Taxes
- Assessed Value: $113,926
- Assessed Year: 2025
- Assessed County: Cook
- APN: 14-20-331-055-0000
- Assessed Land Value: 54944
- Market Land Value: 549440
- Tax Amount: 21065
- Tax Year: 2023
- Market Value: 1139260
- Market Year: 2025
1245 W Melrose St; Chicago, IL Property Details
Off market
1245 W Melrose St Chicago, IL 60657
$113,926 Estimated Value
3 Beds
2.5 Baths
1,970 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1996
- Purchase Price: $900,000
- Open Loans / Balance: 1 / $313,271
- Est. Equity / %: $1,427,729 / 82.01%
- Gross Yield: 6.464%
- APN: 14-20-331-055-0000
- Situs County: Cook
- Length Of Ownership: 14 years
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
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,970/SqFt
- Lot: 2,954/SqFt
- Gross: 1,970/SqFt
- Living: 1,970/SqFt
- Building: 1,970/SqFt
- Price Per Square Foot: $456.85
Legal Description
- Description: (MELROSE) (CHICAGO) (HOME LOT 3
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: 41.9405 / -87.66079
- 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
1245 W Melrose St has no associated ownership info
1245 W Melrose St has no associated ownership info.
Taxes
1245 W Melrose St has 10 associated Taxes items
1245 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 $113,926. The APN we've located for 1245 W Melrose St is 14-20-331-055-0000.
Unlock the full reportTax History
1245 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 $113,926 | Land Value $54,944 | Improvement Value $58,982 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $113,926 | Land Value $54,944 | Improvement Value $58,982 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $21,065 | Change Rate +0.026888% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $103,154 | Land Value $44,310 | Improvement Value $58,844 | Tax Amount $20,513.43 | Change Rate +0.003353% | Assessed CR | Tax Rate +0.198862% |
| Year 2021 | Assessed Value $105,000 | Land Value $44,310 | Improvement Value $60,690 | Tax Amount $20,444.87 | Change Rate -0.000027% | Assessed CR | Tax Rate +0.194713% |
| Year 2020 | Assessed Value $94,881 | Land Value $18,905 | Improvement Value $75,976 | Tax Amount $20,445.43 | Change Rate +0.020664% | Assessed CR | Tax Rate +0.215485% |
| Year 2019 | Assessed Value $103,132 | Land Value $18,905 | Improvement Value $84,227 | Tax Amount $20,031.5 | Change Rate -0.024563% | Assessed CR | Tax Rate +0.194232% |
| Year 2018 | Assessed Value $107,397 | Land Value $18,905 | Improvement Value $88,492 | Tax Amount $20,535.93 | Change Rate +0.082664% | Assessed CR | Tax Rate +0.191215% |
| Year 2017 | Assessed Value $91,488 | Land Value $16,542 | Improvement Value $74,946 | Tax Amount $18,967.97 | Change Rate +0.06419% | Assessed CR | Tax Rate +0.207327% |
| Year 2016 | Assessed Value $91,488 | Land Value $16,542 | Improvement Value $74,946 | Tax Amount $17,823.85 | Change Rate +0.003161% | Assessed CR | Tax Rate +0.194822% |
| Year 2015 | Assessed Value $99,584 | Land Value $16,542 | Improvement Value $83,042 | Tax Amount $17,767.68 | Change Rate +0.153554% | Assessed CR | Tax Rate +0.178419% |
| Year 2014 | Assessed Value $85,584 | Land Value $13,588 | Improvement Value $71,996 | Tax Amount $15,402.56 | Change Rate -0.010471% | Assessed CR | Tax Rate +0.17997% |
| Year 2013 | Assessed Value $85,584 | Land Value $13,588 | Improvement Value $71,996 | Tax Amount $15,565.55 | Change Rate | Assessed CR | Tax Rate +0.181875% |