Taxes
- Assessed Value: $177,075
- Assessed Year: 2025
- Assessed County: Cook
- APN: 14-20-327-025-0000
- Assessed Land Value: 59055
- Market Land Value: 590550
- Tax Amount: 32324
- Tax Year: 2023
- Market Value: 1770750
- Market Year: 2025
1216 W Melrose St; Chicago, IL Property Details
Off market
1216 W Melrose St Chicago, IL 60657
$177,075 Estimated Value
5 Beds
3.5 Baths
3,372 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2003
- Purchase Price: $1,335,000
- Est. Equity / %: $2,557,000 / 100%
- Gross Yield: 2.778%
- APN: 14-20-327-025-0000
- Situs County: Cook
- Length Of Ownership: 17 years, 1 months
Rooms
- Bedrooms: 5
- Bathrooms: 3.5
- Full Bathrooms: 3
- Total Rooms: 10
- Partial Bathrooms: 1
Structure
- Building Style: Masonry
- Stories: 3
- Exterior Wall Type: Masonry
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 3,372/SqFt
- Lot: 3,175/SqFt
- Gross: 3,372/SqFt
- Living: 3,372/SqFt
- Building: 3,372/SqFt
- Price Per Square Foot: $395.91
Legal Description
- Description: JOHN P (ALTGELDS) SUB SEC 20-40-14
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Chicago Public School District 299
- Lat / Lon: 41.94094 / -87.65974
- Subdivision: Altgelds Sub
- Property Class: Residential
- Zoning: RT-4
- County Use Code: 2-78
Amenities
- Plus Four: 3218
- Cooling: Central
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Yes
- Parking: 3
Ownership Info
1216 W Melrose St has no associated ownership info
1216 W Melrose St has no associated ownership info.
Taxes
1216 W Melrose St has 10 associated Taxes items
1216 W Melrose St, Chicago, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $177,075. The APN we've located for 1216 W Melrose St is 14-20-327-025-0000.
Unlock the full reportTax History
1216 W Melrose St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $177,075 | Land Value $59,055 | Improvement Value $118,020 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $177,075 | Land Value $59,055 | Improvement Value $118,020 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $32,324 | Change Rate +0.00112% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $156,979 | Land Value $47,625 | Improvement Value $109,354 | Tax Amount $32,287.84 | Change Rate +0.045004% | Assessed CR | Tax Rate +0.205683% |
| Year 2021 | Assessed Value $156,979 | Land Value $47,625 | Improvement Value $109,354 | Tax Amount $30,897.35 | Change Rate +0.124573% | Assessed CR | Tax Rate +0.196825% |
| Year 2020 | Assessed Value $126,435 | Land Value $20,320 | Improvement Value $106,115 | Tax Amount $27,474.75 | Change Rate +0.020516% | Assessed CR | Tax Rate +0.217303% |
| Year 2019 | Assessed Value $137,430 | Land Value $20,320 | Improvement Value $117,110 | Tax Amount $26,922.4 | Change Rate -0.069061% | Assessed CR | Tax Rate +0.195899% |
| Year 2018 | Assessed Value $149,839 | Land Value $20,320 | Improvement Value $129,519 | Tax Amount $28,919.62 | Change Rate +0.228807% | Assessed CR | Tax Rate +0.193005% |
| Year 2017 | Assessed Value $112,702 | Land Value $17,780 | Improvement Value $94,922 | Tax Amount $23,534.72 | Change Rate +0.066234% | Assessed CR | Tax Rate +0.208823% |
| Year 2016 | Assessed Value $112,702 | Land Value $17,780 | Improvement Value $94,922 | Tax Amount $22,072.76 | Change Rate -0.101449% | Assessed CR | Tax Rate +0.195851% |
| Year 2015 | Assessed Value $136,677 | Land Value $17,780 | Improvement Value $118,897 | Tax Amount $24,564.84 | Change Rate +0.342373% | Assessed CR | Tax Rate +0.179729% |
| Year 2014 | Assessed Value $101,198 | Land Value $14,605 | Improvement Value $86,593 | Tax Amount $18,299.56 | Change Rate -0.144654% | Assessed CR | Tax Rate +0.180829% |
| Year 2013 | Assessed Value $120,262 | Land Value $14,605 | Improvement Value $105,657 | Tax Amount $21,394.34 | Change Rate | Assessed CR | Tax Rate +0.177898% |