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97 Properties Within 0.5 miles of: 1505-1507 N Dearborn, Chicago
  • 1540 N Lasalle Unit 907, Chicago, IL 60610
    Chicago

    1540 N Lasalle
    Unit 907

    $189,000
    0 bed | 1 bath
  • 1448 N Lake Shore Unit 9A, Chicago, IL 60611
    Chicago

    1448 N Lake Shore
    Unit 9A

    $599,000
    3 bed | 3 bath
  • 1401 N Astor, Chicago, IL 60610
    Chicago

    1401 N Astor

    $3,395,000
    5 bed | 4½ bath
  • 1540 N Lake Shore Unit 8N, Chicago, IL 60610
    Chicago

    1540 N Lake Shore
    Unit 8N

    $3,095,000
    3 bed | 2½ bath
  • 1440 N Lake Shore Unit 5D, Chicago, IL 60610
    Chicago

    1440 N Lake Shore
    Unit 5D

    $499,000
    2 bed | 2 bath
    4 more available units at this address
    $1,400,000 Unit 22ABCD 4 bd / 4 ½ ba
    $1,100,000 Unit 35A 4 bd / 4 ½ ba
    $579,000 Unit 12H 3 bd / 2 ba
    $559,900 Unit 21H 3 bd / 2 ½ ba
  • 1440 N Lake Shore Unit 21H, Chicago, IL 60610
    Chicago

    1440 N Lake Shore
    Unit 21H

    $559,900
    3 bed | 2½ bath
    4 more available units at this address
    $1,400,000 Unit 22ABCD 4 bd / 4 ½ ba
    $1,100,000 Unit 35A 4 bd / 4 ½ ba
    $579,000 Unit 12H 3 bd / 2 ba
    $499,000 Unit 5D 2 bd / 2 ba
  • 1440 N Lake Shore Unit 12H, Chicago, IL 60610
    Chicago

    1440 N Lake Shore
    Unit 12H

    $579,000
    3 bed | 2 bath
    4 more available units at this address
    $1,400,000 Unit 22ABCD 4 bd / 4 ½ ba
    $1,100,000 Unit 35A 4 bd / 4 ½ ba
    $559,900 Unit 21H 3 bd / 2 ½ ba
    $499,000 Unit 5D 2 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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