ClosedPrice Reduced

$229,000

$250,000
421 Melrose Street, Chicago, IL 60657
1 Beds1 Baths1,329 sqft57 days
421 Melrose Street·Chicago, IL 60657
1Bedrooms
1Bathrooms
1,329Sq Ft
1927Year Built
About This Home

INCREDIBLE SPACE & VALUE IN EAST LAKEVIEW! FIRST TIME ON MARKET IN OVER 50 YEARS!! MINT CONDITION, ELEGANT VINTAGE ONE BEDROOM IN A CLASSIC, FULL SERVICE, ART DECO HIGH-RISE!!! "THE EDDYSTONE" building was meticulously constructed right before the 1929 Stock Market Crash with the finest materials and highest level of craftmanship by the architects of some of the city's most beloved buildings. No two units are the same! There are only 2 units per floor...except on this floor, the unit across the hall from 16A was combined with another unit so you have a rare, private terrazzo floor lobby entry for your condo ONLY when you step off the elevator for true PRIVACY! The almost 18' long entrance foyer to this unit will blow you away with it's 9'+ barrel vaulted ceiling, arched doorways, gorgeous original oak herringbone hardwood floors and stunning mid-century style chandelier! Hope you have huge art or always wanted to do a gallery wall because there is TONS OF WALL SPACE for your collection! Truly turnkey condition with freshly painted warm nuetral plaster walls with incredible original wide crown molding and trim everywhere! Unbelievably stunning newly refinished herringbone oak hardwood floors in ALL ROOMS! Grand, graciously scaled living room has tall bay windows with peekaboo east facing views of lake and Belmont Harbor! The large dining room was opened up to the kitchen with a peninsula breakfast bar. Solid wood cabinets, stainless steel appliances and pretty granite countertops with full slab matching backsplash and under cabinet lighting. Lovely south and west cityscape views from this high floor, corner unit give you year round sunsets and Wrigley Field lights at night from the dining room, kitchen and bedroom. King size bedroom has walk-in closet and even original safe! Small hallway off bedroom leads to the updated bath with Sloan valve plumbing, soaking tub with window and retro gold fixtures! All of the windows were replaced with high-end Anderson period appropriate high-efficiency, thermopane windows at a cost of 55K!!! The owner of 16A LOVED hosting dinner parties & music events in this beautiful home and walking, biking, sailing and even cross-country skiiing on the golf course in winter! Easy access downtown with express buses around the corner. Truly perfect walking location to E. Lakeview's cafes, shops and restaurants. Well run, professionally managed association with full-time staff including maintenance and a 24- hour doorman, a first-floor gym, separate storage, and a bike room. Newly renovated sundeck with panoramic lake and city views + eating areas, common area grills and lounge seating. Rental parking available directly behind the building at 3200 N Lakeshore.

MLS# 12184979Listed October 10, 2024Residential
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms4

Size & Structure

Living Area1,329 sqft
Stories19
Garage Spaces1
Year Built1927
Lot SizeCOMMON

Location

CountyCook
TownshipLake View
Zip Code60657

Financial

List Price$229,000
Original Price$250,000
Price / Sq Ft$172
Annual Taxes (2022)$5,521
Monthly Tax Est.$460
Parcel #14213140631015
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorStainless Steel Appliance(s)

Flooring

Hardwood

Heating

Natural GasRadiant

Cooling

None

Basement

None

Laundry

Common Area

Accessibility

Wheelchair Accessible
Exterior & Lot

Construction

BrickStone

Exterior Features

Roof DeckOutdoor Grill

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Off SiteLeasedDetachedGarage
HOA & Community
HOA Fee
$1,620
Monthly

HOA Includes

HeatWaterGasInsuranceSecurityDoormanTV/CableExercise FacilitiesExterior MaintenanceLawn CareScavengerSnow RemovalInternet

Association Amenities

Bike Room/Bike TrailsDoor PersonCoin LaundryElevator(s)Exercise RoomStorageOn Site Manager/EngineerSundeckReceiving RoomSaunaSecurity Door Lock(s)Service Elevator(s)
Schools
Elementary
Nettelhorst Elementary School
District: 299
Middle School
Nettelhorst Elementary School
District: 299
High School
Lake View High School
District: 299
Tax & Financial
Annual Taxes
$5,521
Tax Year 2022
Monthly Tax Est.
$460
per month
Price per Sq Ft
$172
per square foot
Price Reduced by $21,000
Original list price: $250,000
Property Location

421 Melrose Street, Chicago, IL 60657 — Cook County

$229,000
$172 / sqft
421 Melrose Street
1 bd1 ba1,329 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
57 days on market
1-car garage
COMMON
$5,521/yr taxes
$1,620 HOA (monthly)
Price reduced $21,000
$3,284
estimated monthly payment
Principal & Interest
$1,203/mo
Property Tax
$460/mo
HOA
$1,620/mo
$229,000
20% — $45,800
3%50%
6.875%
3%12%
Loan Amount
$183,200
Down Payment
$45,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
@properties Christie's International Real Estate
Agent: Karl Vogel
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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