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421 W Melrose St #21AD, Chicago, IL, 60657

4beds
3baths
3,400sqft
$599,900
$176price/sqft
$4,280/moest. monthly cost
$171,200/yrincome needed

About This Home

The Eddystone, located at 421 W Melrose Street. Constructed in 1929 and housing 77 distinguished condominiums across 21 stately stories. Upon entering off the private elevator, you are greeted by a graceful foyer with original ceiling arches. Ascend two steps up into a double living room that serves as the heart of this 3400+ sq ft home, featuring a hand-carved, finely detailed original marble fireplace that stands as a masterpiece of artisanal craftsmanship. Solid oak floors, set in a beautiful parquet and herringbone pattern, span the entirety of the home. Natural light floods the space through a series of elegant French swinging windows-gracing both the living room and Dining room. For those seeking functionality, the home offers an optional library or flexible office space adjacent to the living room. Culinary enthusiasts will delight in the expansive kitchen with an adjoining large eat in area, with its ample storage. The primary ensuite bedroom is a sanctuary of relaxation, featuring a cozy sitting area, and panoramic views of the western horizon and Lake Michigan. Two additional spacious bedrooms, complemented by a total of three full bathrooms. The 4th bedroom is being used as a small TV room off the Primary bedroom. Residents also enjoy thoughtful amenities. A recently added rooftop deck and a refreshed laundry and workout facilities. A dedicated 24-hour door person and on-site part-time management & security. One block off the sparkling lakefront along with the vibrant charm of East Lakeview's premier shops and dining. This remarkable listing offers a residence with architectural integrity and an unbeatable urban location.

Getting Around

92
WalkingWalker's Paradise
80
TransitExcellent Transit
89
BikeVery Bikeable

Schools

8/10
3/10
Lake View High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1929

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Single Family Residence

Interior

Appliances

  • Laundry features: Main Level,Gas Dryer Hookup,Electric Dryer Hookup,In Unit

Basement

  • Basement: None

Bedroom2

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 221
  • Dimensions: 17X13

Bedroom3

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 204
  • Dimensions: 17X12

Bedroom4

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 144
  • Dimensions: 12X12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Den

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 209
  • Dimensions: 19X11

Dining Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 396
  • Dimensions: 22X18

Family Room

  • Features: Flooring (Hardwood)

Features

  • Elevator,Storage,Built-in Features,Walk-In Closet(s),Bookcases,High Ceilings,Historic/Period Mlwk
  • Door features: Door Monitored By TV
  • Window features: Screens
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Decorative,Living Room
  • Fireplace: Yes

Foyer

  • Features: Flooring (Marble)
  • Level: Main
  • Area: 65
  • Dimensions: 13X05

Heating & Cooling

  • Heating features: Natural Gas,Steam
  • Cooling features: Small Duct High Velocity

Interior Area

  • Total structure area: 0
  • Total interior livable area: 3,400 sqft

Kitchen

  • Features: Flooring (Ceramic Tile)
  • Level: Main
  • Area: 220
  • Dimensions: 22X10

Living Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 630
  • Dimensions: 35X18

Master Bedroom

  • Features: Flooring (Hardwood),Bathroom (Full)
  • Level: Main
  • Area: 437
  • Dimensions: 23X19

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 14213140631020
  • Special condition: List Broker Must Accompany

Features

  • Patio & porch: Roof Deck,Deck
  • Exterior features: Door Monitored By TV
  • Has view: Yes
  • View description: Back of Property
  • Has water view: Yes
  • Water view: Back of Property
  • Waterbody name: LAKE MICHIGAN

Parking

  • Total spaces: 2
  • Parking features: Off Site,Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$122$1,464
Property Taxes $864$10,368
Electricity $261$3,138
Total$4,280$51,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,742/yr
40% on housing$128,400/yr
45% on housing$114,133/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$176This listing

vs Other Active Listings

Avg $/sqft

ZIP 60657$407
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60657$527
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$599,900
2026-07-24Listing removed$599,000
2026-06-15Contingent$599,000
2026-06-09Listed for sale$599,000
2026-03-06Listing removed$689,000
2025-09-20Price change$689,000
2025-08-18Listed for sale$779,000
2025-08-11Listing removed$799,000
2025-08-07Listed for sale$799,000
2025-08-07Listing removed$999,000
2025-05-21Price change$999,000
2025-04-22Listed for sale$1,150,000
2021-04-26Sold$680,000
2021-01-21Price change$695,000
2020-09-11Price change$769,000
2020-07-02Listed for sale$799,000
2016-02-22Sold$655,000
2012-04-10Sold$540,000
2012-01-11Listed for sale$750,000
2012-01-11Listing removed$4,500
2011-10-21Listed for rent$4,500
2011-10-21Listing removed$699,000
2011-06-12Price change$699,000
2011-04-16Listed for sale$900,000
2000-10-30Sold$535,000

For Sale by Agent

AgentMonique Pieron
Brokerage@properties Christie's International Real Estate

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