505 W Melrose Street
505 W Melrose St,
Chicago,
IL
60657
Leasing Office:
505 W Melrose St, Chicago, IL 60657
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Monthly Rent
$1,750 - $2,250
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Bedrooms
Studio - 1 bd
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Bathrooms
1 ba
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Square Feet
500 - 700 sq ft
Highlights
- Walker's Paradise
- Waterfront
- Controlled Access
- Walking/Biking Trails
- Island Kitchen
- Gated
- Elevator
- Property Manager on Site
- Hardwood Floors
Pricing & Floor Plans
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Unit 504price $1,750square feet 600availibility Jan 15, 2026
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Unit 503price $2,250square feet 700availibility Jan 15, 2026
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Unit 504price $1,750square feet 600availibility Jan 15, 2026
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Unit 503price $2,250square feet 700availibility Jan 15, 2026
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Cost Calculator to add these fees to the base price.
- One-Time Basics
- Due at Move-In
- Move-In FeeNo security deposit. Non-refundable move-in fee of $399. Charged per unit.$399
- Due at Move-In
- DogsMax of 2, 100 lbs. Weight LimitRestrictions:Pets ok - No pets over 100lbs and limited to two pets max per unit. $250 non-refundable initial pet fee (upfront) and then $50/mo after that regardless of how many pets.Read MoreRead Less
- CatsMax of 2, 100 lbs. Weight LimitRestrictions:
- Covered$225/month for covered parking.
- Surface Lot$175/month for uncovered parking.
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Lease Options
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12 months
Property Information
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Built in 1975
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41 units/5 stories
About 505 W Melrose Street
Brand-New Apartments in the Heart of Lakeview East! Live in a newly renovated building just steps from shopping, dining, and the lakefront. The property features a newly updated lobby and front entry doors for a modern, welcoming feel. Kitchens include granite countertops, modern cabinetry, LG gas ranges, built-in microwaves, dishwashers, and stylish tile finishes throughout. Updated bathrooms feature walk-in showers with sliding glass doors, white marble floors, and modern vanities. Apartments are bright and inviting with large windows, recessed lighting, refinished hardwood floors, new doors, and in-unit washer/dryer (in select units). Located on a quiet street in Lakeview East, this building boasts a 92 Walk Score — close to Belmont Harbor, public transit, and Lake Shore Drive. Enjoy peaceful living while staying near great restaurants, shops, and entertainment. Highlights: - Studios & 1-bedrooms - In-unit laundry (select units) - Gated parking available - Central heat & A/C units provided - No security deposit, soft credit check - Utility fee covers gas, water, sewer & trash (tenants pay only for electricity and internet).
505 W Melrose Street is an apartment community located in Cook County and the 60657 ZIP Code. This area is served by the Chicago Public Schools attendance zone.
Contact
Community Amenities
Laundry Facilities
Elevator
Controlled Access
Gated
- Laundry Facilities
- Controlled Access
- Property Manager on Site
- 24 Hour Access
- Elevator
- Walking/Biking Trails
- Gated
- Waterfront
Apartment Features
Washer/Dryer
Air Conditioning
Dishwasher
Hardwood Floors
Island Kitchen
Granite Countertops
Microwave
Refrigerator
Indoor Features
- Washer/Dryer
- Air Conditioning
- Heating
- Ceiling Fans
- Tub/Shower
Kitchen Features & Appliances
- Dishwasher
- Disposal
- Ice Maker
- Granite Countertops
- Stainless Steel Appliances
- Pantry
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Freezer
- Quartz Countertops
Model Details
- Hardwood Floors
- Tile Floors
- Vinyl Flooring
- Family Room
- Laundry Facilities
- Controlled Access
- Property Manager on Site
- 24 Hour Access
- Elevator
- Gated
- Waterfront
- Walking/Biking Trails
- Washer/Dryer
- Air Conditioning
- Heating
- Ceiling Fans
- Tub/Shower
- Dishwasher
- Disposal
- Ice Maker
- Granite Countertops
- Stainless Steel Appliances
- Pantry
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Freezer
- Quartz Countertops
- Hardwood Floors
- Tile Floors
- Vinyl Flooring
- Family Room
| Monday | 9am - 5pm |
|---|---|
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |
| Saturday | By Appointment |
| Sunday | By Appointment |
Bordered by the lakefront parks of Lake Michigan, Lake View East is one of Chicago’s classic yet modern neighborhoods. The old meets new in this charming neighborhood as Lake View East is home to both Wrigley Field and over 30 theaters, trendy bars, restaurants, and boutiques.
What’s it like to live in Lake View East? Nightlife and baseball aren’t the only things to be enjoyed. Outdoor attractions like Belmont Harbor, Lakefront Trail, and Lincoln Park are within minutes of the neighborhood. Other great features of Lake View East include easy access to Downtown Chicago via public transit or interstates. Renters looking in Lake View East have options of apartments, single-family homes, condos, and townhouses ranging from ultra-modern to cozy, and they are all affordable compared to other Chicago neighborhoods.
Learn more about living in Lake View East| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 4 min | 1.9 mi | |
| Drive: | 4 min | 2.1 mi | |
| Drive: | 6 min | 2.8 mi | |
| Drive: | 7 min | 3.2 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2025. All rights reserved.
Transportation options available in Chicago include Belmont Station (Brown, Purple, Red Lines), located 0.7 mile from 505 W Melrose Street. 505 W Melrose Street is near Chicago O'Hare International, located 15.1 miles or 25 minutes away, and Chicago Midway International, located 16.8 miles or 26 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
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Walk: | 12 min | 0.7 mi |
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Walk: | 17 min | 0.9 mi |
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Walk: | 17 min | 0.9 mi |
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Drive: | 2 min | 1.1 mi |
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Drive: | 3 min | 1.3 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
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Drive: | 6 min | 3.0 mi |
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Drive: | 7 min | 3.1 mi |
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Drive: | 9 min | 4.6 mi |
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Drive: | 10 min | 4.6 mi |
| Drive: | 8 min | 5.1 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
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Chicago O'Hare International
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Drive: | 25 min | 15.1 mi |
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Chicago Midway International
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Drive: | 26 min | 16.8 mi |
Time and distance from 505 W Melrose Street.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 4 min | 0.2 mi | |
| Walk: | 5 min | 0.3 mi | |
| Walk: | 8 min | 0.4 mi |
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
Notebaert Nature Museum
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Drive: | 3 min | 1.5 mi |
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Lincoln Park
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Drive: | 3 min | 1.8 mi |
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Lincoln Park Zoo
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Drive: | 3 min | 1.8 mi |
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Oz Park
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Drive: | 4 min | 2.1 mi |
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Wrightwood Park
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Drive: | 5 min | 2.3 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Walk: | 12 min | 0.7 mi | |
| Walk: | 15 min | 0.8 mi | |
| Drive: | 2 min | 1.1 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 34 min | 22.7 mi |
505 W Melrose Street Photos
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Renovated Kitchen
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New Cabinets, SS appliances, Quartz Countertops
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Quartz Counters & Wishbone Backsplash
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Family HUB Smart Refrigerator in Select Units
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No old tubs! New Standup Shower with Glass Doors
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New Bathroom Fixtures
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Unit 507 - Kitchen
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Unit 507 - Kitchen
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Unit 507 - Kitchen
Models
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Unit 510 - Bathroom
Nearby Apartments
Within 50 Miles of 505 W Melrose Street
505 W Melrose Street has units with in‑unit washers and dryers, making laundry day simple for residents.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
505 W Melrose Street has studios to one bedroom with rent ranges from $1,750/mo. to $2,250/mo.
Yes, 505 W Melrose Street welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,750 for a studio, you would need to earn about $63,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.
505 W Melrose Street is offering Specials for eligible applicants, with rental rates starting at $1,750.
While 505 W Melrose Street does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources
505 W Melrose St
Chicago, IL 60657