542 W Memory Ln, Addison, IL 60101
SOLD
MAR 17, 2026

$351,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,498 sqft

542 W Memory Ln, Addison, IL 60101

Est. Refi. Payment $2,452/mo*
Refinance Your Home
Currently Off Market - Sold Mar 17, 2026 for $345,000 (5% below list price)

Home Value

Trulia Estimate
$351K
Since last month
Decreased$8K (-2.2%)
Since last year
Increased$27K (+8.2%)
Since last sale
Increased$6K (+1.9%)
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 +79% in the last 10 years
MonthEstimated value
2026
August 2026$351K
August 2026$351K
July 2026$359K
June 2026$351K
May 2026$349K
April 2026$348K
March 2026$346K
February 2026$355K
January 2026$355K
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
411 W Diversey Ave, Addison, IL
0.34
Single-Family Home
$390,000
03/13/26
3
1.5
2,086
18 S Vista Ave, Addison, IL
0.30
Single-Family Home
$410,000
01/27/26
4
1.5
2,800
115 N Rose Ave, Addison, IL
0.19
Single-Family Home
$420,000
07/31/26
3
2.5
1,624
427 W Moreland Ave, Addison, IL
0.28
Single-Family Home
$280,000
10/30/25
3
1.5
1,410
543 W Rose Ave, Addison, IL
0.10
Single-Family Home
$413,000
09/15/25
6
2
1,434
202 N Country Club Dr, Addison, IL
0.34
Single-Family Home
$420,000
01/14/26
3
2
1,444
433 W Diversey Ave, Addison, IL
0.33
Single-Family Home
$355,000
02/02/26
4
1.5
1,800
769 Fairway Dr, Addison, IL
0.23
Single-Family Home
$607,000
11/07/25
3
2
1,946

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
0.03
$396,500
3
2
1,624
Off Market
237 Mill Rd #14, Addison, IL 60101
0.12
$276,200
2
2
1,283
Off Market
615 W Saint Johns Pl, Addison, IL 60101
0.09
$449,900
3
2.5
1,780
For Sale
245 Mill Rd #9C, Addison, IL 60101
0.17
$185,000
1
1
900
Recently Sold
543 W Rose Ave, Addison, IL 60101
0.10
$426,600
6
2
1,434
Off Market
539 W Rose Ave, Addison, IL 60101
0.10
$339,500
3
2
1,026
Recently Sold
84 N Mill Rd #84, Addison, IL 60101
0.11
$325,000
2
2.5
1,231
Recently Sold
130 W Natalie Ln, Addison, IL 60101
0.12
$416,200
3
2
1,624
Off Market
Willow, Addison, IL 60101
0.17
$462,900+
2
2.5
1,750
-
Birch, Addison, IL 60101
0.17
$425,775+
2
2
1,524
-
Aspen, Addison, IL 60101
0.17
$401,266+
2
2
1,281
-

Local Information

  • Map ViewExplore the area around 542 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
2,498 sqft
Price/Sqft
$138/sqft
Parking
Garage

About this House

Solid Brick Ranch in Prime Cul-de-Sac Location First time on the market in decades! This well-built brick ranch with nearly 2,500 sq ft of living space offers outstanding space, layout, and long-term potential in one of the area's few cul-de-sac settings. The home features 3 bedrooms and 2 full baths, including a full bath in the finished basement. A spacious family room/dining addition-complete with its own furnace and A/C-adds valuable living space ideal for gatherings and entertaining. Hardwood floors lie beneath the living room, hallway, and all three bedrooms, ready to be refinished and revealed. The finished basement includes a recreation area, game area, full bath, laundry room, and storage room, providing exceptional flexibility and functionality. Recent improvements include newer windows, roof, and HVAC, offering peace of mind and efficiency. Larger than most ranch homes in the area thanks to its full basement and generous addition, this property is a true diamond in the rough-a rare opportunity with excellent equity potential for the next owner.
542 W Memory Ln, Addison, IL 60101 is a 3 bedroom, 2 bathroom, 2,498 sqft single-family home built in 1959. It last sold for $345,000 on Mar 17, 2026 (5% below the $364,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $351,100, with a rent estimate of $3,245/month.
Last check for updates: about 8 hours ago
Listed by Mathew M Tarailo, (630) 818-7909
@properties Christie's International Real Estate
Bought with: Salome Garcia, (773) 419-6784, Internet Real Estate, LTD.
Source: MRED as distributed by MLS GRID, MLS#12500774

Home Details for 542 W Memory Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Finished,FullNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room, Recreation Room, Storage, Utility Room Lower Level
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2498 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Range Hood, Gas Water HeaterDryerLaundry: Gas Dryer Hookup,Electric Dryer Hookup,SinkMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced Air,Sep Heating Systems - 2+,Indv ControlsHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Spa
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Screens, Skylight(s)Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability AccessFloors: Hardwood
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: PatioFencing: FencedOther Structures: Shed(s)Foundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2.5Number of Covered Spaces: 2.5Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 2.5Parking: Concrete,Side Driveway,Garage Door Opener,Garage,Yes,Garage Owned,Detached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer, Storm Sewer
Finished Area
Finished Area (below surface): 1026 Square Feet

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch,Step Ranch
Building
Construction Materials: BrickNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 0329204010

Price & Status

Price
List Price: $364,900Price Per Sqft: $138/sqft
Status Change & Dates
Off Market Date: Sat Jan 24 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: AddisonCommunity: Pioneer Park
School Information
Elementary School: Army Trail Elementary SchoolElementary School District: 4Jr High / Middle School: Indian Trail Junior High SchoolJr High / Middle School District: 4High School: Addison Trail High SchoolHigh School District: 88

Building

Building Area
Building Area: 2498 Square Feet

Community

Community Features: Park, Tennis Court(s), Lake, Dock, Curbs, Sidewalks, Street Lights, Street Paved

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 9043.056 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Energy

Energy Efficiency Features: Enhanced Air Filtration

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12500774Attic: UnfinishedBack On Market Date: Tue Dec 30 2025

Additional Information

ParkTennis Court(s)LakeDockCurbsSidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD Listing On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Mar 17, 2026
Source: MRED as distributed by MLS GRID #12500774
Sold
$345,000
Feb 2, 2026
Source: MRED as distributed by MLS GRID #12500774
Pending
$364,900
Dec 30, 2025
Source: MRED as distributed by MLS GRID #12500774
PendingToActive
$364,900
Nov 12, 2025
Source: MRED as distributed by MLS GRID #12500774
Contingent
$364,900
Oct 22, 2025
Source: MRED as distributed by MLS GRID #12500774
Listed For Sale
$364,900

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

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

Frequently asked questions about 542 W Memory Ln

  • What is 542 W Memory Ln estimated to be worth?
    Trulia's estimated value for 542 W Memory Ln in Addison, IL is $351,100.
  • What is the price history for 542 W Memory Ln?
    542 W Memory Ln in Addison, IL last sold for $345,000 in March 2026.
  • 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.
  • Does 542 W Memory Ln have air conditioning?
    Yes, 542 W Memory Ln in Addison, IL has air conditioning.
  • Does 542 W Memory Ln have laundry facilities?
    Yes, 542 W Memory Ln in Addison, IL has in-unit laundry.

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Off Market Homes Near 542 W Memory Ln

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