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Listing provided courtesy of Keller Williams ONEChicagoMREDas Distributed by MLSGrid- MLS# 12506348MLS Provider

508 W Melrose Street #PH-WChicago, IL 60657

Condo/Townhouse · 3 Beds · 3 Full Baths · 1 Half Bath · 3,500 Sq. ft.
$1,525,000 Active

508 W Melrose Street #PH-W Overview

Time on Site:
81 days
Visits:
1

Rarely available approx. 3,500 sq ft on one-floor penthouse in elegant East Lakeview elevator building. Single-family home living in this spacious and well planned 3 bedroom plus study, 3.5 bath unit. Included with the unit are in building 3 deeded side by side heated garage parking spaces. Walk in and be amazed at the open concept kitchen, living room, and dining room area, perfect for entertaining and everyday living. This bright and extra wide unit offers privacy and views facing south, north and west. There is no shortage of natural light throughout, including 4 skylights that enhance the overall brightness of the unit. Updated kitchen offers caesarstone quartz countertops, peninsula and island perfect for entertaining and cooking. Walk out to the expansive terrace through two sets of double french doors, accessed from the living and dining room, and enjoy the sunset or your morning coffee. The terrace is equipped with a gas line for all your barbeque needs. Unit features high ceilings with beautiful ceiling details with crown molding throughout the unit, spacious living room area large enough for a sectional or two sofas, hardwood floors throughout, side by side washer dryer and loads of storage space. Cuddle up next to one of the two wood burning gas starter fireplaces and enjoy a glass of wine. Large primary bedroom with walk in closet, 2 sets of double closets, balcony and spa-like bathroom with dual vanities, whirlpool and separate shower. Second and third bedrooms are both ensuite and have ample storage and space for a king size bed. The study could serve as an extra bedroom, nursery, reading room or gym. Don't miss the opportunity to live in this spectacular home in the heart of East Lakeview, surrounded by bars, restaurants and coffee shops. Walking distance to grocery stores and the L. Welcome home!

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508 W Melrose Street #PH-W Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 3,500
  • Price/Sq.ft. $436

Details

General

Association/HOA

  • Association Amenities: Elevator in Residence, Exercise Room, Storage, Security Door Lock(s)
  • Association Fee: $1,363.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Insurance, Security, Exercise Facilities, Scavenger, Snow Removal, Internet

School Information

  • School District: 299
  • Elementary School: Nettelhorst Elementary School
  • Middle Or Junior School: Nettelhorst Elementary School
  • High School: Lake View High School

Building Information

  • New Construction: No
  • Year Built: 2003

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Lake View
  • Subdivision Name: Park Plaza at Belmont Harbor
  • Township: Lake View

Tax Information

  • Tax Annual Amount: $29,171.84
  • Tax Year: 2024

General Information

  • New Construction: No
  • Ownership: Condo
  • Parcel Number: 14213120551021
  • Pets Allowed: Cats OK, Dogs OK
  • Property Type: Residential
  • Special Listing Conditions: List Broker Must Accompany

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 3

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

Building Interior

  • Fireplace Location: Family Room,Living Room

General Information

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Range Hood, Gas Cooktop
  • Basement: None
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Fireplace Features: Wood Burning,Gas Starter
  • Fireplaces Total: 2
  • Flooring: Hardwood
  • Heating: Natural Gas, Forced Air
  • Interior Features: Elevator, Storage, Walk-In Closet(s), Bookcases, Open Floorplan
  • Laundry Features: Washer Hookup,In Unit,Laundry Closet
  • Living Area: 3500
  • Living Area Source: Estimated
  • Other Equipment: Intercom, CO Detectors
  • Rooms Total: 7
  • Stories Total: 7
  • Window Features: Drapes, Blinds

Unit Information

  • Unit Number: PH-W

Exterior

Parking Information

  • Parking Features: Shared Driveway, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
  • Parking Total: 3

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: COMMON
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Exterior Features: Balcony
  • Sewer: Public Sewer

Room Information

Room: Balcony/Porch/Lanai

  • Level: Main
  • Dimensions: 31X11

Room: Bedroom 2

  • Level: Main
  • Dimensions: 16X13

Room: Bedroom 3

  • Level: Main
  • Dimensions: 12X12

Room: Dining Room

  • Level: Main
  • Dimensions: 15X14

Room: Kitchen

  • Level: Main
  • Dimensions: 16X14

Room: Laundry

  • Level: Main
  • Dimensions: 10X10

Room: Living Room

  • Level: Main
  • Dimensions: 31X17

Room: Master Bedroom

  • Level: Main
  • Dimensions: 18X16

Room: Study

  • Level: Main
  • Dimensions: 12X10

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

508 W Melrose Street #PH-W Neighborhood

Community

60657 (Chicago) Demographics

31
Median Age
23,068
Population Density (per sq. mile)
87%
College Educated
$94,722
Estimated Median Income
14,173
Estimated Total Home Owners
22,758
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

508 W Melrose Street #PH-W Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

508 W Melrose Street #PH-W Market Data

Based on the last 30 days in this zip code

$983,928
Average List Price
$754
Average Price per Square Foot
101
Properties Sold
49
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

508 W Melrose Street #PH-W History

Date Event Value Agent
4/14/2026Source: MRED Status Change
Active
4/9/2026Source: MRED Added to Database
April 09, 2026