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49 Properties Within 0.5 miles of: 551 W Melrose, Chicago
  • 3550 N Lake Shore Unit 226, Chicago, IL 60657
    Chicago

    3550 N Lake Shore
    Unit 226

    $177,000
    0 bed | 1 bath
    3 more available units at this address
    $385,000 Unit 1901 2 bd / 2 ba
    $279,000 Unit 224 1 bd / 1 ba
    $264,900 Unit 1725 1 bd / 1 ba
  • 3550 N Lake Shore Unit 1725, Chicago, IL 60657
    Chicago

    3550 N Lake Shore
    Unit 1725

    $264,900
    1 bed | 1 bath
    3 more available units at this address
    $385,000 Unit 1901 2 bd / 2 ba
    $279,000 Unit 224 1 bd / 1 ba
    $177,000 Unit 226 0 bd / 1 ba
  • 3550 N Lake Shore Unit 224, Chicago, IL 60657
    Chicago

    3550 N Lake Shore
    Unit 224

    $279,000
    1 bed | 1 bath
    3 more available units at this address
    $385,000 Unit 1901 2 bd / 2 ba
    $264,900 Unit 1725 1 bd / 1 ba
    $177,000 Unit 226 0 bd / 1 ba
  • 3550 N Lake Shore Unit 1901, Chicago, IL 60657
    Chicago

    3550 N Lake Shore
    Unit 1901

    $385,000
    2 bed | 2 bath
    3 more available units at this address
    $279,000 Unit 224 1 bd / 1 ba
    $264,900 Unit 1725 1 bd / 1 ba
    $177,000 Unit 226 0 bd / 1 ba
  • 2909 N Sheridan Unit 1606, Chicago, IL 60657
    Chicago

    2909 N Sheridan
    Unit 1606

    $197,500
    1 bed | 1 bath
    1 more available unit at this address
    $360,000 Unit 1902 2 bd / 2 ba
  • 2909 N Sheridan Unit 1902, Chicago, IL 60657
    Chicago

    2909 N Sheridan
    Unit 1902

    $360,000
    2 bed | 2 bath
    1 more available unit at this address
    $197,500 Unit 1606 1 bd / 1 ba
  • 2912 N Commonwealth Unit 10CD, Chicago, IL 60657
    Chicago

    2912 N Commonwealth
    Unit 10CD

    $1,275,000
    4 bed | 3½ bath
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551 W Melrose Unit 1E
Chicago, IL 60657

  • 2 Beds
  • 2 Baths
  • 1,600 Sq. Ft.
  • Built In 1920
551 W Melrose Unit 1E, Chicago, IL 60657
Price

$509,000

Est Payment
$3,706 / month (details)  
Taxes
$6,896  
Assessments
$433  
Beds
2  
Baths
2  
Rooms
6  
Type
Attached Single  
Sq. Ft.
1,600  
Built
1920  
Neighborhoods
Lakeview, Lakeview East  
MLS
#12382704
Status
Active (3 days)
  • New
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Property Description

Flooded with natural light and filled with charm, this oversized 2-bed + den, 2-bath home in East Lakeview offers the perfect blend of vintage elegance and modern updates-just one block from Nettelhorst Elementary and the lakefront. With nearly 1,600 square feet of living space, the sun-drenched layout features gleaming hardwood floors, elegant crown molding, and bay windows that pour in natural light. The kitchen features stainless steel appliances and a pantry closet. Two generous bedrooms include a primary suite with walk-in closet and ensuite bath. The flexible den is perfect for a playroom, nursery, or reading nook. Downstairs, a massive heated basement space (private to this unit) offers incredible versatility for a home office, art studio, gym, or all of the above. Parking is available for rent in the area. Just blocks from Belmont Harbor, the Lakefront Trail, CTA, and top dining. Well managed, pet and investor friendly building with 92% owner occupancy. Welcome to the best of city living!

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Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Hardwood
12X19
Dining Room
Main
Hardwood
12X8
Kitchen
Main
Hardwood
11X9
Family Room
N/A
Laundry
Basement
Other
8X10
Master Bedroom
Main
10X14
Bedroom 2
Main
10X13
Bedroom 3
N/A
Bedroom 4
N/A
Den
Main
10X7

Utilities

  • Heating Natural Gas, Steam
  • Cooling Wall Unit(s)
  • Water Lake Michigan
  • Sewer

Additional Information

Assessment Includes
Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Common Amenities
Bike Room/Bike Trails, Coin Laundry, Storage
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Pets Allowed
Cats OK, Dogs OK
Schools
District 299, Nettelhorst 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

06-03-2025 Listed at $509,000
Last Modified 6/3/25 11:46 AM
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Nearby Transportation

  • Bus 77 0.1 mi
  • Bus 151 0.1 mi
  • Bus 156 0.1 mi
  • Bus 36 0.1 mi
  • Bus 135 0.2 mi
  • Bus 146 0.2 mi
  • Bus 143 0.2 mi
  • Bus 134 0.2 mi
  • Bus 8 0.3 mi
  • Bus 22 0.3 mi
  • Bus 152 0.5 mi
  • Bus 76 0.5 mi
  • Bus 80 0.9 mi
  • Bus 148 1.0 mi
  • Bus 136 1.0 mi
  • Brown Line 0.5 mi
  • Purple Line 0.5 mi
  • Red Line 0.5 mi
  • ZipCar 0.1 mi
  • Maven 0.2 mi
  • I 90 West 2.1 mi
  • I 94 West 2.1 mi
  • I 90 East 2.1 mi
  • I 94 East 2.1 mi
  • I 290 East 4.4 mi
  • I 290 West 4.5 mi
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