505 W Melrose Street Apartments

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505 W Melrose St, Chicago, IL 60657
(224) 412-4195
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505 W Melrose Street

505 W Melrose St
Chicago, IL 60657
(224) 412-4195
505 W Melrose Street in Chicago, IL - Building Photo
  • Studio–1 Bedrooms
  • $1,450–$1,850Available Unit Pricing
  • 600–750Square Feet

About 505 W Melrose Street

Come live in a brand-new smart unit in an A+ location! Select kitchens feature Samsung Family Hub Smart Refrigerators that allows you to see inside the fridge with a single swipe, get recipes, do a shopping list, play music, connect to Amazon Prime, post photos, see your calendar, create to-do lists, be a white board and much more. Kitchens feature beautiful white quartz countertops with subway tile backsplashes over modern cabinetry and new modern tile in the kitchen and baths. High quality LG gas range/oven with built-in microwaves and a dishwasher round out these top of the market kitchens. Updated bathrooms have replaced the old vintage bathtub and shower curtain with a modern standup shower featuring custom white tiles and sliding glass doors. Bathroom floors are a gorgeous white marble tile and the bath features modern vanity, mirror and new toilets. Units are well lit and bright with large windows and recessed lighting. The original wood floors have been restored to new condition and units feature new doors and in-unit washer dryer. This address scores a 92 and is described as "walkers paradise." It is located in the heart of Lakeview East and it's the perfect address for those who like shopping, bar hoppin’, comedy shows, the Diversey driving range and good food. Don’t worry, we also love our peace and quiet; this place is close enough to all the action but sits on a quiet street to enjoy the birds chirping, picnics & walks near the lake, or simply peaceful moments in your apartment. It is an easy walk/bike/drive to the lake front path and Belmont Harbor. Let’s not forget about our commuters. Thanks to its proximity to North Lake Shore Drive, you’ll be able to go anywhere in no time! It’s also only 0.3mi away from a grocery store for your convenience. Lakeview East is home to some of the most fashionable stores and delicious cuisine, from sushi and seafood boil to the best pizzas you’ve ever had and everything else in between. Lincoln Park Zoo is 1.8 miles away, and access to a popular farmers market on Saturday mornings. Mariano’s is 3 blocks away if you’re more of an indoor shopper than an outdoor one! - Studios and one-bedroom apartments - Gated covered/uncovered parking available for an additional cost - Laundry room (in unit washer and dryer for some units) - Air conditioning window unit provided for convenience - Central heating - Close to buses 77, 151, 156, 135, 146 - Belmont L station is 0.7 miles away -No security deposits - Soft credit check required - Utility fee that covers gas, trash, water and sewer *Tenants pay for their own internet and electricity bills.

505 W Melrose Street is located in the Lakeview Neighborhood and 60657 Zip code of Chicago, IL. This community is professionally managed by Langdon Partners

Property Contact Info

Floorplan Pricing and Availability

505 W Melrose Street offers Studio to 1 Bedroom apartments starting from $1,450 and having 600–750 sq ft. Here is the current pricing and availability:

  • Studio

    From $1,450

    Studio

    Studio, 1 Bath, 650 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,450Available NowStudio650 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Tub/Shower
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Freezer
    • Ice Maker
    • Island Kitchen
    • Kitchen
    • Microwave
    • Oven
    • Quartz Countertops
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Price Range

    • $1,450 - $1,650

    $1,500

    More 0 bedroom units

    Studio, 1 Bath, 600 sq ft Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,500Available Now306600

    Unit 306 Rent and Fees

    Price

    • $1,500
  • 1 Bedroom

    $1,850

    206

    1 Bed, 1 Bath, 750 sq ft Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,850Available Now206750

    Unit 206 Rent and Fees

    Price

    • $1,850
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (224) 412-4195 to schedule a tour.

Property Information

  • 41 Units
  • 5 Stories
  • Built in 1975

Lease Terms

  • 9
  • Short Term Lease Options

Pet Policy

Pet Policy - Cats

  • Cats Allowed
  • $50 Monthly Pet Rent
  • 100 Lb Weight Limit
  • $250 Fee
  • 2 Pet Limit
  • Pets Ok N 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.

Pet Policy - Dogs

  • Dogs Allowed
  • $250 Fee
  • 100 Lb Weight Limit
  • 2 Pet Limit
  • $50 Monthly Pet Rent
  • 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.

Parking Fees & Info

Parking Surface

  • Surface Fee: $175 /Mo
  • $175/Month For Uncovered Parking.

Parking Covered Lot

  • $225/Month For Covered Parking.
  • Covered Lot Fee: $225 /Mo

Fee & Deposit Info

Recurring Fees

  • $175 Surface Fee
  • $225 Covered Lot Fee

Features and Amenities

On-Site Services

  • 24 Hour Access
  • Property Manager On Site
  • Laundry Facilities

Outdoor Features

  • Waterfront
  • Controlled Access

Recreation and Fitness

  • Walking/Biking Trails

Interior Features

  • Tub/Shower
  • Heating
  • Washer/Dryer
  • Air Conditioning
  • Wi Fi

Kitchen Amenities

  • Dishwasher
  • Oven
  • Refrigerator
  • Island Kitchen
  • Quartz Countertops
  • Kitchen
  • Ice Maker
  • Stainless Steel Appliances
  • Freezer
  • Disposal
  • Microwave
  • Range

Living Area Features

  • Vinyl Flooring
  • Family Room
  • Hardwood Floors
Google Map

Map

505 W Melrose St, Chicago, IL 60657

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayBy Appointment
SundayBy Appointment

Getting Around

Walk Score®

92 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

89 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

76 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about 505 W Melrose Street

Where is 505 W Melrose Street located?

505 W Melrose Street is located at 505 W Melrose St near the Lakeview area of Chicago, IL

What is the current rent range at 505 W Melrose Street?

Studio to 1 Bedroom Apartments at 505 W Melrose Street currently range from $1,450 to $1,850

When is the leasing office open?

  • The office Hours for 505 W Melrose Street are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday By Appointment
  • Sunday By Appointment

Are pets allowed?

Yes. Pets are allowed at 505 W Melrose Street. Call us today for info on moving here with your pet.

Lifestyle Ratings

  • Affordability Great Value3.8

    The 505 W Melrose Street Apartments are 9.8% cheaper than the average apartment in the Lakeview area, and 30.2% cheaper than the average apartment city-wide.

    Rent Comparison to the Lakeview Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$1,450$1,607-$157-9.8%

    Rent Comparison to the city of Chicago

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$1,450$2,077-$627-30.2%

    Methodology: On 02/04/2025, ApartmentHomeLiving.com compared current rents by floorplan to 711 other apartment communities in the immediate area around 505 W Melrose Street (Lakeview), and 2654 other apartment communities in Chicago using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 02/04/2025

  • Transit Friendly 3.0

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Learn more about Lifestyle Search

Renters Reviews and Ratings

4.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Nettelhorst Elementary School

Chicago Public Schools
3252 North Broadway
Public School - Grades PK-8 (625 Students)
In Attendance Zone1 minute drive / 0.1 miles away
6/10

Lake View High School

Chicago Public Schools
4015 North Ashland Avenue
Public School - Grades 9-12 (1417 Students)
In Attendance Zone5 minute drive / 1.7 miles away
3/10
School data provided by GreatSchools.
details
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 scale of 1 (below average) and 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 needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from 505 W Melrose Street.

Arts Museums and Landmarks

1060 W Addison St
2 minute drive / 0.98 miles away
2430 N. Cannon Drive
3 minute drive / 1.01 miles away
1650 North Halsted Street
5 minute drive / 1.99 miles away

Big Box and Retail

Walgreens
3201 N Broadway St
1 minute drive / 0.21 miles away
Aldi
4500 N Broadway
5 minute drive / 1.86 miles away
Menards
2601 N Clybourn Ave
5 minute drive / 1.87 miles away

Colleges and Universities

55 E Jackson
3 minute drive / 1.33 miles away
1145 West Wilson Avenue
5 minute drive / 1.95 miles away
3300 North Campbell Avenue
5 minute drive / 2.67 miles away

Groceries

Jewel-Osco
3531 N Broadway St
1 minute drive / 0.57 miles away
Trader Joe's
667 W Diversey Pky
1 minute drive / 0.61 miles away
Whole Foods
3628-3650 N Halsted St
2 minute drive / 0.77 miles away

Hospitals

2900 North Lake Shore Drive
1 minute drive / 0.46 miles away
836 West Wellington Avenue
1 minute drive / 0.65 miles away
850 W Irving Park Rd
3 minute drive / 1.15 miles away

Hotspots

632 N. Dearborn
6 minute drive / 3.25 miles away

Parks and Recreation

1000 North Lake Shore Drive
5 minute drive / 2.7 miles away
400 North Michigan Avenue
7 minute drive / 3.59 miles away
600 E. Grand Avenue
8 minute drive / 3.8 miles away

505 W Melrose Street has 5 parks within 5.3 miles, including Oak Street Beach, Wendella Boats, Funhouse Maze, Millennium Park, and Shedd Aquarium.

Restaurants and Dining

2901 N Sheffield Ave
2 minute drive / 0.8 miles away
1960 N Western Ave
6 minute drive / 2.9 miles away
435 E Illinois
7 minute drive / 3.6 miles away

Shopping Centers

3139-3145 N Broadway St
1 minute drive / 0.23 miles away
3300-3332 N Broadway St
1 minute drive / 0.29 miles away
3030 N Broadway St
1 minute drive / 0.31 miles away

505 W Melrose Street has 5 shopping centers within 0.5 miles.

Transit Stations

945 W. Belmont Ave.
2 minute drive / 0.69 miles away
945 W. Belmont Ave.
2 minute drive / 0.69 miles away
945 W. Belmont Ave.
2 minute drive / 0.69 miles away

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $1,050
View Rentals
Studio to 4 Bedroom Apartments from $975
View Rentals
Studio to 4 Bedroom Apartments from $975
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Chicago Studio Apartments $2,077$530$8,999
Chicago 1 Bedroom Apartments $2,622$600$10,000+
Chicago 2 Bedroom Apartments $3,365$890$10,000+
Chicago 3 Bedroom Apartments $4,067$775$10,000+
Chicago 4 Bedroom Apartments $2,997$850$10,000+
Chicago 5 Bedroom Apartments $3,266$980$5,395

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Viewing: 505 W Melrose Street | Desktop Version | Listing Updated: 02/04/2025 | AHLGLD