627 W Melrose Street Chicago, IL $ 2,499,000
627 W Melrose Street
$ 2,499,000
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627 W Melrose Street

Chicago, IL, 60657
$ 2,499,000
Bedrooms8 Baths7.1 Sq 6,000

Monthly Estimate*

$ 16,609

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Single Family Home for sale in Chicago, IL

for $2,499,000 with 8 bedrooms and 7 full baths, 1 half bath. This 6,000 square foot home was built in 1895.

Cozy Urban Retreat in the Heart of Lakeview! Nestled in the vibrant East Lakeview neighborhood of Chicago, this charming Historic 125-year-old Brick Victorian offers a unique blend of urban convenience and tranquil living. With its prime location, an extra wide/deep 37.5X157 lot and thoughtfully designed spaces, this 4-level home presents an exceptional opportunity to experience the best of city living. The residence exudes timeless elegance with its blend of vintage details which have been painstakingly restored and updated. This 6000+ sqft of living space with 8+ bedrooms and 7.1 bathrooms home has custom trim details, plaster moldings and stained glass/leaded beveled edge windows throughout to create an inviting atmosphere throughout. As you approach the home you will find the large covered front porch inviting you into the formal double door wood paneled vestibule. On the 1st level you will find a formal front parlor room with stunning leaded beveled edge and stained glass windows, tall coved ceilings, ornate gas fireplace with beautifully detailed wood-mirrored mantle and stone/tiled hearth and original pocket doors that open into the large living room. The grand living room has tall coffered ceilings featuring magnificent plaster moldings with intricate details, wood paneled walls, portrait lighting/wall sconces, stunning leaded beveled edge glass bay window, gas fireplace with wood/tiled mantle and hearth with custom built-in cabinetry and leaded glass windows. The living room also has the original pocket doors leading into the formal dining room. The dining room has leaded beveled edge glass windows, coved ceilings, portrait lighting/wall sconces, wood paneled walls with custom built-in cabinetry and elegant built-in hutch with buffet. The well-appointed modern eat-in kitchen features high end Wolf, Sub Zero, Miele appliances, ample storage in the substantial custom cabinets and butler's pantry and a convenient layout that makes cooking a pleasure. Whether you're preparing a gourmet meal or a quick snack, this kitchen caters to your culinary needs. The 2nd level has 4+ bedrooms, 3 full baths and full-size laundry room with kitchenette. The 3rd level has an additional 3+ bedrooms, 2 baths and kitchen, ideal for additional living arrangement. Throughout the home are gleaming hardwood floors which have been restored to full beauty. Enter the fully finished basement and be amazed by the space, finishes and functionality. The basement features a large recreation room with gas fireplace, 2 full baths, exercise room and large bonus/storage room with extra refrigerator and sink. Hotwater radiant heat and Zoned Central AC thru-out the home. Step outside to your private outdoor space - a serene oasis in the heart of the city. Whether you're enjoying a morning coffee or unwinding in the evening breeze, this area is perfect for relaxation. Enjoy the large, covered porch off the rear of the kitchen which leads out to a lovely private garden and the rare side yard with blue stone path to front side drive with gated parking pad. In the rear of the property is a coach house which has a 3 car heated garage with a lower level 3500 bottle climate controlled wine cellar below and a 2 bedroom, 1 bath living space above. The coach house living space is ideal for a Live-in Nanny, Extended family or Additional rental income as its currently rented for $2,090 a month. There is additional parking pad next to garage currently used by the coach house tenant. Access to public transportation and major thoroughfares ensures easy mobility around the city. Walk to parks, lake, nightlife and shopping. This is more than a home; it's a lifestyle opportunity in one of Chicago's most desirable neighborhoods. Don't miss your chance to make 627 Melrose your urban retreat. Schedule a viewing today and experience it for yourself.

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Single Family Active

Price

$ 2,499,000

Bedrooms

8

Full Bath

7

Half Bath

1

Property Type

Single Family

Taxes

$ 39,612

Style

Victorian

Year Built

1895

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11901348

Features
General
Sewer Public Sewer
Heating Natural Gas Steam Radiant
Cooling Central Air Zoned
Possession Negotiable
Roof Slate
Appliances Range Microwave Dishwasher Refrigerator Wine Refrigerator Range Hood
Exterior Features Deck
Garage Spaces 3
Association Fee Includes None
Architectural Style Victorian
Year Built 1895
Electric 200+ Amp Service
Township Lake View
Tax Year 2022
Percent Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 16
Status Active
Directions Broadway North of Belmont to Melrose Go left/West on Melrose to 627.
High School Lake View High School
City Chicago
High School District 299
MLS Area CHI - Lake View
Waterfront Y/N N
Street Name Melrose
Elementary School Nettelhorst Elementary School
Tax Annual Amount 39612.68
Middle/Junior High School Nettelhorst Elementary School
Additional Parcels Y/N N
Days on Market 55
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full English Finished
Total Fireplaces 4
Full Baths 7
Half Baths 1
Street Suffix Street
Laundry Features Sink
Total Bedrooms 8
Room Type Bedroom 5 Bedroom 6 Bedroom 7 Bedroom 8 Office Recreation Room Sitting Room Exercise Room Heated Sun Room Foyer
Total Baths 8
Bedrooms Possible 8
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Exterior
Parking Features Side Apron
Water Source Lake Michigan
Total Parking 6
Lot Dimensions 37.5X157
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick
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* Excluded Features
List By
Coldwell Banker Realty

Broker

mickbss@aol.com

Email

Affordability Calculator

$19,910
Per Month
83%
17%
0%
Monthly Principal & Interest
$16,609
Monthly Property Taxes
$3,301
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
568142 Elementary School
568142 Middle School
Lake View High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2024$2,499,000 -10.72% Price Down
2/12/2024$2,799,000 Listed Price

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627 W Melrose Street, Chicago, IL, 60657 is a Single Family Home for sale at $2,499,000 with 6,000 sqft. 627 W Melrose Street has 8 bedrooms, 7.1 baths, and was built in 1895. The property's zip code is 60657 which is in Chicago, IL