Active

508 W Melrose Street #PH-W

Chicago, IL 60657

$1,525,000 $6,429/Mo

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Overview

Bed

Bath

3,500

Sqft

Description

Rarely available approx. 3,500 sq ft on one-floor penthouse in elegant East Lakeview elevator building. Single-family home living in this spacious and well planned 3 bedroom plus study, 3.5 bath unit. Included with the unit are in building 3 deeded side by side heated garage parking spaces. Walk in and be amazed at the open concept kitchen, living room, and dining room area, perfect for entertaining and everyday living. This bright and extra wide unit offers privacy and views facing south, north and west. There is no shortage of natural light throughout, including 4 skylights that enhance the overall brightness of the unit. Updated kitchen offers caesarstone quartz countertops, peninsula and island perfect for entertaining and cooking. Walk out to the expansive terrace through two sets of double french doors, accessed from the living and dining room, and enjoy the sunset or your morning coffee. The terrace is equipped with a gas line for all your barbeque needs. Unit features high ceilings with beautiful ceiling details with crown molding throughout the unit, spacious living room area large enough for a sectional or two sofas, hardwood floors throughout, side by side washer dryer and loads of storage space. Cuddle up next to one of the two wood burning gas starter fireplaces and enjoy a glass of wine. Large primary bedroom with walk in closet, 2 sets of double closets, balcony and spa-like bathroom with dual vanities, whirlpool and separate shower. Second and third bedrooms are both ensuite and have ample storage and space for a king size bed. The study could serve as an extra bedroom, nursery, reading room or gym. Don't miss the opportunity to live in this spectacular home in the heart of East Lakeview, surrounded by bars, restaurants and coffee shops. Walking distance to grocery stores and the "L". Welcome home!

Property Details

Property Type : Residential

Price : $1,525,000

AD Id : 76935335

MLS Id : MRD12506348

Beds : 3

Living Area Size : 3,500

Year Built : 2003

Garage : 3

County : Cook

Subdivision: Big Oaks

Map

Features

Bedroom Information

Total Bedroom: 3 Room Types: Study, Balcony/Porch/Lanai

Bathroom Information

Total Baths: 4 Full Baths: 3 Half Baths: 1

Room Information

Rooms Total: 7

Interior Features

Elevator, Storage, Walk-In Closet(s), Bookcases, Open Floorplan Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Range Hood, Gas Cooktop Laundry Features: Washer Hookup, In Unit, Laundry Closet
Flooring Information

Flooring: Hardwood Construction Materials: Brick
Heating & Cooling

Heating: Natural Gas, Forced Air Cooling: Central Air WaterSource: Lake Michigan, Public

Building Information

Year Built: 2003
Exterior Features

Balcony Construction Materials: Brick

Lot Information

Lot Dimensions: COMMON

Property Information

Property Type: Residential Sub Type: Attached Single Type Attached: Condo,Penthouse

Listing Price Information

Original List Price:$1525000

Tax Information

Annual Tax: $29171.84 Tax Year: 2024 Parcel Number: 14213120551021 Tax Exemption: Homeowner,Senior

Parking Information

Total Parking: 3 Shared Driveway, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage Is Parking Included in Price: Yes

Garage Information

Garage Space: 3

Homeowners Association Information

Included Fees: Water, Insurance, Security, Exercise Facilities, Scavenger, Snow Removal, Internet Included Amenities: Elevator(s), Exercise Room, Storage, Security Door Lock(s) HOA: $1,363.00 Monthly

School Information

Elementary School: Nettelhorst Elementary School Junior High School: Nettelhorst Elementary School Senior High School: Lake View High School
Utility Information

Sewer: Public Sewer Water Source: Lake Michigan, Public
Location Information

Subdivision: Park Plaza at Belmont Harbor City: Chicago Direction: 1 BLOCK NORTH OF BELMONT AVE JUST WEST OF LAKE SHORE DRIVE

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1910 W Fletcher Street, Chicago, IL, 60657	$2,199,900	6	6	4,200	4,200 SqFt
3150 N Sheffield Avenue.., Chicago, IL, 60657	$315,000	1	1	800	800 SqFt
1455 W Wolfram Street #A, Chicago, IL, 60657	$700,000	2	2	1,800	1,800 SqFt
929 W George Street #3, Chicago, IL, 60657	$650,000	2	2	1,500	1,500 SqFt
1109 W Cornelia Avenue .., Chicago, IL, 60657	$1,049,000	4	3	--
1757 W Newport Avenue, Chicago, IL, 60657	$1,250,000	4	4	2,393	2,393 SqFt
2919 N Burling Street #A, Chicago, IL, 60657	$525,000	2	2	1,150	1,150 SqFt
3140 N Sheffield Avenue.., Chicago, IL, 60657	$750,000	2	3	1,718	1,718 SqFt
3550 N Lake Shore Drive.., Chicago, IL, 60657	$344,900	2	1	--
1049 W Wellington Avenu.., Chicago, IL, 60657	$440,000	2	2	--

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ByOwner last updated this listing 06/12/2026 @ 06:20

MLS: MRED #12506348 LISTED BY: Sara McCarthy, Keller Williams ONEChicago 312-216-2422 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)