$514,900
551 W Melrose Street #1E
Chicago, IL, 60657
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!
Property Details
Price:
$514,900
MLS #:
MRD12365478
Status:
Active
Beds:
2
Baths:
2
Address:
551 W Melrose Street #1E
Type:
Condo
Neighborhood:
CHI – Lake View
City:
Chicago
Listed Date:
May 14, 2025
State:
IL
Finished Sq Ft:
1,600
ZIP:
60657
Year Built:
1920
Schools
School District:
299
Elementary School:
Nettelhorst Elementary School
Interior
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Wall Unit(s)
Heating
Natural Gas, Steam
Laundry Features
Laundry Closet
Exterior
Association Amenities
Bike Room/ Bike Trails, Coin Laundry, Storage
Construction Materials
Brick
Financial
HOA Fee
$433
HOA Frequency
Monthly
HOA Includes
Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2023
Taxes
$6,896
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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