Get a 3-Bedroom with 2-Car Parking in East Lakeview for $625,000: 508 W. Melrose
This 3 bedroom in Park Plaza at 508 W. Melrose in East Lakeview came on the market in July 2022.
Park Plaza was built in 2005 and has 22 units and garage parking.
It’s an elevator building.
This unit has an open living/dining room with hardwood floors and a fireplace.
The kitchen is open to the living room and has an island, what looks like wood cabinets, and stainless steel appliances.
The bedrooms have carpet.
The unit has central air, washer/dryer in the unit and 2 side-by-side garage spots available for extra.
It also has a balcony.
It’s in the Nettlehorst school district.
This building is near the shops and restaurants in East Lakeview.
Listed at $625,000, that is under the 2018 sales price of $640,000 but that sale included the parking.
How are the 2005 housing boom era buildings holding up 17 years later?
Sanjay Marathe at Keller Williams Infinity has the listing. See the pictures here (sorry no floor plan).
Unit #6B: 3 bedrooms, 2 baths, 1732 square feet
- Sold in February 2006 for $609,000
- Sold in December 2018 for $640,000
- Currently listed at $625,000
- Assessments of $394 a month (includes exercise room, exterior maintenance). The listing says that it excludes the parking spot and Internet.
- Taxes of $12,565
- Central Air
- Washer/dryer in the unit
- 2 side-by-side garage spots available
- Bedroom #1: 18×13
- Bedroom #2: 12×12
- Bedroom #3: 13×9
- Living/dining: 24×16
- Kitchen: 11×10
- Walk-in-closet: 5×5
- Foyer: 20×6
- Laundry: 8×6
- Balcony
There’s a floor plan on the previous listing
WTF is up with the fridge?
Pics are horrible, should have used the previous sales pics. Kitchen cabinets look pink and wtf is with the laundry/mech room
Unit looks like a cheap rental
$125k down and $4500/mo? Hard pass
“wtf is with the laundry/mech room”
WYM? The stack of paint?
“WYM? The stack of paint?”
No washer/dryer pick would have been fine
Why show a picture of a dirty, cluttered mech/laundry room?
Not sure what the gizmo is thats lying on the floor
Dont think I’ve ever seen an access panel like that on HWH before
The condensate/drain lines look well designed…
Who threw up on the fridge.
“[why pic?]”
Fair–you only have 16 pix, dumb one to include, but, see fridge pic.
“[Floor gizmo]”
Water alarm. Old water heater leaked, so paranoid.
“access panel”
99% sure that’s for something else (dryer??), and just leaning there bc…see fridge pic.
“condensate/drain lines”
The floor slope almost certainly sucks for drainage. If you want to avoid using a pump (you do!) you get weird runs sometimes. The way the humidifier and refrigerant lines run to the furnace bother me more–but the humidifier is a clear homeowner add, as is the HW recirc pump–hence the electric box on the wrong side of the HWH.
What color ARE the cabinets?
In prior listings they look white. Here, they don’t. Are they painted? Or natural wood?
Do sellers need to get rid of the 2005 granite counter tops now that they are out? It’s not a big expense to swap them out for quartz and put in a white subway tile backsplash.
It is interesting to me how in Chicago how that 3rd bedroom usually jacks up the price of average priced units by 100K-200k+. If this place was a 2 bedroom, it would be sub 500k. Its very bland.
“If this place was a 2 bedroom, it would be sub 500k”
3A, a 2/2, took $558k in Jun-20:
https://www.redfin.com/IL/Chicago/508-W-Melrose-St-60657/unit-3A/home/18951418
Painting the cabinets and getting a new fridge help a lot compared to the feature unit.
And it’s an instance of the cheap-o developer putting in only two courses of tile around the tub!
“Why show a picture of a dirty, cluttered mech/laundry room?”
Did they take it out? cribchatter effect?
“Fair–you only have 16 pix, dumb one to include, but, see fridge pic.”
There’s more than 16 in this listing. But I assume there has to be some limit, presumably mls set?
“Did they take it out?”
I still see Pic 11 here:
https://www.redfin.com/IL/Chicago/508-W-Melrose-St-60657/unit-6B/home/12671690
and only see 16 total (and find only 16 on other listings, zillow, realtor dot com, etc). Prior listing had 26.
“I still see Pic 11 here:”
Ah, I was looking at your link for 3A.
“only see 16 total”
I get that now. Though still a self (or agent) imposed decision, rather than a system limitation, right?
“Though still a self (or agent) imposed decision, rather than a system limitation, right?”
The one from yesterday has 35, so I assume yes.
“I assume yes”
ffs, @fo, did you even gthooi?
https://www.leslielemonsphotography.com/single-post/2017/04/27/breaking-news-real-estate-listing-photo-counts-lifted
From the link:
“In my experience most listing agents post 18-25 photos”
So, even when there was a cap, 16 was on the less than typical side.
And yet, they still included a single pic that irked JU ~half as much as all the pics combined of the unit yesterday.
Really generic looking unit and building. Hard to get excited. Plus, this stretch of Melrose was destroyed by greedy developers of four plus ones in the 60’s. They should have been arrested for rape of a street.