Chicago, IL 60657 551 W Melrose Street # 1E
$509,000



11 more












Presented By: Compass
Home Details
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!
Presented By: Compass
Interior Features for 551 W Melrose Street # 1E
Bedrooms
Bedrooms Possible2
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
LivingAreaSourceEstimated
BasementFinished, Storage Space, Partial
Laundry FeaturesLaundry Closet
Total Number of Units12
Total Stories3
Other Rooms
Room TypeDen
General for 551 W Melrose Street # 1E
Additional Parcels Y/NNo
AppliancesRange, Dishwasher, Refrigerator, Washer, Dryer
Assoc Fee Paid PerMonthly
Association AmenitiesBike Room/Bike Trails, Coin Laundry, Storage
Association Fee IncludesHeat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
CityChicago
Construction MaterialsBrick
CoolingWall Unit(s)
CountyCook
DirectionsInner LSD to one block north of Belmont, Melrose is one way going west
Elementary SchoolNettelhorst Elementary School
Elementary School District299
Full Baths2
HOA Fee$433
HeatingNatural Gas, Steam
High School District299
MLS AreaCHI - Lake View
Middle/Junior School District299
ModificationTimestamp2025-06-09T05:07:23.978Z
New ConstructionNo
OwnershipCondo
Pets AllowedCats OK, Dogs OK
PossessionClosing
Property TypeResidential
Property TypeAttached Single
Standard StatusActive
StatusActive
Sub TypeCondo
Tax Annual Amount6895.95
Tax Year2023
Total Rooms6
TownshipLake View
Unit Number1E
Virtual TourClick here
Year Built1920
Exterior for 551 W Melrose Street # 1E
Lot DimensionsCOMMON
Total Parking
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
N/A
Middle School
N/A
Elementary School
Nettelhorst Elementary School
