NOT LISTED FOR SALE

434 W Melrose St Unit 502 Chicago, IL 60657

Lakeview East Neighborhood
2 Beds
2.5 Baths
1,585 Sq Ft
2018 Built

Highlights

  • Fitness Center
  • Heated Floors
  • Elevator
  • Nettelhorst Elementary School Rated A-
  • Granite Countertops
  • Balcony

About This Home

As of August 2022

Welcome home to this beautiful 1,585sf 2 bed 2.1 bath unit. A high-end boutique elevator building offering a sophisticated modern design with large windows, 9-10 ft ceilings on a quiet tree lined street. This unit features an open floor plan with high end Bosch appliances, custom Italian cabinetry, quartz countertops, Grohe fixtures, 4"wide plank heated hardwood floors, spa-like bathrooms with shower and soaking tub, quartz counters, double bowl sinks. Custom built-in closets, in-unit full-size w/d, two large outdoor terraces, hardwood floor in all bedrooms. Building features indoor heated parking, 24-hour fitness center and party room. Pets are allowed up to 40 pounds, additional pet rent and breed restrictions apply. Just a short distance from Lake Michigan, running trails, public transportation, Belmont Harbor, Wrigley Field, restaurants and shopping. Utility Package/Maintenance fee - $150/m -this covers gas, water, trash and sewage. Garage parking available - $350/m - No Security Deposit - $800 move-in fee. Please note: Floor plan shows 3rd bedroom - that is part of the living room now.

Last Agent to Rent the Property

Ryan Frank

Compass License #475173841 Listed on: 06/27/2022

Compass

Last Renter's Agent

Ryan Frank

Compass License #475173841 Listed on: 06/27/2022

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Property Attached

Interior Spaces

  • 1,585 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Blinds
  • Living Room
  • Dining Room
  • Granite Countertops

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

  • Central Air
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 8/1/22

Community Details

Overview

  • 18 Units
  • High-Rise Community
  • 9-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Pets up to 40 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Parking

1

Rental Info

  • Available Date: 2022-08-01
  • Lease Amount: 350
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 5097
  • Is Parking Included in Price: No
  • Max Pet Weight: 40

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: High Rise (7+ Stories)
  • Property Sub-Type: Attached
  • Year Built: 2018
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 9

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Heated Floors, First Floor Laundry, Laundry Hook-Up in Unit, Ceilings - 9 Foot, Drapes/Blinds, Granite Counters
  • LivingArea: 1585
  • Room Type: Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 9
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Radiant
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage
  • Management: Manager Off-site

Schools

  • Elementary School: Nettelhorst Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Nettelhorst Elementary School

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 18
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Rented $5,097 0.0% --
07/18/2022 07/18/22 Under Contract -- -- --
06/27/2022 06/27/22 For Rent $5,097 +21.4% --
07/13/2021 07/13/21 Rented -- -- --
06/02/2021 06/02/21 Under Contract -- -- --
06/02/2021 06/02/21 For Rent $4,197 -9.7% --
05/06/2020 05/06/20 Rented $4,650 +18.2% --
04/17/2020 04/17/20 Price Changed $3,935 -15.4% $3 / Sq Ft
03/19/2020 03/19/20 For Rent $4,650 0.0% --
03/16/2020 03/16/20 Off Market $4,650 -- --
03/14/2020 03/14/20 For Rent $4,650 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $268,339 $660,400 $135,854 $524,546
2024 $268,339 $660,400 $135,854 $524,546
2023 $368,492 $1,271,809 $72,310 $1,199,499
2022 $368,492 $1,791,558 $72,310 $1,719,248
2021 $188,824 $939,000 $72,309 $866,691
2020 $158,599 $711,941 $72,309 $639,632
2019 $107,340 $534,263 $72,309 $461,954
2018 $69,152 $350,078 $72,309 $277,769
2017 $13,679 $63,544 $63,544 $0
2016 $12,727 $63,544 $63,544 $0
2015 $11,644 $63,544 $63,544 $0
2014 $9,757 $52,588 $52,588 $0
2013 $9,564 $52,588 $52,588 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Frank

    Landlord's Agent in 2022

    Ryan Frank

    Compass

    (847) 471-7926

    13 Total Sales

    Ryan Frank
    Section Image
  • Joso Goreta

    Seller Co-Listing Agent in 2021

    Joso Goreta

    Compass

    (773) 454-1170

    44 Total Sales

    Joso Goreta
    Section Image
  • Farah Kothari

    Seller's Agent in 2020

    Farah Kothari

    Kale Realty

    (312) 217-8086

    4 Total Sales

    Farah Kothari
    Section Image

  • S

    Buyer's Agent in 2020

    Susan Wagner

    Baird Warner

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11447582

Midwest Real Estate Data (MRED)

APN: 14-21-312-038-0000

Illinois Cook County Chicago 60657 Lakeview East

434 W Melrose St Unit 502, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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