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Property Description
Coming soon from Environs on a jumbo extra-wide 5,050 SF lot equivalent to more than 1.5 standard lots. Boasting 29 feet of street exposure and 61 feet of alley frontage, this home will feature a massive 40 'x 33' rear yard and a coveted Breezeway attachment to a heated Garage accommodating 3-6 cars. This unique offering presents the chance to build a custom home ranging from 6,500-9,000 sq. ft., with complete customization options for the exterior, floorplan and finishes. The quoted price includes 6,500+ sq. ft. on three floors with an optional penthouse level adding an additional 1,200 sq. ft. The substantial Living/Dining Room leads to a large Kitchen with a big walk-in Pantry. An extra wide and massive Great Room, measuring 540 sq. ft., features a wall of windows overlooking the Rear Deck and the vast Yard beyond. The Second Level offers 4 Bedrooms, including an expansive Primary Suite. The Lower Level features a gigantic Recreation Room, two additional Bedrooms and a spacious Storage Room. Options include; Third Floor that adds 2 more Bedrooms and a Lounge area leading to a enormous Roof Deck; Fourth Floor Skydeck Level with Wet Bar and another huge Roof Deck; Wine cellar; Sport Court; 6 car garage, and more. This is a unique chance to collaborate with the in-house design team at Chicago's premier Design/Build firm to create your dream home on this jumbo site!
Full Property Details
Full Property Details for 1240 W Melrose St
General
- Sold For: $4,480,000
- Taxes: (2022)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12024827
- Added to Site: 724 day(s) ago
Interior
- Interior Features: Wet Bar
- Fireplace: Yes
- Fireplace(s): Living Room, Great Room, Wood-Burning, Gas Starter
- Appliances: Range, Dishwasher, High-End Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Basement Baths: Yes
- Bathroom Features: Steam Shower, Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Roof Deck, Breezeway
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - Lake View
- County: Cook
- Driving Directions: Between Southport and Racine on Melrose
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Natural Gas, Forced Air, Radiant, Sep Heating Systems - 2+, Zoned, Radiant Floor
Utilities
- Water: Public
Structural Information
- Construction: Brick, Limestone
- Exterior Const.: Brick, Limestone
- Basement Desc.: Finished, Exterior Entry, Daylight
- Foundation: Concrete Perimeter
- Roof: Rubber
- Windows: Skylight(s)
- Square Feet: 6,500
- Sq. Ft. Source: Builder
- Year Built: 2024
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 29 x 127 x 61
- Lot Features: Irregular Lot
Financial Considerations
- Parking Included: Yes
- Assessment Year: 2024
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 14203270170000
Listed by @properties Christie's International Real Estate
Sold by Redfin Corporation
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Schools
Schools serving 1240 W Melrose St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Burley Elementary School 1630 West Barry Avenue, Chicago, IL 60657 | K-8 | 0.5 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1240 W Melrose St
Date
Details
Price
Change
Source
2/26/2025
Sold
$4,480,000
12.14%
MLS
4/09/2024
Listed
$3,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1240 W Melrose Street, Chicago, IL 60657 (MLS# 12024827) is a Single Family property that was sold at $4,480,000 on February 26, 2025. Want to learn more about 1240 W Melrose Street? Do you have questions about finding other Single Family real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

