1516 W Melrose Street
Chicago, IL 60657
- 5 beds
- 5 baths
- 5,100 sqft
- 3,123 sqft lot
- $441 per sqft
- 2005 build
- – on site
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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.
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Last updated Apr 18, 2025
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MLS# 12308038 —
The Building
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Year Built:2005
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick, Limestone
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Architectural Style:Traditional
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Roof:Rubber
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Basement:Finished, Full, Daylight
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Foundation Details:Concrete Perimeter
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Exterior Features:Roof Deck
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Patio And Porch Features:Deck, Patio
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Disability Access:No
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Other Equipment:TV-Cable, Security System, Intercom, Fire Sprinklers, CO Detectors, Sump Pump
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Living Area Source:Estimated
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Window Features:Skylight(s)
Interior
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Room Type:Other Room, Terrace, Deck, Recreation Room, Balcony/Porch/Lanai, Bedroom 5
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Rooms Total:10
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Interior Features:Wet Bar, Walk-In Closet(s)
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Fireplaces Total:4
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Fireplace Features:Wood Burning, Gas Starter
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Fireplace Location:Family Room,Living Room,Master Bedroom,Basement
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Laundry Features:In Unit
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Flooring:Hardwood
Room Dimensions
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Living Area:5100
Location
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Directions:Belmont to Southport (1400 W). Southport north to Melrose. Melrose is a one way going west.
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Location:85774
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Location:87123
The Property
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Parcel Number:14203240370000
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Property Type:Residential
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Lot Features:Landscaped
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Lot Size Dimensions:25 X 125
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Lot Size Acres:0.0717
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Rural:N
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 848-7787
- Office phone:
- (773) 472-0200
Taxes
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Tax Year:2023
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Tax Annual Amount:35590.84
Beds
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Bedrooms Total:5
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Bedrooms Possible:5
Baths
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Baths:5
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Full Baths:4
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Half Baths:1
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Natural Gas, Forced Air, Radiant, Radiant Floor
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Cooling:Central Air, Zoned
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan, Public
Appliances
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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
Schools
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Elementary School:Burley Elementary School
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Elementary School District:299
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Middle Or Junior School:Burley Elementary School
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Middle Or Junior School District:299
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High School:Lake View High School
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High School District:299
The Community
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Community Features:Gated
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2.5
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Parking Features:Garage Door Opener, On Site, Garage Owned, Detached, Garage
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Garage Spaces:2.5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/16/25
Apr 16, 2025
|
Sold | MRED | $2,250,000 | -4.3% |
|
4/1/25
Apr 1, 2025
|
Pending | MRED | $2,350,000 | |
|
3/18/25
Mar 18, 2025
|
Sold Subject To Contingencies | MRED | $2,350,000 |
