RDM Group Chicago

551 W Melrose Street 1E, Chicago, IL, 60657

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$509,000
1 Day On Site

551 W Melrose Street 1E
Chicago, IL 60657

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
1,600
SqFt
$318
/SqFt
1920
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Compass
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Upcoming Open Houses
Sat, Jun 7, 11:00 AM - 1:00 PM
551 W Melrose Street 1E551 W Melrose Street 1E551 W Melrose Street 1E551 W Melrose Street 1E
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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!

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Listing Snapshot
Price 
$509,000
Days On Site 
1 Day
Bedrooms 
2
Inside Area (SqFt) 
1,600 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1920
MLS® Number 
12382704
Status 
Active
Property Tax 
$6,895.95
HOA/Condo/Coop Fees 
$433 monthly
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Number Of Stories 
3
Pets 
Cats OKDogs OK
Property Sub Type 
Condominium
Interior Features
Appliances 
RangeDishwasherRefrigeratorWasherDryer
Basement 
FinishedStorage SpacePartial
Cooling 
Wall Unit(s)
Heating 
Natural GasSteam
Laundry Features 
Laundry Closet
Bedroom 2 
Dimensions - 10X13Level - Main
Bedroom 3 
Bedroom 4 
Den 
Dimensions - 10X7Level - Main
Dining Room 
Dimensions - 12X8Level - Main
Family Room 
Kitchen 
Dimensions - 11X9Level - MainDescription - Pantry-Closet
Laundry 
Dimensions - 8X10Level - Basement
Living Room 
Dimensions - 12X19Level - Main
Master Bedroom 
Dimensions - 10X14Level - Main
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Exterior Features
Construction Details 
Brick
Community Features
Association Amenities 
LaundryCoin LaundryStorage
Association Dues 
433
HOA Fee Frequency 
Monthly
MLS Area 
CHI - Lake View
School District 
299
Township 
Lake View
Schools
School District
299
Elementary School
Nettelhorst Elementary School
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2025-06-05 01:12 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-06-05 01:12 PM UTC
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Neighborhood & Commute
Source: Walkscore
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