540 W Memory Ln, Addison, IL 60101
OFF MARKET

540 W Memory Ln
Addison, IL 60101

  • 3 Beds
  • 1.5 Baths
  • 1,139 sqft

$368,200

Trulia Estimate
as of May 22, 2026
Est. Refi. Payment $2,525/mo*
Refinance Your Home

$368,200

Trulia Estimate
as of May 22, 2026
Est. Refi. Payment $2,525/mo*
Refinance Your Home
3 Beds
1.5 Baths
1,139 sqft

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

This single-family home is located at 540 W Memory Ln, Addison, IL. 540 W Memory Ln is in Addison, IL and in ZIP code 60101. This property has 3 bedrooms, 2 bathrooms and approximately 1,139 sqft of floor space. This property has a lot size of 9583 sqft and was built in 1959.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 540 W Memory Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood, Linoleum Vinyl

Property Information

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

Exterior Features

Exterior Home Features
Exterior: Vinyl, BrickPatio
Parking & Garage
GarageParking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 9583 sqft

Price History for 540 W Memory Ln

DatePriceEventSource
07/11/2018$242,000ListingRemovedAgent Provided
06/11/2018$242,000PriceChange
Agent Provided
05/16/2018$249,000PriceChange
Agent Provided
04/28/2018$254,000PriceChange
Agent Provided
04/05/2018$259,000Listed For SaleAgent Provided
09/22/2010$155,000Sold
N/A
05/22/2010$145,000PriceChange
Agent Provided
05/09/2010$0Listed For SaleAgent Provided
04/04/2000$160,000Sold
N/A
12/04/1996$128,000Sold
N/A
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Property Tax and Assessment

Year2024
Tax$6,532
Assessment$100,676
Home facts updated by county records

Comparable Sales for 540 W Memory Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
538 W Memory Ln, Addison, IL
0.02
Single-Family Home
$380,000
06/23/25
3
2
1,624
542 W Memory Ln, Addison, IL
0.02
Single-Family Home
$345,000
03/17/26
3
2
2,498
568 W Diversey Ave, Addison, IL
0.27
Single-Family Home
$305,000
10/17/25
3
2
1,106
427 W Moreland Ave, Addison, IL
0.28
Single-Family Home
$280,000
10/30/25
3
1.5
1,410
241 N Brashares Dr, Addison, IL
0.38
Single-Family Home
$336,500
06/20/25
3
2
1,115
515 W Diversey Ave, Addison, IL
0.30
Single-Family Home
$410,000
09/04/25
3
1.5
1,200
526 W Moreland Ave, Addison, IL
0.21
Single-Family Home
$390,000
08/01/25
3
2
1,826
202 N Country Club Dr, Addison, IL
0.35
Single-Family Home
$420,000
01/14/26
3
2
1,444
118 S Evergreen Ave, Addison, IL
0.41
Single-Family Home
$378,000
02/25/26
3
1.5
1,184
495 W Myrick Ave, Addison, IL
0.32
Single-Family Home
$340,000
09/30/25
3
1.5
1,850

Nearby homes

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Assigned Schools

These are the assigned schools for 540 W Memory Ln.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • 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
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  • Crystal Ortiz
    "Keep your kids safe always watch your surroundings something here and there so happen but that’s in a blue moon "
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  • 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. "
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    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
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  • 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
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  • Paige H.
    "I dont personally like living in addison but I guess its nice because it's close to stores. "
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  • P. J.
    "There are several schools in the area. The way they determine what school your child attends needs improvement. "
    0
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  • 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
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  • 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
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540 W Memory Ln, Addison, IL 60101 is a 3 bedroom, 2 bathroom, 1,139 sqft single-family home built in 1959. This property is not currently available for sale. 540 W Memory Ln was last sold on Sep 22, 2010 for $155,000. The current Trulia Estimate for 540 W Memory Ln is $368,200.