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$1,525,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,500 Sq. Ft.
  • 3 Car Garage
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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!

Full Property Details for 508 W Melrose St #PH-W

General

  • Price: $1,525,000
  • HOA FEE: $1,363/month
  • Taxes: $29,171 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12506348
  • Updated: 5/5/2026
  • Added to Site: 45 day(s) ago

Interior

  • Basement: None
  • Interior Features: Elevator, Storage, Walk-In Closet(s), Bookcases, Open Floorplan
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Family Room, Living Room, Wood-Burning, Gas Starter
  • Appliances: Double Oven, Microwave, Dishwasher, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Range Hood, Gas Cooktop
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom Features: Whirlpool, Separate Shower, Double Sink, Soaking Tub

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Elevator(s), Exercise Room, Storage, Security Door Lock(s)
  • Equipment: Intercom, Carbon Monoxide Detectors
  • Other Features: Commuter Bus, Commuter Train, Interstate Access, Non-Smoking Building

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Features: Shared Driveway, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage

Location

  • Area: CHI - Lake View
  • County: Cook
  • Township: Lake View
  • Subdivision: Park Plaza at Belmont Harbor
  • Driving Directions: 1 BLOCK NORTH OF BELMONT AVE JUST WEST OF LAKE SHORE DRIVE

School Information

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

Community

  • Assoc. Fees Include: Water, Insurance, Security, Exercise Facilities, Scavenger, Snow Removal, Internet
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: Rosen Management Services

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Structure Type: Condo, Penthouse
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Windows: Drapes, Blinds
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 7
  • Stories/Levels: 7
  • Square Feet: 3,500
  • Sq. Ft. Source: Estimated
  • Year Built: 2003

Unit Information

  • Units in Building: 22

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $1,363
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 2003
  • Tax Amount: $29,171.84
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 14213120551021

Listed by Keller Williams ONEChicago

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— 508 W Melrose St #PH-W —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 508 W Melrose St #PH-W

School District:Chicago Public School District 299
NameGradesDistance
Nettelhorst Elementary School
3252 North Broadway, Chicago, IL 60657
PK-80.1 mi
Lake View High School
4015 North Ashland Avenue, Chicago, IL 60613
9-121.6 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 508 W Melrose St #PH-W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/09/2026
Listed
$1,525,000
150%
MLS
9/08/2006
Sold
$610,000
—
Public Record
Get Price Alerts and Save Property
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 for 508 W Melrose St #PH-W

Year
Property Taxes
Change
Tax Assessment
Change
2023
$949
3%
$4,499
—
2022
$925
2%
$4,499
—
2021
$905
-75%
$4,499
-73%
2020
$3,686
-1%
$16,546
-11%
2019
$3,727
2%
$18,549
—
2018
$3,664
9%
$18,549
19%
2017
$3,358
7%
$15,599
—
2016
$3,124
9%
$15,599
—
2015
$2,858
14%
$15,599
16%
2014
$2,501
2%
$13,478
—
2013
$2,451
1%
$13,478
—
2012
$2,419
—
$13,478
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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508 W Melrose Street #PH-W, Chicago, IL 60657 (MLS# 12506348) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 508 W Melrose Street #PH-W is currently listed for $1,525,000 and was received on April 09, 2026. Want to learn more about 508 W Melrose Street #PH-W? 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.

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