Recently rehabbed, LARGE studio in an East Lakeview condo building. Assessments includes heat, water, and scavenger services. The residence features a separate dining/office area, refinished hardwood flooring, a modern kitchen with new counters, sink, lights, and cabinetry, a new bathroom, and has been freshly painted. The building has a bike room and is near the lake, several shops and restaurants, Mariano's, 24 hour Walgreens, gyms, express buses to the Loop, and near the Belmont red/purple/brown line station. Reserved parking available on site.
Owner pays for utilities. Additional fees for reserved parking and wifi/cable.
Sold for $157,500
$157,500
505 W Melrose St APT 404, Chicago, IL 60657
0beds
1baths
650sqft
Apartment
Built in 1973
-- sqft lot
$192,300 Zestimate®
$242/sqft
$2,323 Estimated rent
Home value
$192,300
$177,000 - $210,000
$2,323/mo
Zestimate® history
Owner options
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Dishwasher
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 650 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Brick
Lot
- Size: 10,521 sqft
Details
- Parcel number: 14213140551025
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 1973
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Chicago
Other
Other facts
- Cooling System: Air Conditioning
- Heating included in rent
- Water included in rent
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2024 | Sold | $157,500+12.5%$242/sqft |
Source: Public Record Report a problem | ||
| 3/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/27/2023 | Listed for rent | $1,250+31.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/15/2023 | Sold | $140,000+3.7%$215/sqft |
Source:  MRED as distributed by MLS GRID #11711709 Report a problem | ||
| 12/29/2022 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11633072 Report a problem | ||
| 12/7/2022 | Contingent | $135,000$208/sqft |
Source: MRED as distributed by MLS GRID #11633072 Report a problem | ||
| 11/26/2022 | Price change | $135,000-8.5%$208/sqft |
Source: MRED as distributed by MLS GRID #11633072 Report a problem | ||
| 9/19/2022 | Listed for sale | $147,500-1.7%$227/sqft |
Source: MRED as distributed by MLS GRID #11633072 Report a problem | ||
| 12/12/2021 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11243411 Report a problem | ||
| 10/28/2021 | Pending sale | $150,000$231/sqft |
Source: MRED as distributed by MLS GRID #11243411 Report a problem | ||
| 10/11/2021 | Listed for sale | $150,000$231/sqft |
Source: MRED as distributed by MLS GRID #11243411 Report a problem | ||
| 1/6/2021 | Listing removed | -- |
Source:  MRED as distributed by MLS GRID Report a problem | ||
| 11/3/2020 | Listed for rent | $950+5.6%$1/sqft |
Source: AP Realty Evanston #10923261 Report a problem | ||
| 7/17/2018 | Listing removed | $900$1/sqft |
Source: Apartment People Report a problem | ||
| 7/13/2018 | Listed for rent | $900$1/sqft |
Source: Apartment People Report a problem | ||
| 1/10/2018 | Listing removed | $900$1/sqft |
Source: Owner Report a problem | ||
| 12/9/2017 | Price change | $900-10%$1/sqft |
Source: Owner Report a problem | ||
| 11/23/2017 | Listed for rent | $1,000$2/sqft |
Source: Apartment People Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $15,917 +36.1% |
| 2023 | $1,769 +3.9% | $11,699 |
| 2022 | $1,703 +1.2% | $11,699 |
| 2021 | $1,683 +74.8% | $11,699 +57.6% |
| 2020 | $962 +1.9% | $7,423 -8.7% |
| 2019 | $945 +1.8% | $8,131 |
| 2018 | $928 +16.5% | $8,131 +15% |
| 2017 | $796 -13.1% | $7,073 |
| 2016 | $916 +12.4% | $7,073 |
| 2015 | $815 -25.5% | $7,073 -16.5% |
| 2014 | $1,094 +3.1% | $8,466 |
| 2013 | $1,061 +50.7% | $8,466 |
| 2012 | $705 -45.4% | $8,466 -29.4% |
| 2011 | $1,290 +10.8% | $11,999 |
| 2010 | $1,164 +179.7% | $11,999 |
| 2009 | $416 -39.8% | $11,999 +4% |
| 2008 | $692 +76.3% | $11,536 |
| 2007 | $392 +0.8% | $11,536 |
| 2006 | $389 -5.1% | $11,536 +28.5% |
| 2005 | $410 +1.9% | $8,978 |
| 2004 | $403 +4.4% | $8,978 |
| 2003 | $385 -5.4% | $8,978 +119.5% |
| 2002 | $408 -42.5% | $4,091 |
| 2001 | $708 +32.7% | $4,091 |
| 2000 | $534 -0.7% | $4,091 +47.2% |
| 1999 | $538 | $2,780 |
Find assessor info on the county website
Neighborhood: Lake View
Nearby schools
GreatSchools rating
- 8/10Nettelhorst Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 3/10Lake View High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$192,300
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Estimated market value
$192,300
- Illinois
- Cook County
- Chicago
- 60657
- Lake View
- 505 W Melrose St Apartment 404
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