461 W Melrose Street
Chicago, IL, 60657
$2,720,000
6 Beds
5 Baths
5,400 SqFt
0 Acres
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$2,720,000
461 W Melrose Street
Chicago, IL, 60657
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Behind a classic Chicago facade, this contemporary four-level home in East Lakeview offers spacious living and thoughtful updates throughout. Renovated in 2020, this home includes all new mechanicals, windows, designer lighting, and an elevator that connects every level, from the finished basement to the 3rd level. The main level features a large living and dining area that flows into an open family room and a newer chef’s kitchen (2020) with custom cabinetry, premium appliances, a professional-grade hood, a pantry, and a striking marble island. Ceiling heights in the kitchen reach nearly 20 feet, adding to the sense of space. With six spacious above-grade bedrooms, this home offers tremendous flexibility to accommodate a variety of needs-whether you’re looking for extra space for guests, multiple home offices, a yoga room, hobby space, or simply room to grow. The primary suite includes a walk-in closet, access to a private deck, and a luxurious full bath. The finished lower level has high ceilings and flexible space for a rec room, gym, or home theater. Other features include zoned HVAC and custom closets. Outside, enjoy an oversized, fully fenced backyard — an uncommon find in the city — ideal for entertaining, gardening, or play. Multiple decks provide additional outdoor living options. There is also parking for up to four cars. Located just half a block from Lake Shore Drive and Belmont Harbor, this home benefits from RM6 zoning, offering strong future development potential in one of Chicago’s most desirable neighborhoods. Enjoy easy access to public transportation, including express buses to downtown, the lakefront path, Belmont Harbor, and vibrant shopping and dining along Broadway.

Property Details

Price:
$2,720,000
MLS #:
MRD12468655
Status:
Active
Beds:
6
Baths:
5
Type:
Single Family
Neighborhood:
chilakeview
Listed Date:
Sep 12, 2025
Finished Sq Ft:
5,400
Year Built:
1907
Chi – Lake ViewChilakeviewNettelhorst Elementary SchoolNettelhorst Elementary SchoolLake View High School

Schools

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

Interior

Appliances
Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Oven, Range Hood, Humidifier
Bathrooms
3 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air, Zoned
Fireplaces Total
3
Flooring
Hardwood
Heating
Natural Gas, Forced Air, Zoned, Radiant Floor
Laundry Features
Laundry Closet

Exterior

Construction Materials
Brick
Exterior Features
Lighting
Parking Features
Concrete, Driveway, Oversized, On Site, Owned
Parking Spots
4

Financial

HOA Frequency
Not Applicable
HOA Includes
None
Tax Year
2023
Taxes
$37,422
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Single Family in Chicago as of Sep 16, 2025
3,082
Single Family Listed
69
Avg DOM
226
Avg $ / SqFt
$548,747
Avg List Price

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Property Summary

    461 W Melrose Street Chicago IL is a Single Family for sale in Chicago, IL, 60657. It is listed for $2,720,000 and features 6 beds, 5 baths, and has approximately 5,400 square feet of living space, and was originally constructed in 1907. The current price per square foot is $504. The average price per square foot for Single Family listings in Chicago is $226. The average listing price for Single Family in Chicago is $548,747. To schedule a showing of MLS#mrd12468655 at 461 W Melrose Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
461 W Melrose Street
Chicago, IL