Back 4E/714 West Melrose Street
Off Market

4E/714 West Melrose Street

Chicago IL 60657

3
2
1
2000 sq. ft.
Condo
Last sold for $875,000
Nick LibertNick Libert, last sold this property on 01 June 2026 after 58 days on market.

Overview

Experience elevated living at 714 W Melrose #4E, an extra-wide penthouse residence in East Lakeview offering an exceptional blend of scale, light, and refined design. Boasting an impressive 28-foot-wide floor plan, this 3-bedroom, 2-bathroom home is flooded with natural light and thoughtfully designed for both everyday living and sophisticated entertaining. The expansive kitchen is a true focal point, featuring 42-inch cabinetry, granite countertops, stainless steel appliances, and a striking 9-foot island with breakfast bar seating-perfect for gathering and hosting. A separate dining area flows seamlessly into the oversized living room, where a fireplace anchors the space and adds warmth and character. The primary suite offers a serene retreat, complete with a spacious walk-in closet and a spa-inspired ensuite bath featuring a Jacuzzi soaking tub, separate glass-enclosed shower, dual vanity, and linen storage. Two additional bedrooms provide flexibility for guests, a home office, or personalized use. Outdoor living is unmatched, with a large private rear terrace, an additional front-facing deck, and access to a shared rooftop deck showcasing sweeping city views. Additional highlights include hardwood flooring throughout, updated appliances, a beautifully appointed second bathroom with slate and marble finishes, and garage parking included for ultimate convenience with the added luxury of EV charging capability installed and available for sale. A rare opportunity to own a truly expansive penthouse with multiple outdoor spaces in one of Chicago's most vibrant neighborhoods AND in sought after Nettelhorst Elementary School disctrict. Schedule your tour today - this won't last long!

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
2000 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 4E/714 West Melrose Street is $865k.

Median value
$865k
Estimated value range
$310k - $1.77m
Median days on market
6
Estimated value trend
16%
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.

Property history for 4E/714 West Melrose Street

2026
Sold
$875,000
01 Jun 2026 by Nick Libert, of Exit Strategy Realty
2011
Sold
$540,000
15 Apr 2011 by Daniel Otto, of Southport Sotheby's International Realty

Happy sellers in Chicago

94%
94% of sellers in Chicago reported that their sale price either exceeded or met their price expectations.

Chicago stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Chicago over the last 12 months.

Local market activity for 3 bedroom condos in Chicago

In the last 12 months, 241 three-bedroom condos similar to 4E/714 West Melrose Street, have been sold.

This represents a 10% increase in three-bedroom condos sales when compared to the previous 12 months.

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