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Active
  • Price cut: $10K (5/14)
    $514,900

    551 W Melrose St APT 1E, Chicago, IL 60657

    2beds
    1,600sqft
    : 
    Condominium, Single Family Residence
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $322/sqft
    $433/mo HOA

    What's special

    Flooded with natural light and filled with charm, this oversized 2-bed + den, 2-bath home in East Lakeview offers the perfect blend of vintage elegance and modern updates-just one block from Nettelhorst Elementary and the lakefront. With nearly 1,600 square feet of living space, the sun-drenched layout features gleaming hardwood floors, elegant crown molding, and bay windows that pour in natural light. The kitchen features stainless steel appliances and a pantry closet. Two generous bedrooms include a primary suite with walk-in closet and ensuite bath. The flexible den is perfect for a playroom, nursery, or reading nook. Downstairs, a massive heated basement space (private to this unit) offers incredible versatility for a home office, art studio, gym, or all of the above. Parking is available for rent in the area. Just blocks from Belmont Harbor, the Lakefront Trail, CTA, and top dining. Well managed, pet and investor friendly building with 92% owner occupancy. Welcome to the best of city living!
    10 days
    on Zillow
    |
    1,593
    |
    67
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: May 19, 2025 at 10:07pm

    Listing courtesy of:

    Alexandre Stoykov 312-319-1168,

    Compass,

    Nicolas Gamboa Wills 312-610-0301,

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12365478MLS Logo
    Travel times

    Tour with a buyer’s agent

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    Next available tour time:Today at 12:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Den
    Primary bedroom
    • Features: Bathroom (Full)
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 10X14
    Bedroom 2
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10X13
    Den
    • Level: Main
    • Area: 70 Square Feet
    • Dimensions: 10X7
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 12X8
    Kitchen
    • Features: Kitchen (Pantry-Closet), Flooring (Hardwood)
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11X9
    Laundry
    • Features: Flooring (Other)
    • Level: Basement
    • Area: 80 Square Feet
    • Dimensions: 8X10
    Living room
    • Features: Flooring (Hardwood), Window Treatments (Bay Window(s))
    • Level: Main
    • Area: 228 Square Feet
    • Dimensions: 12X19
    Heating
    • Natural Gas, Steam
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Range, Dishwasher, Refrigerator, Washer, Dryer
    • Laundry: Laundry Closet
    Features
    • Basement: Finished,Storage Space,Partial
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,600 sqft
    Video & virtual tour

    Property

    Accessibility
    • Accessibility features: No Disability Access
    Details
    • Parcel number: 14213140501007
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1920
    • Major remodel year: 2023

    Utilities & green energy

    • Water: Lake Michigan

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Bike Room/Bike Trails, Coin Laundry, Storage
    • Services included: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
    • HOA fee: $433 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $322/sqft
    • Tax assessed value: $359,990
    • Annual tax amount: $6,895
    • Date on market: 5/14/2025
    • Ownership: Condo
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