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$2,999,900
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Property Description
Exceptional, custom developer-built home in the heart of the Southport Corridor-an extra-wide, extra-deep residence offering an impressive 5BD/4.1BA (easily lives as 6BD) and approx. 6,800 SF* of thoughtfully designed space. Every bedroom features abundant closet storage, most with dual closets or walk-in). Timeless millwork and high-end finishes throughout: marble-accented dining built-ins, elegant wainscoting along the staircase and halls, and two gas fireplaces, one in the living room and a second currently concealed behind the family room built-ins. Chef's kitchen boasts new quartz countertops, custom oversized island, walk-in pantry plus a second large pantry, and a premium appliance package including Viking range, KitchenAid refrigeration, plus refrigerator drawers, Bosch dishwasher, Zephyr hood, second oven, and wine cooler. Mudroom with extensive storage, main-level laundry (plus optional lower-level hookups), tankless water heater, instant hot at the kitchen sink, and filtered water at the kitchen sink. Primary suite includes soaring ceilings, Juliet balcony, HUGE walk-in closet with custom built-ins, and spa bath with marble floors, dual vanity, luxe bidet-style toilet, and steam shower. Comfort is dialed in with two furnaces, two A/C units, and humidifier, plus ceiling fans in all bedrooms and dimmers throughout. The lower level offers a large family room, additional bedroom, full bath, dog wash, and exceptional storage. The top floor lives like a private apartment, full bath, living/lounge area, and its own outdoor space, plus recently refinished hardwood on the 4th floor. Outdoor living shines with a built-in outdoor gas firepit/fireplace in the yard, custom cover included for weather protection, electrical + water hookups running to exterior areas (lower/upper decks), plus gas line for grill. IPE wood on all exterior decking off the home, stairs, and garage roof deck (Trex on 4th floor). Newer sprinkler system (front yard + parkway). Heated front steps/walkway, new heating element recently installed. Thoughtful infrastructure upgrades include exterior wiring routed into its own conduit along the stairs to the roof deck for a cleaner look. Roof fully replaced approx. 10 years ago (25-year warranty-transferability to be verified). Bull Dog Security system. Massive 3-car brick garage with raised ceiling and incredible built-in storage, plus rooftop deck over the garage. Unbeatable location, Walker's Paradise, steps to Southport shops/dining, parks, Whole Foods, and easy train access; located in the coveted Burley school district.
Full Property Details
Full Property Details for 1426 W Melrose St
General
- Price: $2,999,900
- Taxes: $48,560 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12541063
- Updated: 1/14/2026
- Added to Site: 9 day(s) ago
Interior
- Basement: Finished, F
- Interior Features: Vaulted Ceiling(s), Wet Bar
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Humidifier
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Basement Baths: Yes
- Bathroom Features: Whirlpool, Separate Shower, Steam Shower, Double Sink
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Security System, Intercom
Exterior
- Exterior Features: Balcony, Roof Deck
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Lake View
- County: Cook
- Township: Lake View
- Driving Directions: SOUTHPORT TO MELROSE. WEST TO 1426
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Burley Elementary School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air, Zoned
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick, Limestone
- Exterior Const.: Brick, Limestone
- Basement: Yes
- Basement Desc.: Finished, Full, Daylight
- Windows: Skylight(s)
- Sq. Ft. Source: Not Reported
- Year Built: 2001
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 33.33 x 125
Financial Considerations
- Parking Included: Yes
- Assessment Year: 2001
- Tax Amount: $48,560.58
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 14203250310000
Listed by Compass
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Schools
Schools serving 1426 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 | 0.3 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1426 W Melrose St
Date
Details
Price
Change
Source
1/08/2026
Listed
$2,999,900
115.59%
MLS
1/31/2001
Sold
$1,391,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1426 W Melrose St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$41,710
3%
$201,000
—
2022
$40,639
2%
$201,000
—
2021
$39,750
11%
$201,000
23%
2020
$35,664
2%
$163,198
-8%
2019
$34,951
-9%
$177,390
-10%
2018
$38,315
-27%
$197,402
-19%
2017
$52,405
7%
$245,184
—
2016
$49,108
9%
$245,184
—
2015
$44,929
46%
$245,184
48%
2014
$30,800
2%
$166,006
—
2013
$30,192
1%
$166,006
—
2012
$29,789
—
$166,006
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1426 W Melrose St
1426 W Melrose Street, Chicago, IL 60657 (MLS# 12541063) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 1426 W Melrose Street is currently listed for $2,999,900 and was received on January 08, 2026. Want to learn more about 1426 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.

