516 W Melrose

Chicago, IL 60657
(773) 985-6320
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516 W Melrose

516 W Melrose
Chicago, IL 60657
(773) 985-6320
516 W Melrose in Chicago, IL - Building Photo
Studio - Condo for Rent
  • Studio, 1BACondo
  • $1,350Price
  • 400Square Feet
  • 11-01-2025Availability

About 516 W Melrose

We now offer virtual video tours of all of our apartments! Schedule a virtual tour and rent this apartment from the comfort and safety of your home! Apply online! Unforgettable studio in East Lakeview on Melrose features newer kitchen, spacious living area,, good closet space, hardwood floors, bright and sunny windows, newer bathroom laundry room in building, and pets are welcome! Steps to the beach, Lake Shore Drive Express Bus, shopping, nightlife, and restaurants! UA1701 Won't Last Long!

516 W Melrose is located in the Lakeview Neighborhood and 60657 Zip code of Chicago, IL.

Property Contact Info

Lease Terms

  • 12

Features and Amenities

Unique Amenities

  • SharedYard

On-Site Services

  • Laundry Facilities

Interior Features

  • Cable Ready

Kitchen Amenities

  • Range
  • Refrigerator

Living Area Features

  • Hardwood Floors
Google Map

Map

516 W Melrose, Chicago, IL 60657

Frequently Asked Questions about 516 W Melrose

What type of rentals are available at 516 W Melrose?

There is currently a 0 Bed 1 Bath Condo for rent with 400 listed at 516 W Melrose. It is Available November 1, 2025.

How much is the rent at 516 W Melrose?

516 W Melrose is currently listed at $1,350.

What area of town is 516 W Melrose located in?

Located in the Lakeview Neighborhood, 516 W Melrose is in the 60657 Zip Code of Chicago, IL.

Lifestyle Ratings

  • Affordability 3.8

    The Affordability rating shows you how this community's most affordable floorplan pricing relates to the local average.

Learn more about Lifestyle Search

Nearby Schools

Lake View High School

Chicago Public Schools
4015 North Ashland Avenue
Public School - Grades 9-12 (1417 Students)
3/10

Nettelhorst Elementary School

Chicago Public Schools
3252 North Broadway
Public School - Grades PK-8 (625 Students)
9/10
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 516 W Melrose.

Arts Museums and Landmarks

Wrigley Field

1060 W Addison St
2 minute drive / 0.98 miles away

Peggy Notebaert Nature Museum

2430 N. Cannon Drive
3 minute drive / 1.01 miles away

Steppenwolf Theatre

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

DePaul University - Lincoln Park Campus

55 E Jackson
3 minute drive / 1.33 miles away

City College of Chicago, Harry S. Truman - Harry S. Truman Campus

1145 West Wilson Avenue
5 minute drive / 1.95 miles away

DeVry University-Illinois

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

Supernatural Chicago

632 N. Dearborn
6 minute drive / 3.25 miles away

Parks and Recreation

Oak Street Beach

1000 North Lake Shore Drive
5 minute drive / 2.7 miles away

Wendella Boats

400 North Michigan Avenue
7 minute drive / 3.59 miles away

Funhouse Maze

600 E. Grand Avenue
8 minute drive / 3.8 miles away

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

Restaurants and Dining

Soprano's Italian Restaurant

2901 N Sheffield Ave
2 minute drive / 0.8 miles away

Margie's Candies

1960 N Western Ave
6 minute drive / 2.9 miles away

Dick's Last Resort

435 E Illinois
7 minute drive / 3.6 miles away

Shopping Centers

Broadway Street Center

3139-3145 N Broadway St
1 minute drive / 0.23 miles away

European Walk Shopping Center

3300-3332 N Broadway St
1 minute drive / 0.29 miles away

3030 North Broadway

3030 N Broadway St
1 minute drive / 0.31 miles away

516 W Melrose has 5 shopping centers within 0.5 miles.

Transit Stations

Belmont Station (Brown, Purple, Red Lines)-Red Line

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

Belmont Station (Brown, Purple, Red Lines)-Brown Line

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

Belmont Station (Brown, Purple, Red Lines)-Purple Line

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

Nearby Neighborhoods

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Nearby Apartments

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Chicago Studio Apartments $1,871$575$10,000+
Chicago 1 Bedroom Apartments $2,351$750$9,250
Chicago 2 Bedroom Apartments $2,991$850$10,000+
Chicago 3 Bedroom Apartments $3,615$788$10,000+
Chicago 4 Bedroom Apartments $3,774$650$10,000+
Chicago 5 Bedroom Apartments $9,261$1,650$10,000+
Chicago 6 Bedroom Apartments $26,768$10,000$10,000+

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Viewing: 516 W Melrose | Desktop Version | Listing Updated: 09/09/2025