Back 5c/508 W Melrose St
Off Market

5c/508 W Melrose St

Chicago IL 60657

3
2
2
1761 sq. ft.
Condo
Last sold for $650,000
Eileen BrennanEileen Brennan, last sold this property on 15 May 2020 after 941 days on market.

Overview

A beautifully updated 3BR condo in a boutique elevator building in prime East Lakeview! Featuring Hardwood floors in living space, wool carpet in bedrooms, crown molding, and 17'x 5' balcony. Kitchen features 42' cabinetry, Quartz countertops, marble backsplash, stainless steel Kitchen Aid appliances and Viking wine cooler. Walk-in pantry. Spacious master suite features a renovated master bath with dual vanity, soaking tub and separate shower. Impressive closet space throughout. Large 2nd and 3rd bedrooms are well-situated across from 2nd bath. Smart thermostat and new water heater. Attached heated garage parking available for $30K and additional parking space available for rent if needed. Digital doorman, Gym in the building and storage locker included. Convenience of one-level living situated on a tree lined street steps from the Lake Michigan/Belmont Harbor, restaurants, shops, farmer's market on Broadway, numerous parks and highly rated Nettlehorst Elementary school.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1761 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 5c/508 W Melrose St is $865k.

Median value
$865k
Estimated value range
$310k - $1.77m
Median days on market
7
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.

Property history for 5c/508 W Melrose St

2020
Sold
$650,000
15 May 2020 by Eileen Brennan, of Baird & Warner
2016
Sold
$625,000
25 Apr 2016 by Chaz Walters, of Coldwell Banker Residential

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, 250 three-bedroom condos similar to 5c/508 W Melrose St, have been sold.

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

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