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  • $1,525,000

    508 W Melrose St Ph W, Chicago, IL 60657

    3beds
    3,500sqft
    : 
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    Condominium, Single Family Residence
    Built in 2003
    -- sqft lot
    $1,463,600 Zestimate®
    $436/sqft
    $1,363/mo HOA

    What's special

    Rarely available approx. 3,500 sq ft on one-floor penthouse in elegant East Lakeview elevator building. Single-family home living in this spacious and well planned 3 bedroom plus study, 3.5 bath unit. Included with the unit are in building 3 deeded side by side heated garage parking spaces. Walk in and be amazed at the open concept kitchen, living room, and dining room area, perfect for entertaining and everyday living. This bright and extra wide unit offers privacy and views facing south, north and west. There is no shortage of natural light throughout, including 4 skylights that enhance the overall brightness of the unit. Updated kitchen offers caesarstone quartz countertops, peninsula and island perfect for entertaining and cooking. Walk out to the expansive terrace through two sets of double french doors, accessed from the living and dining room, and enjoy the sunset or your morning coffee. The terrace is equipped with a gas line for all your barbeque needs. Unit features high ceilings with beautiful ceiling details with crown molding throughout the unit, spacious living room area large enough for a sectional or two sofas, hardwood floors throughout, side by side washer dryer and loads of storage space. Cuddle up next to one of the two wood burning gas starter fireplaces and enjoy a glass of wine. Large primary bedroom with walk in closet, 2 sets of double closets, balcony and spa-like bathroom with dual vanities, whirlpool and separate shower. Second and third bedrooms are both ensuite and have ample storage and space for a king size bed. The study could serve as an extra bedroom, nursery, reading room or gym. Don't miss the opportunity to live in this spectacular home in the heart of East Lakeview, surrounded by bars, restaurants and coffee shops. Walking distance to grocery stores and the "L". Welcome home!
    90 days
    |
    588
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sara McCarthy 312-216-2422,

    Keller Williams ONEChicago,

    Lena Quist,

    Keller Williams ONEChicago

    Source: MRED as distributed by MLS GRID,MLS#: 12506348MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Study, Balcony/Porch/Lanai
      Primary bedroom
      • Features: Flooring (Hardwood), Window Treatments (Curtains/Drapes), Bathroom (Full)
      • Level: Main
      • Area: 288 Square Feet
      • Dimensions: 18X16
      Bedroom 2
      • Features: Flooring (Hardwood), Window Treatments (Curtains/Drapes)
      • Level: Main
      • Area: 208 Square Feet
      • Dimensions: 16X13
      Bedroom 3
      • Features: Flooring (Hardwood), Window Treatments (Curtains/Drapes)
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12X12
      Balcony porch lanai
      • Level: Main
      • Area: 341 Square Feet
      • Dimensions: 31X11
      Dining room
      • Features: Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Area: 210 Square Feet
      • Dimensions: 15X14
      Kitchen
      • Features: Kitchen (Eating Area-Breakfast Bar, Island, Updated Kitchen), Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Area: 224 Square Feet
      • Dimensions: 16X14
      Laundry
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10X10
      Living room
      • Features: Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Area: 527 Square Feet
      • Dimensions: 31X17
      Study
      • Features: Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 12X10
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Range Hood, Gas Cooktop
      • Laundry: Washer Hookup, In Unit, Laundry Closet
      Features
      • Elevator, Storage, Walk-In Closet(s), Bookcases, Open Floorplan
      • Flooring: Hardwood
      • Windows: Drapes, Blinds
      • Basement: None
      • Number of fireplaces: 2
      • Fireplace features: Wood Burning, Gas Starter, Family Room, Living Room
      Interior area
      • Total structure area: 0
      • Total interior livable area: 3,500 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Shared Driveway, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Exterior features: Balcony
      Details
      • Additional parcels included: 14213120551052,14213120551051,14213120551053
      • Parcel number: 14213120551021
      • Special conditions: List Broker Must Accompany
      • Other equipment: Intercom

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Single Family Residence
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s)
      • Subdivision: Park Plaza At Belmont Harbor
      HOA
      • Has HOA: Yes
      • Amenities included: Elevator in Residence, Exercise Room, Storage, Security Door Lock(s)
      • Services included: Water, Insurance, Security, Exercise Facilities, Scavenger, Snow Removal, Internet
      • HOA fee: $1,363 monthly
      Location
      • Region: Chicago

      Financial & listing details

      • Price per square foot: $436/sqft
      • Tax assessed value: $84,953
      • Annual tax amount: $29,171
      • Date on market: 4/9/2026
      • Ownership: Condo

        Estimated market value

        $1,463,600

        $1.39M - $1.54M

        $7,255/mo

        Price history

        DateEventPrice
        4/9/2026Listed for sale$1,525,000+165.2%$436/sqft
        Source: MRED as distributed by MLS GRID #12506348 Report a problem
        9/6/2016Sold$575,000$164/sqft
        Source: Agent Provided Report a problem
        9/1/2013Listing removed$3,000$1/sqft
        Source: Zillow Rental Network Report a problem
        8/23/2013Listed for rent$3,000$1/sqft
        Source: Zillow Rental Network Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2014$15,285 +2.1%$84,953
        2013$14,973 +1.2%$84,953
        2012$14,797 -3.2%$84,953 -11.8%
        2011$15,282 -0.6%$96,325
        2010$15,378 +4.3%$96,325
        2009$14,743 +4.1%$96,325 -4.3%
        2008$14,167 -0.9%$100,603
        2007$14,288 +0.8%$100,603 0%
        2006$14,178 -15.8%$100,608 -8.9%
        2005$16,847 +123.2%$110,420 +136.7%
        2004$7,547 $46,659

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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
        Schools provided by the listing agent
        • Elementary: Nettelhorst Elementary School
        • Middle: Nettelhorst 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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