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Melrose by the Lake stands out as a strong renter option with a 7.9 expert rating, especially for its excellent amenities, location, quality, and trustworthiness scores. Highlights include a fitness center, in-unit laundry, on-site parking, custom lighting, premium materials, and a quiet retreat feel, along with strong value per square foot, many photos, and features that support pet friendliness and wellness.
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More spaceFireplaceImages AvailableGreat for
Pet owners
Wellness| 2BR/2.0BA | 2 bed | 2 bath | 1,560 sqft | $6,347 /mo | 1 unit available | Welcome to Melrose by the Lake – Luxury Living in the Heart of Lakeview Step into refined city living at Melrose by the Lake Apartments, where boutique luxury meets timeless charm in Chicago’s vibrant Lakeview neighborhood. Each residence is thoughtfully crafted with high ceilings, custom-tiled bathrooms, and premium finishes that create a serene, sophisticated escape. Elevate your living experience with Bosch appliances, pre-wired HDTV setups, and custom lighting that brings both style and functionality home. Perfectly located just steps from the beautiful Lake Michigan shoreline and the lively Broadway Avenue, you’ll enjoy easy access to shops, dining, entertainment, and nature—all while being conveniently connected to public transit and major highways. At Melrose by the Lake, comfort and convenience come standard with must-have features like in-unit laundry, air conditioning, a fitness center, and on-site parking. Key Details: | |
| 4BR/4.0BA | 4 bed | 4 bath | 2,995 sqft | $10,397–$10,497 /mo | 2 units available | Welcome to Melrose by the Lake Apartments, a luxurious and sophisticated living space located in the vibrant Lakeview neighborhood of Chicago. Our boutique apartments are designed with exquisite features and attention to detail to redefine upscale living. Our apartments boast premium finishes, such as high ceilings and custom-tiled bathrooms, that make your home feel like a tranquil oasis. You also have the freedom to personalize your space with top-of-the-line Bosch appliances and pre-wired configurations for HDTVs and custom lighting to create the perfect ambiance. Located in the heart of Lakeview, you'll have the best of both worlds. Explore the natural beauty of the Lake Michigan shoreline or indulge in the convenience of nearby shopping and entertainment on Broadway Avenue. You'll have excellent access to public transportation and major highways to reach other areas of Chicago. Don't miss the opportunity to immerse yourself in the luxury and convenience of Melrose by the Lake Apartments. Contact us today to schedule a tour and discover the unparalleled lifestyle that awaits you. We are pet-friendly and offer in-unit laundry, parking, air conditioning, and utilities included in your rent. We offer leases for long-term and 12+ months, and there are 18 total units available. The move-in fee is $800, and the application fee is $25. Our pet policy allows cats and dogs with breed restrictions on non-aggressive common types, with a weight limit of 40lbs per pet. You can have up to two pets per unit, and a monthly pet fee of $75 for dogs and $50 for cats applies. We also offer parking for an additional $375/month, with a $150 registration fee. Our utility package includes a $285/month maintenance fee that covers cooking gas, hot water, and heat. Each apartment features a balcony, deck, or patio, central air conditioning, central heat, a fireplace, granite/quartz countertops, hardwood floors, separate dining room, stainless steel appliances, walk-in closets, and window coverings. Our building amenities include bike storage, business center, elevator, fitness center, free Wi-Fi in common areas, lounge, party room, secured entry, and storage space. You can visit our leasing office at Chicago Shoreline Apartments during our office hours from Mondays to Fridays, 10 AM to 5 PM. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
| Central Air Conditioning | Central Heat |
| Deck | Fireplace |
| Granite/Quartz Countertops | Hardwood Floor |
| Heating | Hot Water |
| In Unit W/D | Patio |
| Utilities Included | Walk-in Closet |
| Window Coverings |
Appliances
| Cooking Gas | Dishwasher |
| Microwave | Range |
| Refrigerator | Stainless Steel Appliances |
| Stove |
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 16 |
|---|
Apartments in ChicagoLakeview Timeless Comfort, Tailored for You Welcome to Melrose by the Lake!Timeless Comfort, Tailored for You Welcome to Melrose by the Lake! At Melrose by the Lake, we understand that home is more than just a place it's a reflection of your lifestyle, your standards, and your desire for both comfort and simplicity. Thoughtfully designed for residents who appreciate quality, our residences offer a quiet retreat in the heart of Chicago's Lakeview neighborhood. Each apartment is beautifully finished with high ceilings, custom-tiled bathrooms, and premium materials that speak to your sense of timeless style. Enjoy the ease of Bosch appliances, in-unit laundry, pre-wired HDTV setups, and custom lighting so everything just works, beautifully. Step outside and you're just moments from the serenity of Lake Michigan and the charm of Broadway Avenue, with its curated mix of shops, dining, and services. Whether you enjoy morning walks along the lakefront or a quiet dinner at your favorite local spot, everything you need is close at hand including public transit, major highways, and the best of the city without the downtown chaos. With on-site parking, a fitness center, and modern air-conditioned comfort, Melrose by the Lake is designed for those who value both ease of living and peace of mind. Discover refined city living made simple. Melrose by the Lake where your next chapter begins, comfortably.
How Timeless Comfort, Tailored for You Welcome to Melrose by the Lake! compares to other nearby properties.
Positives
Considerations
If you decide to upgrade your space, you can expect 2-bedrooms at Timeless Comfort, Tailored for You Welcome to Melrose by the Lake! to be 101% more than the average for similarly sized apartments in Lakeview.
4-bedroom apartments at Timeless Comfort, Tailored for You Welcome to Melrose by the Lake! cost about 96% more than the average rent price for 4-bedroom apartments in Lakeview.
| Month | Median Rent |
|---|---|
| July 2024 | $1,895 |
| August 2024 | $1,691 |
| September 2024 | $1,682 |
| October 2024 | $1,630 |
| November 2024 | $1,568 |
| December 2024 | $1,501 |
| January 2025 | $1,483 |
| February 2025 | $1,495 |
| March 2025 | $1,520 |
| April 2025 | $1,512 |
| May 2025 | $1,502 |
| June 2025 | $1,531 |
| July 2025 | $1,580 |
| August 2025 | $1,516 |
| September 2025 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| April 2026 | $1,637 |
| May 2026 | $1,684 |
| June 2026 | $1,691 |
| July 2026 | $1,672 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,525 |
| August 2024 | $1,495 |
| September 2024 | $1,495 |
| October 2024 | $1,467 |
| November 2024 | $1,473 |
| December 2024 | $1,483 |
| January 2025 | $1,448 |
| February 2025 | $1,485 |
| March 2025 | $1,492 |
| April 2025 | $1,495 |
| May 2025 | $1,498 |
| June 2025 | $1,540 |
| July 2025 | $1,506 |
| August 2025 | $1,460 |
| September 2025 | $1,450 |
| October 2025 | $1,450 |
| November 2025 | $1,416 |
| December 2025 | $1,434 |
| January 2026 | $1,479 |
| February 2026 | $1,519 |
| March 2026 | $1,585 |
| April 2026 | $1,595 |
| May 2026 | $1,638 |
| June 2026 | $1,648 |
| July 2026 | $1,622 |
Can I afford to live at 434 W Melrose St?
Bedrooms
Rent-to-income ratio
30%
$253,880/yr
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