1623 West Melrose #501, Chicago IL 60657
$900,000

Request Private Showing

Property Description

This expansive penthouse is located in the best Lakeview location and features a huge private terrace with outstanding space. Located in the former Citizens State Bank building, offering a unique blend of timeless history and the present. Amassing over 2000 square feet, the interior features three generous bedrooms, two full baths, and a chef's kitchen with high-end Wolf and Sub-Zero appliances. A sprawling, 1,300+ square-foot west-facing private terrace provides great space for outdoor entertaining and relaxation and adds to the living space in the warmer months. An oversized covered parking space is included in the price. You will be just steps from the vibrant dining, shopping, and entertainment including nearby Southport corridor, all while being quietly tucked away on Melrose in this beautiful, boutique elevator building.

Features & Information

Key Details

  • List Price $900,000
  • Property Taxes 13888.86
  • Unit Floor Level 5
  • Square Feet 2115
  • Price/ Sq. Ft. $425.53
  • Year Built 1920
  • Parking Type Garage
  • Status Contingent

Rooms

  • Total Rooms 6
  • Master Bedroom

  • Master Bath F
  • Room Size 16X12
  • Bedroom 2

  • Room Size 16X12
  • Floor Level Main Level
  • Flooring Hardwood
  • Bedroom 3

  • Room Size 12X10
  • Floor Level Main Level
  • Flooring Hardwood
  • Living Room

  • Room Size 25X24
  • Floor Level Main Level
  • Flooring Hardwood
  • Dining Room

  • Room Size COMBO
  • Floor Level Main Level
  • Flooring Hardwood
  • Kitchen

  • Room Size 18X12
  • Kitchen Type Eating Area-Breakfast Bar,Galley,Island,Pantry-Walk-in
  • Floor Level Main Level
  • Flooring Hardwood

Additional Rooms

  • Additional Room 1

  • Additional Room 1 Name Pantry
  • Additional Room Size 6X6
  • Additional Room Level Main Level
  • Additional Room Flooring Hardwood
  • Additional Room 2

  • Additional Room 2 Name Terrace
  • Additional Room Size 15X93
  • Additional Room Level Main Level
  • Additional Room Flooring Other

Interior Features

  • Appliances

  • Appliances Included Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator, Range Hood
  • Heating & Cooling

  • Heating Type Gas, Forced Air
  • Fireplace

  • # of Fireplaces 1
  • Type of Fireplace Gas Logs,Gas Starter

Exterior Features

  • Parking

  • Parking Garage
  • # of Cars 1
  • Garage Features Garage Door Opener(s),Heated

Building Information

  • Number of Units 9
  • Age of Building 100+ Years
  • Exterior Construction Brick,Glass
  • Common Area Amenities Elevator
  • Exposure N (North),S (South),W (West),City
  • Pets

  • Pets Allowed? Y
  • Pet Types Cats OK,Dogs OK

Location

  • County Cook
  • Township Lake View
  • Corporate Limits Chicago
  • Directions to Property Corner Of Lincoln And Melrose.
  • Schools

  • Elementary School District 299
  • School Name Burley Elementary School
  • Junior High District 299
  • School Name Burley Elementary School
  • High School District 299
  • School Name Lake View High School
  • Property Taxes

  • Tax 13888.86
  • Tax Year 2023
  • Parcel Identification Number 14194350481007

Utilities

  • Sewer Sewer-Publ

Listed by: @properties Christie's International Real Estate | Phone: 773.472.0200
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/21/2025 6:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Explore West Lakeview

A quaint neighborhood just north of Chicago’s bustling downtown, West Lakeview is a community with a rich history. Once home of one of the city’s largest shopping districts—including longtime area favorites Paulina Market and Dinkel’s Bakery—and business corridors along Lincoln and Southport Avenues, West Lakeview is a vibrant area drawing people from all over the city and suburbs. Many locals find car-free commuting a breeze, with West Lakeview well-served by a variety of public transportation options. This northside community offers an amazing range of shopping, dining, and entertainment options perfectly suited to every taste. West Lakeview is also home to several award-winning schools, including the highly regarded Burley and Blaine School Districts.

Mortgage Calculator

  • List Price${ formatCurrency(listPrice) }
  • Taxes${ formatCurrency(propertyTaxes) }
  • Assessments${ formatCurrency(assessments) }
  • List Price
  • Taxes
  • Assessments
${ formatCurrency(price) }
${ selectedInterestRate }%
${ downPaymentPercent }%

Estimated Monthly Payment

${ formatCurrency(monthlyTotal) } / month

  • Principal & Interest${ formatCurrency(monthlyPrincipal) }
  • Taxes${ formatCurrency(monthlyTaxes) }
  • Assessments${ formatCurrency(monthlyAssessments) }

All calculations are estimates for informational purposes only. Actual amounts may vary.

Ask a Question 1623 West Melrose #501, Chicago IL 60657

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Request a tour 1623 West Melrose #501, Chicago IL 60657

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Share this Listing