ActivePrice Reduced

$2,490,000

$2,730,000
461 Melrose Street, Chicago, IL 60657
6 Beds5 Baths0 sqft78 days
461 Melrose Street·Chicago, IL 60657
6Bedrooms
5Bathrooms
0Sq Ft
1907Year Built
About This Home

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.

MLS# 12594841Listed March 17, 2026Residential
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms5
Full Baths3
Half Baths2
Total Rooms11

Size & Structure

Living Area0 sqft
Fireplaces3
Year Built1907
Lot Size3818

Location

CountyCook
TownshipLake View
Zip Code60657

Financial

List Price$2,490,000
Original Price$2,730,000
Annual Taxes (2024)$33,886
Monthly Tax Est.$2,824
Parcel #14213140130000
Interior Features

Appliances

Double OvenRangeMicrowaveDishwasherHigh End RefrigeratorBar FridgeWasherDryerStainless Steel Appliance(s)Wine RefrigeratorCooktopOvenRange HoodHumidifier

Flooring

Hardwood

Heating

Natural GasForced AirZonedRadiant Floor

Cooling

Central AirZoned

Basement

FinishedExterior EntryRec/Family AreaStorage SpaceFullDaylight

Laundry

Laundry Closet

Fireplace

Electric
Exterior & Lot

Construction

Brick

Exterior Features

Lighting

Patio & Porch

DeckPatio
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

ConcreteDrivewayOversizedYesOwned
HOA & Community

HOA Includes

None

Community Features

SidewalksStreet Lights
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
$33,886
Tax Year 2024
Monthly Tax Est.
$2,824
per month
Price Reduced by $240,000
Original list price: $2,730,000
Property Location

461 Melrose Street, Chicago, IL 60657Cook County

$2,490,000
461 Melrose Street
6 bd5 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
78 days on market
3 fireplaces
3818
$33,886/yr taxes
Price reduced $240,000
$15,910
estimated monthly payment
Principal & Interest
$13,086/mo
Property Tax
$2,824/mo
$2,490,000
20% — $498,000
3%50%
6.875%
3%12%
Loan Amount
$1,992,000
Down Payment
$498,000

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

Listed by
Engel & Voelkers Chicago
Agent: Lorenzo Sanchez
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

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

Based on information submitted to the MLS GRID. 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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.