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
  • 1 Bedroom Bedrooms
  • $1,850–$2,150Rent Pricing
  • 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 1 Bedroom apartments starting from $1,850 and having 750 sq ft. Here is the current pricing and availability:

    • 1 Bedroom

      From $1,850

      1BR/1.0BA

      1 Bed, 1 Bath, 750 sq ftAvailable Jul 15

      Availability Details

      PriceAvailability DateUnitSq Ft
      From $1,850July 15, 20251BR/1.0BA750 sq ft

      Model Amenities and Features

      Features

      • Air Conditioning
      • Ceiling Fans
      • Heating
      • Washer/Dryer

      Kitchen

      • Dishwasher
      • Granite Countertops
      • Ice Maker
      • Stainless Steel Appliances

      Living Space

      • Hardwood Floors

      Model Rent and Fees

      Price Range

      • $1,850 - $2,150
    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

    • 12 months

    Pet Policy

    Pet Policy - Cats

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

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

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

    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

    • 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
    • Disposal
    • Freezer
    • Stainless Steel Appliances
    • Ice Maker
    • Kitchen
    • Quartz Countertops
    • Granite Countertops

    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?

    1 Bedrooms at 505 W Melrose Street is $1,850. Call today for more info!

    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

    Lifestyle Ratings

    • Affordability Good Value3.6

      The 505 W Melrose Street Apartments are 13.9% cheaper than the average apartment in the Lakeview area, and 29.7% cheaper than the average apartment city-wide.

      Rent Comparison to the Lakeview Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      1 Bedroom$1,850$2,149-$299-13.9%

      Rent Comparison to the city of Chicago

      FloorplanLowest Price HereCity Average RentCost Difference%
      1 Bedroom$1,850$2,633-$783-29.7%

      Methodology: On 06/06/2025, ApartmentHomeLiving.com compared current rents by floorplan to 1370 other apartment communities in the immediate area around 505 W Melrose Street (Lakeview), and 9323 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 06/06/2025

    • Transit Friendly 3.2

      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
    8/10

    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

    Presence Saint Joseph Hospital - Chicago
    2900 North Lake Shore Drive
    1 minute drive / 0.46 miles away
    Advocate Illinois Masonic Medical Center
    836 West Wellington Avenue
    1 minute drive / 0.65 miles away
    Thorek Memorial Hospital
    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 6 Bedroom Apartments from $1,095
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    Studio to 5 Bedroom Apartments from $975
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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Chicago Studio Apartments $2,062$575$10,000+
    Chicago 1 Bedroom Apartments $2,633$750$10,000+
    Chicago 2 Bedroom Apartments $3,207$850$10,000+
    Chicago 3 Bedroom Apartments $3,723$825$10,000+
    Chicago 4 Bedroom Apartments $3,677$875$10,000+
    Chicago 5 Bedroom Apartments $4,395$1,000$10,000+
    Chicago 6 Bedroom Apartments $6,995$6,995$6,995

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    Viewing: 505 W Melrose Street | Desktop Version | Listing Updated: 06/16/2025 | AHLGLD