When was property at 548 North Melrose Avenue built and last sold?

The property at 548 North Melrose Avenue was built in 1956 and last sold on Mar 25, 2022 for $200,640.

How much is this home worth?

The estimated value of the home located at 548 North Melrose Avenue is $0.

What are some comparable homes to 548 North Melrose Avenue?

There are currently no comparable homes to 548 North Melrose Avenue.

Elgin

60123

Northwest Elgin

548 N Melrose Avenue

$200,640

● House - Off Market

548 N Melrose Avenue

Elgin, IL 60123

3 Beds

2 Baths

1,392 Ft²

$182,927

RealtyHop Estimate

2.98%

Since Apr 1, 2022

National-US

Primary Model

About This Property

Opportunity to own in great community nearby Wing Park, Gail Borden Library, The Centre of Elgin, Hemmens Auditorium & Fox River Bike Trail! The list price is not indicative of seller's final reserve amount. This property is part of an online bidding event. Inspections of this property and contact with occupants are strictly prohibited. Property is sold "as is" and no for sale sign allowed.

Unit Size

1,392 Ft²

Days on Market

Land Size

Price per sqft

$128

Property Type

House

Property Taxes

$446

HOA Dues

Year Built

1956

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11255919)

Price History

Date / Event	Date	Event
Mar 31, 2022	Sold	Premium
Sold
Oct 26, 2021	Listed by Tanis Group Realty	$177,639
Listed by Tanis Group Realty

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1956

Effective Year Built: 1956
Building Count: 1
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 8
Basement Area: 1,212
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 13,068

Lot Size Depth Feet: 1,320
Lot Size Frontage Feet: 990
Total Building Area: 2,604
Gross Building Area: 2,604
Building Area: 1,392
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 0
Heated Square Feet: 1,392
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: WING PARK MANOR
Land Acres: 0000000300
Standard Land Use Code: 1001
County Land Use Code: 0040
State Land Use Code: 0040
Legal Description 1: WING PARK MANOR LOT 6 BLOCK 2

Neighborhood

School District Name: School District U-46

Census Tract: 851102

Geography

Parcel: 06-10-454-017

Block: 2
Lot: 6
Municipality: ELGIN
Latitude: 42.0468
Longitude: -88.3083

Address

Full Address: 548 N Melrose Ave

Address - House Number: 548
Street Direction: N
Address - Street Name: Melrose
Address - Suffix Type: Ave
State: IL
City Name: Elgin
Carrier Code: C084
4-Digit Zip Code: 3336
Zip Code: 60123

Valuation

Tax

Tax Year: 2022

Tax Amount: $582,068
Initial Tax Delinquent Year: 2021
Tax Rate Code Area: EL005

Appraisal Valuation

Standard Deviation: 0.1648

Valuation Date: Nov 29, 2023
Confidence Score: 79
Final Value: 277,016
High Value: 322,686
Low Value: 231,345

Market Valuation

Market Total Value: $234,475

Market Land Value: $69,016
Market Improvement Value: $165,459

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $78,127
Assessed Land Value: $22,996
Assessed Improvements Value: $55,131

Sales

Current Sale Contract Date: Mar 25, 2022

Current Sale Recording Date: Apr 11, 2022
Current Sale Price:

Premium
Current Sale Document Type: 68
Current Sale Input Document Number: 19646
Previous Sale Recording Date: Mar 23, 2022
Previous Sale Contract Date: Mar 09, 2022
Previous Sale Amount: $223,898
Previous Sale Document Type: 64

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Northwest Elgin

Stats & Trends

Median Asking:

$370,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

Average Home Size

1570 ft²

Average Home Age

45.3 years

Currently For Sale

37 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1990 Larkin Avenue, Elgin, IL, 60123

$2,200 /mo

2 Beds
2 Baths
1,175 ft²

1990 Larkin Avenue #14, Elgin, IL, 60123 Listing by William Gallos

Unit for rent at 113 Elm Street, Elgin, IL, 60123

$1,900 /mo

2 Beds
1 Bath
858 ft²

113 Elm Street #B, Elgin, IL, 60123 Listing by Natalie Kofie

Unit for rent at 40 Dupage Court, Elgin, IL, 60120

$2,050 /mo

2 Beds
2 Baths
969 ft²

40 Dupage Court #209, Elgin, IL, 60120 Listing by Andrew Stoll

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Joseph Mueller, Tanis Group Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11255919

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

548 N Melrose Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Northwest Elgin

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions