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1240 W Melrose St; Chicago, IL Property Details

1240 W Melrose St, Chicago, IL is a Single Family that was built in 2024. This property is not for sale. Our records show that 1240 W Melrose St has 6 bedrooms, and 6 bathrooms, and a total of 3,895 square feet. The lot size of 1240 W Melrose St is 3,164 square feet.

Off market
1240 W Melrose St Chicago, IL 60657
$250,000 Estimated Value
6 Beds
6 Baths
3,895 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2024
  • Open Loans / Balance: 2 / $1,521,051
  • Est. Equity / %: $953,949 / 38.54%
  • APN: 14-20-327-065-0000
  • Situs County: Cook

Rooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full Bathrooms: 5
  • Total Rooms: 10
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 3
  • Building Quality: C
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 3,895/SqFt
  • Lot: 3,164/SqFt
  • Gross: 3,895/SqFt
  • Living: 3,895/SqFt
  • Building: 3,895/SqFt
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: 41.94097 / -87.66074
  • Subdivision: John P Altgelds Sub
  • Property Class: Residential
  • County Use Code: 2-08

Amenities

  • Plus Four: 3218
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Yes
  • Parking: 2

Ownership Info

1240 W Melrose St has no associated ownership info
1240 W Melrose St has no associated ownership info.

Taxes

1240 W Melrose St has 8 associated Taxes items

1240 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 $250,000. The APN we've located for 1240 W Melrose St is 14-20-327-065-0000.

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Taxes
  • Assessed Value:  $250,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  14-20-327-065-0000
  • Assessed Land Value:  58850
  • Market Land Value:  588500
  • Market Value:  2500000
  • Market Year:  2025

Tax History

1240 W Melrose St has 2 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $250,000 Land Value $58,850 Improvement Value $191,150 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $121,738 Land Value $58,850 Improvement Value $62,888 Tax Amount Change Rate Assessed CR Tax Rate