508 W Melrose St, Unit PHW

Chicago, IL 60657

$1,525,000
Price
3
Beds
3,500 Sq. Ft.
$436 / Sq. Ft.
3,500
Sq. Ft.
$436
per Sq. Ft.
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Description

Rarely available approx. 3,500 sq ft on one-floor penthouse in elegant East Lakeview elevator building. Single-family home living in this spacious and well planned 3 bedroom plus study, 3.5 bath unit. Included with the unit are in building 3 deeded side by side heated garage parking spaces. Walk in and be amazed at the open concept kitchen, living room, and dining room area, perfect for entertaining and everyday living. This bright and extra wide unit offers privacy and views facing south, north...Rarely available approx. 3,500 sq ft on one-floor penthouse in elegant East Lakeview elevator building. Single-family home living in this spacious and well planned 3 bedroom plus study, 3.5 bath unit. Included with the unit are in building 3 deeded side by side heated garage parking spaces. Walk in and be amazed at the open concept kitchen, living room, and dining room area, perfect for entertaining and everyday living. This bright and extra wide unit offers privacy and views facing south, north and west. There is no shortage of natural light throughout, including 4 skylights that enhance the overall brightness of the unit. Updated kitchen offers caesarstone quartz countertops, peninsula and island perfect for entertaining and cooking. Walk out to the expansive terrace through two sets of double french doors, accessed from the living and dining room, and enjoy the sunset or your morning coffee. The terrace is equipped with a gas line for all your barbeque needs. Unit features high ceilings with beautiful ceiling details with crown molding throughout the unit, spacious living room area large enough for a sectional or two sofas, hardwood floors throughout, side by side washer dryer and loads of storage space. Cuddle up next to one of the two wood burning gas starter fireplaces and enjoy a glass of wine. Large primary bedroom with walk in closet, 2 sets of double closets, balcony and spa-like bathroom with dual vanities, whirlpool and separate shower. Second and third bedrooms are both ensuite and have ample storage and space for a king size bed. The study could serve as an extra bedroom, nursery, reading room or gym. Don't miss the opportunity to live in this spectacular home in the heart of East Lakeview, surrounded by bars, restaurants and coffee shops. Walking distance to grocery stores and the "L". Welcome home!
  1. Listed by Sara McCarthy • Keller Williams ONEChicago
    P: (312)-961-4872 sara@dorgermccarthy.com
  2. Listed by Lena Quist • Keller Williams ONEChicago
    P: (814)-823-5016 lenaquist@kw.com

Property Details for 508 West Melrose Street, Unit PHW

Area
CHI - Lake View
Subdivision
Park Plaza at Belmont Harbor
Township
Lake View
Ownership
Condo
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air
LISTING UPDATED: 04/25/2026 03:39 AM

Property Details for 508 West Melrose Street, Unit PHW

StatusActive
MLS #12506348
Days on Market62
Pet PolicyAllowed
Taxes$29,172 / year
HOA Fees$1,363 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeAttached Single / Condo
Year Built2004
CountyCook County
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Location

Listing Courtesy of Keller Williams ONEChicago
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Building Information for 508 West Melrose Street, Unit PHW

Building/Complex508 W Melrose StFloor7Stories7Residences22Pet PolicyAllowedPet Policy Details999Year Built2004

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$11,393 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,599

Property Taxes

$2,431

HOA Dues

$1,363

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Property Information for 508 West Melrose Street, Unit PHW

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Nettelhorst Elementary School
  • Jr High Middle School: Nettelhorst Elementary School
  • High School District: 299
  • High School: Lake View High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Shared Driveway, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Pet Information
  • Max Pet Weight: 999.0
  • Pet Information: Cats OK, Dogs OK
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Common Insurance, Security System, Exercise Facilities, Scavenger, Snow Removal, Internet Access
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: Yes
Property Information
Interior Features
  • Interior Property Features: Elevator, Storage, Walk-In Closet(s), Bookcases, Open Floorplan
  • Common Area Amenities: Elevator, Exercise Room, Storage, Security Door Locks
  • Num Of Rooms: 7
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 0
  • Bath Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Fireplace Features: Wood Burning, Gas Starter
  • Basement Type: None
  • Bedrooms Possible: 3
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Basement Bathrooms: No
  • Fireplace Location: Family Room,Living Room
  • Room Type: Study, Balcony/Porch/Lanai
  • Num of Baths: 3.1
Exterior Features
  • Type: Condo,Penthouse
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator, Oven, Range Hood, Gas Cooktop
  • Other Equipment: Intercom, CO Detectors
Property/Lot Information
  • Exterior Property Features: Balcony
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 21-25 Years
  • Type Attached: Condo, Penthouse
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 7
  • Total # Units in Building: 22.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Brick
  • Construction: Brick
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building
  • North Coordinate: 3234
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 508
  • Living Area Source: Estimated
  • Management: Manager Off-site
  • Management Company: Rosen Management Services
Property and Assessments
  • Public Document Count: 4
  • Document Date: 2026-01-27T18:13:30
  • Photos Count: 44
  • Rural: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 18X16
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 16X13
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 12X12
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 15X14
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 16X14
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 10X10
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 31X17
Study Information
  • Room Level: Main
  • Room Type: Study
  • Dimensions: 12X10
Balcony/Porch/Lanai Information
  • Room Level: Main
  • Room Type: Balcony/Porch/Lanai
  • Dimensions: 31X11

Property History for 508 West Melrose Street, Unit PHW

DateEvent & SourcePriceAppreciation
Apr 9, 2026

Listed (Active)

MRED #12506348

$1,525,000—
DateEvent & SourcePrice
04/09/2026

Listed (Active)

MRED #12506348

$1,525,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 508 West Melrose Street, Unit PHW

Taxable ValueLand$9,409Additions$119,134Total$128,543
Tax Record2023$26,275 ($2,190 / month)
Home Facts
Beds0Lot Size10,117 SqFtStyleCondominiumYear Built2003CountyCOOKAPN14-21-312-055-1021

Schools near 508 West Melrose Street, Unit PHW

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Nettelhorst Elementary School
Public - PK to 8
Lake View High School
Public - 9 to 12
Jefferson Alt High School
Public - 6 to 12
Plato Learning Academy Elementary School
Public - K to 8
Rating
School
Distance
Nettelhorst Elementary School
PublicPK to 8

Lake View High School
Public9 to 12

Jefferson Alt High School
Public6 to 12

Plato Learning Academy Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 508 West Melrose Street, Unit PHW, Chicago, IL 60657

508 West Melrose Street, Unit PHW is a condo for sale in Chicago, IL 60657. This property was listed for sale on April 9, 2026 by Keller Williams ONEChicago, it's currently listed at $1,525,000. This listing's school district is Chicago Public Schools. Nearby schools include Nettelhorst Elementary School, Lake View High School and Jefferson Alt High School. 508 West Melrose Street, Unit PHW is a 3-bed, 4-bath, 3,500 sqft condo built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams ONEChicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/25/2026 03:39 AM. 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.