See Home Value
Chicago 60657 Lakeview
1430 W Melrose Street
$3,138,282*
House - Off Market

1430 W Melrose Street

Chicago, IL 60657
bedrooms
7 Beds
bathrooms
7 Baths
square feet
6200 Sqft
$2,835,000 - $3,465,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model
Sold Nov 08, 2023
$3,160,000
$2,528,000 by Gold Coast Bank
Mortgage Due Nov 01, 2053
Sold Apr 14, 2015
$802,000
$546,700 by Countryside Bank
Mortgage Due Apr 06, 2016

About This Property

Impressive newer construction 7 bedroom (including 4 bedrooms on the 2nd level) 4.3 bathroom SFH situated on a rare 33 foot wide lot with sizable 32x20 heated rear patio/yard in the heart of the Southport Corridor and coveted Burley School District. This warm, modern home filled with sunlight features soaring ceiling height and the highest quality finishes including custom moldings and built-ins throughout. This 26 foot wide interior layout creates and ideal floor plan built for entertaining including a separate foyer, living room with striking fireplace, large dining room that leads to a butlers pantry and gourmet kitchen with massive island, dual dishwashers, custom cabinets, commercial grade appliances including 60" Wolf range, Subzero, walk-in pantry and eat in kitchen space. All open to an oversized family room with custom fireplace and additional built-ins. The bedroom level features a stunning primary suite with sitting room and massive walk-in closet, marble bathroom with separate vanities, oversized steam shower and soaking tub. 3 additional bedrooms with attached bathrooms and a built-out laundry room compete this level. The unique top floor boasts a large recreation area complete with wet bar/kitchen, powder room, and expansive outdoor area with custom pergola, multiple decks, fireplace, and turf sitting area. The lower level boasts incredible ceiling heights and radiant heat throughout, large family room with wet bar and temperature controlled wine cellar, additional laundry area, 3 additional bedrooms (one currently a built-out gym) and 1.5 baths. The rear entry on the main level features a generous mudroom leading to the heated patio/yard area as well as an oversized, heated 3 car garage with additional storage. Within walking distance to all the Southport Corridor has to offer, including parks, restaurants, shops and transportation.

The manager has listed the unit size as 6200 square feet.
Unit Size
6,200Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$508
Property Type
House
Property Taxes
$4,512
HOA Dues
-
Year Built
2016

Price History

Date / Event Date Event Price
Nov 8, 2023 Sold to Amanda Boruff, Scott Boruff $3,160,000
Sold to Amanda Boruff, Scott Boruff
Oct 28, 2023 No longer available -
No longer available
Aug 1, 2023 In contract -
In contract
Jul 26, 2023 No longer available -
No longer available
Jul 24, 2023 Listed $3,150,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 4,166
  • Total Building Area: 4,233
  • Gross Building Area: 4,233
  • Building Area: 4,233
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,233
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WISNERS SUB
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALBERT (WISNERS) SUB SEC 20-40-14

Ownership

  • Current Owner : BORUFF SCOTT
  • Current Owner 2: BORUFF AMANDA
  • Previous Owner : PARIS JAMES
  • Previous Owner 2: PARIS KARIN
  • Owner Before Previous Owner: B & V HOLDINGS SERIES LLC 1430
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062400

Zoning

  • Zoning: RT-3.5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Parcel: 14-20-325-030-0000
  • Lot: 41,42
  • Municipality: LAKE VIEW
  • Latitude: 41.9409
  • Longitude: -87.6651

    Address

  • Full Address: 1430 W Melrose St
  • Address - House Number: 1430
  • Street Direction: W
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C072
  • 4-Digit Zip Code: 2116
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $48,639
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 2,603,034
  • High Value: 3,076,079
  • Low Value: 2,129,989

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,528,000
  • First Open Lien Mortgage Lender: GOLD COAST BANK
  • First Open Lien Mortgage Recording Date: Nov 08, 2023
  • First Open Lien Mortgage Loan Amount: $2,528,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $2,398,950
  • Market Land Value: $624,900
  • Market Improvement Value: $1,774,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,895
  • Assessed Land Value: $62,490
  • Assessed Improvements Value: $177,405

    Sales

  • Current Sale Contract Date: Oct 18, 2023
  • Current Sale Recording Date: Nov 08, 2023
  • Current Sale Transaction ID: 11915651088
  • Current Sale Price: $3,160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 46033
  • Previous Sale Recording Date: Apr 14, 2015
  • Previous Sale Contract Date: Apr 09, 2015
  • Previous Sale Amount: $802,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLD COAST BANK
  • First Mortgage Transaction Date: Nov 08, 2023
  • First Mortgage Loan Amount: $2,528,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYSIDE BANK
  • Previous Mortgage Transaction Date: Apr 14, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $546,700
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 06, 2016



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
7 Baths
7,800 ft²
$384/ft²
$2,995,000 Jun 22, 2023
-
$4,775/mo
Land
Loft
-
-
$3,600,000 Jan 3, 2023
-
$50/mo

About North Side


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Frequently Asked Questions

When was property at 1430 West Melrose Street built and last sold?
The property at 1430 West Melrose Street was built in 2016 and last sold on Oct 18, 2023 for $3,160,000.
How much is this home worth?
The estimated value of the home located at 1430 West Melrose Street is $3,181,500.
What are some comparable homes to 1430 West Melrose Street?
Homes that are comparable to 1430 West Melrose Street include a house property at 3828 North Janssen Avenue, a land property at 1236 West Melrose Street, which are both great to check out.

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