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Listing provided courtesy of Engel & Voelkers ChicagoMREDas Distributed by MLSGrid- MLS# 12594841MLS Provider

461 W Melrose StreetChicago, IL 60657

Single Family · 6 Beds · 3 Full Baths · 2 Half Baths · 5,246 Sq. ft.
$2,490,000 Active

461 W Melrose Street Overview

Time on Site:
104 days
Visits:
4

Behind a classic Chicago facade, this contemporary four-level home in East Lakeview offers spacious living and thoughtful updates throughout. Renovated in 2020, this home includes all newer mechanicals, windows, designer lighting, and an elevator that connects every level, from the finished English basement to the 3rd level. The main level features a large living and dining area that flows into an open family room and a newer chef's kitchen (2020) with custom cabinetry, premium appliances, a professional-grade hood, a pantry, and a striking marble island. Ceiling heights in the kitchen reach nearly 20 feet, adding to the sense of space and volume. With six spacious above-grade bedrooms, this home offers tremendous flexibility to accommodate a variety of needs-whether you're looking for extra space for guests, multiple home offices, a yoga room, hobby space, or simply room to grow. The primary suite includes a walk-in closet, access to a private deck, and a luxurious full bath. The finished lower level has high ceilings and flexible space for a rec room, gym, or home theater. Other features include zoned HVAC and custom closets. Outside, enjoy an oversized, fully fenced backyard -- an uncommon find in the city -- ideal for entertaining, gardening, or play. Multiple decks provide additional outdoor living options. There is also parking for up to four cars. Located just half a block from Lake Shore Drive and Belmont Harbor, this home benefits from RM6 zoning, offering the possibility of future development potential in one of Chicago's most desirable neighborhoods. Enjoy easy access to public transportation, including express buses to downtown, the lakefront path, Belmont Harbor, and vibrant shopping and dining along Broadway.

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461 W Melrose Street Facts & Features

  • Type Single Family
  • Sq. ft. 5,246
  • Price/Sq.ft. $475

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 299
  • Elementary School: Nettelhorst Elementary School
  • Middle Or Junior School: Nettelhorst Elementary School
  • High School: Lake View High School

Building Information

  • New Construction: No
  • Year Built: 1907

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Lake View
  • Township: Lake View

Community/Development

  • Community Features: Sidewalks, Street Lights

Tax Information

  • Tax Annual Amount: $33,886.32
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 14213140130000
  • Property Type: Residential
  • Special Listing Conditions: List Broker Must Accompany

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 2
  • Bathrooms Total: 5
  • Bedrooms Total: 6
  • Bedrooms Possible: 6

Building Interior

  • Fireplace Location: Family Room,Living Room,Master Bedroom

General Information

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Oven, Range Hood, Humidifier
  • Basement: Finished, Exterior Entry, Rec/Family Area, Storage Space, Full, Daylight
  • Cooling: Central Air, Zoned
  • Fireplace Features: Electric
  • Fireplaces Total: 3
  • Flooring: Hardwood
  • Heating: Natural Gas, Forced Air, Zoned, Radiant Floor
  • Interior Features: Elevator, Built-in Features, Walk-In Closet(s)
  • Laundry Features: Laundry Closet
  • Living Area: 5246
  • Living Area Source: Estimated
  • Other Equipment: TV-Cable, Security System, CO Detectors, Sump Pump, Security Cameras, Water Heater-Gas
  • Rooms Total: 11
  • Window Features: Skylight(s)

Exterior

Parking Information

  • Parking Features: Concrete, Driveway, Oversized, Yes, Owned
  • Parking Total: 4

Lot Information

  • Lot Size Dimensions: 3818
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Exterior Features: Lighting
  • Sewer: Public Sewer

Room Information

Room: Recreation Room

  • Level: Basement
  • Dimensions: 19X39

Room: Storage

  • Level: Basement
  • Dimensions: 16X27

Room: Dining Room

  • Level: Main
  • Dimensions: 13X11

Room: Family Room

  • Level: Main
  • Dimensions: 16X12

Room: Kitchen

  • Level: Main
  • Dimensions: 19X19

Room: Living Room

  • Level: Main
  • Dimensions: 22X29

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 4

  • Level: Second
  • Dimensions: 15X18

Room: Bedroom 5

  • Level: Second
  • Dimensions: 22X17

Room: Bedroom 6

  • Level: Second
  • Dimensions: 10X8

Room: Bedroom 2

  • Level: Third
  • Dimensions: 22X12

Room: Bedroom 3

  • Level: Third
  • Dimensions: 16X11

Room: Laundry

  • Level: Third
  • Dimensions: 4X5

Room: Master Bedroom

  • Level: Third
  • Dimensions: 19X18

461 W Melrose Street Neighborhood

Community

60657 (CHICAGO) Demographics

31
Median Age
23,068
Population Density (per sq. mile)
87%
College Educated
$94,722
Estimated Median Income
14,173
Estimated Total Home Owners
22,758
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

461 W Melrose Street Monthly Cost

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$
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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

461 W Melrose Street Market Data

Based on the last 30 days in this zip code

$983,928
Average List Price
$754
Average Price per Square Foot
101
Properties Sold
49
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

461 W Melrose Street History

Date Event Value Agent
6/1/2026Source: MRED Status Change
Active
5/27/2026Source: MRED Price Reduction
$2,490,000 -8.8%
5/27/2026Source: MRED Status Change
Price Change
3/22/2026Source: MRED Status Change
Active
3/17/2026Source: MRED Added to Database
March 17, 2026