property facts
Year built
1958
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
1,918 sqft
Lot size
6,499 sqft
ZIP code
60160
City
Melrose Park
Street
Lee Ave
Coordinates
41.90235, -87.84406
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,452
Gross rental yield
10.62%
Implied cap rate
6.90%
Trend-extrapolated value
—
Frequently asked questions
When did 1580 Lee Ave last sell?
1580 Lee Ave most recently sold on May 23, 2022 for $390,000.
What is the current tax assessment for 1580 Lee Ave?
The most recent total assessment for 1580 Lee Ave (year 2023) is $33,569 with $7,861 in property tax.
How does 1580 Lee Ave's assessment compare to its last sale price?
The current assessment is 91.4% below the last sale price of $390,000.
When was 1580 Lee Ave built?
1580 Lee Ave was built in 1958.
How does 1580 Lee Ave compare to others on Lee Ave?
We track 1 other property on Lee Ave. Browse the list under "Other properties on Lee Ave" to compare beds, baths, and sale history.
What are the property facts for 1580 Lee Ave?
1580 Lee Ave is a 3 bed, 3 bath, 1,918 sqft, 6,499 sqft lot single_family.
Is 1580 Lee Ave a flip candidate?
No — 1580 Lee Ave does not appear in our flips dataset.
Is 1580 Lee Ave a tax-appeal candidate?
No — 1580 Lee Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.0%
Implied 1-yr
+16.1%
2026 Q2
$411.3K
2026 Q3
$424.5K
ZIP 60160 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lee Ave