202/1623 West Melrose Street

Chicago IL 60657

1963 sq. ft.

Condo

Last sold for $611,000

Julie Busby, last sold this property on 05 August 2024 after -1 days on market.

Overview

Welcome to this beautiful 3-bed, 2-bath concrete loft-style home in the boutique Citizens State Bank building located in the vibrant heart of Lakeview/Southport Corridor and Burley school district! Currently leased until 2025, this beautifully upgraded and totally move-in ready home is a great opportunity for investors, and/or buyers looking to move next year - buy now, get the write off and rental income, then move or start a new lease in 2025! Enter the home through the large double-entry foyer, with a natural space for a great mudroom. Usher through to the open main living space which boasts hardwood floors, high ceilings with concrete accents and exposed brick. There is also plenty of room for multiple seating areas and a full wall of west-facing windows leading out to the conveniently located and expansive terrace. The open gourmet kitchen features stainless steel appliances, custom ceiling-height cabinetry and a breakfast bar for in-kitchen dining. With the sizable dining area just off the kitchen, this is the perfect setup for relaxing, cooking and enjoying! All 3 bedrooms are fully enclosed - a rarity for lofts! You will be wowed by the huge primary bedroom, with a gorgeous exposed brick accent wall, and plenty of space for a king size bed, nightstands, and a seating area. Custom lighting, a sizable walk-in closet, and large primary bath with dual vanities and huge shower round out this space. The 2 additional bedrooms (either could double perfectly as a home office!) are both spacious and feature exposed brick, custom lighting and generously sized closets with built-in closet systems. All of that in a premier Lakeview location close to everything: Southport Corridor's amazing restaurants and shops, Whole Foods, Hamlin Park, transportation and so much more! Indoor, heated and attached garage parking for 1 car is included.

Features

3 bedrooms

2 bathrooms

1 carspace

1 garage space

1963 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Chicago over the last 12 months, the estimated median property value of 202/1623 West Melrose Street is $862.5k.

Median value

$862.5k

Estimated value range

$310k - $1.77m

Median days on market

Estimated value trend

17%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.