1540 E 700n Rd, Melvin, IL 60948
OFF MARKET

$758,000

Trulia Estimate
  • Studio

1540 E 700n Rd, Melvin, IL 60948

Est. Refi. Payment $5,374/mo*
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Home Value

Trulia Estimate
$758K
Since last month
Increased$3K (+0.4%)
Since last year
Decreased$8K (-1%)
Learn more about this home's value by checking out its Trulia Estimate and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +105% in the last 10 years
MonthEstimated value
2026
September 2026$767K
August 2026$764K
July 2026$819K
June 2026$982K
May 2026$959K
April 2026$1.02M
March 2026$1.16M
February 2026$1.09M
January 2026$1.03M
2025
2024
2023
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1438 Country Club Ln, Loda, IL
3.88
Single-Family Home
$152,000
04/30/26
2
1
963
1436 Country Club Ln, Loda, IL
3.90
Single-Family Home
$215,000
05/18/26
2
2
1,194
1407 Country Club Ln, Loda, IL
3.93
Single-Family Home
$246,000
11/14/25
3
2
1,800
1432 Country Club Ln, Loda, IL
3.94
Single-Family Home
$202,400
08/17/26
3
2
1,843
1408 Country Club Ln, Loda, IL
3.94
Single-Family Home
$229,900
11/21/25
2
1
1,089
104 Choctaw Trl, Loda, IL
3.95
Single-Family Home
$200,000
08/06/26
3
2
1,742
115 Choctaw Trl, Loda, IL
3.96
Single-Family Home
$175,000
08/20/26
3
1.5
1,234
296 N Seventy East Rd, Loda, IL
3.97
Single-Family Home
$224,900
06/29/26
3
2
1,671
101 Mohican Ln, Loda, IL
3.99
Single-Family Home
$25,000
05/26/26
-
-
1039 Sunset Dr, Loda, IL
4.01
Single-Family Home
$80,000
05/13/26
-
-

Local Information

  • Map ViewExplore the area around 1540 E 700n Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
160 acre lot

About this House

This single-family home is located at 1540 E 700n Rd, Melvin, IL. 1540 E 700n Rd is in Melvin, IL and in ZIP code 60948. This property has a lot size of 160.00 acres.
1540 E 700n Rd, Melvin, IL 60948 is a studio single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $758,000, with a rent estimate of $1,672/month.

Home Details for 1540 E 700n Rd

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 160.00 acres

Price and Tax history

YearProperty taxTax assessment
2024
$15,232
$170,910
Home facts updated by county records

Market trends in Loda

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
18
2MoM

Around this home

What Locals Say about Loda

At least 3 Trulia users voted on each feature.

  • 100 % Say people would walk alone at night

  • 100 % Say there are community events

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 83 % Say kids play outside

  • 83 % Say there's wildlife

  • 80 % Say it's quiet

  • 75 % Say it's dog friendly

  • 46 % Say neighbors are friendly

  • 40 % Say streets are well-lit

  • 17 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • S_wahba
    "No transportation around here. A car is required. Perhaps uber is an option? Some community members use golf carts to get around the lake. "
    1
    Flag
  • Thecahills
    "It’s A beautiful quiet lakeside community in a rural area. It’s very well-maintained, people care deeply about their property in their community. While the town itself is very small with a rural infrastructure it is close to larger towns such as Champaign"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1540 E 700n Rd

  • What is 1540 E 700n Rd estimated to be worth?
    Trulia's estimated value for 1540 E 700n Rd in Melvin, IL is $758,000.
  • Is Melvin a buyer's or seller's market?
    Melvin is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 1540 E 700n Rd?
    The closest schools to 1540 E 700n Rd in Melvin, IL are Clara Peterson Elementary School (Pre-K, rated 6/10), Paxton-Buckley-Loda High School (rated 3/10), Paxton-Buckley-Loda Jr High School (rated 7/10).
  • How big is the lot at 1540 E 700n Rd?
    The lot at 1540 E 700n Rd in Melvin, IL is about 160 acres.

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