Back 5d/508 W Melrose St
Off Market

5d/508 W Melrose St

Chicago IL 60657

2
2
1
1654 sq. ft.
Condo
Last sold for $575,000
Vikas WadhwaVikas Wadhwa, last sold this property on 26 August 2016 after -418 days on market.

Overview

PRISTINE SPLIT 2BR/2BA UNIT WITH SPACIOUS FLOORPLAN & LARGE SOUTH-FACING BALCONY IN PREFERRED TIER OVERLOOKING THE TREETOPS ON MELROSE STREET. GOURMET KITCHEN WITH STAINLESS APPLIANCES, GRANITE COUNTERS,HIGH-END 42"CABINETRY,MARBLE BATHS, HARDWOOD FLOORS,FIREPLACE & SOPHISTICATED LIGHT FIXTURES COMPLETE THE SETTING. GREAT LOCATION, 1 BLK TO LAKE. INTIMATE BLDG & LOW ASSMT. PARKING INCLUDED

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
1654 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Chicago over the last 12 months, the estimated median property value of 5d/508 W Melrose St is $540k.

Median value
$540k
Estimated value range
$3.67k - $1.22m
Median days on market
7
Estimated value trend
8%
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 5d/508 W Melrose St

2026
Rented
Undisclosed
15 Jun 2026 by BHHS Chicago
2016
Sold
$575,000
26 Aug 2016 by Vikas Wadhwa, of Urban Living Properties, LLC
2008
Sold
$505,000
12 Sep 2008 by Sheldon Salnick, of BHHS Chicago

Happy sellers in Chicago

~%

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 2 bedroom condos in Chicago

In the last 12 months, 425 two-bedroom condos similar to 5d/508 W Melrose St, have been sold.

This represents a 21% increase in two-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Chicago

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent