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Single Family ResidenceResidential
$231,109
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 78How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

1516 MELROSE AVE

ROUND LAKE BEACH, IL 60073
0
Baths
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$231K
$181K low$281K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,244 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$14,619 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$9,958
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$4,661
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$12,778
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$43,861

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLake
Lot (acres)The size of the land the home sits on, from county records.0.13
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Beach Elementary School
Elementary · Grades 1–5 · 0.3 mi
H
Round Lake High SchoolC
High · Grades 9–12 · 1.1 mi
M
Round Lake Middle SchoolC-
Middle · Grades 6–8 · 1.3 mi

District: Round Lake Community Unit School District 116

Neighborhood · ZIP 60073These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.80
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.55,828
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,687 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$83,400
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$103,944
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.35 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1516 Melrose Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 86% of homes in Lake County
  • Has a smaller lot than 84% of homes in Lake County

What homes are worth in Round Lake 60073

Each bar is how many homes fall in that price range. The marker is this home.

This home
$135K$513K

This home is worth more than 31% of homes in Round Lake 60073.

How it measures up in Round Lake 60073

The dot is this home. The mark in the middle is the typical home in Round Lake 60073.

Estimated value$231,109
CheaperTypical $272,730Pricier

Pricier than 31% of homes nearby

Lot size0.13 ac
SmallerTypical 0.15 acBigger

Bigger than 37% of homes nearby

How 1516 Melrose Ave ranks against every home in each area.
MeasureThis homeRound Lake 60073Lake County
Estimated valuepricier than$231,10931% of homes14% of homes
Lot sizebigger than0.13 ac37% of homes16% of homes

About 1516 Melrose Ave

How much is 1516 Melrose Ave, Round Lake Beach, IL worth?

The TopHap Estimate for 1516 Melrose Ave, Round Lake Beach, IL is $231,109 as of Jul 14, 2026. The likely range is $181,290 to $280,928. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

What schools serve 1516 Melrose Ave, Round Lake Beach, IL?

1516 Melrose Ave, Round Lake Beach, IL is assigned to Beach Elementary School (elementary); Round Lake High School (high), rated C; Round Lake Middle School (middle), rated C-. All sit in Round Lake Community Unit School District 116. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1516 Melrose Ave, Round Lake Beach, IL compare to other homes in Round Lake 60073?

Among the 19,176 homes in Round Lake 60073, it is worth more than 31% of them ($231,109 against a typical $272,730) and its lot is bigger than 37% of them (0.13 ac against a typical 0.15 ac). Measured against all of Lake County, it is worth more than 14% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1516 Melrose Ave, Round Lake Beach, IL?

The 2024 property tax bill for 1516 Melrose Ave, Round Lake Beach, IL was $1,244. The county assessed it at $14,619.

More homes on Melrose Ave

Closest homes

More homes in Round Lake Beach 60073

Assigned schools

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