578 Merle Ln
Wheeling, IL 60090
3 bd 1 ba 920 sqft Built 1957 Lot 6,604 sqft single_family
Most recent sale
$257,500
Apr 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 18, 2022 | Sold | $257,500 | MLS #11355377 |
| Oct 9, 2003 | Sold | $194,000 | Public Record |
| Apr 1, 1986 | Sold | $69,600 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $15,067 | $3,932 | $18,999 | $6,367 |
| 2022 | $15,067 | $3,932 | $18,999 | $4,104 |
| 2021 | $12,292 | $3,025 | $15,317 | $4,441 |
| 2020 | $12,292 | $3,025 | $15,317 | $4,407 |
| 2019 | $14,128 | $3,025 | $17,153 | $4,496 |
| 2018 | $10,976 | $2,571 | $13,547 | $3,690 |
| 2017 | $10,976 | $2,571 | $13,547 | $3,636 |
| 2016 | $10,976 | $2,571 | $13,547 | $3,686 |
| 2015 | $10,071 | $2,268 | $12,339 | $3,462 |
| 2014 | $10,071 | $2,268 | $12,339 | $3,396 |
| 2013 | $10,071 | $2,268 | $12,339 | $3,115 |
| 2012 | $12,833 | $2,571 | $15,404 | $3,854 |
| 2011 | $12,833 | $2,571 | $15,404 | $3,802 |
| 2010 | $12,833 | $2,571 | $15,404 | $3,775 |
| 2009 | $16,305 | $2,722 | $19,027 | $3,292 |
| 2008 | $16,103 | $4,356 | $20,459 | $2,986 |
| 2007 | $16,103 | $4,356 | $20,459 | $2,805 |
| 2006 | $13,899 | $3,629 | $17,528 | $2,915 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
920 sqft
Lot size
6,604 sqft
ZIP code
60090
City
Wheeling
Street
Merle Ln
Coordinates
42.12873, -87.93268
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
$1,656
Gross rental yield
7.72%
Implied cap rate
5.02%
Trend-extrapolated value
—
Frequently asked questions
When did 578 Merle Ln last sell?
578 Merle Ln most recently sold on Apr 18, 2022 for $257,500.
What is the current tax assessment for 578 Merle Ln?
The most recent total assessment for 578 Merle Ln (year 2023) is $18,999 with $6,367 in property tax.
How does 578 Merle Ln's assessment compare to its last sale price?
The current assessment is 92.6% below the last sale price of $257,500.
When was 578 Merle Ln built?
578 Merle Ln was built in 1957.
How does 578 Merle Ln compare to others on Merle Ln?
We track 8 other properties on Merle Ln. Browse the list under "Other properties on Merle Ln" to compare beds, baths, and sale history.
What are the property facts for 578 Merle Ln?
578 Merle Ln is a 3 bed, 1 bath, 920 sqft, 6,604 sqft lot single_family.
Is 578 Merle Ln a flip candidate?
No — 578 Merle Ln does not appear in our flips dataset.
Is 578 Merle Ln a tax-appeal candidate?
No — 578 Merle 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
+3.5%
Implied 1-yr
+14.0%
2026 Q3
$362.5K
2026 Q4
$372.9K
ZIP 60090 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Merle Ln