1620 Melrose Ave
Round Lake Beach, IL 60073
3 bd 2 ba 1,080 sqft Built 1978 Lot 5,001 sqft single_family
Most recent sale
$225,000
Dec 4, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 4, 2023 | Sold | $225,000 | Public Record |
| Nov 3, 2023 | Sold | $225,000 | MRED |
| Sep 14, 2023 | Listed | $229,900 | MRED |
| Aug 16, 2018 | Sold | $170,000 | MRED |
| Jun 2, 2018 | Listed | $170,000 | MRED |
| Dec 4, 2015 | Sold | $65,100 | MRED |
| Sep 1, 2015 | Listed | $60,000 | MRED |
| May 20, 1993 | Sold | $86,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $46,176 | $6,841 | $53,017 | $5,195 |
| 2019 | $42,152 | $6,245 | $48,397 | $4,814 |
| 2018 | $32,302 | $5,881 | $38,183 | $4,258 |
| 2017 | $30,385 | $5,532 | $35,917 | $4,068 |
| 2016 | $28,049 | $5,107 | $33,156 | $3,879 |
| 2015 | $25,625 | $4,666 | $30,291 | $4,603 |
| 2014 | $25,625 | $4,666 | $30,291 | $4,286 |
| 2013 | $29,935 | $4,730 | $34,665 | $4,274 |
| 2012 | $33,737 | $5,331 | $39,068 | $4,281 |
| 2011 | $38,486 | $6,082 | $44,568 | $4,219 |
| 2010 | $46,793 | $6,540 | $53,333 | $4,430 |
| 2009 | $49,256 | $6,884 | $56,140 | $4,277 |
| 2008 | $46,444 | $6,826 | $53,270 | $4,002 |
| 2007 | $44,220 | $6,499 | $50,719 | $3,803 |
| 2006 | $40,369 | $7,250 | $47,619 | $3,716 |
Property facts
Year built
1978
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,080 sqft
Lot size
5,001 sqft
ZIP code
60073
City
Round Lake Beach
Street
Melrose Ave
Coordinates
42.37802, -88.08054
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,944
Gross rental yield
10.37%
Implied cap rate
6.74%
Trend-extrapolated value
—
Frequently asked questions
When did 1620 Melrose Ave last sell?
1620 Melrose Ave most recently sold on Dec 4, 2023 for $225,000.
What is the current tax assessment for 1620 Melrose Ave?
The most recent total assessment for 1620 Melrose Ave (year 2021) is $53,017 with $5,195 in property tax.
How does 1620 Melrose Ave's assessment compare to its last sale price?
The current assessment is 76.4% below the last sale price of $225,000.
When was 1620 Melrose Ave built?
1620 Melrose Ave was built in 1978.
How does 1620 Melrose Ave compare to others on Melrose Ave?
We track 8 other properties on Melrose Ave. Browse the list under "Other properties on Melrose Ave" to compare beds, baths, and sale history.
What are the property facts for 1620 Melrose Ave?
1620 Melrose Ave is a 3 bed, 2 bath, 1,080 sqft, 5,001 sqft lot single_family.
Is 1620 Melrose Ave a flip candidate?
No — 1620 Melrose Ave does not appear in our flips dataset.
Is 1620 Melrose Ave a tax-appeal candidate?
No — 1620 Melrose 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
+3.0%
Implied 1-yr
+11.9%
2026 Q3
$298.7K
2026 Q4
$306.2K
ZIP 60073 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Ave