Last Updated: 4 Hrs. Ago

Sign a lease in 24 to 48 hours only!

Sign a lease in 24 to 48 hours only!

Monthly Rent

$1,750 - $2,250

Beds

Studio - 1

Baths

1

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Note: Based on community-supplied data and independent market research. Subject to change without notice.

Lease Terms

12 months

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the calculator to add these fees to the base rent.

  • One-Time Basics
    • Due at Move-In
      • Move-In Fee
        No security deposit. Non-refundable move-in fee of $399.
        $399
        No security deposit. Non-refundable move-in fee of $399.

About 505 W Melrose Street

Brand-New Apartments in the Heart of Lakeview East! Live in a newly renovated building just steps from shopping, dining, and the lakefront. The property features a newly updated lobby and front entry doors for a modern, welcoming feel. Kitchens include granite countertops, modern cabinetry, LG gas ranges, built-in microwaves, dishwashers, and stylish tile finishes throughout. Updated bathrooms feature walk-in showers with sliding glass doors, white marble floors, and modern vanities. Apartments are bright and inviting with large windows, recessed lighting, refinished hardwood floors, new doors, and in-unit washer/dryer (in select units). Located on a quiet street in Lakeview East, this building boasts a 92 Walk Score — close to Belmont Harbor, public transit, and Lake Shore Drive. Enjoy peaceful living while staying near great restaurants, shops, and entertainment. Highlights: - Studios & 1-bedrooms - In-unit laundry (select units) - Gated parking available - Central heat & A/C units provided - No security deposit, soft credit check - Utility fee covers gas, water, sewer & trash (tenants pay only for electricity and internet).

505 W Melrose Street is located in Chicago, Illinois in the 60657 zip code. This apartment community was built in 1975 and has 5 stories with 41 units.

Community Features

  • Laundry Facilities
  • 24 Hour Access
  • Elevator
  • Waterfront
  • Walking/Biking Trails

Floorplan Amenities

  • Washer/Dryer
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Tub/Shower
  • Dishwasher
  • Disposal
  • Ice Maker
  • Granite Countertops
  • Stainless Steel Appliances
  • Pantry
  • Island Kitchen
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Quartz Countertops
  • Hardwood Floors
  • Tile Floors
  • Vinyl Flooring
  • Family Room

Parking

Surface Lot

$175/month for uncovered parking. $175

Covered

$225/month for covered parking. $225

Security

  • Controlled Access
  • Property Manager on Site
  • Gated

Pet Policy

Dogs Allowed

Pets ok - No pets over 100lbs and limited to two pets max per unit. $250 non-refundable initial pet fee (upfront) and then $50/mo after that regardless of how many pets.

  • $50 Monthly Pet Rent
  • $250 Fee
  • 100 lb Weight Limit
  • 2 Pet Limit

Cats Allowed

Pets ok - N no pets over 100lbs and limited to two pets max per unit. $250 non-refundable initial pet fee (upfront) and then $50/mo after that regardless of how many pets.

  • $50 Monthly Pet Rent
  • $250 Fee
  • 100 lb Weight Limit
  • 2 Pet Limit

Airport

  • Chicago O'Hare International

    Drive: 25 min 15.1 mi
  • Chicago Midway International

    Drive: 26 min 16.8 mi

Commuter Rail

  • Clybourn Station

    Drive: 6 min 3.0 mi
  • Ravenswood Station

    Drive: 7 min 3.1 mi
  • Chicago Millennium Station

    Drive: 9 min 4.6 mi
  • Chicago Ogilvie Transportation Center

    Drive: 10 min 4.6 mi
  • Peterson/Ridge

    Drive: 8 min 5.1 mi

Transit / Subway

  • Belmont Station (Brown, Purple, Red Lines)

    Walk: 12 min 0.7 mi
  • Wellington Station

    Walk: 17 min 0.9 mi
  • Addison Station (Red Line)

    Walk: 17 min 0.9 mi
  • Diversey Station

    Drive: 2 min 1.1 mi
  • Sheridan Station

    Drive: 3 min 1.3 mi

Universities

Parks & Recreation

  • Notebaert Nature Museum

    Drive: 3 min 1.5 mi
  • Lincoln Park

    Drive: 3 min 1.8 mi
  • Lincoln Park Zoo

    Drive: 3 min 1.8 mi
  • Oz Park

    Drive: 4 min 2.1 mi
  • Wrightwood Park

    Drive: 5 min 2.3 mi

Shopping Centers & Malls

Military Bases

Schools

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Lake View East in Chicago, IL

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