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- Studio–1 Bedrooms
- $1,750-$2,250Pricing
- 500–700Square Feet
Rent Specials
Sign a lease in 24 to 48 hours only!~~Sign a lease in 24 to 48 hours only!
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 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 $1,750 and having 500–700 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
Studio
From $1,750
Studio, 1 Bath, 500-600 sq ftAvailable Jan 15, 2026Availability Details
Price Availability Date Unit Sq Ft From $1,750 January 15, 2026 Studio 500-600 sq ft Model Amenities and Features
Features
- Air Conditioning
- Ceiling Fans
- Heating
- Washer/Dryer
Kitchen
- Dishwasher
- Granite Countertops
- Ice Maker
- Island Kitchen
- Pantry
- Stainless Steel Appliances
Living Space
- Hardwood Floors
Model Rent and Fees
Model Price Range
- $1,750 - $1,800
$1,750
More 0 bedroom units
Studio, 1 Bath, 600 sq ftAvailable January 15, 2026Availability Details
Price Availability Date Unit Sq Ft $1,750 January 15, 2026 504 600 Unit 504 Amenities and Features
Features
- Air Conditioning
- Ceiling Fans
- Heating
- Washer/Dryer
Kitchen
- Dishwasher
- Granite Countertops
- Island Kitchen
- Stainless Steel Appliances
Living Space
- Hardwood Floors
- Tile Floors
Unit 504 Rent and Fees
Unit Price
- $1,750
Apartment Unit: 504Apartment Model: STUDIO$1,750Studio, 1 Bath, 600 sq ftAvailable January 15, 20261 Bedroom
1BR/1.0BA
From $2,250
1 Bed, 1 Bath, 700 sq ftAvailable January 15, 2026Availability Details
Price Availability Date Unit Sq Ft $2,250 January 15, 2026 503 700 Unit 503 Amenities and Features
Features
- Air Conditioning
- Ceiling Fans
- Heating
- Washer/Dryer
Kitchen
- Dishwasher
- Granite Countertops
- Stainless Steel Appliances
Living Space
- Hardwood Floors
- Tile Floors
Unit 503 Rent and Fees
Unit Price
- $2,250
Model Rent and Fees
Model Price Range
- $2,150 - $2,250
Apartment Unit: 503Apartment Model: 1BR/1.0BA$2,2501 Bedroom, 1 Bath, 700 sq ftAvailable January 15, 2026
Schedule a Tour
Property Information
- 41 Units
- 5 Stories
- Built in 1975
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Lease Terms
- 12 months
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the calculator to add these fees to the base rent.
Required Fees
One-Time Move-In Fees
- Due at Move-In
- Move-In FeeiNo security deposit. Non-refundable move-in fee of $399.$399
Pet Policy and Fees
Cats
- 2 Pet Limit
- $50 Monthly Pet Rent
- $250 Fee
- 100 Lb Weight Limit
Dogs
- 2 Pet Limit
- $50 Monthly Pet Rent
- $250 Fee
- 100 Lb Weight Limit
Parking Info and Fees
- Coveredi$225/month for covered parking.
- $225/Mo
- Surface Loti$175/month for uncovered parking.
- $175/Mo
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.
Features and Amenities
On-Site Services
- Property Manager On Site
- 24 Hour Access
- Laundry Facilities
Community Features
- Elevator
Outdoor Features
- Waterfront
- Controlled Access
Recreation and Fitness
- Walking/Biking Trails
Interior Features
- Heating
- Tub/Shower
- Ceiling Fans
- Washer/Dryer
- Air Conditioning
Kitchen Amenities
- Dishwasher
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Island Kitchen
- Quartz Countertops
- Disposal
- Freezer
- Stainless Steel Appliances
- Ice Maker
- Kitchen
- Granite Countertops
Living Area Features
- Vinyl Flooring
- Family Room
- Hardwood Floors

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation

Map
Hours and Contact Info
| 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 |
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
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.
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 $1,750 to $2,250
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?
Call us today to find out our pet policy and if we allow pets
Are there any rent specials?
The current rent special at 505 W Melrose Street is: Sign a lease in 24 to 48 hours only!~~Sign a lease in 24 to 48 hours only!.
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Nearby Schools
Nettelhorst Elementary School
Lake View High School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from 505 W Melrose Street.
Arts Museums and Landmarks
Big Box and Retail
Walgreens
Aldi
Menards
Colleges and Universities
City College of Chicago, Harry S. Truman - Harry S. Truman Campus
Groceries
Jewel-Osco
Trader Joe's
Whole Foods
Hospitals
Hotspots
Parks and Recreation
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
Shopping Centers
505 W Melrose Street has 5 shopping centers within 0.5 miles.
Transit Stations
Belmont Station (Brown, Purple, Red Lines)-Red Line
Belmont Station (Brown, Purple, Red Lines)-Brown Line
Belmont Station (Brown, Purple, Red Lines)-Purple Line
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Studio Apartments | $1,886 | $550 | $7,500 |
| Chicago 1 Bedroom Apartments | $2,332 | $725 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,865 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,460 | $788 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,977 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,061 | $2,500 | $10,000+ |
| Chicago 6 Bedroom Apartments | $15,699 | $4,795 | $10,000+ |
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