See Home Value
Chicago 60657 Lakeview
1510 West MELROSE Street
$1,947,033*
House - Off Market

1510 West MELROSE Street

Chicago, IL 60657
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5100 Sqft
$1,557,000 - $1,903,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jul 22, 2021
$1,730,000
$1,384,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2051
Sold Apr 15, 2005
$1,600,000
$999,975 by Chicago Financial Services Inc
Mortgage Due May 01, 2035

About This Property

Gorgeously renovated extra-wide 6 bed / 4.1 bath single family home on tree-lined melrose within walking distance to the heart of the Southport Corridor and ideally situated in the top rated burley school district. This four level oversized home was just remodeled by acclaimed Bloomfield Development with new construction finishes throughout including gorgeous white custom kitchen with commercial grade appliances and quartz countertops, new bathrooms featuring marble finishes, new trim and freshly stained flooring. The extra width in the floor plan offers expansive room sizes on all levels, including a huge living/dining room and large kitchen with built-in desk and family room with new custom built-ins overlooking back patio. The 2nd floor offers a large primary suite with gorgeous new bathroom, dual walk-in closets and patio. The top floor offers an additional bedroom, full bath, rec room and two large decks. The ll features radiant heat, large family room and 2 additional bedrooms with full bathroom and massive utility room. 2 car garage with deck.

The manager has listed the unit size as 5100 square feet.
Unit Size
5,100Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$339
Property Type
House
Property Taxes
$30,895
HOA Dues
-
Year Built
2005

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jul 22, 2021 Sold to Andrea N Lee, Daniel W Linn... $1,730,000
Sold to Andrea N Lee, Daniel W Linn...
Jun 8, 2021 In contract -
In contract
Jun 2, 2021 Price Decreased $1,730,000
↓ $45K (2.5%)
Price Decreased
Apr 29, 2021 Listed $1,775,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • 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: Tar and gravel
  • Floor Count: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 3,910
  • Gross Building Area: 3,910
  • Building Area: 3,910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,910
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEMNITZ & WOLFFS
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KEMNITZ) & (WOLFFS) SUB SEC 20-40-14

Ownership

  • Current Owner : LINNA DANIEL W
  • Current Owner 2: LEE ANDREA N
  • Previous Owner : ROSE JUSTIN R
  • Previous Owner 2: ROSE SEASONNE
  • Owner Before Previous Owner: CHERRY HILL LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Zoning

  • Zoning: RT-3.5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-20-324-039-0000
  • Lot: 45
  • Meridian: SEC 20 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9409
  • Longitude: -87.6668

    Address

  • Full Address: 1510 W Melrose St
  • Address - House Number: 1510
  • Street Direction: W
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C072
  • 4-Digit Zip Code: 2118
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,377
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 1,972,581
  • High Value: 2,365,928
  • Low Value: 1,579,235

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,384,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 22, 2021
  • First Open Lien Mortgage Loan Amount: $1,384,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $1,720,000
  • Market Land Value: $468,750
  • Market Improvement Value: $1,251,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,000
  • Assessed Land Value: $46,875
  • Assessed Improvements Value: $125,125

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Transaction ID: 11844832261
  • Current Sale Price: $1,730,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2120320449
  • Previous Sale Recording Date: Apr 15, 2005
  • Previous Sale Contract Date: Apr 01, 2005
  • Previous Sale Amount: $1,600,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 22, 2021
  • First Mortgage Loan Amount: $1,384,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CHICAGO FINANCIAL SERVICES INC
  • Previous Mortgage Transaction Date: Apr 15, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $999,975
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2035



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
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 Jan 11, 2023
-
$100/mo
House
5 Beds
4.5 Baths
4,026 ft²
$355/ft²
$1,429,000 Feb 27, 2023
-
$1,999/mo
House
5 Beds
5.5 Baths
4,600 ft²
$424/ft²
$1,950,000 Feb 15, 2023
-
$1,341/mo
Multifamily
7 Beds
-
-
$1,750,000 Jan 23, 2023
-
$2,072/mo
House
4 Beds
4.5 Baths
-
$1,925,000 Aug 30, 2022
-
-
Commercial
Loft
-
-
$1,750,000 Dec 8, 2022
-
$1,545/mo
Multifamily
10 Beds
-
-
$1,500,000 Nov 21, 2022
-
$2,430/mo
Land
Loft
-
-
$1,599,900 Jan 3, 2023
-
$50/mo
Commercial
Loft
-
-
$1,495,000 Feb 22, 2023
-
$1,856/mo
Multifamily
13 Beds
-
-
$1,395,000 Feb 24, 2023
-
$1,708/mo

About North Side


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Frequently Asked Questions

When was property at 1510 West Melrose Street built and last sold?
The property at 1510 West Melrose Street was built in 2005 and last sold on Jun 23, 2021 for $1,730,000.
How much is this home worth?
The estimated value of the home located at 1510 West Melrose Street is $1,750,477.
What are some comparable homes to 1510 West Melrose Street?
There are currently no comparable homes to 1510 West Melrose Street.

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