See Home Value
Chicago 60657 Lakeview
1323 West Melrose Street
$2,625,921*
House - Off Market

1323 West Melrose Street

CHICAGO, IL 60657
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5000 Sqft
$1,602,000 - $1,958,000
Reference Base Price*
47.52%
Since Jun 1, 2019
National-US
Primary Model
Sold Apr 21, 2022
$1,823,000
$1,367,250 by Usalliance Federal Credit Unio
Mortgage Due May 01, 2052
Sold May 24, 2019
$1,707,500
$1,280,625 by Fifth Third Bank
Mortgage Due Jun 01, 2049

About This Property

A true masterpiece in Burley SD on a desirable tree-lined street! Recently updated w/ design-forward finishes throughout, this brick + limestone home features an open floor plan w/ soaring ceilings, 6 beds, 4.5 baths, 2 family rooms, a rec room & 5 professionally designed/landscaped outdoor spaces! Dark wood floors offset the neutrally painted walls + modern custom millwork throughout. The all-white kitchen is equally beautiful + functional w/ eat-in island, room for in-kitchen dining table, high-end SS appliances + marble counters/backsplash. From the family room off kitchen, walk out to a gorgeous terrace + onto connected garage rooftop. The upstairs showcases 4 large bedrooms + rec room w/ vaulted ceilings, wet bar + access to roof deck. Relax in the master suite w/ a fireplace seating area, marble bath + 3 organized closets. For casual lounging, head to the recently remodeled lower level family room complete w/ 2 seating areas, a fireplace & wet bar. In Burley SD & Margaret D Park.

The manager has listed the unit size as 5000 square feet.
Unit Size
5,000Ft²
Days on Market
-
Land Size
-
Price per sqft
$356
Property Type
House
Property Taxes
$34,173
HOA Dues
-
Year Built
2004

Price History

Date / Event Date Event Price
Apr 21, 2022 Sold to Emily Vermylen, Michael Ver... $1,823,000
Sold to Emily Vermylen, Michael Ver...
May 10, 2019 No longer available -
No longer available
Feb 13, 2019 Listed $1,780,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,050
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,528
  • Gross Building Area: 3,528
  • Building Area: 3,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,528
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOUDYS SUB
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WM J (GOUDYS) SUB SEC 20-40-14

Ownership

  • Current Owner : VERMYLEN EMILY
  • Current Owner 2: VERMYLEN MICHAEL
  • Previous Owner : SHIMUL LAHOTI LIVING TRUST
  • Owner Before Previous Owner: TIMKO ANDREW
  • Owner Before Previous Owner 2: TIMKO CHERYL C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062300

Zoning

  • Zoning: RT-3.5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-20-330-013-0000
  • Block: 4
  • Lot: 38
  • Meridian: SEC 20 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9405
  • Longitude: -87.6624

    Address

  • Full Address: 1323 W Melrose St
  • Address - House Number: 1323
  • Street Direction: W
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C028
  • 4-Digit Zip Code: 3219
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,817
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 1,941,410
  • High Value: 2,328,541
  • Low Value: 1,554,279

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,367,250
  • First Open Lien Mortgage Lender: USALLIANCE FEDERAL CREDIT UNIO
  • First Open Lien Mortgage Recording Date: Apr 21, 2022
  • First Open Lien Mortgage Loan Amount: $1,367,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $1,790,000
  • Market Land Value: $457,500
  • Market Improvement Value: $1,332,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,000
  • Assessed Land Value: $45,750
  • Assessed Improvements Value: $133,250

    Sales

  • Current Sale Contract Date: Apr 13, 2022
  • Current Sale Recording Date: Apr 21, 2022
  • Current Sale Transaction ID: 11905310223
  • Current Sale Price: $1,823,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 13104
  • Previous Sale Recording Date: May 24, 2019
  • Previous Sale Contract Date: May 08, 2019
  • Previous Sale Amount: $1,707,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USALLIANCE FEDERAL CREDIT UNIO
  • First Mortgage Transaction Date: Apr 21, 2022
  • First Mortgage Loan Amount: $1,367,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD BANK
  • Previous Mortgage Transaction Date: May 24, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,280,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
4.5 Baths
5,500 ft²
$345/ft²
$1,899,000 Feb 23, 2023
-
$2,568/mo
House
6 Beds
3.5 Baths
4,200 ft²
$381/ft²
$1,599,900 Mar 14, 2023
-
$1,240/mo
House
5 Beds
3.5 Baths
4,300 ft²
$413/ft²
$1,775,000 Mar 1, 2023
-
$2,491/mo
House
5 Beds
6 Baths
4,650 ft²
$430/ft²
$1,999,900 Mar 16, 2023
-
$100/mo
House
5 Beds
6 Baths
4,650 ft²
$430/ft²
$1,999,900 Jan 11, 2023
-
$100/mo
House
5 Beds
3.5 Baths
4,200 ft²
$417/ft²
$1,750,000 Mar 15, 2023
-
$2,575/mo
House
5 Beds
5.5 Baths
4,600 ft²
$424/ft²
$1,950,000 Feb 15, 2023
-
$1,341/mo
House
3 Beds
3.5 Baths
-
$1,550,000 Jan 30, 2023
-
$1,720/mo
House
3 Beds
3 Baths
-
$1,500,000 Jan 3, 2023
-
$1,623/mo
House
4 Beds
4.5 Baths
-
$1,925,000 Aug 30, 2022
-
-
Multifamily
8 Beds
-
-
$1,724,000 Mar 21, 2023
-
$2,178/mo
Commercial
Loft
-
-
$1,750,000 Dec 8, 2022
-
$1,545/mo

About North Side


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Nearby Rentals

Unit for rent at

$4,125 /mo

  • Loft
  • 2 Baths
  • 1,748 ft²
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  • 2 Baths
Listing by John Corry
Unit for rent at

$3,950 /mo

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  • 2 Baths
  • 1,308 ft²
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Frequently Asked Questions

When was property at 1323 West Melrose Street built and last sold?
The property at 1323 West Melrose Street was built in 2004 and last sold on Apr 13, 2022 for $1,823,000.
How much is this home worth?
The estimated value of the home located at 1323 West Melrose Street is $1,797,800.
What are some comparable homes to 1323 West Melrose Street?
There are currently no comparable homes to 1323 West Melrose Street.

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