421 W. Melrose – The Eddystone condos for sale

421 West Melrose - The Eddystone

A few vintage condos are for sale at 421 West Melrose – The Eddystone. Here’s a review of the building and the condo for sale along with photos and details.

THE LOCATION

421 W Melrose is located just west of Lake Shore Drive and one block north of Belmont in East Lakeview. The building currently has a Walk Score of 95 and a Transit Score of 79. The Red, Purple and Brown Line are all less than 3/4 of a mile away by Belmont and Sheffield. See 421 W Melrose’s interactive Walk Score Map below.

THE BUILDING

421 W Melrose built in 1929 houses 77 condos in 21 stories. It has a 24 hour door person, exercise room, and roof deck. The elevator foyers on each floor are shared by 2 condos at most. B and C tiers are on the east side of the building. A and D tiers are on the west side. A small portion of the condos have deeded parking. Pets are ok. According to one of the listing agents, the building has $400K in reserves and has set a goal to have $1M in reserves in the next year. A special $1M assessment was recently assessed to pay off $500K in debt and make safety and cosmetic upgrades.

421 West Melrose 21BC Living Room

THE CONDOS

Unless otherwise noted, these vintage condos have window air conditioners and in-unit laundry. Some have Space Pac air conditioning. Cooking appliances can be gas. None of the condos have balconies. Second exits from all condos are close to a service elevator and a stairway. Many of the condos have the original herringbone hardwood floors and the original large cedar closet just off the living room.
The Eddystone does allow owners to rent.
The most recent sale at The Eddystone was 1C a spacious 3 bedroom which sold in November 2013 for $550,000.

THE EDDYSTONE – 421 W MELROSE, CHICAGO, IL 60657 WALK SCORE MAP

ALL CONDOS FOR SALE AT THE EDDYSTONE – 421 W MELROSE, CHICAGO, IL 60657
CHECK BACK FOR NEW LISTINGS

Address
Price
Beds
Baths
SqFt
More Info
Notes on Condos I've Previewed/Shown
421 W Melrose St 22 BCD$1,295,000541/24900Photos & Info22 BCD is a very large combined unit vintage Penthouse.
421 W Melrose St 5A$239,000111240Photos & InfoUnder Contract
421 W Melrose St 1D $330,000321357Photos & Info
421 W Melrose St 5B $539,900332100Photos & InfoUnder Contract
421 W Melrose St 2C $559,900332100Photos & InfoUnder Contract

If you like 421 W Melrose, you may also like an East Lakeview vintage co-op, 3500 N Lake Shore Drive.

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ABOUT THE AUTHOR

Mary Kaye Buettgen Mary Kaye Buettgen shows, previews and tracks Lakeview and Lincoln Park homes for sale giving her the insights needed to help her clients negotiate the best price and terms. To schedule showings for any listings, get a free market analysis for your home or to contact Mary Kaye email her at marykaye.buettgen@bairdwarner.com or call 847.651.3955. Learn More

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