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  5. 421 W Melrose St
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421 W Melrose St

421 W Melrose St, Chicago, IL, 60657

YEAR BUILT

1928

# STORIES

21

# TOTAL UNITS

57

UNIT SIZE RANGE

1,050-4,500 sqft

Description

421 W Melrose St. stands in the Lakeview neighborhood of Chicago. This high-rise building has 21 stories and contains 57 units. Built in 1928, it showcases vintage architecture mixed with modern comforts. It is close to public transportation and local businesses. Unit sizes range from 1,050 to 4,500 square feet. Prices for these units vary from $965,000 to $1,075,000. The average price per square foot is around $241. Buyers can expect a good selection of bedrooms, with options for 1 to 4. Average days on the market for these units is about 86. This gives potential buyers a fair amount of time to explore their options. Recent sales show a wide range of pricing, making it appealing for different budgets. Amenities in the building include a fitness room and laundry facilities. Residents also enjoy access to a rooftop deck with stunning views. There’s a doorman, a sauna, and spaces for bikes. This building even allows dogs for those with furry friends. The nearby area enhances living here. It’s just steps away from Lake Michigan and Belmont Harbor. Local restaurants like Bridget McNeill’s Grill & Pub and grocery stores like Convenient Food Mart are close. This adds to the vibrant lifestyle residents can enjoy. This building combines comfort, amenities, and a great location. The mix of vintage charm and modern features makes it stand out. Living here offers an enjoyable city experience with plenty of outdoor and urban activity options.

Building ImageMLS ID #12293261
Building ImageMLS ID #12303912
Building Image
Building ImageView Listing

421 W Melrose St

421 W Melrose St, Chicago, IL, 60657

YEAR BUILT

1928

# STORIES

21

# TOTAL UNITS

57

UNIT SIZE RANGE

1,050-4,500 sqft

Description

421 W Melrose St. stands in the Lakeview neighborhood of Chicago. This high-rise building has 21 stories and contains 57 units. Built in 1928, it showcases vintage architecture mixed with modern comforts. It is close to public transportation and local businesses. Unit sizes range from 1,050 to 4,500 square feet. Prices for these units vary from $965,000 to $1,075,000. The average price per square foot is around $241. Buyers can expect a good selection of bedrooms, with options for 1 to 4. Average days on the market for these units is about 86. This gives potential buyers a fair amount of time to explore their options. Recent sales show a wide range of pricing, making it appealing for different budgets. Amenities in the building include a fitness room and laundry facilities. Residents also enjoy access to a rooftop deck with stunning views. There’s a doorman, a sauna, and spaces for bikes. This building even allows dogs for those with furry friends. The nearby area enhances living here. It’s just steps away from Lake Michigan and Belmont Harbor. Local restaurants like Bridget McNeill’s Grill & Pub and grocery stores like Convenient Food Mart are close. This adds to the vibrant lifestyle residents can enjoy. This building combines comfort, amenities, and a great location. The mix of vintage charm and modern features makes it stand out. Living here offers an enjoyable city experience with plenty of outdoor and urban activity options.

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Description

421 W Melrose St. stands in the Lakeview neighborhood of Chicago. This high-rise building has 21 stories and contains 57 units. Built in 1928, it showcases vintage architecture mixed with modern comforts. It is close to public transportation and local businesses. Unit sizes range from 1,050 to 4,500 square feet. Prices for these units vary from $965,000 to $1,075,000. The average price per square foot is around $241. Buyers can expect a good selection of bedrooms, with options for 1 to 4. Average days on the market for these units is about 86. This gives potential buyers a fair amount of time to explore their options. Recent sales show a wide range of pricing, making it appealing for different budgets. Amenities in the building include a fitness room and laundry facilities. Residents also enjoy access to a rooftop deck with stunning views. There’s a doorman, a sauna, and spaces for bikes. This building even allows dogs for those with furry friends. The nearby area enhances living here. It’s just steps away from Lake Michigan and Belmont Harbor. Local restaurants like Bridget McNeill’s Grill & Pub and grocery stores like Convenient Food Mart are close. This adds to the vibrant lifestyle residents can enjoy. This building combines comfort, amenities, and a great location. The mix of vintage charm and modern features makes it stand out. Living here offers an enjoyable city experience with plenty of outdoor and urban activity options.

421 W Melrose St Market Stats Last 12 months

Avg. Listed Price$504,700($243/Sqft.)

Avg. Sale Price$485,943($241/Sqft.)
Year over year list priceUp Arrow2.05%

Year over year sale priceUp Arrow 51.86%
Total Listings4 Listed

Total sold7 Sold
Average Days on Market86 days

Average HOA fees per sqft$1 /monthly
Next

Market Stats

Year over year list priceUp Arrow2.05%

Year over year sale priceUp Arrow51.86%
Total Listings4 Listed

Total sold7 Sold
Average Days on Market86 days

Average HOA fees per sqft$1 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

421 W Melrose St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 19C19C300033772024-12-12
MLS#: 12173668
Closed$965,000
Unit 21BC21BC3200441742023-01-10
MLS#: 11469902
Closed$1,075,000
Unit 16BD16BD-333072011-04-04
MLS#: 07542247
Closed$680,000
Unit 16BD
16BD

3 Beds

3 Baths

0 sqft


DateStatusPrice
2011-04-04Closed$680,000
MLS#: 07542247
Days On Market307
Unit 19C
19C

3 Beds

3 Baths

3000 sqft


DateStatusPrice
2024-12-12Closed$965,000
MLS#: 12173668
Days On Market77
Unit 21BC
21BC

4 Beds

4 Baths

3200 sqft


DateStatusPrice
2023-01-10Closed$1,075,000
MLS#: 11469902
Days On Market174
View Complete Unit Listing HistorySource By: MRED

Amenities

Life at 421 W Melrose St is all about comfort and convenience. You'll find amenities designed to cater to a modern lifestyle, including a fully-equipped exercise room to help you keep fit, and a health club to support your wellness goals. The sauna and sundeck present perfect spots to unwind and soak in the views of the city—imagine sunbathing or hosting friends on the rooftop! Other features like a party room and a bike room mean that entertainment and outdoor activities are just a stone's throw away, making this building an ideal choice for active young homeowners.

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Amenities Description

Life at 421 W Melrose St is all about comfort and convenience. You'll find amenities designed to cater to a modern lifestyle, including a fully-equipped exercise room to help you keep fit, and a health club to support your wellness goals. The sauna and sundeck present perfect spots to unwind and soak in the views of the city—imagine sunbathing or hosting friends on the rooftop! Other features like a party room and a bike room mean that entertainment and outdoor activities are just a stone's throw away, making this building an ideal choice for active young homeowners.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
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Amenities

Water View

Water View

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Door Person

Door Person

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Sundeck

Sundeck

Receiving Room

Receiving Room

Sauna

Sauna

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

High Speed Conn.

High Speed Conn.

Policies

Pets are welcome here, which is fantastic news if you're a proud dog or cat owner! However, it's essential to note that there are some policies in place, including limits on the number of pets and additional pet rent. This makes it a great choice for pet lovers who value being part of a community that is both accommodating and structured.

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Amenities Description

Pets are welcome here, which is fantastic news if you're a proud dog or cat owner! However, it's essential to note that there are some policies in place, including limits on the number of pets and additional pet rent. This makes it a great choice for pet lovers who value being part of a community that is both accommodating and structured.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
421 W Melrose St$241/sqft.$1 /sqft.
Eddystone Condominiums$237/sqft.$1 /sqft.
3180 N Lake Shore Dr$308/sqft.$2 /sqft.
3100 N Lake Shore Dr$259/sqft.$2 /sqft.
3150 N Lake Shore Dr$225/sqft.$2 /sqft.
436 W Belmont Avenue$378/sqft.$4 /sqft.

Nearby Schools

Discover top-rated schools located close to 421 W Melrose St.

Nettelhorst Elementary School

B
Public|Grades PK–8
3252 N Broadway St|0.31 miles away

Inter-American Elementary Magnet School

B+
Public|Grades PK–8
851 W Waveland Ave|1.03 miles away

Bernard Zell Anshe Emet Day School

--
Private|Grades PK–8
3751 N Broadway St|1.07 miles away

Alcott Elementary School

A
Public|Grades KG–8
2625 N Orchard St|1.12 miles away

Hawthorne Elementary Scholastic Academy

A
Public|Grades KG–8
3319 N Clifton Ave|1.19 miles away

Agassiz Elementary School

B-
Public|Grades PK–8
2851 N Seminary Av...|1.23 miles away
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Schools

Nettelhorst Elementary School

B
Public|Grades PK–8
3252 N Broadway St|Less than 1 Mile Away

Inter-American Elementary Magnet School

B+
Public|Grades PK–8
851 W Waveland Ave|1.03 Miles Away

Bernard Zell Anshe Emet Day School

--
Private|Grades PK–8
3751 N Broadway St|1.07 Miles Away

Alcott Elementary School

A
Public|Grades KG–8
2625 N Orchard St|1.12 Miles Away

Hawthorne Elementary Scholastic Academy

A
Public|Grades KG–8
3319 N Clifton Ave|1.19 Miles Away

Agassiz Elementary School

B-
Public|Grades PK–8
2851 N Seminary Av...|1.23 Miles Away

St Clement School

--
Private|Grades PK–8
2524 N Orchard St|1.24 Miles Away

Greeley Elementary School

B+
Public|Grades PK–8
832 W Sheridan Rd|1.32 Miles Away

Park View Montessori School - Chicago

--
Private|Grades PK–KG
640 W Irving Park ...|1.37 Miles Away

Disney Elementary Magnet School

A
Public|Grades PK–8
4140 N Marine Dr|1.54 Miles Away

Lincoln Elementary School

A+
Public|Grades KG–8
615 W Kemper Pl|1.57 Miles Away

Alphonsus Academy & Center for the Arts

--
Private|Grades PK–8
1439 W Wellington ...|1.78 Miles Away

St Luke Academy

--
Private|Grades PK–8
1500 W Belmont Ave|1.81 Miles Away

Brennemann Elementary School

C
Public|Grades PK–8
4251 N Clarendon A...|1.89 Miles Away

Blaine Elementary School

A-
Public|Grades PK–8
1420 W Grace St|1.92 Miles Away

St Mary of the Lake School

--
Private|Grades PK–8
1026 W Buena Ave|1.96 Miles Away

Burley Elementary School

A-
Public|Grades KG–8
1630 W Barry Ave|2.04 Miles Away

Lincoln Park High School

B+
Public|Grades 9–12
2001 N Orchard St|2.04 Miles Away

Mayer Elementary School

A
Public|Grades PK–8
2250 N Clifton Ave|2.05 Miles Away

St James Lutheran School

--
Private|Grades PK–8
2101 N Fremont St|2.06 Miles Away

Hamilton Elementary School

B+
Public|Grades PK–8
1650 W Cornelia Av...|2.12 Miles Away

Cardinal Bernardin Montessori Academy

--
Private|Grades PK–4
1651 W Diversey Pk...|2.23 Miles Away

St Andrew School

--
Private|Grades PK–8
1710 W Addison St|2.24 Miles Away

St Josaphat School

--
Private|Grades PK–8
2245 N Southport A...|2.25 Miles Away

Prescott Elementary School

A
Public|Grades PK–8
1632 W Wrightwood ...|2.27 Miles Away

Lake View High School

C-
Public|Grades 9–12
4015 N Ashland Ave|2.36 Miles Away

Jahn Elementary School

B
Public|Grades KG–8
3149 N Wolcott Ave|2.41 Miles Away

Uplift Community High School

F
Public|Grades 9–12
900 W Wilson Ave|2.45 Miles Away

Newberry Elementary Math & Science Academy

B-
Public|Grades PK–8
700 W Willow St|2.52 Miles Away

Yccs-Truman Middle College High School

--
Public|Grades 9–12
1145 W Wilson Ave|2.53 Miles Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|2.53 Miles Away

Courtenay Elementary School

C+
Public|Grades PK–8
4420 N Beacon St|2.57 Miles Away

German International School Chicago

--
Private|Grades PK–7
1726 W Berteau Ave|2.69 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Addison & Pine Grove

0.73 miles away|14 min walk

Addison & Lake Shore

0.73 miles away|15 min walk

Addison & Broadway

0.75 miles away|15 min walk

Addison & Halsted

0.83 miles away|16 min walk

Addison & Fremont

0.96 miles away|19 min walk

Addison Red Line Station

1.07 miles away|21 min walk
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Transit

Addison & Pine Grove

0.73 miles away|14 min walk

Addison & Lake Shore

0.73 miles away|15 min walk

Addison & Broadway

0.75 miles away|15 min walk

Addison & Halsted

0.83 miles away|16 min walk

Addison & Fremont

0.96 miles away|19 min walk

Addison Red Line Station

1.07 miles away|21 min walk

Addison (Red)

1.08 miles away|21 min walk

Addison-Red

1.08 miles away|21 min walk

Addison & Clark

1.22 miles away|24 min walk

Addison & Racine

1.38 miles away|27 min walk

Addison & Lakewood

1.56 miles away|30 min walk

Addison & Southport

1.71 miles away|33 min walk

4251 N Marine Drive

1.83 miles away|36 min walk

4250 N Marine Drive

1.84 miles away|36 min walk

3930 N Clark

1.87 miles away|36 min walk

Addison & Greenview

1.87 miles away|36 min walk

Ashland & Belmont/Lincoln

1.94 miles away|38 min walk

Ashland & Roscoe

1.95 miles away|38 min walk

4225 N Sheridan

1.95 miles away|38 min walk

4242 N Sheridan

1.97 miles away|38 min walk

Addison & Ashland

2.02 miles away|39 min walk

Ashland & Addison

2.03 miles away|39 min walk

Ashland & Diversey

2.06 miles away|40 min walk

Armitage & Cleveland

2.1 miles away|41 min walk

Armitage & Lincoln/Sedgwick

2.1 miles away|41 min walk

Armitage & Clark

2.11 miles away|41 min walk

Armitage & Larrabee

2.12 miles away|41 min walk

Armitage & Orchard

2.14 miles away|42 min walk

Ashland & Grace

2.15 miles away|42 min walk

Armitage & Halsted

2.18 miles away|42 min walk

Addison & Paulina

2.19 miles away|42 min walk

Armitage & Fremont

2.23 miles away|43 min walk

Armitage Station (Brown Line)

2.27 miles away|44 min walk

Armitage

2.27 miles away|44 min walk

Armitage (Brown/Purple)

2.27 miles away|44 min walk

Ashland & Irving Park

2.32 miles away|45 min walk

Addison & Lincoln

2.33 miles away|45 min walk

Armitage & Seminary

2.36 miles away|46 min walk

1900 N Halsted

2.38 miles away|46 min walk

Ashland & Fullerton

2.39 miles away|46 min walk

1800 W Diversey

2.41 miles away|47 min walk

1761 W Diversey

2.42 miles away|47 min walk

Addison Brown Line Station

2.42 miles away|47 min walk

Addison (Brown)

2.42 miles away|47 min walk

Addison-Brown

2.42 miles away|47 min walk

4646 N Marine Drive

2.44 miles away|47 min walk

Addison & Wolcott

2.51 miles away|49 min walk

Ashland & Berteau

2.52 miles away|49 min walk

Ashland & Webster

2.65 miles away|51 min walk

Addison & Damen

2.67 miles away|52 min walk

The Neighbourhood: 421 W Melrose St

Lake View, located in Cook County, IL, is a vibrant neighborhood known for its lively atmosphere and diverse offerings. The area boasts beautiful parks, including Belmont Harbor, where residents can enjoy lakeside views and outdoor activities. Sports enthusiasts will love the proximity to Wrigley Field, home of the Chicago Cubs. The neighborhood features a wide array of dining options, from casual eateries to fine dining, catering to every palate. Excellent public transportation options, including the CTA Red, Brown, and Purple lines, provide easy access to downtown Chicago and beyond.

Next

Neighbourhood Description

Lake View, located in Cook County, IL, is a vibrant neighborhood known for its lively atmosphere and diverse offerings. The area boasts beautiful parks, including Belmont Harbor, where residents can enjoy lakeside views and outdoor activities. Sports enthusiasts will love the proximity to Wrigley Field, home of the Chicago Cubs. The neighborhood features a wide array of dining options, from casual eateries to fine dining, catering to every palate. Excellent public transportation options, including the CTA Red, Brown, and Purple lines, provide easy access to downtown Chicago and beyond.

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421 W Melrose St Demographics

Age Demographics

0–14 Years

8.32%

15–29 Years

37.71%

30–44 Years

27.98%

45–59 Years

12.31%

60+ Years

13.68%

Commute

44.1%

Transit

5.67%

Walk

26.09%

Drive

2.64%

Bike

Housing Ownership

31.78%

Owner Occupied

68.22%

Rental Units

Household Types

Single Family
11.01%
Multi Family
1.41%
Single Person
58.39%
Multi Person
41.61%

Average Income

Household:$9,570,501.02 /yr

Individual:$7,948,285.12 /yr

Education

Bachelors Degree48.82%
High School College3.78%
Diploma2.47%
Post Graduate35.38%
Others9.56%
Next

Education

Diploma2.47%
Post Graduate35.38%
Others9.56%
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    421 W Melrose St
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