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$925,000

  • Sold
  • Closed
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 2,115 Sq. Ft.
  • 1 Car Garage
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This expansive penthouse is located in the best Lakeview location and features a huge private terrace with outstanding space. Located in the former Citizens State Bank building, offering a unique blend of timeless history and the present. Amassing over 2000 square feet, the interior features three generous bedrooms, two full baths, and a chef's kitchen with high-end Wolf and Sub-Zero appliances. A sprawling, 1,300+ square-foot west-facing private terrace provides great space for outdoor entertaining and relaxation and adds to the living space in the warmer months. An oversized covered parking space is included in the price. You will be just steps from the vibrant dining, shopping, and entertainment including nearby Southport corridor, all while being quietly tucked away on Melrose in this beautiful, boutique elevator building.

Full Property Details for 1623 W Melrose St #501

General

  • Sold For: $925,000
  • HOA FEE: $670/month
  • Taxes: $13,888 (2023)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12479619
  • Added to Site: 114 day(s) ago

Interior

  • Interior Features: Dry Bar, Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplace(s): Living Room, Gas Log, Gas Starter
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Humidifier
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Separate Shower, Double Sink, Full Body Spray Shower

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Elevator(s)
  • Equipment: Cable TV, Intercom, Carbon Monoxide Detectors

Exterior

  • Exterior Features: Roof Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage

Location

  • Area: CHI - Lake View
  • County: Cook
  • Driving Directions: Corner of Lincoln and Melrose.

School Information

  • School District: 299
  • Midd School District: 299
  • Elementary School: Burley Elementary School
  • Middle School: Burley Elementary School
  • High School: Lake View High School
  • Private School: Lake View High School

Community

  • Assoc. Fees Include: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: Gary Solomon & Company

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Public

Structural Information

  • Structure Type: Condo, Condo/Loft
  • Construction: Brick, Glass
  • Exterior Const.: Brick, Glass
  • Basement Desc.: None
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 5
  • Stories/Levels: 5
  • Square Feet: 2,115
  • Sq. Ft. Source: Estimated
  • Year Built: 1920
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 9

Lot Features

  • Lot Dimensions: COMMON

Financial Considerations

  • Association Fee: $670
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1920
  • Tax Amount: $13,888.86
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 14194350481007

Listed by @properties Christie's International Real Estate
Sold by Jameson Sotheby's Intl Realty

Listing agent

— 1623 W Melrose St #501 —

  • @properties Christie's International Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1623 W Melrose St #501

School District:Chicago Public School District 299
NameGradesDistance
Burley Elementary School
1630 West Barry Avenue, Chicago, IL 60657
K-80.2 mi
Lake View High School
4015 North Ashland Avenue, Chicago, IL 60613
9-121 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 1623 W Melrose St #501

Date
Details
Price
Change
Source
11/20/2025
Sold
$925,000
2.78%
MLS
9/24/2025
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by @properties Christie's International Real Estate
Sold by Jameson Sotheby's Intl Realty

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1623 W Melrose Street #501, Chicago, IL 60657 (MLS# 12479619) is a Condo property that was sold at $925,000 on November 20, 2025. Want to learn more about 1623 W Melrose Street #501? Do you have questions about finding other Condo real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.