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  3. Chicago, IL
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  5. 508 W Melrose St
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508 W Melrose St

508 W Melrose St, Chicago, IL, 60657

YEAR BUILT

2005

# STORIES

# TOTAL UNITS

13

UNIT SIZE RANGE

1,473-3,491 sqft

Description

The building at 508 W Melrose St is a boutique elevator structure located in the Lakeview East neighborhood. Built in 2005, it has 13 units spread across several spacious layouts. Each unit offers between 1,473 and 3,491 square feet. Pricing for available units ranges from $1,160,000 to $1,225,000. With an excellent range of amenities, this building stands out. It has a receiving room, exercise room, and even bike storage. Attached garage parking adds to the comfort of urban living. Each unit has features like high ceilings and open concept dining areas. Some may even include large balconies or a fireplace. The design allows for great views, with many looking toward the nearby waterfront. The area features numerous shops and restaurants, including Eggsperience Café for brunch and nearby grocery stores. The presence of Nettlehorst School makes this area a great place for families. Walking along Broadway brings easy access to the lakefront bike path and Belmont Harbor. Nearby, fitness clubs and local transport offer convenience for daily needs. This building sits in a vibrant community with plenty of outdoor options.

Building ImageMLS ID #11834601
Building ImageMLS ID #11774246
Building Image
Building ImageView Listing

508 W Melrose St

508 W Melrose St, Chicago, IL, 60657

YEAR BUILT

2005

# STORIES

# TOTAL UNITS

13

UNIT SIZE RANGE

1,473-3,491 sqft

Description

The building at 508 W Melrose St is a boutique elevator structure located in the Lakeview East neighborhood. Built in 2005, it has 13 units spread across several spacious layouts. Each unit offers between 1,473 and 3,491 square feet. Pricing for available units ranges from $1,160,000 to $1,225,000. With an excellent range of amenities, this building stands out. It has a receiving room, exercise room, and even bike storage. Attached garage parking adds to the comfort of urban living. Each unit has features like high ceilings and open concept dining areas. Some may even include large balconies or a fireplace. The design allows for great views, with many looking toward the nearby waterfront. The area features numerous shops and restaurants, including Eggsperience Café for brunch and nearby grocery stores. The presence of Nettlehorst School makes this area a great place for families. Walking along Broadway brings easy access to the lakefront bike path and Belmont Harbor. Nearby, fitness clubs and local transport offer convenience for daily needs. This building sits in a vibrant community with plenty of outdoor options.

Next

Description

The building at 508 W Melrose St is a boutique elevator structure located in the Lakeview East neighborhood. Built in 2005, it has 13 units spread across several spacious layouts. Each unit offers between 1,473 and 3,491 square feet. Pricing for available units ranges from $1,160,000 to $1,225,000. With an excellent range of amenities, this building stands out. It has a receiving room, exercise room, and even bike storage. Attached garage parking adds to the comfort of urban living. Each unit has features like high ceilings and open concept dining areas. Some may even include large balconies or a fireplace. The design allows for great views, with many looking toward the nearby waterfront. The area features numerous shops and restaurants, including Eggsperience Café for brunch and nearby grocery stores. The presence of Nettlehorst School makes this area a great place for families. Walking along Broadway brings easy access to the lakefront bike path and Belmont Harbor. Nearby, fitness clubs and local transport offer convenience for daily needs. This building sits in a vibrant community with plenty of outdoor options.

508 W Melrose St Market Stats Last 12 months

Avg. Listed Price-
Avg. Sale Price-
Year over year list price0.00%
Year over year sale price 0.00%
Total Listings0 Listed
Total sold0 Sold
Average Days on Market0 days
Average HOA fees per sqft-
Next

Market Stats

Year over year list price0.00%
Year over year sale price0.00%
Total Listings0 Listed
Total sold0 Sold
Average Days on Market0 days
Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

-
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

-
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

508 W Melrose St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 4A4A150022762023-08-17
MLS#: 11774246 		Closed$700,000
Unit PH-EPH-E3491341602020-12-28
MLS#: 10747894 		Closed$1,225,000
Unit PH-EPH-E3491341012011-05-26
MLS#: 07731518 		Closed$1,160,000
Unit 4A
4A

2 Beds

2 Baths

1500 sqft

DateStatusPrice
2023-08-17Closed$700,000
MLS#: 11774246
Days On Market76
Unit PH-E
PH-E

3 Beds

4 Baths

3491 sqft

DateStatusPrice
2020-12-28Closed$1,225,000
MLS#: 10747894
Days On Market160
Unit PH-E
PH-E

3 Beds

4 Baths

3491 sqft

DateStatusPrice
2011-05-26Closed$1,160,000
MLS#: 07731518
Days On Market101
View Complete Unit Listing HistorySource By: MRED

Amenities

As you step inside, a world of modern amenities greets you. The fitness enthusiast can take advantage of the dedicated exercise room to keep in shape without leaving home. For those who prefer a more leisurely approach to their commute, the bike room and nearby bike trails offer a fantastic way to explore the city. Plus, the service elevator and receiving room add a touch of class to your daily routines. Life here means convenience and comfort that supports your active lifestyle.

Next

Amenities Description

As you step inside, a world of modern amenities greets you. The fitness enthusiast can take advantage of the dedicated exercise room to keep in shape without leaving home. For those who prefer a more leisurely approach to their commute, the bike room and nearby bike trails offer a fantastic way to explore the city. Plus, the service elevator and receiving room add a touch of class to your daily routines. Life here means convenience and comfort that supports your active lifestyle.

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
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Security Door Lock(s)

Security Door Lock(s)

Patio

Patio

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

Pet lovers rejoice—508 W Melrose St welcomes both cats and dogs! Certain size limits apply, so you can find that perfect furry friend to share your space with. Moreover, like many urban homes, there are a couple of policies in place concerning the number of pets allowed, ensuring a harmonious living environment for all residents.

Next

Amenities Description

Pet lovers rejoice—508 W Melrose St welcomes both cats and dogs! Certain size limits apply, so you can find that perfect furry friend to share your space with. Moreover, like many urban homes, there are a couple of policies in place concerning the number of pets allowed, ensuring a harmonious living environment for all residents.

Pet Allowed
Check
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)
508 W Melrose St--
508 W Melrose Street$370/sqft.$4 /sqft.
525 W Aldine Ave$332/sqft.$3 /sqft.
Aldine Harbor$378/sqft.$2 /sqft.
545 W Aldine Ave$234/sqft.$3 /sqft.
415 West Aldine Condominiums$177/sqft.$2 /sqft.

Nearby Schools

Discover top-rated schools located close to 508 W Melrose St.

Nettelhorst Elementary School

B
Public|Grades PK–8
3252 N Broadway St|0.19 miles away

Inter-American Elementary Magnet School

B+
Public|Grades PK–8
851 W Waveland Ave|0.91 miles away

Bernard Zell Anshe Emet Day School

--
Private|Grades PK–8
3751 N Broadway St|0.98 miles away

Hawthorne Elementary Scholastic Academy

A
Public|Grades KG–8
3319 N Clifton Ave|1.06 miles away

Alcott Elementary School

A
Public|Grades KG–8
2625 N Orchard St|1.13 miles away

Agassiz Elementary School

B-
Public|Grades PK–8
2851 N Seminary Av...|1.16 miles away
Next

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|Less than 1 Mile Away

Bernard Zell Anshe Emet Day School

--
Private|Grades PK–8
3751 N Broadway St|Less than 1 Mile Away

Hawthorne Elementary Scholastic Academy

A
Public|Grades KG–8
3319 N Clifton Ave|1.06 Miles Away

Alcott Elementary School

A
Public|Grades KG–8
2625 N Orchard St|1.13 Miles Away

Agassiz Elementary School

B-
Public|Grades PK–8
2851 N Seminary Av...|1.16 Miles Away

Greeley Elementary School

B+
Public|Grades PK–8
832 W Sheridan Rd|1.22 Miles Away

St Clement School

--
Private|Grades PK–8
2524 N Orchard St|1.25 Miles Away

Park View Montessori School - Chicago

--
Private|Grades PK–KG
640 W Irving Park ...|1.29 Miles Away

Disney Elementary Magnet School

A
Public|Grades PK–8
4140 N Marine Dr|1.46 Miles Away

Lincoln Elementary School

A+
Public|Grades KG–8
615 W Kemper Pl|1.59 Miles Away

Alphonsus Academy & Center for the Arts

--
Private|Grades PK–8
1439 W Wellington ...|1.68 Miles Away

St Luke Academy

--
Private|Grades PK–8
1500 W Belmont Ave|1.69 Miles Away

Blaine Elementary School

A-
Public|Grades PK–8
1420 W Grace St|1.80 Miles Away

Brennemann Elementary School

C
Public|Grades PK–8
4251 N Clarendon A...|1.81 Miles Away

St Mary of the Lake School

--
Private|Grades PK–8
1026 W Buena Ave|1.86 Miles Away

Burley Elementary School

A-
Public|Grades KG–8
1630 W Barry Ave|1.93 Miles Away

Hamilton Elementary School

B+
Public|Grades PK–8
1650 W Cornelia Av...|1.99 Miles Away

Mayer Elementary School

A
Public|Grades PK–8
2250 N Clifton Ave|2.02 Miles Away

St James Lutheran School

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

Lincoln Park High School

B+
Public|Grades 9–12
2001 N Orchard St|2.07 Miles Away

St Andrew School

--
Private|Grades PK–8
1710 W Addison St|2.11 Miles Away

Cardinal Bernardin Montessori Academy

--
Private|Grades PK–4
1651 W Diversey Pk...|2.14 Miles Away

Prescott Elementary School

A
Public|Grades PK–8
1632 W Wrightwood ...|2.19 Miles Away

St Josaphat School

--
Private|Grades PK–8
2245 N Southport A...|2.21 Miles Away

Lake View High School

C-
Public|Grades 9–12
4015 N Ashland Ave|2.24 Miles Away

Jahn Elementary School

B
Public|Grades KG–8
3149 N Wolcott Ave|2.29 Miles Away

Uplift Community High School

F
Public|Grades 9–12
900 W Wilson Ave|2.37 Miles Away

Yccs-Truman Middle College High School

--
Public|Grades 9–12
1145 W Wilson Ave|2.43 Miles Away

Courtenay Elementary School

C+
Public|Grades PK–8
4420 N Beacon St|2.45 Miles Away

Newberry Elementary Math & Science Academy

B-
Public|Grades PK–8
700 W Willow St|2.55 Miles Away

German International School Chicago

--
Private|Grades PK–7
1726 W Berteau Ave|2.56 Miles Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|2.59 Miles Away

Transit

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

Addison & Pine Grove

0.64 miles away|13 min walk

Addison & Broadway

0.64 miles away|13 min walk

Addison & Lake Shore

0.66 miles away|13 min walk

Addison & Halsted

0.72 miles away|14 min walk

Addison & Fremont

0.84 miles away|17 min walk

Addison Red Line Station

0.95 miles away|19 min walk
Next

Transit

Addison & Pine Grove

0.64 miles away|13 min walk

Addison & Broadway

0.64 miles away|13 min walk

Addison & Lake Shore

0.66 miles away|13 min walk

Addison & Halsted

0.72 miles away|14 min walk

Addison & Fremont

0.84 miles away|17 min walk

Addison Red Line Station

0.95 miles away|19 min walk

Addison (Red)

0.95 miles away|19 min walk

Addison-Red

0.96 miles away|19 min walk

Addison & Clark

1.1 miles away|21 min walk

Addison & Racine

1.25 miles away|24 min walk

Addison & Lakewood

1.43 miles away|28 min walk

Addison & Southport

1.58 miles away|31 min walk

Addison & Greenview

1.74 miles away|34 min walk

3930 N Clark

1.75 miles away|34 min walk

4251 N Marine Drive

1.76 miles away|34 min walk

4250 N Marine Drive

1.77 miles away|34 min walk

Ashland & Belmont/Lincoln

1.82 miles away|35 min walk

4225 N Sheridan

1.85 miles away|36 min walk

4242 N Sheridan

1.87 miles away|36 min walk

Addison & Ashland

1.9 miles away|37 min walk

Ashland & Addison

1.9 miles away|37 min walk

Ashland & Diversey

1.97 miles away|38 min walk

Ashland & Grace

2.02 miles away|39 min walk

Addison & Paulina

2.06 miles away|40 min walk

Armitage & Cleveland

2.15 miles away|42 min walk

Armitage & Larrabee

2.15 miles away|42 min walk

Armitage & Lincoln/Sedgwick

2.16 miles away|42 min walk

Armitage & Orchard

2.17 miles away|42 min walk

Armitage & Clark

2.18 miles away|42 min walk

Ashland & Irving Park

2.2 miles away|43 min walk

Armitage & Halsted

2.2 miles away|43 min walk

Addison & Lincoln

2.21 miles away|43 min walk

Armitage & Fremont

2.24 miles away|43 min walk

Armitage Station (Brown Line)

2.28 miles away|44 min walk

Armitage

2.28 miles away|44 min walk

Armitage (Brown/Purple)

2.28 miles away|44 min walk

Addison Brown Line Station

2.29 miles away|44 min walk

Addison (Brown)

2.29 miles away|44 min walk

Addison-Brown

2.29 miles away|44 min walk

1800 W Diversey

2.32 miles away|45 min walk

1761 W Diversey

2.32 miles away|45 min walk

Ashland & Fullerton

2.33 miles away|45 min walk

Armitage & Seminary

2.36 miles away|46 min walk

4646 N Marine Drive

2.37 miles away|46 min walk

Addison & Wolcott

2.38 miles away|46 min walk

Ashland & Berteau

2.39 miles away|46 min walk

1900 N Halsted

2.4 miles away|46 min walk

Addison & Damen

2.55 miles away|49 min walk

Ashland & Montrose

2.62 miles away|51 min walk

856 W Lawrence

2.68 miles away|52 min walk

The Neighbourhood: 508 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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508 W Melrose St Demographics

Age Demographics

0–14 Years

8.45%

15–29 Years

37.52%

30–44 Years

28.2%

45–59 Years

12.34%

60+ Years

13.48%

Commute

43.92%

Transit

5.59%

Walk

26.2%

Drive

2.59%

Bike

Housing Ownership

32.11%

Owner Occupied

67.89%

Rental Units

Household Types

Single Family
11.24%
Multi Family
1.45%
Single Person
57.88%
Multi Person
42.12%

Average Income

Household:$9,715,186.09 /yr

Individual:$7,937,971.74 /yr

Education

Bachelors Degree48.81%
High School College3.81%
Diploma2.49%
Post Graduate35.21%
Others9.68%
Next

Education

Diploma2.49%
Post Graduate35.21%
Others9.68%
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    508 W Melrose St
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