Compared to median rents in 60657, Lakeview
vs. Neighborhood
35% below median
Best Time to Move
Cheapest: April
Based on listing data. Range shows min-max asking rents.
How amenities, location, and building condition affect your rent
Based on listing data
Amenity premiums in this area
Below neighborhood average
Potential savings: ~34% by timing your move
17 questions answered
Based on recent listing data, rent for a studio at 516 W MELROSE ST, Chicago, IL is approximately $1,400 per month.
Based on recent listing data, rent for a studio at 516 W MELROSE ST, Chicago, IL is approximately $1,550 per month.
Based on recent listing data, rent for a studio at 516 W MELROSE ST, Chicago, IL ranges from $1,220 to $1,595 per month, with a median of $1,350.
Based on recent listing data, rent for a 1-bedroom at 516 W MELROSE ST, Chicago, IL is approximately $1,995 per month.
Based on recent listing data, rent for a 1-bedroom at 516 W MELROSE ST, Chicago, IL ranges from $1,550 to $1,825 per month, with a median of $1,695.
Based on available records, 516 W MELROSE ST, Chicago, IL is not currently registered as rent stabilized. Rents at this building are likely set at market rate.
The registered owner of 516 W MELROSE ST, Chicago, IL is James Preusen. You can view their full portfolio of buildings on Lucid Rents.
516 W MELROSE ST, Chicago, IL, owned by James Preusen, has an overall grade of B (3.9/5) on Lucid Rents. The building has 22 recorded violations. Check tenant reviews for firsthand experiences.
516 W MELROSE ST, Chicago, IL has an overall grade of B with a score of 3.9 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Yes, 516 W MELROSE ST, Chicago, IL has 22 housing violations on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
Yes, 516 W MELROSE ST, Chicago, IL has 22 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.
516 W MELROSE ST, Chicago, IL offers 19 amenities including Controlled Access, Elevator, Pet Friendly, Dishwasher, Hardwood Flooring, Extra Storage, Fitness, Elevator, and more. View the full amenity list on the building page.
516 W MELROSE ST, Chicago, IL lists pet-friendly amenities (Pet Friendly, Pet Friendly). Contact the building management to confirm current pet policies and any breed or size restrictions.
Yes, 516 W MELROSE ST, Chicago, IL offers laundry amenities: Dishwasher, Laundry Room, W/d.
516 W MELROSE ST, Chicago, IL offers the following security and access amenities: Controlled Access, Security.
516 W MELROSE ST, Chicago, IL has 3 transit options nearby. The closest include: bus: Lincoln & Dickens/Cleveland (37), 1.5 mi away.
The 60657 zip code where 516 W MELROSE ST, Chicago, IL is located has 8,875 crime incidents on record. Check the neighborhood report card for 60657 for a full breakdown by crime type.
| Type | Price Range |
|---|---|
| Studio | $1,550 |
| Unit | Rent | As Of |
|---|---|---|
| — | $1,350/mo | Apr 2026 |
| — | $1,450/mo | Mar 2026 |
| — | $1,550/mo | Mar 2026 |
| — | $1,575/mo | Mar 2026 |
| — |
| $1,450/mo |
| Mar 2026 |
| — | $1,575/mo | Mar 2026 |
| — | $1,400/mo | Mar 2026 |
| — | $1,495/mo | Mar 2026 |
| — | $1,695/mo | Mar 2026 |
| — | $1,550/mo | Mar 2026 |
| Unit | Rent | As Of |
|---|---|---|
| — | $1,695/mo | Apr 2026 |
| — | $1,995/mo | Mar 2026 |
| — | $2,100/mo | Mar 2026 |
| — | $1,950/mo | Mar 2026 |
Based on listing data
MAINTAIN OR REPAIR HYDRO ELEVA
Disposition: COMPLIED
MAINTAIN OR REPAIR HYDRO ELEVA
Disposition: COMPLIED
MAINTAIN OR REPAIR HYDRO ELEVA
Disposition: COMPLIED
MAINTAIN OR REPAIR HYDRO ELEVA
Disposition: COMPLIED
MAINTAIN OR REPAIR HYDRO ELEVA
Disposition: COMPLIED