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434 W Melrose St Apt 302
Condo
New
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$925,000

$595/sqft

434 W Melrose St Apt 302, Chicago

22% below median
2 bd·2 ba·1,554 sqft
Built 2019Lake View

434 W Melrose St Apt 302, Chicago, IL

2 bd · 2 ba · 1,554 sqft Condo listed at $925,000, built in 2019 in the Lake View neighborhood.

About this home

Welcome to 434 Melrose, a boutique collection of 18 condominiums in Lakeview East. Situated just steps from Lake Michigan, this elevator building offers high ceilings, brick, limestone, concrete construction, expansive bedrooms and dedicated private outdoor spaces for every unit. Comprised of 2-4 bedroom condominiums, 434 Melrose residents will enjoy attached heated parking, on-site fitness center, additional storage and a bonus recreation room. 302 is a 2 bed, 2 bath, 1,554sqft unit with a private outdoor space. Heated attached parking available for purchase. Photos of Model Unit 602 (Different floor plan with similar finishes. 302 is South facing, along Melrose Street)

Property details

Price
$925,000
Bedrooms
2
Bathrooms
2
Interior
1,554 sqft
Price / sqft
$595
Year built
2019
Type
Condo
Days on market
26
Est. property tax
$19,240/yr · $1,603/mo · 2.08% IL avg
HOA
$529/mo

Estimated monthly payment

Down payment20% ($185,000)
Interest rate6.75%
Principal & Interest$4,800
Property Tax$848
Insurance$150
Total$5,798/mo

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Price history

$1.02M$464K$-88K$850K on Dec 16 (Initial list)$850K on Feb 17 (Price change)$850K on Sep 17 (Initial list)$850K on Dec 17 (Price change)$850K on Dec 17 (Initial list)$850K on Feb 18 (Price change)$785K on Feb 18 (Initial list)$865K on Mar 18 (Price change)$865K on May 18 (Price change)$4K on Jun 18 (Price change)$4K on Jul 18 (Price change)$4K on Dec 18 (Price change)$4K on Oct 19 (Price change)$4K on Mar 20 (Price change)$4K on Apr 22 (Price change)$4K on Jun 22 (Price change)$5K on Apr 23 (Price change)$5K on May 23 (Price change)$5K on Jul 23 (Price change)$5K on Jul 23 (Price change)$5K on Aug 23 (Price change)$5K on Aug 23 (Price change)$5K on Aug 23 (Price change)$5K on Sep 23 (Price change)$5K on Sep 23 (Price change)$5K on Sep 23 (Price change)$5K on Sep 23 (Price change)$5K on Dec 23 (Price change)$925K on Mar 26 (Initial list)
$850K · Dec 16$925K · Mar 26
  1. Mar 30, 2026$925,000Initial list price
  2. Dec 26, 2023$4,625Price change
  3. Sep 29, 2023$4,625Price change
  4. Sep 7, 2023$4,625Price change
  5. Sep 5, 2023$4,625Price change
  6. Sep 5, 2023$4,625Price change
  7. Aug 14, 2023$4,625Price change
  8. Aug 3, 2023$4,625Price change
  9. Aug 2, 2023$4,625Price change
  10. Jul 23, 2023$4,897Price change
  11. Jul 18, 2023$4,897Price change
  12. May 4, 2023$4,997Price change
  13. Apr 6, 2023$5,047Price change
  14. Jun 3, 2022$4,495Price change
  15. Apr 9, 2022$4,495Price change
  16. Mar 11, 2020$3,875Price change
  17. Oct 17, 2019$3,875Price change
  18. Dec 17, 2018$4,055Price change
  19. Jul 3, 2018$4,055Price change
  20. Jun 13, 2018$4,055Price change
  21. May 25, 2018$865,000Price change
  22. Mar 7, 2018$865,000Price change
  23. Feb 28, 2018$785,400Initial list price
  24. Feb 8, 2018$850,000Price change
  25. Dec 22, 2017$850,000Initial list price
  26. Dec 21, 2017$850,000Price change
  27. Sep 5, 2017$850,000Initial list price
  28. Feb 28, 2017$850,000Price change
  29. Dec 13, 2016$850,000Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60657)

This neighborhood skews young (median age 30.9) and is highly educated (49% hold a bachelor's degree) and is primarily renter-occupied (38% owner-occupied). Median household income is $105,428.

Median income
$105,428
Median age
30.9
Owner-occupied
37.7%
Bachelor's degree
48.9%
Census median home value
$526,600

Source: US Census Bureau American Community Survey 5-year estimates.

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