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Backup Offers

421 W Melrose St Unit 16A, Chicago, IL, 60657

$229,000

Home List Price

$2,719*

Closing Credit

1 Bedroom
1 Full Bath
1,329 SqFt
$172/SqFt
Condo

Location

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421 W Melrose St Unit 16A, Chicago$229,000

Buyer Closing Credits

$2,719*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage1 space
Year Built1927
HeatingNatural Gas, Radiant
CoolingNone
MLS #12184979
StatusAccepting Backup Offers
(Contingent)

About 421 W Melrose St Unit 16A

INCREDIBLE SPACE & VALUE IN EAST LAKEVIEW! FIRST TIME ON MARKET IN OVER 50 YEARS!! MINT CONDITION, ELEGANT VINTAGE ONE BEDROOM IN A CLASSIC, FULL SERVICE, ART DECO HIGH-RISE!!! "THE EDDYSTONE" building was meticulously constructed right before the 1929 Stock Market Crash with the finest materials and highest level of craftmanship by the architects of some of the city's most beloved buildings. No two units are the same! There are only 2 units per floor...except on this floor, the unit across the hall from 16A was combined with another unit so you have a rare, private terrazzo floor lobby entry for your condo ONLY when you step off the elevator for true PRIVACY! The almost 18' long entrance foyer to this unit will blow you away with it's 9'+ barrel vaulted ceiling, arched doorways, gorgeous original oak herringbone hardwood floors and stunning mid-century style chandelier! Hope you have huge art or always wanted to do a gallery wall because there is TONS OF WALL SPACE for your collection! Truly turnkey condition with freshly painted warm nuetral plaster walls with incredible original wide crown molding and trim everywhere! Unbelievably stunning newly refinished herringbone oak hardwood floors in ALL ROOMS! Grand, graciously scaled living room has tall bay windows with peekaboo east facing views of lake and Belmont Harbor! The large dining room was opened up to the kitchen with a peninsula breakfast bar. Solid wood cabinets, stainless steel appliances and pretty granite countertops with full slab matching backsplash and under cabinet lighting. Lovely south and west cityscape views from this high floor, corner unit give you year round sunsets and Wrigley Field lights at night from the dining room, kitchen and bedroom. King size bedroom has walk-in closet and even original safe! Small hallway off bedroom leads to the updated bath with Sloan valve plumbing, soaking tub with window and retro gold fixtures! All of the windows were replaced with high-end Anderson period appropriate high-efficiency, thermopane windows at a cost of 55K!!! The owner of 16A LOVED hosting dinner parties & music events in this beautiful home and walking, biking, sailing and even cross-country skiiing on the golf course in winter! Easy access downtown with express buses around the corner. Truly perfect walking location to E. Lakeview's cafes, shops and restaurants. Well run, professionally managed association with full-time staff including maintenance and a 24- hour doorman, a first-floor gym, separate storage, and a bike room. Newly renovated sundeck with panoramic lake and city views + eating areas, common area grills and lounge seating. Rental parking available directly behind the building at 3200 N Lakeshore.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 19
  • Living Area: 1,329 SqFt

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (847) 763-0200
  • Listing Agent: Karl Vogel

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: No
  • Interior: Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, Storage, Built-in Features, Walk-In Closet(s), Ceiling - 9 Foot, Historic/Period Mlwk, Special Millwork, Granite Counters, Replacement Windows

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Roof Deck, Outdoor Grill, End Unit

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: Just west of Lake Shore and Melrose. 15 min "Loading Zone" in front or across the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,000
  • Price Per SqFt: $172/SqFt

HOA Fees:

  • Amount: $1620
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

421 W Melrose St Unit 16A vs Chicago

72 DAYS ON ROCKET

+39 Days

$229,000

-$134.9K Less

$172/SqFt

-$89 Less

KEY TAKEAWAY

This property is $134.9K less than the Median Sold Price and $89/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12184979

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (847) 763-0200
  • Listing Agent: Karl Vogel

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:16:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-958696
9
/10

  • Skinner Elementary School

  • 111 S Throop St

  • 2.35 miles

  • Public District Grades PK-5

school-card-donut-958697
4
/10

  • Henry Elementary School

  • 4250 N Saint Louis Ave

  • 4.06 miles

  • Public District Grades PK-6

school-card-donut-958698
5
/10

  • Hibbard Elementary School

  • 3244 W Ainslie St

  • 4.15 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,667. The majority of Chicago, IL residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 421 W Melrose St Unit 16A

What is the listing price of this property?

The listing price of 421 W Melrose St Unit 16A property is $229,000.

What type of property is this?

The property 421 W Melrose St Unit 16A is a condo located in Chicago, Illinois, 60657.

Is this property for sale now?

Accepting Backup Offers: 421 W Melrose St Unit 16A is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 421 W Melrose St Unit 16A has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 421 W Melrose St Unit 16A is 1,329 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 421 W Melrose St Unit 16A is 1927.

Rocket Homes›Illinois›Cook County›Chicago›60657›421 W Melrose St Unit 16A

This home is located at 421 W Melrose St Unit 16A in Chicago, IL and zip code 60657 in the Lakeview East neighborhood. This 1,329 square foot home was built in 1927. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $229,000.

Over 521 listings were sold over their listed price in November 2024 in Chicago, IL. In the same period over 845 listings were sold below the listed price and 254 listings were sold for the listed price. The number of homes for sale in Chicago, IL increased by 2.1% between October 2024 and November 2024. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $363,936.

From Rocket Homes Real Estate and based on county public records data.

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