ClosedPrice Reduced

$2,299,000

$2,799,000
627 Melrose Street, Chicago, IL 60657
8 Beds8 Baths0 sqft172 days
627 Melrose Street·Chicago, IL 60657
8Bedrooms
8Bathrooms
0Sq Ft
1895Year Built
About This Home

Cozy Urban Retreat in the Heart of Lakeview! Nestled in the vibrant East Lakeview neighborhood of Chicago, this charming Historic 125-year-old Brick Victorian offers a unique blend of urban convenience and tranquil living. With its prime location, an extra wide/deep 37.5X157 lot and thoughtfully designed spaces, this 4-level home presents an exceptional opportunity to experience the best of city living. The residence exudes timeless elegance with its blend of vintage details which have been painstakingly restored and updated. This 6000+ sqft of living space with 8+ bedrooms and 7.1 bathrooms home has custom trim details, plaster moldings and stained glass/leaded beveled edge windows throughout to create an inviting atmosphere throughout. As you approach the home you will find the large covered front porch inviting you into the formal double door wood paneled vestibule. On the 1st level you will find a formal front parlor room with stunning leaded beveled edge and stained glass windows, tall coved ceilings, ornate gas fireplace with beautifully detailed wood-mirrored mantle and stone/tiled hearth and original pocket doors that open into the large living room. The grand living room has tall coffered ceilings featuring magnificent plaster moldings with intricate details, wood paneled walls, portrait lighting/wall sconces, stunning leaded beveled edge glass bay window, gas fireplace with wood/tiled mantle and hearth with custom built-in cabinetry and leaded glass windows. The living room also has the original pocket doors leading into the formal dining room. The dining room has leaded beveled edge glass windows, coved ceilings, portrait lighting/wall sconces, wood paneled walls with custom built-in cabinetry and elegant built-in hutch with buffet. The well-appointed modern eat-in kitchen features high end Wolf, Sub Zero, Miele appliances, ample storage in the substantial custom cabinets and butler's pantry and a convenient layout that makes cooking a pleasure. Whether you're preparing a gourmet meal or a quick snack, this kitchen caters to your culinary needs. The 2nd level has 4+ bedrooms, 3 full baths and full-size laundry room with kitchenette. The 3rd level has an additional 3+ bedrooms, 2 baths and kitchen, ideal for additional living arrangement. Throughout the home are gleaming hardwood floors which have been restored to full beauty. Enter the fully finished basement and be amazed by the space, finishes and functionality. The basement features a large recreation room with gas fireplace, 2 full baths, exercise room and large bonus/storage room with extra refrigerator and sink. Hotwater radiant heat and Zoned Central AC thru-out the home. Step outside to your private outdoor space - a serene oasis in the heart of the city. Whether you're enjoying a morning coffee or unwinding in the evening breeze, this area is perfect for relaxation. Enjoy the large, covered porch off the rear of the kitchen which leads out to a lovely private garden and the rare side yard with blue stone path to front side drive with gated parking pad. In the rear of the property is a coach house which has a 3 car heated garage with a lower level 3500 bottle climate controlled wine cellar below and a 2 bedroom, 1 bath living space above. The coach house living space is ideal for a Live-in Nanny, Extended family or Additional rental income as its currently rented for $2,090 a month. There is additional parking pad next to garage currently used by the coach house tenant. Access to public transportation and major thoroughfares ensures easy mobility around the city. Walk to parks, lake, nightlife and shopping. This is more than a home; it's a lifestyle opportunity in one of Chicago's most desirable neighborhoods. Don't miss your chance to make 627 Melrose your urban retreat. Schedule a viewing today and experience it for yourself.

MLS# 11901348Listed February 12, 2024ResidentialVictorian
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms8
Full Baths7
Half Baths1
Total Rooms16

Size & Structure

Living Area0 sqft
Garage Spaces3
Fireplaces4
Year Built1895
Lot Size37.5X157

Location

CountyCook
TownshipLake View
Zip Code60657

Financial

List Price$2,299,000
Original Price$2,799,000
Annual Taxes (2023)$40,675
Monthly Tax Est.$3,390
Parcel #14213130300000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWine RefrigeratorRange Hood

Heating

Natural GasSteamRadiant

Cooling

Central AirZoned

Basement

FinishedFullDaylight

Laundry

Sink
Exterior & Lot

Construction

Brick

Roof

Slate

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

200+ Amp Service

Parking

Garage Door OpenerCarportHeated GarageOn SiteGarage OwnedDetachedSide ApronOwnedGarage
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
$40,675
Tax Year 2023
Monthly Tax Est.
$3,390
per month
Price Reduced by $500,000
Original list price: $2,799,000
Property Location

627 Melrose Street, Chicago, IL 60657Cook County

$2,299,000
627 Melrose Street
8 bd8 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
172 days on market
3-car garage
4 fireplaces
37.5X157
$40,675/yr taxes
Price reduced $500,000
$15,472
estimated monthly payment
Principal & Interest
$12,082/mo
Property Tax
$3,390/mo
$2,299,000
20% — $459,800
3%50%
6.875%
3%12%
Loan Amount
$1,839,200
Down Payment
$459,800

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

Listed by
Coldwell Banker Realty
Agent: Mick Bess
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