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516 W Melrose Street # 503 Chicago, IL ^$ 1,400

516 W Melrose Street # 503

^$ 1,400

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Recently Listed

516 W Melrose Street # 503

Chicago, IL, 60657

^$ 1,400

Studio Baths1.0 Sq 400

516 W Melrose Street # 503, Chicago, IL 60657 - Image 1

516 W Melrose Street # 503, Chicago, IL 60657 - Image 2

516 W Melrose Street # 503, Chicago, IL 60657 - Image 3

516 W Melrose Street # 503, Chicago, IL 60657 - Image 4

516 W Melrose Street # 503, Chicago, IL 60657 - Image 5

516 W Melrose Street # 503, Chicago, IL 60657 - Image 6

516 W Melrose Street # 503, Chicago, IL 60657 - Image 7

516 W Melrose Street # 503, Chicago, IL 60657 - Image 8

516 W Melrose Street # 503, Chicago, IL 60657 - Image 9

Studio

Property for Rent in Chicago, IL

for $1,400 with 1 full bath. This 400 square foot property was built in 1970.

Vintage East Lakeview studio/1 bath with gas and heat included. Tons of closets. Parking available - currently 1-2 month waitlist. Cat-friendly. No pet rent.

Rental Active

Price

^$ 1,400

Bedrooms

Studio

Full Bath

Taxes

^$ 0

Style

Mid Rise (4-6 Stories),Studio

Year Built

1970

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12599810

Features

General

Living Area 400

Sewer Public Sewer

Heating Radiator(s)

Cooling Wall Unit(s)

Possession Closing

Appliances Range Refrigerator

Garage Spaces 1

Construction Materials Brick

Pets Allowed Cats OK

Year Built 1970

Township North Chicago

Unit Number 503

County Cook

Property Type Residential Lease Residential Lease

Association Amenities Coin Laundry Elevator(s) Intercom

Rent Includes Gas Heat Water Snow Removal

Total Rooms 2

Full Baths 1

Status New

Directions Lake Shore Drive west on Melrose to property

City Chicago

High School District 299

MLS Area CHI - Lake View

Ok to Lease 12 Months

Availability Date 2026-05-04

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Sub Type Mid Rise (4-6 Stories) Studio

Interior

Basement None

Furnished Y/N No

Total Stories 4

Half Baths 0

Total Bedrooms 0

Room Type No additional rooms

Total Baths 1

Bedrooms Possible 0

Total Number of Units 40

Exterior

Parking Features Asphalt Yes Attached Garage

Water Source Lake Michigan

Total Parking 2

Lot Dimensions COMMON

Waterfront Y/N N

* Excluded Features

List By

Fulton Grace Realty

Broker

provito@fultongrace.com; car@patrickrovito.com

Nearby

Trends
Schools

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/24/2026	$1,400		Listed Price

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516 W Melrose Street # 503, Chicago, IL, 60657 is a Property for Rent at $1,400 with 400 sqft. 516 W Melrose Street # 503 is a studio with 1.0 baths and was built in 1970. The property's zip code is 60657 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 3/25/2026.

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516 W Melrose Street # 503

Property for Rent in Chicago, IL

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