- Assessed Value: $113,000
- Assessed Year: 2025
- Assessed County: Cook
- APN: 14-20-331-054-0000
- Assessed Land Value: 54944
- Market Land Value: 549440
- Tax Amount: 20684
- Tax Year: 2023
- Market Value: 1130000
- Market Year: 2025
1243 W Melrose St; Chicago, IL Property Details
Off market
1243 W Melrose St Chicago, IL 60657
$1,200,000 Listing Price
3 Beds
2.5 Baths
1,944 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1994
- Purchase Price: $1,200,000
- Open Loans / Balance: 1 / $313,037
- Est. Equity / %: $1,402,963 / 81.76%
- Gross Yield: 7.082%
- APN: 14-20-331-054-0000
- Situs County: Cook
- Length Of Ownership: 5 years, 7 months
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Wood
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Water Source: Municipal
Measurements
- Total: 1,944/SqFt
- Lot: 2,954/SqFt
- Gross: 1,944/SqFt
- Living: 1,944/SqFt
- Building: 1,944/SqFt
- Price Per Square Foot: $617.28
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: 41.940495 / -87.6607
- Subdivision: Melrose Chicago Homes
- Property Class: Residential
- Zoning: RT-4
- County Use Code: 2-07
Amenities
- Plus Four: 3217
- Cooling: Central
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Yes
- Parking: 2
Ownership Info
1243 W Melrose St has no associated ownership info
1243 W Melrose St has no associated ownership info.
Taxes
1243 W Melrose St has 10 associated Taxes items
1243 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 $113,000. The APN we've located for 1243 W Melrose St is 14-20-331-054-0000.
Unlock the full reportTaxes
Tax History
1243 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 $113,000 | Land Value $54,944 | Improvement Value $58,056 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $113,000 | Land Value $54,944 | Improvement Value $58,056 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $20,684 | Change Rate -0.03305% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $104,000 | Land Value $44,310 | Improvement Value $59,690 | Tax Amount $21,390.97 | Change Rate +0.022833% | Assessed CR | Tax Rate +0.205682% |
| Year 2021 | Assessed Value $104,000 | Land Value $44,310 | Improvement Value $59,690 | Tax Amount $20,913.46 | Change Rate -0.001356% | Assessed CR | Tax Rate +0.201091% |
| Year 2020 | Assessed Value $99,591 | Land Value $18,905 | Improvement Value $80,686 | Tax Amount $20,941.85 | Change Rate -0.03712% | Assessed CR | Tax Rate +0.210279% |
| Year 2019 | Assessed Value $108,252 | Land Value $18,905 | Improvement Value $89,347 | Tax Amount $21,749.18 | Change Rate +0.05044% | Assessed CR | Tax Rate +0.200913% |
| Year 2018 | Assessed Value $108,252 | Land Value $18,905 | Improvement Value $89,347 | Tax Amount $20,704.83 | Change Rate +0.103946% | Assessed CR | Tax Rate +0.191265% |
| Year 2017 | Assessed Value $90,500 | Land Value $16,542 | Improvement Value $73,958 | Tax Amount $18,755.29 | Change Rate +0.06407% | Assessed CR | Tax Rate +0.207241% |
| Year 2016 | Assessed Value $90,500 | Land Value $16,542 | Improvement Value $73,958 | Tax Amount $17,626 | Change Rate +0.094575% | Assessed CR | Tax Rate +0.194762% |
| Year 2015 | Assessed Value $90,500 | Land Value $16,542 | Improvement Value $73,958 | Tax Amount $16,103.05 | Change Rate +0.04665% | Assessed CR | Tax Rate +0.177934% |
| Year 2014 | Assessed Value $85,491 | Land Value $13,588 | Improvement Value $71,903 | Tax Amount $15,385.33 | Change Rate +0.020895% | Assessed CR | Tax Rate +0.179964% |
| Year 2013 | Assessed Value $85,491 | Land Value $13,588 | Improvement Value $71,903 | Tax Amount $15,070.44 | Change Rate | Assessed CR | Tax Rate +0.176281% |