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Updated 6 hours ago

Melrose Shores

VERIFIED

520 Melrose Ave. Chicago, IL

Studio
•
1 Bath

400 Sq. Ft.

Available starting Jan. 1st
Deal
Limited Availability! Applicable to new residents on 12+ month leases. Terms and conditions apply. Contact us for additional details.
Studio • 1 Bath
$1,315
400 ft2
1 Available
5204D
$1,315
Available Jan 1st, 2025
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View Rented Units
1 Bed • 1 Bath
$1,400 - $1,915
560 ft2
0 Available
-
$1,400
Rented
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5204H
$1,410
Rented
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5203B
$1,820
Rented
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5205H
$1,675+
Rented
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5203H
$1,720
Rented
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5202B
$1,745
Rented
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1 Bed • 1 Bath
$1,370 - $1,625
580 ft2
0 Available
-
$1,370
Rented
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5203C
$1,600
Rented
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5202C
$1,470+
Rented
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5205C
$1,625
Rented
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1 Bed • 1 Bath
$1,295 - $1,790
540 ft2
0 Available
-
$1,295+
Rented
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5203A
$1,505+
Rented
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5202A
$1,500+
Rented
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5205J
$1,490+
Rented
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5204J
$1,480+
Rented
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5204A
$1,510+
Rented
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5203J
$1,750+
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
91
Walker's Paradise
Transit Score®
80
Excellent Transit
Bike Score®
89
Very Bikeable
Amenities
On-site Laundry
Air Conditioning
Refrigerator
Public Transportation
On Bus Line
Hardwood Floors
24-hour Maintenance
Freezer
Online Payments
Online Community Portal
Near Hospital
Near Grocery Store
Near Fire Department
Near Campus
Secured Entry
Bath Tub
High-speed Internet
Cable-ready
Range / Oven
Living Room
Balcony, Deck, Patio
Dishwasher
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Restrictions:

Please contact the Leasing Team for more information regarding any applicable non-refundable pet fees, pet rent, and breed restrictions.

Parking
Covered Parking
Lease & Fees
Lease Length: 12 months
Property details
Description

Limited Availability!Applicable to new residents on 12+ month leases. Terms and conditions apply. Contact us for additional details.

Additional Details
Total Unit Count: 36
Last Updated: Updated 6 hours ago
Contact Number: (888) 776-8093
Property manager information
Group Fox Management
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Office Hours
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
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Photos Floor Plans Amenities
About Melrose Shores
Melrose Shores, managed by Group Fox, is a charming rental property located at 520 Melrose Ave in the vibrant city of Chicago, IL. This property offers studio and 1-bedroom floor plans, providing options to suit a variety of lifestyles. The units range in size from 400 to 580 square feet, offering ample space for comfortable living.

Melrose Shores boasts a range of desirable amenities, including air conditioning to keep residents cool during those hot summer months. Covered parking ensures convenience and peace of mind for those with vehicles, while a balcony, deck, or patio offers the perfect space to relax outdoors. With the added convenience of a dishwasher and on-site laundry facilities, daily chores become a breeze. Melrose Shores is also dog and cat friendly, ensuring that furry friends are welcome in this community.

Situated within close proximity to popular neighborhoods such as Boystown, Wrigleyville, and Alta Vista Gardens, Melrose Shores is surrounded by an array of dining, shopping, and entertainment options. The property is conveniently located on the bus line, offering easy access to public transportation for commuters and those looking to explore the city.

If you are interested in living at Melrose Shores, act quickly as availability is limited! Don't miss out on the chance to call this lovely property home.
Neighborhood
Lakeview
Ultimate Energy, Nightlife and Young Crowds in Chicago’s Lakeview

Chicago is home to many iconic professional sports teams. The White Sox, The Bears, The Bulls, The Blackhawks and of course the perennially--until recently--cursed but loved Chicago Cubs. If you’re a Cubs fan — and who isn’t? — the neighborhood called Lakeview is the home of Wrigley Field, the major league baseball stadium that seems to pop up in the center of the neighborhood from nowhere. The venerable Major League Baseball stadium was first constructed in 1914 when the Chicago Whales played in what was called the Federal League.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Melrose Shores by bedroom type below.
Studio
Suggested income:
$47,300
per year
Rent report

Melrose Shores Rent vs. Chicago Average

 Melrose Shores      Chicago Average
Studio
$1,315
$1,591
$0
$550
$1,100
$1,650
$2,200

Melrose Shores is asking 17% less than the average studio apartment in Chicago.

If you upsized to an average priced Chicago 1 bedroom apartment, you would pay 20% more per month.

Melrose Shores provides 16% less square footage than the average Chicago studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Melrose Shores
Studio $1,315 $3.30 $3,945
Chicago Average
Studio $1,591 $3.40 $4,774
1BR $1,991 $2.80 $5,972
2BR $2,421 $2.50 $7,264
3BR $3,006 $2.40 $9,018
4BR $2,951 $1.90 $8,853

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 3,927 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
20% 37% 31% 11% 2%
Available Units in Chicago
Studio 2,098
1BR 3,927
2BR 3,313
3BR 1,136
4BR 220
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Richardson Library 1.9 mi 36 min 12 min 4 min
DePaul University Quad 1.9 mi 37 min 13 min 4 min
Wish Field 1.9 mi 37 min 14 min 4 min
Lincoln Park Student Center 1.9 mi 38 min 13 min 4 min
Meyer Fitness and Rec Center 2.0 mi 39 min 13 min 4 min
Nearby Hospitals
Name Distance
Advocate Northside Health Network Dba Illinois Masonic Medical Center 0.55 mi.
Presence Saint Joseph Hospital 0.6 mi.
Thorek Memorial Hospital 1.05 mi.
Nearby Fire Stations
Name Distance
Superior Volunteer Fire & Ems 2.6 mi.
Lawrence Volunteer Fire Department 2.66 mi.
Chicago Fire Department 3.03 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on January 01, 2025.
What's the square footage of the available units?
It's 400 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Melrose Shores has a studio unit starting at $1,315.
Where is this property located?
This property is at 520 Melrose Ave. in Chicago, IL. It's 0.9 miles southeast from the center of Chicago.
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