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.
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.
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.
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
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Notes on Condos I've Previewed/Shown
|421 W Melrose St 22 BCD||$1,295,000||5||41/2||4900||Photos & Info||22 BCD is a very large combined unit vintage Penthouse.|
|421 W Melrose St 5A||$239,000||1||1||1240||Photos & Info||Under Contract|
|421 W Melrose St 1D||$330,000||3||2||1357||Photos & Info|
|421 W Melrose St 5B||$539,900||3||3||2100||Photos & Info||Under Contract|
|421 W Melrose St 2C||$559,900||3||3||2100||Photos & Info||Under Contract|
If you like 421 W Melrose, you may also like an East Lakeview vintage co-op, 3500 N Lake Shore Drive.