Chicago  »  60657  »  Lakeview

434 West Melrose Street, Chicago, IL 60657

Lake View East, Lakeview, North Side, Chicago
Building in Lakeview
5 Stories
Built in 1929
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Welcome to 434 West Melrose Street, a building located in Lake View East, Lakeview, North Side, Chicago in Chicago, IL. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1929. The depth of the property lot was measured at 1660 square feet and the front at 660 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but essentially heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 434 West Melrose Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Moving on to what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Sadly, this property has none. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.

434 West Melrose Street was most recently sold on Oct 8, 1996 for $1,515,000. The market value for the land that the building sits on has been listed at $723,090. In addition, improvements upon the building have an added value of $4,619,540. In total, the total market value of the property as a whole is $5,342,630. This may be less relevant information, but according to local assessors, the total value of the building is currently valued at $534,263. Specifically, the value of the land that the property sits on has been assessed at $72,309. The building was last assessed in 2019.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Lakeview area have a median price of $1,950. Those in the 25th percentile, have a price around $1,595. While those in the 75th percentile, have a price around $2,650. Typically, the buildings in this area have a median sqft of 720. That means that the median price per sqft is around $29. In other words, the price per sqft for buildings in the 25th percentile is $25. While the price per sqft for buildings in the 75th percentile is $34. As a breakdown, we've included the following stats:

- There are currently a total of 17 studio listings. The median price for these types of listings is $1,245. That's $32.73 price per sqft.
- There are currently a total of 231 one bedroom listings. The median price for these types of listings is $1,675. That's $27.34 price per sqft.
- There are currently a total of 127 two bedroom listings. The median price for these types of listings is $2,495. That's $30.50 price per sqft.
- There are currently a total of 59 three bedroom listings. The median price for these types of listings is $3,000. That's $32.09 price per sqft.
- There are currently a total of 10 four bedroom listings. The median price for these types of listings is $4,600. That's $20.87 price per sqft.
Amenities
Elevator
Fitness Center
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1929
Actual Year Built
1929
Total Rooms
0.00
Bedroom Count
0
Full Bathrooms
0.00
Partial Bathrooms
0.00
Bathroom Fixture Number
0.00
Building Condition
0
Building Quality
0
Construction Type
unknown
Building Style
high-rise style
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
5
Business/Commerical Units Count
0.00
Floor Cover
unknown
Basement Type
unknown
Basement Area
0.00
Garage Type
unknown
Garage Square Area
0.00
Parking Space Count
0.00
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class ID
residential
Subdivision
CULVERS & OTHERS LAKE
Land Acres
0.252
Standard Land Use Code
misc residential improvement
County Land Use Code
2-97
Legal Description 1
(CULVERS) & (OTHERS)(LAKE) SHORE SUB OF LTS24-26 OF P INE GROVE SUB IN SEC 21-40-14
Ownership
Current Owner
HARRIS BANK BARRINGTON
Current Owner's Name
434 W MELROSE CO LLC
Previous Owner
THE CHICAGO TRUST COMPANY
Owner Address - City
CHICAGO
Owner Address - State
IL
Owner Address - ZIP Code
60640
Ownership Rights Codes
CO
Current Owner Corporation Indicator
T
Neighborhood
School District Name
Chicago Public School District 299
Census Tract
061902
Census Block Code
2004
Census Group
2
Census Year
2019
Census - Combined Statistical Area - Area Code
176
Census - Combined Statistical Area - Area Name
Chicago-Naperville, IL-IN-WI
Census - County FIPS
17031
Census - Full FIPS
170310619022004
Census - Metropolitan Division - Area Code
16984
Census - Metropolitan Division - Area Name
Chicago-Naperville-Evanston, IL
Census - Metro Micro Statistical Area - Area Code
16980
Census - Metro Micro Statistical Area - Area Name
Chicago-Naperville-Elgin, IL-IN-WI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1714000
Census Source
US Census Bureau
Census State FIPS
17
Census Tract Code
061902
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1709930
School District - Unified - Name
Chicago Public School District 299
Zoning
Geography
District
73
Parcel
14-21-312-038
Block
1
Lot
24-26
Meridian
SEC 21 TWN 40N RNG 14E
Municipality
LAKE VIEW
Latitude
41.9415
Longitude
-87.6411
FIPS
17031
Mailing Carrier Code
C043
Mailing Street Direction
N
Mailing Full Street Address
5516 N KENMORE AVE APT 108
Mailing House Number
5516
Mailing Street Mode
AVE
Mailing Street
KENMORE
Mailing Unit Number
108
Mailing Unit Type
APT
Mailing 4-Digit Zip Code
1543
Old APN
14-21-312-038-0000
Geo Status Code
B
Valuation
Timestamp
2021-05-03 00:00:00
UCID Flag
C
Total Area
0.00
Standard Deviation
0
About The Area
434 West Melrose Street is located in Cook County, Illinois. There are 5,227,575 people living here. There are 1,951,606 households. Most of these households have an average family size of 3.43 people. According to the census, 43% are currently renting while 57% own their homes. The median age of this population is around 36.1 years old. On average, most folks in the county are unmarried. About 35% of folks speak a language other than English in this area. The area's employment rate is currently around 59.7%. Speaking of employment, the median income is $56,902. Most folks will commute by car for around 32.6 minutes. Finally, we know that 24% of residents in the area have graduated with their high school degree. Additionally, 22% and 15% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Chicago, IL - IN Urban Area has a population of 8,672,319 people. Based on census records, there are 3,153,810 registered households. Families in this area are on average made up of 3.4 people per household. Most folks are unmarried. They are also typically around 36.6 years old. Does diversity matter to you? Right now, 30% of folks speak a language other than English here. About 37% rent while 63% purchased their homes. Right now, the community is made up of 24% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 14% have a Master's degree. The employment rate is currently around 61.2%. Those employed, have a median income of $63,064. If you move here, you can expect to commute mostly by car for around 31.5 minutes.

$1,245
Studio Median Rent
$1,675
1BR Median Rent
$2,495
2BR Median Rent
$3,000
3BR Median Rent
Nearby Public Transportation
151
at Lake Shore & Melrose (Under 500 ft mi • 3 min) • Chicago Transit Authority
77
151
156
at Belmont & Pine Grove (540 ft mi • 3 min) • Chicago Transit Authority
77
151
156
at Belmont & Sheridan (580 ft mi • 3 min) • Chicago Transit Authority
77
151
156
at Belmont & Pine Grove (600 ft mi • 3 min) • Chicago Transit Authority
151
135
146
at Inner Lake Shore Drive & Belmont (600 ft mi • 3 min) • Chicago Transit Authority

Nearby Schools

(within attendance boundary)
Nettelhorst Elem School  •  0.19 mi
3252 N Broadway St, Chicago, IL 60657
Public  •  Elementary  •  Grades PK to 8
Chicago Public School District 299
ASPIRA Charter - Haugan Campus  •  4.48 mi  
Charter
3729 W Leland Ave, Chicago, IL 60625
Public  •  Middle School  •  Grades 6 to 8
Chicago Public School District 299
Lake View High School  •  1.7 mi
4015 N Ashland Ave, Chicago, IL 60613
Public  •  High School  •  Grades 9 to 12
Chicago Public School District 299
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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