627 W Melrose St Chicago, IL 60657
Lakeview East Neighborhood
8
Beds
7.5
Baths
6,000
Sq Ft
5,968
Sq Ft Lot
Highlights
- Fireplace in Primary Bedroom
- Deck
- Victorian Architecture
- Nettelhorst Elementary School Rated A-
- Recreation Room
- Heated Sun or Florida Room
About This Home
As of August 2024Cozy 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,675
Year Built
- Built in 1895
Parking
- 3 Car Detached Garage
- Carport
- Heated Garage
- Garage Door Opener
- On-Street Parking
- Parking Space is Owned
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Slate Roof
Interior Spaces
- 6,000 Sq Ft Home
- 3-Story Property
- Entrance Foyer
- Family Room with Fireplace
- 4 Fireplaces
- Living Room with Fireplace
- Sitting Room
- Formal Dining Room
- Home Office
- Recreation Room
- Heated Sun or Florida Room
- Home Gym
- Sink Near Laundry
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Wine Refrigerator
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- Fireplace in Primary Bedroom
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Finished Basement Bathroom
Schools
- Nettelhorst Elementary School
- Lake View High School
Utilities
- Zoned Heating and Cooling
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Radiant Heating System
- 200+ Amp Service
- Lake Michigan Water
Additional Features
- Deck
- Lot Dimensions are 37.5x157
Listing and Financial Details
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2024 08/29/24 | Sold | $2,100,000 | -8.7% | $350 / Sq Ft |
| 08/01/2024 08/01/24 | Pending | -- | -- | -- |
| 06/26/2024 06/26/24 | Price Changed | $2,299,000 | -8.0% | $383 / Sq Ft |
| 04/01/2024 04/01/24 | Price Changed | $2,499,000 | -10.7% | $417 / Sq Ft |
| 02/12/2024 02/12/24 | For Sale | $2,799,000 | -- | $467 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $39,613 | $268,096 | $110,968 | $157,128 |
| 2023 | $39,613 | $198,750 | $89,490 | $109,260 |
| 2022 | $39,613 | $198,750 | $89,490 | $109,260 |
| 2021 | $38,761 | $198,748 | $89,490 | $109,258 |
| 2020 | $28,560 | $128,204 | $39,375 | $88,829 |
| 2019 | $28,534 | $142,022 | $39,375 | $102,647 |
| 2018 | $28,054 | $142,022 | $39,375 | $102,647 |
| 2017 | $26,199 | $121,703 | $34,602 | $87,101 |
| 2016 | $24,376 | $121,703 | $34,602 | $87,101 |
| 2015 | $23,714 | $129,413 | $34,602 | $94,811 |
| 2014 | $21,087 | $113,652 | $28,636 | $85,016 |
| 2013 | $20,670 | $113,652 | $28,636 | $85,016 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,295,000 | Credit Line Revolving | |
| Previous Owner | $1,550,000 | Credit Line Revolving | |
| Previous Owner | $1,500,000 | Credit Line Revolving | |
| Previous Owner | $1,965,000 | Credit Line Revolving |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,100,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | Chicago Title Land Trust Co |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 11901348
APN: 14-21-313-030-0000
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