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609 W Melrose St Apt 2
Pending
Condo
New
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$299,000

609 W Melrose St Apt 2, Chicago

75% below median
1 bd·1 ba·0 sqft
Lake View East

609 W Melrose St Apt 2, Chicago, IL

1 bd · 1 ba · 0 sqft Condo listed at $299,000 in the Lake View East neighborhood.

About this home

Beautifully maintained 1-bedroom, 1-bath condo on charming Melrose Street in the heart of East Lakeview. The unit features a classic white kitchen with clean finishes that opens to a private back deck, perfect for grilling or outdoor seating, and flows into a bright living and dining space accented by exposed brick and a cozy center fireplace. The bathroom offers a nice vanity and a shower/tub combination, while the large bedroom includes an extra bump-out space ideal for a home office or reading nook. In-unit laundry adds convenience. Located just steps from the lakefront, parks, restaurants, shopping, public transit, and the neighborhood farmers market right across the street. Includes a separate storage cage. Rentals allowed but currently at cap. Permit street parking and nearby rental parking options available.

Property details

Price
$299,000
Bedrooms
1
Bathrooms
1
Type
Condo
Days on market
29
Est. property tax
$6,219/yr · $518/mo · 2.08% IL avg
HOA
$451/mo
Last sold
$224,000 · May 2021

Estimated monthly payment

Down payment20% ($59,800)
Interest rate6.75%
Principal & Interest$1,551
Property Tax$274
Insurance$150
Total$1,976/mo

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Price history

$358K$204K$50K$76K on Apr 91 (Sold)$94K on Dec 97 (Sold)$240K on Feb 10 (Initial list)$230K on May 10 (Price change)$230K on Jun 10 (Price change)$232K on May 16 (Initial list)$227K on May 16 (Price change)$228K on Aug 16 (Sold)$245K on Nov 20 (Initial list)$239K on Nov 20 (Price change)$239K on Jan 21 (Price change)$239K on Jan 21 (Price change)$224K on Apr 21 (Sold)$299K on Mar 26 (Initial list)$332K on Apr 26 (Sold)
$76K · Apr 91$332K · Apr 26
  1. Apr 27, 2026$332,000Sold
  2. Mar 28, 2026$299,000Initial list price
  3. Apr 23, 2021$224,000Sold
  4. Jan 13, 2021$239,000Price change
  5. Jan 2, 2021$239,000Price change
  6. Nov 23, 2020$239,000Price change
  7. Nov 12, 2020$245,000Initial list price
  8. Aug 26, 2016$227,500Sold
  9. May 31, 2016$227,000Price change
  10. May 15, 2016$232,000Initial list price
  11. Jun 17, 2010$230,000Price change
  12. May 4, 2010$230,000Price change
  13. Feb 14, 2010$240,000Initial list price
  14. Dec 9, 1997$93,500Sold
  15. Apr 3, 1991$76,000Sold

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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