8041 N Merrill St Niles, IL 60714
Oakton Manor NeighborhoodEstimated payment $1,771/month
About This Lot
Discover the perfect canvas for your dream home on this exceptional vacant lot! Nestled on a serene, tree-lined street brimming with character and charm, this property offers the ideal setting for your custom residence. Located in the highly acclaimed Park Ridge School District (Eugene Field/Emerson/Maine South), you can enjoy the benefits of a top-tier education alongside the affordability of Niles taxes. Measuring 50' x 125', this lot is primed and ready for development, complete with alley access for convenient garage placement. Its prime location ensures you're just moments away from top schools, shopping centers, entertainment options, and transportation hubs, providing everything you need at your fingertips. Don't miss this unique opportunity to create your dream home in a community that offers the best of both worlds!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,302
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50 x 125.64
- Property fronts an alley
- Additional Parcels
- Property is zoned SINGL
Schools
- Eugene Field Elementary School
- Emerson Middle School
- Maine South High School
Community Details
- No Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,151 | $4,158 | $4,158 | -- |
| 2023 | $1,076 | $4,158 | $4,158 | -- |
| 2022 | $1,076 | $4,158 | $4,158 | $0 |
| 2021 | $896 | $2,929 | $2,929 | $0 |
| 2020 | $837 | $2,929 | $2,929 | $0 |
| 2019 | $746 | $2,929 | $2,929 | $0 |
| 2018 | $716 | $2,551 | $2,551 | $0 |
| 2017 | $708 | $2,551 | $2,551 | $0 |
| 2016 | $668 | $2,551 | $2,551 | $0 |
| 2015 | $601 | $2,079 | $2,079 | $0 |
| 2014 | $585 | $2,079 | $2,079 | $0 |
| 2013 | $569 | $2,079 | $2,079 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2025 09/22/25 | For Sale | $299,000 | -14.6% | -- |
| 08/31/2020 08/31/20 | Sold | $350,000 | -12.5% | $220 / Sq Ft |
| 07/14/2020 07/14/20 | Pending | -- | -- | -- |
| 06/30/2020 06/30/20 | For Sale | $399,900 | -- | $252 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12461438
APN: 09-24-320-006-0000
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