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Active
Price cut: $240K (5/27)
$2,490,000

461 W Melrose St, Chicago, IL 60657

6beds
5,246sqft
: Get pre-qualified
Single Family Residence
Built in 1907
3,818 Square Feet Lot
$2,358,500 Zestimate®
$475/sqft
$-- HOA

What's special

Classic chicago facadeSix spacious above-grade bedroomsDesigner lightingThoughtful updates throughoutSpacious livingStriking marble islandOpen family room
Behind a classic Chicago facade, this contemporary four-level home in East Lakeview offers spacious living and thoughtful updates throughout. Renovated in 2020, this home includes all newer mechanicals, windows, designer lighting, and an elevator that connects every level, from the finished English basement to the 3rd level. The main level features a large living and dining area that flows into an open family room and a newer chef's kitchen (2020) with custom cabinetry, premium appliances, a professional-grade hood, a pantry, and a striking marble island. Ceiling heights in the kitchen reach nearly 20 feet, adding to the sense of space and volume. With six spacious above-grade bedrooms, this home offers tremendous flexibility to accommodate a variety of needs-whether you're looking for extra space for guests, multiple home offices, a yoga room, hobby space, or simply room to grow. The primary suite includes a walk-in closet, access to a private deck, and a luxurious full bath. The finished lower level has high ceilings and flexible space for a rec room, gym, or home theater. Other features include zoned HVAC and custom closets. Outside, enjoy an oversized, fully fenced backyard -- an uncommon find in the city -- ideal for entertaining, gardening, or play. Multiple decks provide additional outdoor living options. There is also parking for up to four cars. Located just half a block from Lake Shore Drive and Belmont Harbor, this home benefits from RM6 zoning, offering the possibility of future development potential in one of Chicago's most desirable neighborhoods. Enjoy easy access to public transportation, including express buses to downtown, the lakefront path, Belmont Harbor, and vibrant shopping and dining along Broadway.
78 days
|
1,748
|
66
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Zillow last checked:

Listing updated:

Listed by:

Lorenzo Sanchez (773)419-1724,

Engel & Voelkers Chicago

Source: MRED as distributed by MLS GRID,MLS#: 12594841MLS Logo

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Bedroom 5, Bedroom 6, Recreation Room, Storage
    Primary bedroom
    • Features: Flooring (Hardwood), Bathroom (Full, Double Sink, Tub & Separate Shwr)
    • Level: Third
    • Area: 342 Square Feet
    • Dimensions: 19X18
    Bedroom 2
    • Features: Flooring (Hardwood)
    • Level: Third
    • Area: 264 Square Feet
    • Dimensions: 22X12
    Bedroom 3
    • Features: Flooring (Hardwood)
    • Level: Third
    • Area: 176 Square Feet
    • Dimensions: 16X11
    Bedroom 4
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 270 Square Feet
    • Dimensions: 15X18
    Bedroom 5
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 374 Square Feet
    • Dimensions: 22X17
    Bedroom 6
    • Level: Second
    • Area: 80 Square Feet
    • Dimensions: 10X8
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13X11
    Family room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 192 Square Feet
    • Dimensions: 16X12
    Kitchen
    • Features: Kitchen (Island, Pantry-Closet, Custom Cabinetry, Pantry, Updated Kitchen), Flooring (Hardwood)
    • Level: Main
    • Area: 361 Square Feet
    • Dimensions: 19X19
    Laundry
    • Level: Third
    • Area: 20 Square Feet
    • Dimensions: 4X5
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 638 Square Feet
    • Dimensions: 22X29
    Recreation room
    • Features: Flooring (Hardwood)
    • Level: Basement
    • Area: 741 Square Feet
    • Dimensions: 19X39
    Storage
    • Level: Basement
    • Area: 432 Square Feet
    • Dimensions: 16X27
    Heating
    • Natural Gas, Forced Air, Zoned, Radiant Floor
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Oven, Range Hood, Humidifier, Gas Water Heater
    • Laundry: Laundry Closet
    Features
    • Elevator, Built-in Features, Walk-In Closet(s)
    • Flooring: Hardwood
    • Windows: Skylight(s)
    • Basement: Finished,Exterior Entry,Rec/Family Area,Storage Space,Full,Daylight
    • Number of fireplaces: 3
    • Fireplace features: Electric, Family Room, Living Room, Master Bedroom
    Interior area
    • Total structure area: 0
    • Total interior livable area: 5,246 sqft
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    Property

    Parking
    • Total spaces: 4
    • Parking features: Concrete, Driveway, Oversized, Yes, Owned
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 3
    • Patio & porch: Deck, Patio
    • Exterior features: Lighting
    • Fencing: Fenced
    Lot
    • Size: 3,818 Square Feet
    Details
    • Parcel number: 14213140130000
    • Special conditions: List Broker Must Accompany
    • Other equipment: TV-Cable, Sump Pump

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1907
    • Major remodel year: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights
    • Security: Security System, Carbon Monoxide Detector(s), Closed Circuit Camera(s)
    HOA
    • Services included: None
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $475/sqft
    • Annual tax amount: $33,886
    • Date on market: 3/18/2026
    • Ownership: Fee Simple
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      Estimated market value

      $2,358,500

      $2.24M - $2.48M

      $7,523/mo

      Price history

      DateEventPrice
      5/27/2026Price change$2,490,000-8.8%$475/sqft
      Source: MRED as distributed by MLS GRID #12594841 Report a problem
      3/18/2026Listed for sale$2,730,000+0.4%$520/sqft
      Source: MRED as distributed by MLS GRID #12594841 Report a problem
      11/19/2025Listing removed$2,720,000$518/sqft
      Source: Engel & Volkers #12468655 Report a problem
      7/25/2025Price change$2,720,000-9.3%$518/sqft
      Source: MRED as distributed by MLS GRID #12281085 Report a problem
      6/16/2025Price change$2,999,999-9.1%$572/sqft
      Source: MRED as distributed by MLS GRID #12281085 Report a problem
      1/31/2025Listed for sale$3,300,000+241.6%$629/sqft
      Source: MRED as distributed by MLS GRID #12281085 Report a problem
      11/26/2020Listing removed$1,800
      Source: Zillow Rental Manager Report a problem
      9/19/2020Listed for rent$1,800
      Source: Zillow Rental Manager Report a problem
      8/30/2017Sold$966,000$184/sqft
      Source: MRED as distributed by MLS GRID #09189663 Report a problem

      Public tax history

      Tax history is unavailable.

      Monthly payment

      Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Lake View

        Getting around

        92 / 100
        Walker's Paradise
        80 / 100
        Excellent Transit
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Nettelhorst Elementary School
        • Middle: Nettelhorst Elementary School
        • High: Lake View High School
        • District: 299

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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