Flooded with natural light and filled with charm, this oversized 2-bed + den, 2-bath home in East Lakeview offers the perfect blend of vintage elegance and modern updates-just one block from Nettelhorst Elementary and the lakefront. With nearly 1,600 square feet of living space, the sun-drenched layout features gleaming hardwood floors, elegant crown molding, and bay windows that pour in natural light. The kitchen features stainless steel appliances and a pantry closet. Two generous bedrooms include a primary suite with walk-in closet and ensuite bath. The flexible den is perfect for a playroom, nursery, or reading nook. Downstairs, a massive heated basement space (private to this unit) offers incredible versatility for a home office, art studio, gym, or all of the above. Parking is available for rent in the area. Just blocks from Belmont Harbor, the Lakefront Trail, CTA, and top dining. Well managed, pet and investor friendly building with 92% owner occupancy. Welcome to the best of city living!
Closed
$492,000
551 W Melrose St APT 1E, Chicago, IL 60657
2beds
1,600sqft
Condominium, Single Family Residence
Built in 1920
-- sqft lot
$-- Zestimate®
$308/sqft
$3,964 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,964/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing courtesy of:
Alexandre Stoykov 312-319-1168,
Compass
Bought with:
Nicole Kourtis
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12382704
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Bathroom (Full)
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10X14
Bedroom 2
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10X13
Den
- Level: Main
- Area: 70 Square Feet
- Dimensions: 10X7
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12X8
Kitchen
- Features: Kitchen (Pantry-Closet), Flooring (Hardwood)
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11X9
Laundry
- Features: Flooring (Other)
- Level: Basement
- Area: 80 Square Feet
- Dimensions: 8X10
Living room
- Features: Flooring (Hardwood), Window Treatments (Bay Window(s))
- Level: Main
- Area: 228 Square Feet
- Dimensions: 12X19
Heating
- Natural Gas, Steam
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Laundry Closet
Features
- Basement: Finished,Storage Space,Partial
Interior area
- Total structure area: 0
- Total interior livable area: 1,600 sqft
Property
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 14213140501007
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1920
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $433 monthly
- Amenities included: Bike Room/Bike Trails, Coin Laundry, Storage
- Services included: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Other
Other facts
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2025 | Sold | $492,000-3.3%$308/sqft |
Source:  MRED as distributed by MLS GRID #12382704 Report a problem | ||
| 6/18/2025 | Contingent | $509,000$318/sqft |
Source: MRED as distributed by MLS GRID #12382704 Report a problem | ||
| 6/3/2025 | Price change | $509,000-1.1%$318/sqft |
Source: MRED as distributed by MLS GRID #12382704 Report a problem | ||
| 5/14/2025 | Price change | $514,900-1.9%$322/sqft |
Source: MRED as distributed by MLS GRID #12365478 Report a problem | ||
| 4/22/2025 | Listed for sale | $524,900+7.1%$328/sqft |
Source: MRED as distributed by MLS GRID #12334139 Report a problem | ||
| 3/4/2024 | Sold | $490,000-1.8%$306/sqft |
Source: MRED as distributed by MLS GRID #11953533 Report a problem | ||
| 2/1/2024 | Contingent | $499,000$312/sqft |
Source: MRED as distributed by MLS GRID #11953533 Report a problem | ||
| 1/1/2024 | Listed for sale | $499,000$312/sqft |
Source: MRED as distributed by MLS GRID #11953533 Report a problem | ||
| 1/1/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11935936 Report a problem | ||
| 11/23/2023 | Listed for sale | $499,000$312/sqft |
Source: MRED as distributed by MLS GRID #11935936 Report a problem | ||
| 11/23/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11913582 Report a problem | ||
| 10/20/2023 | Listed for sale | $499,000-9.3%$312/sqft |
Source: MRED as distributed by MLS GRID #11913582 Report a problem | ||
| 7/25/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11764686 Report a problem | ||
| 6/2/2023 | Price change | $550,000-3.5%$344/sqft |
Source: MRED as distributed by MLS GRID #11764686 Report a problem | ||
| 5/18/2023 | Listed for sale | $570,000+75.4%$356/sqft |
Source: MRED as distributed by MLS GRID #11764686 Report a problem | ||
| 10/20/2022 | Contingent | $325,000$203/sqft |
Source: MRED as distributed by MLS GRID #11612413 Report a problem | ||
| 9/14/2022 | Price change | $325,000-3%$203/sqft |
Source: MRED as distributed by MLS GRID #11612413 Report a problem | ||
| 8/24/2022 | Listed for sale | $335,000-1.5%$209/sqft |
Source: MRED as distributed by MLS GRID #11612413 Report a problem | ||
| 7/19/2022 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11397823 Report a problem | ||
| 7/13/2022 | Price change | $340,000-2.9%$213/sqft |
Source: MRED as distributed by MLS GRID #11397823 Report a problem | ||
| 7/7/2022 | Listed for sale | $350,000$219/sqft |
Source: MRED as distributed by MLS GRID #11397823 Report a problem | ||
| 5/23/2022 | Contingent | $350,000$219/sqft |
Source: MRED as distributed by MLS GRID #11397823 Report a problem | ||
| 5/9/2022 | Listed for sale | $350,000+40%$219/sqft |
Source: MRED as distributed by MLS GRID #11397823 Report a problem | ||
| 10/20/2010 | Sold | $250,000-3.8%$156/sqft |
Source: Berkshire Hathaway HomeServices Koenig Rubloff #07610034_60657_1E Report a problem | ||
| 9/25/2010 | Pending sale | $259,900$162/sqft |
Source: Koenig & Strey Real Living #07610034 Report a problem | ||
| 8/19/2010 | Listed for sale | $259,900$162/sqft |
Source: Koenig & Strey Real Living #07610034 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2014 | $3,506 -0.4% | $23,853 |
| 2013 | $3,518 +0.2% | $23,853 |
| 2012 | $3,513 -29.3% | $23,853 -22.2% |
| 2011 | $4,966 +24.1% | $30,643 |
| 2010 | $4,000 +3.8% | $30,643 |
| 2009 | $3,853 +34.6% | $30,643 +14.9% |
| 2008 | $2,861 +15% | $26,662 |
| 2007 | $2,488 +3.2% | $26,662 |
| 2006 | $2,412 -15.4% | $26,662 +7.7% |
| 2005 | $2,849 +3.7% | $24,756 |
| 2004 | $2,748 -29.8% | $24,756 |
| 2003 | $3,917 | $24,756 |
Find assessor info on the county website
Neighborhood: Lake View
Nearby schools
GreatSchools rating
- 8/10Nettelhorst Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 3/10Lake View High SchoolGrades: 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.
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- 551 W Melrose St Apartment 1E
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