Contingent

$750,000

508 W Melrose St APT 4D, Chicago, IL 60657

2beds

1,654sqft

$6,250/mo

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Condominium, Single Family Residence

Built in ----

-- sqft lot

$769,000 Zestimate^®

$453/sqft

$553/mo HOA

What's special

Large south facing balconyLarge attached bathClean bright freshSplit bedroom floor planGranite countertopsHardwood floors throughoutSs appliances

The one you have been waiting for! This 2BR/2BA, 1600sqft condo unit with large south facing balcony in premier building on Chicago's lakefront. Elevator building with indoor garage parking included. Split bedroom floor plan, fireplace, hardwood floors throughout, en suite primary bedroom with a large attached bath and walk-in closet. Open concept living / dining / kitchen with SS appliances, granite countertops, & island. Large balcony off living room great for grilling. Steps to Lakefront, Lakeview Athletic Club, grocery store, Intelligentsia coffee, and boutiques on Broadway. Clean, bright, fresh, and available now.

38 days
110
4

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Foyer, Balcony/Porch/Lanai, Walk In Closet

Primary bedroom

Features: Flooring (Hardwood), Bathroom (Full)
Level: Main
Area: 322 Square Feet
Dimensions: 23X14

Bedroom 2

Features: Flooring (Hardwood)
Level: Main
Area: 192 Square Feet
Dimensions: 16X12

Balcony porch lanai

Features: Flooring (Other)
Level: Main
Area: 80 Square Feet
Dimensions: 16X5

Dining room

Features: Flooring (Hardwood)
Level: Main
Dimensions: COMBO

Foyer

Features: Flooring (Stone)
Level: Main
Area: 35 Square Feet
Dimensions: 07X05

Kitchen

Features: Kitchen (Eating Area-Breakfast Bar, Island), Flooring (Hardwood)
Level: Main
Area: 110 Square Feet
Dimensions: 11X10

Living room

Features: Flooring (Hardwood)
Level: Main
Area: 391 Square Feet
Dimensions: 23X17

Walk in closet

Features: Flooring (Hardwood)
Level: Main
Area: 64 Square Feet
Dimensions: 08X08

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
Laundry: Washer Hookup, In Unit, Laundry Closet

Features

Storage
Flooring: Hardwood
Basement: None
Number of fireplaces: 1
Fireplace features: Gas Log, Gas Starter, Ventless, Living Room

Interior area

Total structure area: 1,654
Total interior livable area: 1,654 sqft

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Property

Parking

Total spaces: 1
Parking features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
Attached garage spaces: 1
Has uncovered spaces: Yes

Accessibility

Accessibility features: Stair Lift, Bath Grab Bars, No Interior Steps, Disability Access

Features

Exterior features: Balcony

Lot

Features: Common Grounds, Landscaped

Details

Additional parcels included: 14213120551027
Parcel number: 14213120551011
Special conditions: List Broker Must Accompany
Other equipment: TV-Cable, Intercom, Ceiling Fan(s)

Construction

Type & style

Home type: Condo
Property subtype: Condominium, Single Family Residence

Materials

Brick, Limestone
Foundation: Concrete Perimeter
Roof: Rubber

Condition

New construction: No

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Lake Michigan

Community & HOA

Community

Security: Security System, Fire Sprinkler System, Carbon Monoxide Detector(s)

HOA

Has HOA: Yes
Amenities included: Elevator in Residence, Exercise Room, Storage
Services included: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
HOA fee: $553 monthly

Location

Region: Chicago

Financial & listing details

Price per square foot: $453/sqft
Tax assessed value: $497,030
Annual tax amount: $10,239
Date on market: 7/21/2026
Ownership: Condo

Estimated market value

$769,000

$731,000 - $807,000

$4,874/mo

Price history

Date	Event	Price
7/27/2026	Contingent	$750,000$453/sqft
Source: MRED as distributed by MLS GRID #12710314 Report a problem
7/21/2026	Listed for sale	$750,000+50.3%$453/sqft
Source: MRED as distributed by MLS GRID #12710314 Report a problem
4/19/2004	Sold	$499,000$302/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,308 -9.6%	$49,703 +0.4%
2023	$9,185 +3%	$49,499
2022	$8,915 +18.9%	$49,499
2021	$7,499 -1.3%	$49,499 +22.8%
2020	$7,601 +1.4%	$40,323 -8.7%
2019	$7,495 -0.1%	$44,165
2018	$7,503 +9.1%	$44,165 +16.2%
2017	$6,876 +1.8%	$38,015
2016	$6,757 +10%	$38,015
2015	$6,142 +16.4%	$38,015 +15.7%
2014	$5,278 +2.4%	$32,848
2013	$5,154 +0.5%	$32,848
2012	$5,127 -6.6%	$32,848 -11.8%
2011	$5,490 -1.4%	$37,245
2010	$5,568 +4.2%	$37,245
2009	$5,345 +4.3%	$37,245 -4.2%
2008	$5,122 +0.4%	$38,898
2007	$5,100	$38,898

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Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: Lake View

Getting around

92 / 100

Walker's Paradise

80 / 100

Excellent Transit

89 / 100

Very Bikeable

Nearby schools

GreatSchools rating

8/10
Nettelhorst Elementary School
Grades: PK-8Distance: 0.1 mi
3/10
Lake View High School
Grades: 9-12Distance: 1.6 mi

Schools provided by the listing agent

Elementary: Nettelhorst Elementary 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.