461 W Melrose Street, Chicago, IL

$2,730,000

Overview

  • 516846
  • Property ID
  • Updated On:
  • April 26, 2026
  • 6
  • Bedrooms
  • 5
  • Bathrooms
  • 5,246 ft2
  • Property Size

Description

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.

Bathrooms
3+
Bedrooms
5+
Climate Control
Air Conditioning
Heating
Floor Area
3,000+ sqft
Garden
Yes
Other Features
Bar Fridge
Brick
Built-in Features
Central Air
CO Detectors
Concrete
Cooktop
Deck
Dishwasher
Double Oven
Driveway
Dryer
Electric
Elevator
Fenced
Forced Air
Hardwood
High End Refrigerator
Humidifier
Lake Michigan
Laundry Closet
Lighting
Microwave
Natural Gas
Oven
Oversized
Owned
Patio
Public
Public Sewer
Radiant Floor
Range
Range Hood
Security Cameras
Security System
Shared Laundry
Sidewalks
Skylight(s)
Stainless Steel Appliance(s)
Storage
Street Lights
Sump Pump
TV-Cable
Walk-In Closet(s)
Washer
Water Heater-Gas
Wine Refrigerator
Zoned

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$13,997.25
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 10,584.75

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Information for the property at 461 W Melrose Street, Chicago, IL, 60657 (Property ID: 516846) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi