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8317 Merrill St

Niles, IL 60714

3 bd 1 ba 1,235 sqft Built 1945 Lot 6,700 sqft single_family
Most recent sale
$395,000
Sep 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2023 Sold $457,000 MRED
Apr 21, 2023 Listed $435,000 MRED
May 5, 2022 Listing removed $425,000 MRED
Apr 9, 2022 Listed $425,000 MLS #11370919
Mar 29, 2022 Listing removed $424,000 MRED
Sep 9, 2021 Sold $395,000 MLS #11185944
Apr 8, 2021 Sold $290,000 Public Record
Aug 19, 2013 Sold $255,000 Public Record
Jul 16, 2013 Sold $255,000 MLS #08321788
Apr 20, 2013 Listed $264,900 MLS #08321788

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $27,630 $7,370 $35,000 $9,017
2022 $27,630 $7,370 $35,000 $8,469
2021 $22,586 $5,192 $27,778 $7,094
2020 $22,586 $5,192 $27,778 $6,771
2019 $25,673 $5,192 $30,865 $6,610
2018 $22,329 $4,522 $26,851 $6,244
2017 $22,329 $4,522 $26,851 $7,090
2016 $24,789 $4,522 $29,311 $7,222
2015 $20,526 $3,852 $24,378 $6,557
2014 $20,526 $3,852 $24,378 $6,326
2013 $22,104 $3,852 $25,956 $5,944
2012 $29,398 $4,522 $33,920 $6,998
2011 $29,398 $4,522 $33,920 $6,438
2010 $29,398 $4,522 $33,920 $5,848
2009 $28,884 $4,522 $33,406 $5,369
2008 $30,726 $7,236 $37,962 $4,942
2007 $30,726 $7,236 $37,962 $4,117
2006 $20,913 $6,164 $27,077 $4,249

Property facts

Year built
1945
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,235 sqft
Lot size
6,700 sqft
ZIP code
60714
City
Niles
Street
Merrill St
Coordinates
42.03284, -87.82194

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,223
Gross rental yield
6.75%
Implied cap rate
4.39%
Trend-extrapolated value

Frequently asked questions

When did 8317 Merrill St last sell?
8317 Merrill St most recently sold on Sep 9, 2021 for $395,000.
What is the current tax assessment for 8317 Merrill St?
The most recent total assessment for 8317 Merrill St (year 2023) is $35,000 with $9,017 in property tax.
How does 8317 Merrill St's assessment compare to its last sale price?
The current assessment is 91.1% below the last sale price of $395,000.
When was 8317 Merrill St built?
8317 Merrill St was built in 1945.
How does 8317 Merrill St compare to others on Merrill St?
We track 8 other properties on Merrill St. Browse the list under "Other properties on Merrill St" to compare beds, baths, and sale history.
What are the property facts for 8317 Merrill St?
8317 Merrill St is a 3 bed, 1 bath, 1,235 sqft, 6,700 sqft lot single_family.
Is 8317 Merrill St a flip candidate?
Yes — 8317 Merrill St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8317 Merrill St a tax-appeal candidate?
No — 8317 Merrill St 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
+2.4%
Implied 1-yr
+9.6%
2026 Q3
$446.3K
2026 Q4
$455.5K
ZIP 60714 — Median Price History + Forecast

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