Sold365d on market
240 Silver Ln
Melrose Park, IL, 60160 • 60160 • Cook County
$445,000
$232/sqft
4Beds
3Baths
1,918Sqft
0.14 acLot
1958Built
Property DNA
2.5-Car Garage
On Site · Attached · Garage
This home is in high demand
Listed 365 days ago · 4 views · Top 5% likely to sell soon
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
365 days on market
Established listing
$232/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 5% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1958
***FOUR LEVELS OF LIVING SPACE*** NEWER SIDING, NEWER ROOF, NEWER WINDOWS, SIDEWALKS & DRIVEWAY. ALSO IT FEATURES REMODELED KITCHEN UPGRADED CABINETS, GRANITE COUNTER TOPS, SS APPLIANCES & SS SINK. REMODELED BATHROOMS, LIGHTING, PLUMBING, NEW WASHER AND DRYER! THE DRAIN TILE SYSTEM WAS INSTALLED IN 2016. MORE NEW FEATURES INCLUDE NEWER CENTRAL AIR, HARDWOOD FLOORS, FULL PAINT JOB & MANY MORE. ENJOY THE SPACIOUS YARD WITH PRIVATE ACCESS TO THE REAR FOREST PRESERVE AND PRIVATE PARK WALKWAY. BEAUTIFUL VIEW TO SILVER CREEK WITH DEERS THAT OFTEN COME VISIT. THE FAMILY ROOMS LEVEL OFFERS HALF BATH WITH DIRECT ACCESS TO BACK YARD AND GARAGE. THE FULLY FINISHED SUB BASEMENT IS A FAVORITE BECAUSE IT'S PERFECT FOR EXTRA BEDROOM, STORAGE OR ADDITIONAL FAMILY ROOM. THERE IS NOTHING TO DO BUT MOVE IN. A MUST SEE!!!!
Standout features identified
Our analysis highlights fully finished sub basement, newer siding, and spacious yard as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,775/month
Principal & Interest$2,181
Property Tax$445
Insurance$148
Down payment20% ($89,000)
3%50%
Est. 6.20% rate · 30yr fixed · $356,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1958
HeatingNatural Gas
CoolingCentral Air
Parking2 Attached Garage spaces
Lot6,262 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1958
Systems
HeatingNatural Gas
CoolingCentral Air
RoofAsphalt
ConstructionVinyl Siding, Brick, Concrete
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Site, Attached, Garage
Garage2.5 spaces
BasementFinished,Partial
Lot6,262 sqft
Location & Tax
Neighborhood60160
Annual tax$6,939
Parcel1502338039
Bathrooms & Fees
Full baths2
Features & details
5 categories of property features
Interior Features
Heating
Natural Gas
Cooling
Central Air
Accessibility
No Disability Access
Exterior Features
Parking
On Site
Attached
Garage
Construction
Vinyl Siding
Brick
Concrete
Room details
19 rooms detailed
Master Bedroom
Second11×16 ft176 sqft
Bathroom (Full)
Bedroom2
Second11×15 ft165 sqft
Bedroom3
Second10×11 ft110 sqft
Bedroom4
Basement11×10 ft110 sqft
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market365
Est. value$463,300
Est. rent$3,093/mo
Tax rate1.99%
Price/sqft$232
On marketFeb 28, 2025
PostedFeb 28, 2025
Last sold$445,000
MLS statusClosed
MLS updatedApr 10, 2025
Tour days6
Views4
How are the schools in Melrose Park?
3 schools rated nearby
Location
Melrose Park, IL, 60160
Price history
16 events
DateEventPrice$/sqftSource
Apr 10, 2025Sold$445,000$232MRED as distributed by MLS GRID
Mar 4, 2025Contingent$439,000$229MRED as distributed by MLS GRID
Feb 28, 2025Listed For Sale$439,000$229MRED as distributed by MLS GRID
Feb 7, 2025Listing Removed$3,400$2Zillow Rentals
Jan 15, 2025Price Change$3,400$2Zillow Rentals
Jan 2, 2025Listed For Rent$3,200$2Zillow Rentals
Sep 30, 2021Sold$340,000$177MRED as distributed by MLS GRID
Feb 10, 2016Sold$260,000$136Public Record
Jan 15, 2015Sold$135,000$70Public Record
Nov 18, 2014Pending Sale$149,900$78RE/MAX Showcase
Nov 8, 2014Listed For Sale$149,900$78RE/MAX Showcase
Nov 8, 2014Pending Sale$149,900$78RE/MAX Showcase
Oct 26, 2014Listed For Sale$149,900$78RE/MAX Showcase
Oct 1, 2014Pending Sale$149,900$78RE/MAX Showcase
Aug 26, 2014Listed For Sale$149,900$78RE/MAX Showcase
Dec 2, 1996Sold$130,000$68Public Record
Sold$445,000
Apr 10, 2025•$232/sqft•MRED as distributed by MLS GRID
Contingent$439,000
Mar 4, 2025•$229/sqft•MRED as distributed by MLS GRID
Listed For Sale$439,000
Feb 28, 2025•$229/sqft•MRED as distributed by MLS GRID
Listing Removed$3,400
Feb 7, 2025•$2/sqft•Zillow Rentals
Price Change$3,400
Jan 15, 2025•$2/sqft•Zillow Rentals
Listed For Rent$3,200
Jan 2, 2025•$2/sqft•Zillow Rentals
Sold$340,000
Sep 30, 2021•$177/sqft•MRED as distributed by MLS GRID
Sold$260,000
Feb 10, 2016•$136/sqft•Public Record
Sold$135,000
Jan 15, 2015•$70/sqft•Public Record
Pending Sale$149,900
Nov 18, 2014•$78/sqft•RE/MAX Showcase
Listed For Sale$149,900
Nov 8, 2014•$78/sqft•RE/MAX Showcase
Pending Sale$149,900
Nov 8, 2014•$78/sqft•RE/MAX Showcase
Listed For Sale$149,900
Oct 26, 2014•$78/sqft•RE/MAX Showcase
Pending Sale$149,900
Oct 1, 2014•$78/sqft•RE/MAX Showcase
Listed For Sale$149,900
Aug 26, 2014•$78/sqft•RE/MAX Showcase
Sold$130,000
Dec 2, 1996•$68/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 11, 2023$8,835$34,000
Apr 11, 2022$6,939$22,519
Apr 11, 2021$6,004$22,519
Apr 11, 2020$5,906$22,519
Apr 11, 2019$5,216$19,519
Apr 11, 2018$5,195$19,519
Apr 11, 2017$5,097$19,519
Apr 11, 2016$5,983$18,668
Apr 11, 2015$1,483$4,701
Apr 11, 2014$4,922$18,668
Apr 11, 2013$4,604$19,031
Apr 11, 2012$4,485$19,031
Apr 11, 2011$5,170$21,720
Apr 11, 2010$6,009$32,429
Apr 11, 2009$5,558$32,429
Apr 11, 2008$4,597$34,136
Apr 11, 2007$4,388$28,820
Apr 11, 2006$4,282$28,820
Apr 11, 2005$4,187$28,820
Apr 11, 2004$3,728$20,000
Apr 11, 2003$3,652$20,000
Apr 11, 2002$3,561$20,000
Apr 11, 2001$2,988$16,223
Apr 11, 2000$2,891$16,223
Apr 11, 1999$2,780$16,223
Nearby homes
Neighborhood details
Local context around this listing
Melrose Park, IL • Cook County
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
601606016160164
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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