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Residential > House
Sold
05/03/2016
Sold Price
$185,000$142/ft²

4940 Melrose St
Chicago, IL 60641

  • 3
    Beds
  • 1
    Bath
  • 1,304
    ft²
    Living Area
  • 3,500
    ft²
    Lot Size
  • -
    Pool
  • 1
    Car
  • 1922
    Year Built
  • -
    DOM
  • 1
    Permit
4940 Melrose St, Chicago, IL 60641 is a 3 bed, 1 bath, 1,304 ft² house built in 1922 on a 0.080 acre lot with 1 construction permit. This house is currently off market, and it was last sold in 2016 for $185,000. The latest TopHap estimate of the house's value is $241,185.

    Property Valuations

    Latest estimates for 4940 Melrose St based on TopHap automated valuation model (AVM).

    • TopHap Estimate

      $241,185

      $184/ft²

      +$56K above Sold Price

      Updated 9 months ago

      • 4940 Melrose St is valued at $241,185 by TopHap AVM 9 months ago.

    • Last Sold Price

      $185,000

      $142/ft²

      8 years ago

      • 4940 Melrose St was last sold in 2016 for $185,000.

    Permits

    4940 Melrose St has 1 permit records.

    Permit History
    1
    Permits

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$3,756.51
      From latest Total Assessed Value17.08%
      Total Assessed Value$22,000
      =
      Land
      Assessed Value      $8,750
      +
      Additions
      Assessed Value      $13,250

      • In 2021, taxes billed for 4940 Melrose St were $3,756.51, which is 17.08% from latest Total Assessed Value of $22,000.

    Property History

    4940 Melrose St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 4940 Melrose St

    • Hazard Risks

      Tornado
      212
      Wind
      197
      Hail
      159
      Particulates
      155
      Ozone
      125
      Air Pollution
      121
      Weather
      111
      Nat'l Avg
      100
      Carb Mono
      97
      Lead
      57
      Earthquake
      44
      Hurricane
      10

      • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 4940 Melrose St.

      Walkability Index

      15 /20

      Very Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      4940 Melrose St has a walkability score of 15 out of 20, which means that it is in a very walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      26 °F

      Low

      19°F

      High

      34°F

      Summer
      Average

      71 °F

      Low

      62°F

      High

      81°F

      In the winter at 4940 Melrose St, temperatures range from 18.78°F to 33.54°F with an average of 26.16°F. In the summer, the temperature ranges from 61.76°F to 81.17°F with and average of 71.47°F.

    School Information

    Public/private schools serving 4940 Melrose St

      Public Schools

      Falconer Elementary School
      Grades: PK-6
      0.31  mi
      B-
      Foreman High School
      Grades: 9-12
      0.15  mi
      D-
      Kelvyn Park High School
      Grades: 7-12
      1.16  mi
      F
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 4940 Melrose St have ratings undefined, undefined, and undefined.

    Neighborhood

    This property is located in Portage Park, Chicago, IL 60641.

    • Region

      • Boundary map of Portage Park.

      Crime Index for 60641

      89

      Below national average
      89

      The crime index in 60641 is 89, which is 0.9 times lower than national average.

    • Seasonal Housing units 60641

      8%

      of housing is for seasonal rent.

      Daytime Population for 60641

      -16%

      of people during work hours.

    Market Trends

    Historical market data near 4940 Melrose St over selected time period.

    Nearby Properties on Melrose St

    USAILCook CountyChicagoMelrose St