515 W Memory Ln, Addison, IL 60101
Property image
Property image
OFF MARKET

515 W Memory Ln
Addison, IL 60101

  • 3 Beds
  • 2 Baths
  • 1,064 sqft

$393,200

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $2,718/mo*
Refinance Your Home

$393,200

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $2,718/mo*
Refinance Your Home
3 Beds
2 Baths
1,064 sqft

Home Value

Trulia Estimate
$393K
Since last month
$100 (0%)
Since last year
Increased$16K (+4.3%)
Since last sale
Increased$83K (+26.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +82% in the last 10 years
MonthEstimated value
2026
August 2026$393K
July 2026$393K
June 2026$398K
May 2026$397K
April 2026$392K
March 2026$386K
February 2026$375K
January 2026$365K
2025
2024
2023
2022
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
427 W Moreland Ave, Addison, IL
0.21
Single-Family Home
$280,000
10/30/25
3
1.5
1,410
542 W Memory Ln, Addison, IL
0.08
Single-Family Home
$345,000
03/17/26
3
2
2,498
568 W Diversey Ave, Addison, IL
0.22
Single-Family Home
$305,000
10/17/25
3
2
1,106
46 N Grant Dr, Addison, IL
0.24
Single-Family Home
$360,000
03/26/26
4
2
1,089
115 N Rose Ave, Addison, IL
0.12
Single-Family Home
$420,000
07/31/26
3
2.5
1,624
543 W Rose Ave, Addison, IL
0.09
Single-Family Home
$413,000
09/15/25
6
2
1,434
118 S Evergreen Ave, Addison, IL
0.36
Single-Family Home
$378,000
02/25/26
3
1.5
1,184
515 W Diversey Ave, Addison, IL
0.24
Single-Family Home
$409,999
08/25/25
3
1.5
1,905
7 N Lincoln Ave, Addison, IL
0.36
Single-Family Home
$403,000
09/10/25
3
1.5
1,350
308 W Natoma Ave, Addison, IL
0.27
Single-Family Home
$317,600
06/18/26
3
1
1,200

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
538 W Memory Ln, Addison, IL 60101
0.07
$400,000
3
2
1,624
Off Market
542 W Memory Ln, Addison, IL 60101
0.08
$345,000
3
2
2,498
Recently Sold
130 W Natalie Ln, Addison, IL 60101
0.05
$422,000
3
2
1,624
Off Market
539 W Rose Ave, Addison, IL 60101
0.08
$339,500
3
2
1,026
Recently Sold
543 W Rose Ave, Addison, IL 60101
0.09
$430,300
6
2
1,434
Off Market
522 W Natalie Ln, Addison, IL 60101
0.09
$385,600
4
2
2,052
Off Market
433 W Natoma Ave, Addison, IL 60101
0.09
$426,600
4
2
1,404
Off Market
615 W Saint Johns Pl, Addison, IL 60101
0.13
$459,900
3
2.5
1,780
For Sale
84 N Mill Rd #84, Addison, IL 60101
0.13
$325,000
2
2.5
1,231
Recently Sold
118 N Rose Ave, Addison, IL 60101
0.09
$348,700
3
1
1,026
Off Market
539 W Natalie Ln, Addison, IL 60101
0.13
$360,100
4
1
1,026
Off Market
115 N Rose Ave, Addison, IL 60101
0.12
$420,000
3
2.5
1,624
Recently Sold

Local Information

  • Map ViewExplore the area around 515 W Memory Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1959
Living Area
1,064 sqft
Price/Sqft
$370
Parking
Garage

About this House

THIS IS IT- Close to schools, parks, shopping and more! This move-in-ready 3 bed, 2 bath split-level home has been freshly painted and features beautifully refinished hardwood floors throughout. The main level living boasts an open concept living room, dining room, and a beautiful kitchen with plenty of cabinet space, granite countertops, newer SS appliances PLUS a BONUS walk-in pantry with built-ins. Retreat to the LARGE lower level FLEX SPACE with all new wood laminate flooring plus a full bath and separate laundry room with tons of storage space. The backyard is fully fenced + an EXTRA LARGE 2.5 car garage! You HAVE to see this beautiful home! Updates include a new roof (2016) new HVAC(2016) HWH (2017) ; Crawl space sealed (2015) ; Driveway resealed (2021)
515 W Memory Ln, Addison, IL 60101 is a 3 bedroom, 2 bathroom, 1,064 sqft single-family home built in 1959. It last sold for $310,000 on Dec 13, 2021. It is currently off market. The Trulia Estimate is $393,200, with a rent estimate of $3,329/month.

Home Details for 515 W Memory Ln

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Single Family HomeArchitecture: split level

Exterior Features

Parking & Garage
GarageParking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 8712 sqft

Price and Tax history

DateEventPrice
Dec 13, 2021
Source: MRED as distributed by MLS GRID #11218696
Sold
$310,000
Nov 5, 2021
Source: RE/MAX International #11218696
Pending
$314,500
Nov 5, 2021
Source: MRED as distributed by MLS GRID #11218696
Contingent
$314,500
Oct 19, 2021
Source: MRED as distributed by MLS GRID #11218696
PriceChange
$314,500
Price decreased by 1%
Oct 7, 2021
Source: MRED as distributed by MLS GRID #11218696
PriceChange
$317,500
Price decreased by 2%

Market trends in Addison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$402K
$8.33KMoM
Sale-to-List Price
100.6%
0.2%MoM
Price per sq ft
$239
$6MoM
Available listings
71
7MoM

Around this home

What Locals Say about Addison

At least 248 Trulia users voted on each feature.

  • 84 % Say it's dog friendly

  • 83 % Say there are sidewalks

  • 79 % Say car is needed

  • 75 % Say parking is easy

  • 70 % Say yards are well-kept

  • 69 % Say there's holiday spirit

  • 68 % Say kids play outside

  • 63 % Say streets are well-lit

  • 61 % Say there's wildlife

  • 60 % Say it's quiet

  • 57 % Say people would walk alone at night

  • 54 % Say they plan to stay for at least 5 years

  • 53 % Say it's walkable to grocery stores

  • 50 % Say it's walkable to restaurants

  • 45 % Say neighbors are friendly

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Gailygurl5949
    "Summer concert series"
    0
    Flag
  • Jfverdi
    "Great neighborhood, one way in and one way out, privacy abound. Downfall is no nearby parks or pools and you can’t really walk to grocery stores if you need to, too far, about 1 mile away to closest one. Nice neighborhood restaurants and bars, kid friendly. Great H.S. Easy access to expressways and O’hare. "
    0
    Flag
  • Crystal Ortiz
    "Keep your kids safe always watch your surroundings something here and there so happen but that’s in a blue moon "
    0
    Flag
  • Mg7rpzw77h
    " This is one of a few places that I have seen children outside playing under watchful eyes of parents on several porches. It’s heartwarming to see kids playing outside and feeling safe. "
    0
    Flag
  • Erika R.
    "You could always see owners walking their dogs here, and they are also very good about picking up after them "
    2
    Flag
  • Francisco B.
    "Just visiting. The town seems really friendly. There are a lot of upscale housing in the area. I would say, not a bad place to live."
    1
    Flag
  • Janette C.
    "Great environment and great schools!! Never felt unsafe living here. Great suburb to live n have kids "
    0
    Flag
  • Kime
    "careing neighborhood on every street and good place to walk your dog everyone speaks ad wwwwwwyyyyyy"
    1
    Flag
  • Jeffsnider10
    "The neighborhood is friendly and safe. I have not heard of any crimes in our area for the past 6 years since we moved to this area. In the warmer months we walk our dog to the park several times a week if not daily, everyone is friendly."
    1
    Flag
  • Mmike4874
    "Not far from work easy 20 minute drive of course traffic makes a difference but close to home and yet still close to work "
    0
    Flag
  • Paige H.
    "I dont personally like living in addison but I guess its nice because it's close to stores. "
    0
    Flag
  • P. J.
    "There are several schools in the area. The way they determine what school your child attends needs improvement. "
    0
    Flag
  • Travis T.
    "Safe neighborhood to walk your dog in but way too many Skunks in the summer! My dog got sprayed 7 times in the 2 years I lived here. City doesn’t do anything about them. "
    1
    Flag
  • Pinedasyl
    "Close enough to walk to parks, schools, and stores. Close to bus stop, police station, and library. "
    1
    Flag
  • Kime
    "neighbors speaks all the time. neighbors look out for each other houses and cars no one try to steal your car "
    0
    Flag
  • Joshua G.
    "Very busy, very populated town. Some unsafe areas, some very nice areas. Depends where you live. Lake st, is also very busy all the time."
    0
    Flag
  • Chelsea T.
    "I've lived here for 5 years. It feels safe and welcoming. There are a lot of families with children and the park is always busy."
    0
    Flag
  • G.saab00012
    "I love my town. I've been living here from last 2 years and I feel totally safe here. It I will recommend this area to all peoples."
    0
    Flag
  • Jfverdi
    "We have Rock n Wheels every Thursday night at Village Center. Features live bands, food and beverage stands or you can bring your own. Great gathering event."
    0
    Flag
  • Tinamodela
    "Very isolated, people don’t really talk to each other. It used to be a lot more friendly, but not now. "
    0
    Flag
  • Trulia User
    "Friendly quiet town just west of the city. In summer lots of activities to do. Great restaurants and bars down lake. A great place to raise a family."
    0
    Flag
  • Aaliyah
    "By car, Lyft, Uber. I’ve seen a bus go passed but I have never taken it before. Or I choose to walk or ride a bike."
    0
    Flag
  • Shivendra B.
    "they love walking dogs and is really safe for dog and it is awesome to see people walking dogs. I'm about to move and I will miss people walking dogs. It is an good community "
    0
    Flag
  • Vinpomp35
    "there are plenty of dog walkers, lots of grass on both sides of sidewalk, and a couple parks and forest preserves close by. "
    0
    Flag
  • Erica S.
    "the park by my complex gets flooded when it rains a lot so sometimes you can't walk over there, it gets so bad it floods half of the parking lot "
    0
    Flag
  • Prisila C.
    "Summer Thursday nights Rockn wheels. never gone but looks fun. No other community events that I know of. wood Dale and Itasca near by. "
    0
    Flag
  • Laura E.
    "I've lived in this neighborhood for 3 years and have loved it. it's peaceful, well kept, and citizen oriented. I am sad to be leaving the area but work calls for it. "
    0
    Flag
  • Darlandra W.
    "The park, i ut allows the kids a supervised place to hangout. The have a place for little kids as well as big kids."
    1
    Flag
  • Stulo603
    "We have lived here for about 7 months. It’s a quiet neighborhood, the people are nice and friendly. Stores are close buy and great restaurants. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 515 W Memory Ln

  • What is 515 W Memory Ln estimated to be worth?
    Trulia's estimated value for 515 W Memory Ln in Addison, IL is $393,200.
  • What is the price history for 515 W Memory Ln?
    515 W Memory Ln in Addison, IL last sold for $310,000 in December 2021.
  • Is Addison a buyer's or seller's market?
    Addison is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Addison?
    The median sale price in Addison is $402K. That is up $8.33K from the prior month.
  • How big is the lot at 515 W Memory Ln?
    The lot at 515 W Memory Ln in Addison, IL is about 0.20 acres (8,712 sq ft).
  • Does 515 W Memory Ln have a garage?
    Yes, 515 W Memory Ln in Addison, IL has a garage.

Explore by feature - Pet Friendly

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Off Market Homes Near 515 W Memory Ln

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