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The Eddystone

The Eddystone

The Eddystone
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

421 W Melrose St
Chicago, IL 60657
77 Units
22 Stories
1929 Year Built
$152K - $1.1M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Doorman
  • Nettelhorst Elementary School Rated A-
  • Water Views
  • Fitness Center
  • Elevator
  • Rooftop Deck

Historic elegance meets modern living in East Lakeview

The Eddystone, a distinguished 22-story condominium building, stands as a testament to Chicago's architectural heritage. Completed in 1929, this pre-war gem houses 77 units and offers residents a blend of vintage charm and contemporary comfort. Located in the vibrant East Lakeview neighborhood, The Eddystone provides easy access to the lakefront, parks, and a diverse array of urban amenities. The building's enduring presence, just steps from Belmont Harbor, places residents at the heart of one of Chicago's most desirable residential areas, where the energy of city life meets the tranquility of lakeside living.

Spacious layouts with classic details and modern updates

The Eddystone offers a range of floor plans to suit various lifestyles, from cozy one-bedrooms to expansive five-bedroom residences. One-bedroom units span 900 to 1,300 square feet, with prices ranging from $275,347 to $369,314. These homes often feature charming details like herringbone hardwood floors and high ceilings, creating an air of vintage sophistication. Two-bedroom units, ranging from 1,050 to 2,460 square feet, are priced between $295,000 and $365,000. Many of these residences boast elegant touches such as decorative fireplaces and formal dining rooms, perfect for entertaining. For those seeking more space, three-bedroom units offer 1,500 to 4,000 square feet of living area, with prices from $369,000 to $499,999. These larger homes often include features like bay windows, providing stunning views of the cityscape and Belmont Harbor. The most expansive options are the four- and five-bedroom units. Four-bedroom residences range from 3,000 to 3,600 square feet, while five-bedroom units span an impressive 4,090 to 4,900 square feet, with prices reaching up to $695,532. These grand homes frequently showcase extensive renovations, blending original architectural elements with modern luxuries such as updated kitchens featuring quartz countertops and high-end appliances. Many units throughout The Eddystone have been thoughtfully updated while preserving their vintage character. Residents can expect to find a mix of classic features like crown molding and arched doorways alongside contemporary amenities such as in-unit washers and dryers. Some homes offer stunning lake views, while others provide picturesque vistas of the Chicago skyline. Monthly HOA fees range from $900 to $1,900, covering heat, water, gas, insurance, security, doorman services, cable TV, exercise facilities, exterior maintenance, lawn care, scavenger services, snow removal, and internet. This comprehensive package allows residents to enjoy a worry-free lifestyle in this historic building.

Full-service living with modern conveniences

The Eddystone offers a range of amenities designed to enhance residents' daily lives. The building's newly renovated rooftop deck provides a perfect spot for relaxation and socializing, complete with grills for outdoor cooking and lounge areas that showcase breathtaking views of the city and Lake Michigan. For fitness enthusiasts, the on-site gym and sauna offer convenient options for maintaining an active lifestyle without leaving the building. The fitness center is equipped with modern exercise machines, allowing residents to stick to their workout routines year-round. The Eddystone caters to the needs of its diverse community with thoughtful amenities such as a bike room for cycling enthusiasts and separate storage units for residents who need extra space. The building also features a unique woodworking and craft room, providing a creative outlet for hobbyists and DIY enthusiasts. Security and convenience are prioritized at The Eddystone, with 24-hour door staff ensuring a safe environment and assisting with package handling. The on-site maintenance team and engineer promptly address any building-related concerns, contributing to a smooth-running, well-maintained living environment. For those who enjoy outdoor activities, the building's pet-friendly policy allows residents to share their homes with furry companions, perfect for walks along the nearby lakefront path. The common laundry room supplements in-unit laundry facilities, offering additional convenience for residents. These thoughtfully curated amenities, combined with the building's historic charm, create a living experience that balances modern comfort with the character of a bygone era.

Lakeside living in a vibrant urban setting

The Eddystone's location in East Lakeview places residents at the center of one of Chicago's most dynamic neighborhoods. This area seamlessly blends urban convenience with natural beauty, offering a diverse array of experiences just steps from the front door. Belmont Harbor, a short walk away, serves as a picturesque backdrop for morning jogs or evening strolls. The expansive Lincoln Park, with its zoo, conservatory, and numerous recreational facilities, is within easy reach, providing a green oasis in the heart of the city. Food enthusiasts will appreciate the neighborhood's eclectic dining scene. Stella's Diner, a casual corner eatery just a 10-minute walk away, offers classic American fare in a colorful setting. For those craving international flavors, Buena Vista Restaurant, also a 10-minute walk, serves up simple Mexican dishes in a family-owned spot with a bring-your-own-alcohol policy. Shopping options abound in the area. Trader Joe's and Whole Foods Market, both about a 20-minute walk from The Eddystone, cater to various grocery needs. For everyday essentials, Belmont Harbor Market is conveniently located just five minutes away on foot. Fashion-conscious residents will appreciate the proximity to stores like Marshalls and Target, both within a 15-minute walk, offering a mix of brand-name clothing and home goods. The neighborhood is also home to several parks that contribute to its community feel. The AIDS Garden Chicago, a 10-minute walk away, serves as a poignant memorial with its iconic Keith Haring sculpture. Gill Park, about a mile from The Eddystone, offers an indoor pool, fitness center, and outdoor sports areas, providing year-round recreational opportunities for residents of all ages. East Lakeview's vibrant cultural scene is evident in its numerous entertainment options. The area hosts several annual events, including the Lakeview East Festival of the Arts and the Chicago Pride Parade, one of the city's largest celebrations that draws over a million attendees each year. For families with children, the neighborhood is served by well-regarded schools. Nettelhorst Elementary School, just a five-minute walk from The Eddystone, has received high ratings from educational review sites. Lake View High School, a short drive away, offers a range of academic programs and extracurricular activities. This mix of natural beauty, urban amenities, and strong community spirit makes East Lakeview an ideal setting for The Eddystone, offering residents a truly balanced Chicago lifestyle.

Well-connected with multiple transit options

The Eddystone's location in East Lakeview provides residents with excellent transportation options, making it easy to navigate the city and beyond. The area's robust public transit network ensures that car ownership is optional for many residents. Chicago Transit Authority (CTA) buses are readily accessible, with several stops within a five-minute walk of the building. The Inner Lake Shore Drive & Belmont stop, less than a quarter-mile away, serves multiple lines including the Clarendon/LaSalle Express and the Inner Lake Shore/Michigan Express. These routes provide quick access to downtown Chicago and other key areas of the city. For rail transit, the Belmont Station is about a 15-minute walk or a short bus ride away. This major hub serves the Brown, Purple, and Red Lines, offering convenient connections to downtown, the Loop, and north side neighborhoods. The Wellington Station, serving the Brown and Purple Lines, and the Addison Station on the Red Line, are both about a 20-minute walk from The Eddystone, providing additional transit options. Cyclists will appreciate the area's bike-friendly infrastructure, with numerous bike lanes and the lakefront trail nearby. The building's bike room offers secure storage for residents' bicycles, making it easy to incorporate cycling into daily routines. For those who prefer to drive, The Eddystone's proximity to Lake Shore Drive provides quick access to major thoroughfares. While the building itself doesn't have on-site parking, options are available nearby, including a parking facility directly behind the building at 3200 N Lakeshore Drive. Air travelers will find the location convenient, with both Chicago O'Hare International and Chicago Midway International airports accessible within about a 25-minute drive, traffic permitting. This comprehensive mix of transportation options underscores The Eddystone's prime location, allowing residents to easily explore all that Chicago has to offer while enjoying the comforts of their East Lakeview home.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Fitness Center
  • Bike Trail

Outdoor Features

  • Sundeck

Amenities

  • Water Views
  • Doorman
  • Rooftop Deck
  • Sauna
  • Public Transportation
  • Coin Laundry
  • Package Room
  • Bike Room
  • Community Storage Space
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • 1 - 2 Garage Spaces Per Unit
  • 1 Car Detached Garage

Pet Policy

  • Dogs and Cats Allowed

Condo Association

  • $4,538 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,620 - $4,538
  • Association fees include heat, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • Greg Minor Association, Phone Number (312) 335-1946
  • The Eddystone Subdivision
  • Property managed by Premier Managemnet

Building Design

  • Elevator
  • High-Rise Condominium

Unit Features

  • Ceiling height of 9 feet or more
  • Laundry Room
  • Washer and Dryer Hookup

Unit Information

Unit
Beds
4 Beds
Baths
3 Baths
Sq Ft
3,400
Price
$1,150,000
Price / Sq Ft
$338 / Sq Ft
List Date
04/22/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$152,406 - $964,600
1 Bedroom Units
Sq Ft Range
900 - 1,329
Est. Values
$288,745 - $386,779
2 Bedroom Units
Sq Ft Range
1,800
Est. Values
$339,844 - $699,107
3 Bedroom Units
Sq Ft Range
2,100 - 3,000
Est. Values
$197,977 - $876,923
4 Bedroom Units
Sq Ft Range
3,000 - 3,400
Est. Values
$480,494 - $1,092,036
5 Bedroom Units
Sq Ft Range
4,090 - 4,900
Est. Values
$657,221 - $733,242
All Units
Sq Ft Range
900 - 4,900
Est. Values
$152,406 - $1,092,036

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Very Bikeable

Bike Score®

88 / 100

Very Walkable

Walk Score®

86 / 100

Excellent Transit

Transit Score®

77 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

68 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$12K - $110K
Range of Taxes in Building
$262 - $20,362
Range of Taxes per Sq Ft
$0.68 - $6.79

Property Tax History

Source: Public Records

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Building Team

Developer
Lind Construction Company
Architect
Holabird & Root LLC
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.