1623 W Melrose St Unit 302 Chicago, IL 60657
Southport Corridor Neighborhood
3
Beds
2
Baths
--
Sq Ft
$475/mo
HOA Fee
Highlights
- Double Shower
- 5-minute walk to Paulina Station
- Main Floor Bedroom
- Augustus H. Burley Elementary School Rated A-
- Wood Flooring
- 5-minute walk to Burley Community Park
About This Home
As of June 2025Stunning 3 bed 2 bath condo at the coveted Citizens State Bank Lofts. Converted in 2008, keeping the original iconic bank building architecture, this incredible simplex loft lives like a single family home and features 16 ft concrete ceilings, exposed brick walls and hardwood floors throughout. Open concept chef's kitchen with plentiful cherry cabinetry and stainless steel appliances. Huge master suite with an organized walk-in closet and a lavish bath featuring dual vanities AND a dual shower including 3 shower heads. A built-in Murphy bed in the 3rd bedroom provides flexible room options. The living room offers a cozy fireplace and opens up to the large private balcony, perfect for grilling or relaxing. Abundance of storage and heated, attached garage space included. This is a fantastic elevator building in the Burley Elementary district, mere 1 block from Whole Foods and brand new Target, 2 blocks from the El, and within easy walking distance of a myriad of shopping and dining.
Last Agent to Sell the Property
Realty ONE Group Leaders License #475192154 Listed on: 03/22/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,370
Year Built
- Built in 1920 | Remodeled in 2007
HOA Fees
- $475 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- Ceiling Fan
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Double Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Schools
- Burley Elementary School
- Lake View High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Balcony
- Additional Parcels
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 9 Units
- Robin Solomon Association, Phone Number (773) 248-4700
- Property managed by Gary Soloman & Co
- 5-Story Property
Amenities
- Elevator
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2025
Closed on
May 27, 2025
Sold by
Brinkis Family 2010 Revocable Trust
Bought by
Salazar Daisy Carolina
Seller's Agent
Andis Combi
Realty ONE Group Leaders
Buyer's Agent
Tammy Morehouse
Baird & Warner
List Price
$685,000
Sold Price
$682,000
Premium/Discount to List
-$3,000
-0.44%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,911
Avg. Annual Appreciation
9.66%
Original Mortgage
$613,800
Outstanding Balance
$612,767
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$85,144
Purchase Details
Listed on
Feb 7, 2018
Closed on
Mar 23, 2018
Sold by
Croon Garrett H and Croon Kylie C
Bought by
Brinkis Family 2010 Revocable Trust
Seller's Agent
Carrie McCormick
@properties Christie's International Real Estate
Buyer's Agent
Brian Ebbesen
@properties Christie's International Real Estate
List Price
$649,900
Sold Price
$635,000
Premium/Discount to List
-$14,900
-2.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%
Purchase Details
Listed on
Apr 6, 2016
Closed on
May 28, 2016
Sold by
Cowan Gail P
Bought by
Croon Garrett and Croon Kulie
Seller's Agent
Joe Kennedy
@properties Christie's International Real Estate
Buyer's Agent
Julie Harron
Jameson Sotheby's Intl Realty
List Price
$599,000
Sold Price
$593,000
Premium/Discount to List
-$6,000
-1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$563,350
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 1, 2016
Sold by
Cowan Michael B and Cowan Gail P
Bought by
Cowan Gail P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,350
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jun 25, 2014
Closed on
Nov 10, 2014
Sold by
Lincoln Melrose Llc
Bought by
Cowan Michael B and Cowan Gail P
Seller's Agent
Jill Solomon
Gary Solomon & Company
Buyer's Agent
Alexis Kaplan
@properties Christie's International Real Estate
List Price
$525,000
Sold Price
$531,000
Premium/Discount to List
$6,000
1.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$417,001
Interest Rate
3.97%
Mortgage Type
New Conventional
Similar Homes in Chicago, IL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $682,000 | Chicago Title | |
| Warranty Deed | $635,000 | Attorney | |
| Warranty Deed | $593,000 | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $531,000 | Ctt |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $613,800 | New Conventional | |
| Previous Owner | $461,250 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $563,350 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $417,001 | New Conventional | |
| Previous Owner | $2,100,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $682,000 | -0.4% | -- |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- |
| 03/22/2025 03/22/25 | For Sale | $685,000 | 0.0% | -- |
| 07/14/2021 07/14/21 | Rented | -- | -- | -- |
| 07/01/2021 07/01/21 | For Rent | $3,600 | 0.0% | -- |
| 03/26/2018 03/26/18 | Sold | $635,000 | -2.3% | -- |
| 02/20/2018 02/20/18 | Pending | -- | -- | -- |
| 02/07/2018 02/07/18 | For Sale | $649,900 | +9.6% | -- |
| 06/10/2016 06/10/16 | Sold | $593,000 | -1.0% | $297 / Sq Ft |
| 04/11/2016 04/11/16 | Pending | -- | -- | -- |
| 04/06/2016 04/06/16 | For Sale | $599,000 | +12.8% | $300 / Sq Ft |
| 12/01/2014 12/01/14 | Sold | $531,000 | +1.1% | $271 / Sq Ft |
| 09/18/2014 09/18/14 | Pending | -- | -- | -- |
| 09/11/2014 09/11/14 | For Sale | $525,000 | 0.0% | $267 / Sq Ft |
| 08/14/2014 08/14/14 | Pending | -- | -- | -- |
| 08/05/2014 08/05/14 | Price Changed | $525,000 | -8.7% | $267 / Sq Ft |
| 06/25/2014 06/25/14 | For Sale | $575,000 | -- | $293 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,936 | $56,245 | $13,893 | $42,352 |
| 2023 | $11,629 | $55,000 | $11,204 | $43,796 |
| 2022 | $11,629 | $55,000 | $11,204 | $43,796 |
| 2021 | $11,362 | $54,999 | $11,203 | $43,796 |
| 2020 | $11,789 | $51,525 | $5,019 | $46,506 |
| 2019 | $11,604 | $56,152 | $5,019 | $51,133 |
| 2018 | $12,009 | $59,107 | $5,019 | $54,088 |
| 2017 | $10,904 | $49,203 | $4,481 | $44,722 |
| 2016 | $10,161 | $49,203 | $4,481 | $44,722 |
| 2015 | $8,464 | $49,203 | $4,481 | $44,722 |
| 2014 | $11,089 | $57,700 | $2,800 | $54,900 |
| 2013 | $10,878 | $57,700 | $2,800 | $54,900 |
Source: Public Records
Agents Affiliated with this Home
-
Andis Combi
Seller's Agent in 2025
Andis Combi
Realty ONE Group Leaders
(773) 599-9916
1 in this area
53 Total Sales
-
Tammy Morehouse
T
Buyer's Agent in 2025
Tammy Morehouse
Baird Warner
1 in this area
4 Total Sales
-
Brian Ebbesen
Seller's Agent in 2021
Brian Ebbesen
@ Properties
18 Total Sales
-
Alondra Guevara
Buyer's Agent in 2021
Alondra Guevara
Fulton Grace Realty
(773) 947-4591
14 Total Sales
-
Carrie McCormick
Seller's Agent in 2018
Carrie McCormick
@ Properties
(312) 961-4612
17 in this area
724 Total Sales
-
Joe Kennedy
Seller's Agent in 2016
Joe Kennedy
@ Properties
(312) 404-9005
3 in this area
60 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12318981
APN: 14-19-435-048-1004
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