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461 W Melrose St , Chicago, IL 60657
$2,100,000
Est. Payment: $11,460.56/mo
6 Bed
5 Bath
5246 Sqft
Status: active | Days on site: 204
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87262 - 106937,167980
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House Description

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.

Highlights

Listed by Lorenzo Sanchez , 773-419-1724 Engel & Voelkers Chicago , 773-797-9500. Midwest Real Estate Data mls logo

Property Type

Residential

Year Built

1907

County

Cook

Area

CHI - Lake View

School District

299

Listing ID

12594841

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:2
Appliances:Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Oven, Range Hood, Humidifier, TV-Cable,Security System,CO Detectors,Sump Pump,Security Cameras,Water Heater-Gas
Air Cond:Central Air,Zoned
Fireplaces:Electric
Floor:Hardwood
Basement:Finished,Exterior Entry,Rec/Family Area,Storage Space,Full,Daylight
Other:
  • ▪ Additional:Elevator, Built-in Features, Walk-In Closet(s)
Water:Lake Michigan,Public

Exterior Features

Lot Dimensions:3818
Garage Capacity:4
Others:
  • ▪ Additional:Lighting
Sewer:Public Sewer
Parking Features:Concrete,Driveway,Oversized,Yes,Owned
Principal Interest
$11,461
Taxes
$2,824

Home Price

$2,100,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$420,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,460.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,460.56 $2,823.86 $0.00 $14,284.42
Yearly $137,526.74 $33,886.32 $0.00 $171,413.06
Total $4,125,802.14 $1,016,589.60 $0.00 $5,142,391.74
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T08:59:06.000Z

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