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97 Properties Within 0.5 miles of: 1505-1507 N Dearborn, Chicago
  • 1455 N Sandburg Unit 2403, Chicago, IL 60610
    Chicago

    1455 N Sandburg
    Unit 2403

    $299,900
    1 bed | 1 bath
    5 more available units at this address
    $419,900 Unit 2901B 2 bd / 1 ba
    $410,000 Unit 1501B 2 bd / 1 ba
    $399,900 Unit 209B 2 bd / 1 ba
    $285,000 Unit 608 1 bd / 1 ba
    $235,000 Unit 2907B 1 bd / 1 ba
  • 1455 N Sandburg Unit 209B, Chicago, IL 60610
    Chicago

    1455 N Sandburg
    Unit 209B

    $399,900
    2 bed | 1 bath
    5 more available units at this address
    $419,900 Unit 2901B 2 bd / 1 ba
    $410,000 Unit 1501B 2 bd / 1 ba
    $299,900 Unit 2403 1 bd / 1 ba
    $285,000 Unit 608 1 bd / 1 ba
    $235,000 Unit 2907B 1 bd / 1 ba
  • 1455 N Sandburg Unit 2901B, Chicago, IL 60610
    Chicago

    1455 N Sandburg
    Unit 2901B

    $419,900
    2 bed | 1 bath
    5 more available units at this address
    $410,000 Unit 1501B 2 bd / 1 ba
    $399,900 Unit 209B 2 bd / 1 ba
    $299,900 Unit 2403 1 bd / 1 ba
    $285,000 Unit 608 1 bd / 1 ba
    $235,000 Unit 2907B 1 bd / 1 ba
  • 1515 N Astor Unit 5A, Chicago, IL 60610
    Chicago

    1515 N Astor
    Unit 5A

    $850,000
    2 bed | 2 bath
  • 1500 N Lake Shore Unit 23C, Chicago, IL 60610
    Chicago

    1500 N Lake Shore
    Unit 23C

    $2,900,000
    3 bed | 3½ bath
  • 1 E Schiller Unit 12A, Chicago, IL 60610
    Chicago

    1 E Schiller
    Unit 12A

    $579,900
    3 bed | 2 bath
    1 more available unit at this address
    $650,000 Unit 22A 3 bd / 2 ba
  • 1 E Schiller Unit 22A, Chicago, IL 60610
    Chicago

    1 E Schiller
    Unit 22A

    $650,000
    3 bed | 2 bath
    1 more available unit at this address
    $579,900 Unit 12A 3 bd / 2 ba
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1505-1507 N Dearborn
Chicago, IL 60610

  • Built In 1888
1505-1507 N Dearborn, Chicago, IL 60610
Price

$4,895,000

Est Payment
$34,178 / month (details)  
Taxes
$125,366  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
25.1 X 132.4 X 41 X 132.4  
Built
1888  
Neighborhood
Gold Coast  
MLS
#12557284
Status
Active (1 day)
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Property Description

Welcome to 1505-07 N. Dearborn Parkway, a pair of adjacent vintage greystone apartment buildings located in the heart of the Gold Coast, one of Chicago's most prestigious and supply-constrained residential neighborhoods. The properties represent a rare value-add opportunity within a premier submarket where renovated rental inventory is limited and long-term demand remains exceptionally strong. Both buildings feature striking curb appeal, classic greystone architecture, and well-preserved vintage details that resonate with Gold Coast renters. A new investor could modernize apartment interiors, enhance finishes, and capitalize on the unique and desirable floor plans to achieve meaningfully higher rent levels, while preserving the historic character that defines the neighborhood. The properties are offered individually or as a portfolio. In addition, available are adjacent properties at 1511 & 1515 N. Dearborn Parkway, which are currently gutted and present optional upside for a value-add investor or developer.

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Property Details

Utilities

  • Heating
  • Cooling Central Air, Window Unit(s)
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
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Listing History

01-29-2026 Listed at $4,895,000
Last Modified 1/29/26 5:55 PM
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Nearby Transportation

  • Bus 36 0.1 mi
  • Bus 22 0.1 mi
  • Bus 9 0.1 mi
  • Bus 72 0.1 mi
  • Bus 73 0.2 mi
  • Bus 156 0.2 mi
  • Bus 151 0.2 mi
  • Bus 70 0.4 mi
  • Bus 37 0.4 mi
  • Bus 0.5 mi
  • Bus 143 0.8 mi
  • Bus 146 0.8 mi
  • Bus 147 0.8 mi
  • Bus 148 0.8 mi
  • Bus 157 0.8 mi
  • Red Line 0.4 mi
  • Brown Line 0.5 mi
  • Purple Line 0.5 mi
  • ZipCar 0.1 mi
  • I 90 East 1.2 mi
  • I 94 East 1.2 mi
  • I 90 West 1.2 mi
  • I 94 West 1.2 mi
  • I 290 East 2.4 mi
  • I 290 West 2.7 mi
  • I 55 South 3.8 mi
  • I 55 North 3.8 mi
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