Commercial > Multi-family / Apartments
Off-Market
Sold Price
$--$--/ft²
516 Melrose St
Chicago, IL 60657
- -Bed
- -Bath
- -Living Area
- 8,300ft²Lot Size
- -Pool
- -Car
- 1970Year Built
- -DOM
- 5Permits
516 Melrose St, Chicago, IL 60657 is a multi-family/apartments property built in 1970 on a 0.191 acre lot with 5 construction permits. This multi-family/apartments is currently off market.
Permits
516 Melrose St has 5 permit records of total value of $137,220.
Permit History
5
Permits
$137,220
Total Permit Value
March 6, 2020
Description: Install fire alarm system for elevator recallJob Value: $11,634Status: issuedType: Electric wiringBusiness Name: FOX Valley Fire & SafetyFees: $375Effective Date: 2020-03-06Permit Number: 100866036
March 4, 2020
Description: Modernizing controller leveling system fixture and door operator on one (1) 2000lb.cap 5-floor hydraulic passenger elevator lobby. Pursuant to the scope of work submitted. Ev004166Job Value: $58,586Status: issuedType: Elevator equipmentBusiness Name: Colley Elevator COApplicant: Jim PreusenFees: $405Effective Date: 2020-03-04Permit Number: 100865504
October 16, 2019
Description: Installation of new submersible pumping unit on one(1) 2000lb capacity 5-floor hydraulic passenger elevator pursuant to the scope of work submitted.(ev004166)Job Value: $19,000Status: issuedType: Elevator equipmentBusiness Name: Schindler Elev Corp ElmhurstApplicant: James PreusenFees: $405Effective Date: 2019-10-16Permit Number: 100846368
September 18, 2019
Description: Upgrade elevator feed to 100 ampJob Value: $3,000Status: issuedType: Electric wiringBusiness Name: Acorn ElectricApplicant: Jim PreusenFees: $75Effective Date: 2019-09-18Permit Number: 100841539
April 7, 2017
Description: Furnish and install one (1) new hydraulic cylinder on one (1) 2000lb.cap 5-stop passenger elevator. Pursuant to the scope of work submitted.ev004166Job Value: $45,000Status: issuedType: Elevator equipmentBusiness Name: Schindler Elevator Corp ChicagApplicant: 516 Melrose, LLCFees: $407Effective Date: 2017-04-07Permit Number: 100699193
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$53,581.83From latest Total Assessed Value20.11%Total Assessed Value$266,456=Land+
Assessed Value$41,500Additions
Assessed Value$224,956
In 2021, taxes billed for 516 Melrose St were $53,581.83, which is 20.11% from latest Total Assessed Value of $266,456.
Property History
516 Melrose St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 516 Melrose St
Hazard Risks
Tornado211Wind155Hail152Particulates139Weather110Air Pollution105Ozone104Nat'l Avg100Carb Mono98Lead58Earthquake45Hurricane15
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 516 Melrose St.
Walkability Index
8 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
516 Melrose St has a walkability score of 8 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
19°F
High
34°F
Summer
Average
Low
62°F
High
81°F
In the winter at 516 Melrose St, temperatures range from 19.42°F to 33.81°F with an average of 26.62°F. In the summer, the temperature ranges from 62.17°F to 80.68°F with and average of 71.43°F.
School Information
Public/private schools serving 516 Melrose St
Public Schools
Lake View High School
Grades: 9-12
1.65 mi
C-
Nettelhorst Elementary School
Grades: PK-8
0.12 mi
B
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 516 Melrose St have ratings undefined, and undefined.
Neighborhood
This property is located in Lake View East, Chicago, IL 60657.
Seasonal Housing units 60657
10%of housing is for seasonal rent.
Daytime Population for 60657
-10%of people during work hours.
Boundary map of Lake View East.
Crime Index for 60657
139
139
The crime index in 60657 is 139, which is 1.4 times higher than national average.
Market Trends
Historical market data near 516 Melrose St over selected time period.
Nearby Properties on Melrose St
- 421 W Melrose St #Apt 17d, Chicago, IL 60657 (Eddystone Condominiums) is a 0.26 acre property.
- 547 W Melrose St # 2, Chicago, IL 60657 (Lake View East) is a 0.22 acre property. It was built in 1909 and has an estimate of $455,900.
- 551 W Melrose St #Apt 3, Chicago, IL 60657 (Lake View East) is a 0.21 acre property. It was built in 1909 and has an estimate of $384,300.
- 523 W Melrose St #Apt 2a, Chicago, IL 60657 (Lake View East) is a 0.41 acre property. It was built in 1907 and has an estimate of $456,332.
- 523 W Melrose St #Apt 3a, Chicago, IL 60657 (Lake View East) is a 0.41 acre property. It was built in 1907 and has an estimate of $456,332.
- 525 W Melrose St # 1b, Chicago, IL 60657 (Lake View East) is a 0.41 acre property. It was built in 1907 and has an estimate of $261,800.
- 525 W Melrose St # 3b, Chicago, IL 60657 (Lake View East) is a 0.41 acre property. It was built in 1907 and has an estimate of $305,600.
- 527 W Melrose St # 2c, Chicago, IL 60657 (Lake View East) is a 0.41 acre property. It was built in 1907 and has an estimate of $309,500.
- 527 W Melrose St # 3c, Chicago, IL 60657 (Lake View East) is a 0.41 acre property. It was built in 1907 and has an estimate of $308,900.
- 531 W Melrose St # 1e, Chicago, IL 60657 (Lake View East) is a 0.41 acre property. It was built in 1907 and has an estimate of $353,400.
- 1518 W Melrose St, Chicago, IL 60657 is a 1,662 square foot, 3 bedroom, 2.25 bathroom, 0.12 acre property. It was built in 1957 and has an estimate of $285,700 with a price per ft² of $172.
- 7040 W Melrose St, Chicago, IL 60634 (Dunning) is a 1,475 square foot, 3 bedroom, 1 bathroom, 0.1 acre property. It was built in 1957 and has an estimate of $335,024 with a price per ft² of $227.
- 7032 W Melrose St, Chicago, IL 60634 (Dunning) is a 1,118 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1964 and has an estimate of $339,476 with a price per ft² of $304.
- 7028 W Melrose St, Chicago, IL 60634 (Dunning) is a 834 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1952 and has an estimate of $340,146 with a price per ft² of $408.
- 7035 W Melrose St, Chicago, IL 60634 (Dunning) is a 1,098 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1949 and has an estimate of $383,323 with a price per ft² of $349.
- 7009 W Melrose St, Chicago, IL 60634 (Dunning) is a 1,900 square foot, 5 bedroom, 4 bathroom, 0.09 acre property.
- 4928 W Melrose St, Chicago, IL 60641 (Portage Park) is a 1,980 square foot, 4 bedroom, 2 bathroom, 0.09 acre property.
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- 4902 W Melrose St, Chicago, IL 60641 (Portage Park) is a 1,952 square foot, 4 bedroom, 2 bathroom, 0.09 acre property.
- 4900 W Melrose St, Chicago, IL 60641 (Portage Park) is a 2,024 square foot, 4 bedroom, 2 bathroom, 0.09 acre property.
- 4826 W Melrose St, Chicago, IL 60641 (Portage Park) is a 0.07 acre property.
- 4816 W Melrose St, Chicago, IL 60641 (Portage Park) is a 1,892 square foot, 7 bedroom, 3 bathroom, 0.1 acre property.
- 4955 W Melrose St, Chicago, IL 60641 (Portage Park) is a 1,893 square foot, 3 bedroom, 2 bathroom, 0.09 acre property.
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