$150,000

1418 N 24th Ave Melrose Park, IL 60160

Estimated payment $900/month

Total Views 16,452
0.13 Acre
$1,153,846 Price per Acre
5,663 Sq Ft Lot

About This Lot

VACANT LAND This parcel has been granted a variance to build up to a 4 unit building. One of the few remaining buildable lots in Melrose Park. If purchased to build a 4 unit residential building, ONLY the plans previously approved by the Village can be used and MUST be updated to current Village codes. Owner will provide plans once a contract has been signed and earnest money tendered. Owner is related to listing agent

Listing Agent

Christina Caliendo

Chris M. Caliendo, Realtor License #471009713 Listed on: 06/16/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,316

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 46 x 125
  • Property is zoned MULTI

Schools

  • Jane Addams Elementary School
  • Stevenson Elementary Middle School
  • Proviso East High School

Property Details

Property Type

Land

Est. Annual Taxes

$1,316

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Multi-Family
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
  • Water Source: Municipal Water

Schools

  • Elementary School: Jane Addams Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Stevenson Elementary School

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 46 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1316.03
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,345 $5,175 $5,175 --
2023 $1,373 $5,175 $5,175 --
2022 $1,373 $4,456 $4,456 $0
2021 $1,394 $4,456 $4,456 $0
2020 $1,355 $4,456 $4,456 $0
2019 $1,351 $4,168 $4,168 $0
2018 $1,346 $4,168 $4,168 $0
2017 $1,316 $4,168 $4,168 $0
2016 $1,244 $3,881 $3,881 $0
2015 $1,225 $3,881 $3,881 $0
2014 $1,187 $3,881 $3,881 $0
2013 $1,089 $3,881 $3,881 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2025 06/16/25 For Sale $150,000 +172.7% --
05/16/2018 05/16/18 Sold $55,000 -8.2% -- View Prior Sale
04/27/2018 04/27/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $59,900 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Greater Illinois Title Co
Administrators Deed $55,000 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $78,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12394772

Midwest Real Estate Data (MRED)

APN: 15-03-300-034-0000