$499,000
PENDING

647 W Melrose St Unit 5 Chicago, IL 60657

Lakeview East Neighborhood

Estimated payment $3,336/month

Total Views 21,962
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • Open Floorplan
  • Stainless Steel Appliances
  • Nettelhorst Elementary School Rated A-
  • Wood Flooring
  • Historic or Period Millwork

About This Home

****NOW INCLUDES ONE YEAR OF FREE PARKING**** Looking for a turnkey home in East Lakeview with high end finishes? Then check out this luxurious, two bedroom condo in an absolutely stunning boutique building just a block and a half from the lake. This upscale unit features nine foot ceilings, a chef's kitchen with quartz countertops, Sub-Zero refrigerator, Wolf range and hood, built-in microwave, a gas fireplace and heated floors throughout. No detail was spared as the magnificent millwork features custom baseboards, solid core doors, custom door frames and window shutters, crown molding throughout and the most gorgeous door handles you will fall in love with. The primary bedroom features a large en-suite bathroom with modern sconces for mood lighting as well as a large, walk-in shower. Both bedrooms have custom closets and room sizes that can accommodate a king-sized bed. There is a walk-in laundry room with side by side washer and dryer, as well as ample storage and closet space throughout. The building also features a custom digital security system with video monitoring from your phone. And the location! Everything you need is within just a few blocks with restaurants and stores such as Unabridged Bookstore, The Coffee and Tea Exchange, Eggsperience, Ping Pong, Wood, Starbucks, Stan's Donuts, Savanna and many more. There is nothing to do but move in!

Listing Agent

Randy Romano

Baird & Warner License #475163909 Listed on: 11/11/2025

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,357

Year Built

  • Built in 2017

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 4-Story Property
  • Open Floorplan
  • Built-In Features
  • Historic or Period Millwork
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Included in Price
  • Assigned Parking

Accessible Home Design

  • Wheelchair Access
  • Accessibility Features

Schools

  • Nettelhorst Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include insurance, exterior maintenance, scavenger
  • 5 Units
  • Property managed by Self-Managed

Amenities

  • Common Area

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,357

Year Built

Built in 2017

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2017
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: Yes
  • MRD_WaterViewYN: No
  • Special Features: 4224
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop, Gas Oven
  • Basement: None
  • Accessibility Features: Wheelchair Accessible
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood, Wood
  • Interior Amenities: Storage, Built-in Features, High Ceilings, Open Floorplan, Special Millwork, Quartz Counters
  • Room Type: Storage, Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Stone
  • Lot Features: Common Grounds
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Site, Leased
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Radiant Floor
  • Laundry Features: Main Level, Washer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 95
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Scavenger

Schools

  • Elementary School: Nettelhorst Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 7357
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 5

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,321 $36,621 $6,496 $30,125
2023 $2,262 $11,000 $5,239 $5,761
2022 $2,262 $11,000 $5,239 $5,761
2021 $2,212 $10,999 $5,239 $5,760
2020 $8,466 $38,003 $2,305 $35,698
2019 $7,635 $38,003 $2,305 $35,698
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2025 11/22/25 Pending -- -- --
11/11/2025 11/11/25 For Sale $499,000 +11.1% --
09/30/2020 09/30/20 Sold $449,000 0.0% $345 / Sq Ft View Prior Sale
09/01/2020 09/01/20 Pending -- -- --
07/28/2020 07/28/20 Price Changed $449,000 -10.0% $345 / Sq Ft
05/29/2020 05/29/20 For Sale $499,000 0.0% $384 / Sq Ft
03/13/2019 03/13/19 Rented $3,030 +1.2% --
01/02/2019 01/02/19 For Rent $2,995 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $449,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $426,550 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12515897

Midwest Real Estate Data (MRED)

APN: 14-21-313-077-1001