$925,000

beds

baths

2,115

square ft

1623 W Melrose Street #501

Chicago, Illinois 60657

Closed / MLS #12479619 / Loft / Lakeview

Listing information updated 11/21/2025 at 6:05am

This expansive penthouse is located in the best Lakeview location and features a huge private terrace with outstanding space. Located in the former Citizens State Bank building, offering a unique blend of timeless history and the present. Amassing over 2000 square feet, the interior features three generous bedrooms, two full baths, and a chef's kitchen with high-end Wolf and Sub-Zero appliances. A sprawling, 1,300+ square-foot west-facing private terrace provides great space for outdoor entertaining and relaxation and adds to the living space in the warmer months. An oversized covered parking space is included in the price. You will be just steps from the vibrant dining, shopping, and entertainment including nearby Southport corridor, all while being quietly tucked away on Melrose in this beautiful, boutique elevator building.

Full Features

Exterior Type:

Brick,Glass

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Forced Air

Appliances:

Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Humidifier

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

100+ Years

Parking Type:

Garage - Garage Door Opener,Heated Garage,Yes,Garage Owned,Attached,Garage

Parking Spaces:

Garage:

Attached

Room Count:

Water Front:

Square Feet:

2,115

Pet Information:

Cats OK, Dogs OK

Common Area Amenities:

Elevator(s)

Internal Features:

Dry Bar, Walk-In Closet(s)

External Features:

Roof Deck, Patio/Porch

Room Information

Living Room:

25x24 - Main

Dining Room:

combo - Main

Kitchen:

18x12 - Main

Family Room:

N/A

Primary Bedroom:

16x12 - Main Level

2nd Bedroom:

16x12 - Main

3rd Bedroom:

12x10 - Main

4th Bedroom:

N/A

Pantry:

6x6 - Main Level

Terrace:

15x93 - Main Level

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$13,888

Tax Year:

2023

Assessments:

$670 / month

Location

Zip Code:

60657

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

Burley Elementary School

Middle School:

Burley Elementary School

High School:

Lake View High School

Exterior Type:

Brick,Glass

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Forced Air

Appliances:

Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Humidifier

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

100+ Years

Parking Type:

Garage - Garage Door Opener,Heated Garage,Yes,Garage Owned,Attached,Garage

Parking Spaces:

Garage:

Attached

Room Count:

Water Front:

Square Feet:

2,115

Pet Information:

Cats OK, Dogs OK

Common Area Amenities:

Elevator(s)

Internal Features:

Dry Bar, Walk-In Closet(s)

External Features:

Roof Deck, Patio/Porch

Living Room:

25x24 - Main

Dining Room:

combo - Main

Kitchen:

18x12 - Main

Family Room:

N/A

Primary Bedroom:

16x12 - Main Level

2nd Bedroom:

16x12 - Main

3rd Bedroom:

12x10 - Main

4th Bedroom:

N/A

Pantry:

6x6 - Main Level

Terrace:

15x93 - Main Level

Laundry:

N/A Level

Tax Amount:

$13,888

Tax Year:

2023

Assessments:

$670 / month

Zip Code:

60657

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

Burley Elementary School

Middle School:

Burley Elementary School

High School:

Lake View High School

Listing Office: @PROPERTIES

Listing Office Phone: 773.472.0200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/21/2025 at 6:05am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.