This expansive penthouse is located in the best Lakeview location and features a huge private terrace with outstanding space. Located in the former Citizens State Bank building, offering a unique blend of timeless history and the present. Amassing over 2000 square feet, the interior features three generous bedrooms, two full baths, and a chef's kitchen with high-end Wolf and Sub-Zero appliances. A sprawling, 1,300+ square-foot west-facing private terrace provides great space for outdoor entertaining and relaxation and adds to the living space in the warmer months. An oversized covered parking space is included in the price. You will be just steps from the vibrant dining, shopping, and entertainment including nearby Southport corridor, all while being quietly tucked away on Melrose in this beautiful, boutique elevator building.
Closed
$925,000
1623 W Melrose St Unit 501, Chicago, IL 60657
3beds
2,115sqft
Condominium, Apartment, Single Family Residence
Built in 1920
-- sqft lot
$962,400 Zestimate®
$437/sqft
$4,954 Estimated rent
Home value
$962,400
$866,000 - $1.07M
$4,954/mo
Zestimate® history
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List your homeWhat's special
Best lakeview locationWest-facing private terraceHuge private terraceGenerous bedroomsOutdoor entertaining and relaxation
Zillow last checked:
Listing updated:
Listed by:
Emily Sachs Wong 312-286-0800,
@properties Christie's International Real Estate
Bought with:
Kelly Angelopoulos
Jameson Sotheby's Intl Realty
Source: MRED as distributed by MLS GRID,MLS#: 12479619
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Pantry, Terrace
Primary bedroom
- Features: Flooring (Hardwood), Bathroom (Full)
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16X12
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16X12
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Galley, Island, Pantry-Walk-in), Flooring (Hardwood)
- Level: Main
- Area: 216 Square Feet
- Dimensions: 18X12
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 600 Square Feet
- Dimensions: 25X24
Pantry
- Features: Flooring (Hardwood)
- Level: Main
- Area: 36 Square Feet
- Dimensions: 6X6
Other
- Features: Flooring (Other)
- Level: Main
- Area: 1395 Square Feet
- Dimensions: 15X93
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Humidifier
- Laundry: Washer Hookup, In Unit
Features
- Dry Bar, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas Log, Gas Starter, Living Room
Interior area
- Total structure area: 0
- Total interior livable area: 2,115 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Wheelchair Accessible, Disability Access
Features
- Patio & porch: Roof Deck, Deck
Details
- Additional parcels included: 14194350481018
- Parcel number: 14194350481007
- Special conditions: None
- Other equipment: TV-Cable, Intercom
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Apartment, Single Family Residence
Materials
- Brick, Glass
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Elevator(s)
- Services included: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $670 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $437/sqft
- Tax assessed value: $677,380
- Annual tax amount: $13,888
- Date on market: 9/25/2025
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2025 | Sold | $925,000+2.8%$437/sqft |
Source:  MRED as distributed by MLS GRID #12479619 Report a problem | ||
| 9/29/2025 | Contingent | $900,000$426/sqft |
Source: MRED as distributed by MLS GRID #12479619 Report a problem | ||
| 9/25/2025 | Listed for sale | $900,000+8.4%$426/sqft |
Source: MRED as distributed by MLS GRID #12479619 Report a problem | ||
| 6/2/2017 | Sold | $830,000+3.8%$392/sqft |
Source: MRED as distributed by MLS GRID #09593567 Report a problem | ||
| 4/24/2017 | Pending sale | $799,900$378/sqft |
Source: Redfin Corporation #09593567 Report a problem | ||
| 4/20/2017 | Listed for sale | $799,900$378/sqft |
Source: Redfin Corporation #09593567 Report a problem | ||
| 4/17/2017 | Pending sale | $799,900$378/sqft |
Source: Redfin Corporation #09593567 Report a problem | ||
| 4/13/2017 | Listed for sale | $799,900+10.7%$378/sqft |
Source: Redfin Corporation #09593567 Report a problem | ||
| 9/5/2014 | Sold | $722,500-3.7%$342/sqft |
Source: Baird & Warnerc #08640874_60657_501 Report a problem | ||
| 7/22/2014 | Pending sale | $750,000$355/sqft |
Source: Baird & Warner Real Estate #08640874 Report a problem | ||
| 6/11/2014 | Listed for sale | $750,000+3.4%$355/sqft |
Source: Baird & Warner #08640874 Report a problem | ||
| 10/4/2012 | Listing removed | $725,000$343/sqft |
Source: Baird & Warner Real Estate #08094104 Report a problem | ||
| 7/12/2012 | Price change | $725,000-2.7%$343/sqft |
Source: Baird & Warner Real Estate #08094104 Report a problem | ||
| 6/19/2012 | Price change | $745,000-3.9%$352/sqft |
Source: Baird & Warner Real Estate #08094104 Report a problem | ||
| 10/21/2011 | Listed for sale | $775,000-1.1%$366/sqft |
Source: Baird & Warner Real Estate #07928620 Report a problem | ||
| 4/4/2008 | Sold | $784,000$371/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,207 -1.8% | $67,738 +9.3% |
| 2023 | $13,455 +2.6% | $61,999 |
| 2022 | $13,109 +2.4% | $61,999 |
| 2021 | $12,808 -4.6% | $61,999 +5.7% |
| 2020 | $13,421 +1.6% | $58,659 -8.2% |
| 2019 | $13,211 -3.4% | $63,927 -5% |
| 2018 | $13,672 +17.2% | $67,291 +20.1% |
| 2017 | $11,666 +5.6% | $56,017 |
| 2016 | $11,052 +9.3% | $56,017 |
| 2015 | $10,109 -16.7% | $56,017 -14.7% |
| 2014 | $12,131 +2% | $65,690 |
| 2013 | $11,889 +0.9% | $65,690 |
| 2012 | $11,783 -3.5% | $65,690 -11.8% |
| 2011 | $12,211 0% | $74,491 |
| 2010 | $12,214 +10.9% | $74,491 |
| 2009 | $11,016 | $74,491 |
Find assessor info on the county website
Neighborhood: Roscoe Village
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Nearby schools
GreatSchools rating
- 8/10Burley Elementary SchoolGrades: K-8Distance: 0.2 mi
- 3/10Lake View High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Burley Elementary School
- Middle: Burley Elementary School
- High: Lake View High School
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$962,400
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Estimated market value
$962,400
- Illinois
- Cook County
- Chicago
- 60657
- Roscoe Village
- 1623 W Melrose St Unit 501
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