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Sold for $221,500
  • $221,500

    505 W Melrose St APT 408, Chicago, IL 60657

    1beds
    1baths
    --sqft
    MultiFamily
    Built in 1973
    -- sqft lot
    $282,900 Zestimate®
    $--/sqft
    $2,343 Estimated rent

    Home value

    $282,900

    $252,000 - $320,000

    $2,343/mo

    Zestimate® history
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    Rent Zestimate®

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    What's special

    505 W Melrose St APT 408, Chicago, IL 60657 is a multi family home that was built in 1973. It contains 1 bedroom and 1 bathroom. This home last sold for $221,500 in March 2024. The Zestimate for this house is $282,900. The Rent Zestimate for this home is $2,343/mo.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Carpet

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 10,521 sqft
    Details
    • Parcel number: 14213140551029

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1973

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • 2nd Bedroom Level \ Not Applicable
    • 3rd Bedroom Level \ Not Applicable
    • 4th Bedroom Level \ Not Applicable
    • Additional Rooms \ No additional rooms
    • Addtl Room 1 Level \ Not Applicable
    • Addtl Room 10 Level \ Not Applicable
    • Addtl Room 2 Level \ Not Applicable
    • Addtl Room 3 Level \ Not Applicable
    • Addtl Room 4 Level \ Not Applicable
    • Addtl Room 5 Level \ Not Applicable
    • Addtl Room 6 Level \ Not Applicable
    • Addtl Room 7 Level \ Not Applicable
    • Addtl Room 8 Level \ Not Applicable
    • Addtl Room 9 Level \ Not Applicable
    • Age \ 41-50 Years
    • Air Conditioning \ 2 (Window\Wall Unit)
    • Amenities \ Common Area Amenities \ Bike Room/Bike Trails
    • Bedrooms \ 2nd Bedroom Level \ Not Applicable
    • Bedrooms \ 3rd Bedroom Level \ Not Applicable
    • Bedrooms \ 4th Bedroom Level \ Not Applicable
    • Bedrooms \ Master Bedroom Level \ Main Level
    • Built Before 1978 (Y\N) \ Yes
    • Common Area Amenities \ Bike Room\Bike Trails
    • Compensation paid on \ Net Lease Price
    • Dates \ Age \ 41-50 Years
    • Dates \ Built Before 1978 (Y/N) \ Yes
    • Driveway \ Asphalt
    • Driveway and Sidewalk \ Driveway \ Asphalt
    • Elementary School: Nettelhorst Elementary School
    • Exposure \ S (South)
    • Exterior Type: Brick
    • Family Room Level \ Not Applicable
    • Flooring \ Dining Room Flooring \ Carpet
    • Flooring \ Living Room Flooring \ Carpet
    • Garage On-Site \ Yes
    • Garage Ownership Parking \ Yes
    • Garage Ownership \ Owned
    • Garbage included in rent
    • Heat\Fuel \ Hot Water\Steam
    • Heating and Cooling \ Air Conditioning \ 2 (Window/Wall Unit)
    • Heating and Cooling \ Heat/Fuel \ Baseboard
    • Heating and Cooling \ Heat/Fuel \ Hot Water/Steam
    • Heating included in rent
    • Heating system: Baseboard
    • Kitchen Level \ Main Level
    • Kitchen Type \ Galley
    • Laundry Level \ Not Applicable
    • Lease Terms \ 1 Year Lease
    • Listing Type \ Exclusive Agency
    • Living Room Level \ Main Level
    • Lot Dimensions \ COMMON
    • MLS Listing ID: 10939873
    • MLS Name: MRED ZDD (MRED ZDD)
    • Management \ Manager Off-site
    • Master Bedroom Level \ Main Level
    • Materials \ Exterior Building Type \ Brick
    • Monthly Rent Incl \ Air Conditioning
    • Monthly Rent Incl \ Cooking Gas
    • Monthly Rent Incl \ Heat
    • Monthly Rent Incl \ Scavenger
    • Monthly Rent Incl \ Storage Lockers
    • Other Information \ Commuter Bus
    • Other Information \ Commuter Train
    • Other Information \ Non-Smoking Unit
    • Other Information \ School Bus Service
    • Other Interior Features \ Interior Property Features \ Elevator
    • Other Rooms \ Additional Rooms \ No additional rooms
    • Other Rooms \ Addtl Room 1 Level \ Not Applicable
    • Other Rooms \ Addtl Room 10 Level \ Not Applicable
    • Other Rooms \ Addtl Room 2 Level \ Not Applicable
    • Other Rooms \ Addtl Room 3 Level \ Not Applicable
    • Other Rooms \ Addtl Room 4 Level \ Not Applicable
    • Other Rooms \ Addtl Room 5 Level \ Not Applicable
    • Other Rooms \ Addtl Room 6 Level \ Not Applicable
    • Other Rooms \ Addtl Room 7 Level \ Not Applicable
    • Other Rooms \ Addtl Room 8 Level \ Not Applicable
    • Other Rooms \ Addtl Room 9 Level \ Not Applicable
    • Other Rooms \ Dining Room Level \ Main Level
    • Other Rooms \ Dining Room \ L-shaped
    • Other Rooms \ Family Room Level \ Not Applicable
    • Other Rooms \ Kitchen Level \ Main Level
    • Other Rooms \ Kitchen Type \ Galley
    • Other Rooms \ Laundry Level \ Not Applicable
    • Other Rooms \ Living Room Level \ Main Level
    • Other \ Compensation paid on \ Net Lease Price
    • Other \ Lease Terms \ 1 Year Lease
    • Other \ Listing Type \ Exclusive Agency
    • Other \ Management \ Manager Off-site
    • Other \ Monthly Rent Incl \ Air Conditioning
    • Other \ Monthly Rent Incl \ Cooking Gas
    • Other \ Monthly Rent Incl \ Heat
    • Other \ Monthly Rent Incl \ Scavenger
    • Other \ Monthly Rent Incl \ Storage Lockers
    • Other \ Other Information \ Commuter Bus
    • Other \ Other Information \ Commuter Train
    • Other \ Other Information \ Non-Smoking Unit
    • Other \ Other Information \ School Bus Service
    • Other \ Status \ New
    • Parking Type \ Garage
    • Parking \ Garage On-Site \ Yes
    • Parking \ Garage Ownership Parking \ Yes
    • Parking \ Garage Ownership \ Owned
    • Parking \ Garage Type \ Attached
    • Parking \ Parking Type \ Garage
    • Sewage included in rent
    • Sewer \ Sewer-Public
    • Size \ Lot Dimensions \ COMMON
    • Size \ Square Feet Source \ Not Reported
    • Square Feet Source \ Not Reported
    • Status \ New
    • Type and Style \ Type of House \ Condo
    • Type and Style \ Type of Rental Property \ Attached
    • Type of House \ Condo
    • Type of Rental Property \ Attached
    • Utilities \ Sewer \ Sewer-Public
    • View Type \ Exposure \ S (South)
    • Water \ Lake Michigan
    • Water \ Water \ Lake Michigan
    • Water included in rent

    Price history

    DateEventPrice
    3/22/2024Sold$221,500
    Source: Public Record Report a problem
    10/25/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/10/2023Listed for rent$1,500+9.1%
    Source: Zillow Rentals Report a problem
    1/12/2021Listing removed--
    Source: MRED as distributed by MLS GRID Report a problem
    11/23/2020Listed for rent$1,375+19.6%
    Source: AP Realty Evanston #10939873 Report a problem
    11/9/2013Listing removed$1,150
    Source: Zillow Rental Network Report a problem
    11/2/2013Listed for rent$1,150
    Source: Zillow Rental Network Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $22,402 +32.6%
    2023$3,565 +2.6%$16,899
    2022$3,476 +2.3%$16,899
    2021$3,398 +46%$16,899 +61.7%
    2020$2,327 +1.2%$10,448 -8.7%
    2019$2,299 +1.7%$11,443
    2018$2,260 +5.5%$11,443 +14.9%
    2017$2,143 +7.5%$9,955
    2016$1,994 +9.3%$9,955
    2015$1,824 -17.5%$9,955 -16.5%
    2014$2,211 +2%$11,916
    2013$2,167 +1.4%$11,916
    2012$2,138 -21.9%$11,916 -29.4%
    2011$2,737 -0.4%$16,888
    2010$2,748 +4.4%$16,888
    2009$2,633 +13.1%$16,888 +4%
    2008$2,329 +1%$16,237
    2007$2,306 -1.1%$16,237
    2006$2,331 +12.9%$16,237 +28.5%
    2005$2,065 +1%$12,636
    2004$2,044 +2.2%$12,636
    2003$2,000 +93.3%$12,636 +119.5%
    2002$1,035 +3.8%$5,758
    2001$997 +32.7%$5,758
    2000$752 +110.3%$5,758 +47.2%
    1999$357 $3,912

    Find assessor info on the county website

    Neighborhood: Lake View

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Nettelhorst Elementary School

    Source: The MLS. 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
    $282,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $282,900