505 West Melrose Condominiums is a five-story residential building located at 505 W Melrose Street in Chicago, IL. Constructed in 1972, this well-maintained building offers a selection of spacious 1 and 2-bedroom units. The mid-century modern design of 505 West Melrose incorporates durable construction materials, providing both aesthetics and longevity. Residents benefit from essential amenities such as on-site laundry facilities, secure entry systems, and dedicated parking spaces. Additionally, the building is equipped with bicycle storage, accommodating active lifestyles. The surrounding neighborhood features a diverse array of dining options, local boutiques, and convenient public transportation, making it an ideal urban living environment. The building's location in the 60657 ZIP code places it near green spaces and recreational areas, allowing residents to enjoy leisurely outdoor activities within walking distance. Furthermore, the area is known for its vibrant culture and community spirit, characterized by annual events and local festivals. 505 West Melrose Condominiums provides an excellent blend of comfort and convenience, set in a well-connected urban setting.
Life in a condominium should be convenient, and at 505 West Melrose, comfort is key. Beyond the already convenient location and building features, you’ll find an added appeal in the available amenities. The bike room is a huge plus for cycling enthusiasts or anyone who enjoys Instagram-worthy rides along the lakefront. Plus, it’s great to know that your furry friends are welcome too! Both cats and dogs can call this place home, making it a perfect spot for pet owners looking to settle down.
As part of fostering a friendly community atmosphere, the policies at 505 West Melrose Condominiums are pretty accommodating! Cats and dogs are welcome here, so you won’t need to part with your beloved pets. And while specific details on rentals aren't provided, the overall vibe suggests a community that appreciates both homeownership and the furry friends that come with it.
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Market report data is not available for this building
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
| 101 | - | 1 | 1 | 99 | 2020-12-10 MLS#: 10843054 | Closed | $203,600 | |
| 507 | 900 | 1 | 1 | 110 | 2018-02-09 MLS#: 09783575 | Closed | $190,000 | |
| 307 | - | 1 | 1 | 61 | 2008-12-01 MLS#: 07038307 | Closed | $207,500 |

1 Beds
1 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2020-12-10 | Closed | $203,600 |

1 Beds
1 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2008-12-01 | Closed | $207,500 |

1 Beds
1 Baths
900 sqft
| Date | Status | Price |
|---|---|---|
| 2018-02-09 | Closed | $190,000 |
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| 505 West Melrose Condominiums | - | - |
| 508 W Melrose Street | $370/sqft. | $4 /sqft. |
| 444 W Belmont Avenue | $328/sqft. | $3 /sqft. |
| 444 W Belmont Ave | $328/sqft. | $3 /sqft. |
| 436 W Belmont Avenue | $378/sqft. | $4 /sqft. |
| Eddystone Condominiums | $237/sqft. | $1 /sqft. |
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.
AVERAGE RESIDENT AGE
35 years old
AVERAGE HOUSEHOLD INCOME
$108,237/year
AVERAGE HOUSEHOLD COMPOSITION
2 People
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142