Taxes
- Assessed Value: $175,270
- Assessed Year: 2025
- Assessed County: Cook
- APN: 14-20-327-023-0000
- Assessed Land Value: 59055
- Market Land Value: 590550
- Tax Amount: 29208
- Tax Year: 2023
- Market Value: 1752700
- Market Year: 2025
1220 W Melrose St; Chicago, IL Property Details
Off market
1220 W Melrose St Chicago, IL 60657
$1,417,500 Listing Price
4 Beds
4.5 Baths
2,996 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Trust
- Owner Status: Trust
- Year Built: 1999
- Purchase Price: $1,417,500
- Est. Equity / %: $2,130,000 / 100%
- Gross Yield: 8.625%
- APN: 14-20-327-023-0000
- Situs County: Cook
- Length Of Ownership: 7 years
Rooms
- Bedrooms: 4
- Bathrooms: 4.5
- Full Bathrooms: 4
- Total Rooms: 10
- Partial Bathrooms: 1
Structure
- Building Style: Masonry
- Stories: 3
- Exterior Wall Type: Masonry
- Building Condition: Average
- Building Quality: A
- Roof Cover Type: Asphalt
Measurements
- Total: 2,996/SqFt
- Lot: 3,175/SqFt
- Gross: 2,996/SqFt
- Living: 2,996/SqFt
- Building: 2,996/SqFt
- Price Per Square Foot: $473.13
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: 41.940945 / -87.65992
- 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: 2
Ownership Info
1220 W Melrose St has no associated ownership info
1220 W Melrose St has no associated ownership info.
Taxes
1220 W Melrose St has 10 associated Taxes items
1220 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 $175,270. The APN we've located for 1220 W Melrose St is 14-20-327-023-0000.
Unlock the full reportTax History
1220 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 $175,270 | Land Value $59,055 | Improvement Value $116,215 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $175,270 | Land Value $59,055 | Improvement Value $116,215 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $29,208 | Change Rate +0.026574% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $141,750 | Land Value $47,625 | Improvement Value $94,125 | Tax Amount $28,451.93 | Change Rate +0.022166% | Assessed CR | Tax Rate +0.200719% |
| Year 2021 | Assessed Value $141,750 | Land Value $47,625 | Improvement Value $94,125 | Tax Amount $27,834.94 | Change Rate -0.033347% | Assessed CR | Tax Rate +0.196366% |
| Year 2020 | Assessed Value $129,260 | Land Value $20,320 | Improvement Value $108,940 | Tax Amount $28,795.17 | Change Rate +0.020086% | Assessed CR | Tax Rate +0.222769% |
| Year 2019 | Assessed Value $140,500 | Land Value $20,320 | Improvement Value $120,180 | Tax Amount $28,228.19 | Change Rate +0.042598% | Assessed CR | Tax Rate +0.200912% |
| Year 2018 | Assessed Value $140,500 | Land Value $20,320 | Improvement Value $120,180 | Tax Amount $27,074.85 | Change Rate +0.221481% | Assessed CR | Tax Rate +0.192704% |
| Year 2017 | Assessed Value $106,342 | Land Value $17,780 | Improvement Value $88,562 | Tax Amount $22,165.59 | Change Rate -0.142977% | Assessed CR | Tax Rate +0.208437% |
| Year 2016 | Assessed Value $131,628 | Land Value $17,780 | Improvement Value $113,848 | Tax Amount $25,863.47 | Change Rate -0.017685% | Assessed CR | Tax Rate +0.196489% |
| Year 2015 | Assessed Value $146,305 | Land Value $17,780 | Improvement Value $128,525 | Tax Amount $26,329.11 | Change Rate +0.315064% | Assessed CR | Tax Rate +0.17996% |
| Year 2014 | Assessed Value $110,477 | Land Value $14,605 | Improvement Value $95,872 | Tax Amount $20,021.17 | Change Rate +0.020721% | Assessed CR | Tax Rate +0.181225% |
| Year 2013 | Assessed Value $110,477 | Land Value $14,605 | Improvement Value $95,872 | Tax Amount $19,614.74 | Change Rate | Assessed CR | Tax Rate +0.177546% |