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31 Properties Within 0.5 miles of: 1516 W Melrose, Chicago

1516 W Melrose
Chicago, IL 60657

  • 5 Beds
  • 4 / 1 Baths
  • 5,100 Sq. Ft.
  • Built In 2005
Price

$2,250,000

Est Payment
$15,423 / month (details)  
Taxes
$35,591  
Beds
5  
Baths
4 / 1  
Rooms
10  
Type
Detached Single  
Sq. Ft.
5,100  
Lot Size
25 X 125  
Built
2005  
Neighborhood
West Lakeview  
MLS
#12308038
Status
Sold (4/16/2025)

Property Description

BURLEY SCHOOL DISTRICT! Extra wide 5,100 sq. ft. South-facing brick and limestone home in the heart of the Southport Corridor that blends luxury, style, and functionality. Redesigned in 2020, and enhanced in 2023 & 2024 to seamlessly blend classic elegance with modern sophistication. Step inside to bright interior with 45 windows, walnut hardwood floors (heated on 1st level and lower level),coffered ceilings, paneled walls, designer sconces, and statement chandeliers. Sleek kitchen has an oversized island, Wolf six-burner cooktop and double oven, Sub-Zero refrigerator, and a two-zone wine fridge with a built-in wine rack. FLOS lighting and quartz countertops elevate the space, which flows seamlessly into the sun-drenched family room featuring a new Montigo 54" gas fireplace- one of four fireplaces throughout the home. The lux primary suite has its own outdoor Summer reading terrace, walk-in closets, gas fireplace, and a spa-like bathroom complete with heated floors, a steam shower, a soaking tub, and separate vanities. The other two bedrooms on the second floor are excellent size with organized closets. The third floor offers a bright office space with a south-facing walkout deck, full bath and a fourth bedroom with a private north-facing deck that has a outdoor fire table. The expansive lower level features high ceilings, an enormous recreation room enhanced with an oynx wet bar, a Sub-Zero wine fridge, and wood burning fireplace. Private outdoor spaces include a paver patio for grilling and a garage roof deck with a full pergola, perfect for al fresco dining. All outdoor terraces were recently built out with Ipe wood, planters, lighting and lush greenery. The guest suite in the lower level has a redesigned bath and is perfect for in-laws, a home gym, or a live-in nanny. Just two blocks from everything the walkable Southport Corridor has to offer, including Whole Foods, Target, parks, Paulina Brown line, and top-rated schools.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Hardwood
19X18
Dining Room
Main
Hardwood
15X15
Kitchen
Main
Hardwood
19X14
Family Room
Main
Hardwood
18X20
Laundry
N/A
Master Bedroom
Second
Hardwood
19X16
Bedroom 2
Second
Carpet
18X11
Bedroom 3
Second
Carpet
12X11
Bedroom 4
Third
Carpet
14X15
Bedroom 5
Lower
17X12
Other Room
Second
20X24
Terrace
Main
25X23
Deck
Second
10X7
Recreation Room
Third
18X20
Balcony/Porch/Lanai
Third
19X17

Utilities

  • Heating Natural Gas, Forced Air, Radiant, Radiant Floor
  • Cooling Central Air, Zoned
  • Water Lake Michigan, Public
  • Sewer Public Sewer

Additional Information

Interior Features
Wet Bar, Walk-In Closet(s)
Exterior Features
Roof Deck
Appliances
Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Range Hood, Gas Cooktop, Humidifier
Parking
2.5 Garage Spaces, Garage Door Opener, On Site, Garage Owned, Detached, Garage, Parking included in price
Schools
Lake View High School (299), Burley Elementary School (299), Burley Elementary School (299)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-10-2025 Listed at $2,350,000
03-18-2025 Status changed to Under Contract
04-16-2025 Status changed to Closed
04-16-2025 Sold at $2,250,000
Last Modified 4/16/25 1:46 PM

Nearby Transportation

  • Bus 77 0.1 mi
  • Bus 9 0.1 mi
  • Bus X9 0.1 mi
  • Bus 152 0.4 mi
  • Bus 50 0.6 mi
  • Bus 76 0.6 mi
  • Bus 22 0.7 mi
  • Bus 8 0.9 mi
  • Bus 151 0.9 mi
  • Bus 156 0.9 mi
  • Bus 80 0.9 mi
  • Bus X49 1.1 mi
  • Bus 49 1.1 mi
  • Bus 74 1.1 mi
  • Bus 36 1.1 mi
  • Brown Line 0.3 mi
  • Purple Line 0.7 mi
  • Red Line 0.7 mi
  • ZipCar 0.2 mi
  • I 90 West 1.4 mi
  • I 94 West 1.4 mi
  • I 90 East 1.4 mi
  • I 94 East 1.4 mi
  • I 290 West 4.5 mi
  • I 290 East 4.5 mi
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