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Sold for $183,500
  • $183,500

    505 W Melrose St APT 507, Chicago, IL 60657

    1beds
    1baths
    850sqft
    Apartment
    Built in 1967
    -- sqft lot
    $227,000 Zestimate®
    $216/sqft
    $2,520 Estimated rent

    Home value

    $227,000

    $207,000 - $250,000

    $2,520/mo

    Zestimate® history
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    $2,520/mo

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    Rent Zestimate®

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    $1,556/mo

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    What's special

    Enormous windowsWall of closetsPermit parking
    505 W Melrose St APT 507, Chicago, IL 60657 is a apartment home that contains 850 sq ft and was built in 1967. It contains 1 bedroom and 1 bathroom. This home last sold for $183,500 in March 2024. The Zestimate for this house is $227,000. The Rent Zestimate for this home is $2,520/mo.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • None
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 850 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Brick
    Lot
    • Size: 10,521 sqft
    Details
    • Parcel number: 14213140551038

    Construction

    Type & style
    • Home type: Apartment
    Condition
    • Year built: 1967

    Community & neighborhood

    Location
    • Region: Chicago

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $196 monthly

    Other

    Other facts
    • MLS Listing ID: 11461981
    • MLS Name: MRED

    Price history

    DateEventPrice
    3/22/2024Sold$183,500-3.4%$216/sqft
    Source: Public Record Report a problem
    7/19/2022Listing removed--
    Source: Berkshire Hathaway HomeServices Chicago Report a problem
    7/13/2022Listed for rent$1,575+21.2%$2/sqft
    Source: Berkshire Hathaway HomeServices Chicago #11461981 Report a problem
    2/5/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/23/2021Listed for rent$1,300-3.7%$2/sqft
    Source: Zillow Rental Manager Report a problem
    8/7/2019Listing removed$1,350$2/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #10462256 Report a problem
    7/25/2019Listed for rent$1,350+1.9%$2/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff #10462256 Report a problem
    2/9/2018Sold$190,000-2.6%$224/sqft
    Source: MRED as distributed by MLS GRID #09783575 Report a problem
    1/22/2018Pending sale$195,000$229/sqft
    Source: Urban Living Properties LLC #09783575 Report a problem
    11/9/2017Listing removed$1,325$2/sqft
    Source: Coldwell Banker Residential Brokerage - River North - Chicago Apartment Finders #09792544 Report a problem
    10/22/2017Listed for sale$195,000$229/sqft
    Source: Urban Living Properties LLC #09783575 Report a problem
    9/13/2017Price change$1,325-3.6%$2/sqft
    Source: Coldwell Banker Residential Brokerage - River North - Chicago Apartment Finders #09716146 Report a problem
    8/29/2017Price change$1,375-5.2%$2/sqft
    Source: Coldwell Banker Residential Brokerage - River North - Chicago Apartment Finders #09716146 Report a problem
    8/9/2017Listed for rent$1,450+48.7%$2/sqft
    Source: Residential Brokerage #09716146 Report a problem
    3/7/2012Listing removed$975$1/sqft
    Source: Century 21 - Affiliated Report a problem
    1/12/2012Listed for rent$975-11.4%$1/sqft
    Source: Century 21 - Affiliated Report a problem
    12/6/2011Listing removed$1,100$1/sqft
    Source: Urban Lux - Ceres Stone LLC #07950847 Report a problem
    11/29/2011Price change$1,100+12.8%$1/sqft
    Source: Urban Lux - Ceres Stone LLC #07950847 Report a problem
    11/4/2011Listed for rent$975$1/sqft
    Source: Licensed Real Estate Consultant Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $19,363 +35.4%
    2023$3,017 +2.6%$14,299
    2022$2,941 +2.3%$14,299
    2021$2,875 +42.9%$14,299 +58.3%
    2020$2,012 +1.2%$9,030 -8.7%
    2019$1,987 +55.8%$9,890
    2018$1,275 +13.3%$9,890 +14.9%
    2017$1,126 -8%$8,604
    2016$1,223 +11.6%$8,604
    2015$1,096 -23.6%$8,604 -16.4%
    2014$1,434 +2.8%$10,298
    2013$1,395 -0.4%$10,298
    2012$1,400 -18.1%$10,298 -29.4%
    2011$1,710 +7.8%$14,595
    2010$1,586 +17.4%$14,595
    2009$1,350 +28.6%$14,595 +4%
    2008$1,050 +51.1%$14,033
    2007$695 +28.3%$14,033
    2006$541 -8%$14,033 +28.5%
    2005$588 +5.1%$10,922
    2004$560 +4.5%$10,922
    2003$536 -5.4%$10,922 +119.4%
    2002$567 +10.8%$4,977
    2001$511 +92.6%$4,977
    2000$266 +4.2%$4,977 +47.2%
    1999$255 $3,382

    Find assessor info on the county website

    Neighborhood: Lake View

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    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
    $227,000
    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
    $227,000