1516 W Melrose Street
Chicago, IL, 60657
$2,450,000
5 Beds
5 Baths
5,100 SqFt
0.07 Acres
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$2,450,000
1516 W Melrose Street
Chicago, IL, 60657
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BURLEY SCHOOL DISTRICT! Extra wide 5,100 sq. ft. South-facing brick and limestone home in the heart of the Southport Corridor that blends luxury, style, and functionality. Redesigned in 2020, and enhanced in 2023 & 2024 to seamlessly blend classic elegance with modern sophistication. Step inside to bright interior with 45 windows, walnut hardwood floors (heated on 1st level and lower level),coffered ceilings, paneled walls, designer sconces, and statement chandeliers. Sleek kitchen has an oversized island, Wolf six-burner cooktop and double oven, Sub-Zero refrigerator, and a two-zone wine fridge with a built-in wine rack. FLOS lighting and quartz countertops elevate the space, which flows seamlessly into the sun-drenched family room featuring a new Montigo 54″ gas fireplace- one of four fireplaces throughout the home. The lux primary suite has its own outdoor Summer reading terrace, walk-in closets, gas fireplace, and a spa-like bathroom complete with heated floors, a steam shower, a soaking tub, and separate vanities. The other two bedrooms on the second floor are excellent size with organized closets. The third floor offers a bright office space with a south-facing walkout deck, full bath and a fourth bedroom with a private north-facing deck that has a outdoor fire table. The expansive lower level features high ceilings, an enormous recreation room enhanced with an oynx wet bar, a Sub-Zero wine fridge, and wood burning fireplace. Private outdoor spaces include a paver patio for grilling and a garage roof deck with a full pergola, perfect for al fresco dining. All outdoor terraces were recently built out with Ipe wood, planters, lighting and lush greenery. The guest suite in the lower level has a redesigned bath and is perfect for in-laws, a home gym, or a live-in nanny. Just two blocks from everything the walkable Southport Corridor has to offer, including Whole Foods, Target, parks, Paulina Brown line, and top-rated schools.

Property Details

Price:
$2,450,000
MLS #:
MRD12279329
Status:
Active
Beds:
5
Baths:
5
Address:
1516 W Melrose Street
Type:
Single Family
Neighborhood:
CHI – Lake View
City:
Chicago
Listed Date:
Feb 24, 2025
State:
IL
Finished Sq Ft:
5,100
ZIP:
60657
Year Built:
2005

Schools

School District:
299
Elementary School:
Burley Elementary School
Middle School:
Burley Elementary School
High School:
Lake View High School

Interior

Appliances
Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Range Hood, Gas Cooktop, Humidifier
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Zoned
Fireplaces Total
4
Heating
Natural Gas, Forced Air, Radiant
Laundry Features
In Unit

Exterior

Architectural Style
Traditional
Community Features
Gated
Exterior Features
Patio, Roof Deck
Parking Spots
25
Roof
Rubber

Financial

HOA Frequency
Not Applicable
HOA Includes
None
Tax Year
2023
Taxes
$35,591
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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1516 W Melrose Street
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