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Melrose by the Lake earns strong marks overall, with a 7.9 expert rating supported by standout amenities, location, quality, and trustworthiness scores. Notable features include a fitness center, in-unit laundry, on-site parking, custom lighting, premium materials, and a quiet retreat setting, while the property is also supported by 24 photos and top-tier value per square foot.
Things you’ll love
More spaceCentral heatFireplaceGreat for
Pet owners
Wellness| 2BR/2.5BA | 2 bed | 2.5 bath | 1,560 sqft | $6,247 /mo | 1 unit available | ||
| 4BR/4.0BA | 4 bed | 4 bath | 2,995 sqft | $10,497 /mo | 1 unit available | 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. |
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 |
| Walk-in Closet | Window Coverings |
Appliances
| 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 | 17 |
|---|
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 108% 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 110% more than the average rent price for 4-bedroom apartments in Lakeview.
| Month | Median Rent |
|---|---|
| October 2024 | $1,590 |
| 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 | $1,658 |
| August 2026 | $1,650 |
| September 2026 | $1,650 |
| October 2026 | $1,700 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,450 |
| 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 | $1,608 |
| August 2026 | $1,573 |
| September 2026 | $1,528 |
| October 2026 | $1,502 |
Can I afford to live at 434 W Melrose St?
Bedrooms
Rent-to-income ratio
30%
$249,880/yr
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Lakeview | Chicago, IL
Near West Side • 1035 W Van Buren St
1–3 Beds
$2,845–$4,420
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Lincoln Park • 1730 N Clark St
1–3 Beds
$3,244–$11,482
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near North Side • 1 E Delaware Pl
1–2 Beds
$2,724–$4,598
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Loop • 1000 S Michigan Ave
1–3 Beds
$3,659–$9,859
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Loop • 29 S La Salle St
1–2 Beds
$2,670–$3,480
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Hyde Park • 5252 S Cornell Ave
1–2 Beds
$3,000–$4,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near West Side • 1015 W Lake St
2 Beds
$4,500
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.West Town • 740 N Aberdeen St
2 Beds
$4,614
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Near West Side • 1035 W Van Buren St
1–3 Beds
$2,845–$4,420
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Lincoln Park • 1730 N Clark St
1–3 Beds
$3,244–$11,482
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near North Side • 1 E Delaware Pl
1–2 Beds
$2,724–$4,598
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Loop • 1000 S Michigan Ave
1–3 Beds
$3,659–$9,859
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Loop • 29 S La Salle St
1–2 Beds
$2,670–$3,480
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Hyde Park • 5252 S Cornell Ave
1–2 Beds
$3,000–$4,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Near West Side • 1015 W Lake St
2 Beds
$4,500
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.West Town • 740 N Aberdeen St
2 Beds
$4,614
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
