1242 West Melrose Street

1242 West Melrose Street has been categorized by the local assessors in Chicago, IL as a commercial type of property. The building on the property was first built in 2000 and is 24 years old. The area measurement of the land has been determined as 304 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1242 West Melrose Street was last sold in Oct 13, 2015 for $1,350,000. Current property owners are expected to pay $979 in taxes per year. The property on 1242 West Melrose Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,632. To break that down further, the land itself was valued at $4,560. While improvements to the property were assessed at a total of $72. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.