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$1,600,000 Contingent

  • For Sale
  • Contingent
  • Single Family
  • 1 Bed
  • 7,000 Sq. Ft.
  • Updated 8 days ago
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1511 Dearborn must be purchased with 1515 Dearborn for a total asking price of 3.2 million. Historic Gold Coast mansion consisting of two buildings 1511 and 1515 North Dearborn. Both properties are currently gutted and ready to be reimagined. Possible uses include one large single family home, two single family homes, a condominium development, or luxurious rentals. Develop a piece of Chicago history on the premier block of the Gold Coast just steps from Lake Michigan, Latin School, Division Street, and all of the shopping on Oak/Rush. Total square footage of both buildings is approximately 13,000 sq ft. Multiple offers received - Highest and best offers are due by 2/7 and will be presented to sellers on 2/9

Full Property Details for 1511 N Dearborn Pkwy

General

  • Price: $1,600,000
  • Taxes: $36,967 (2024)
  • Status: Contingent
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12555081
  • Updated: 2/13/2026
  • Added to Site: 27 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Other Features: Commuter Bus, Commuter Train

Parking

  • Total Spaces: 2
  • Parking Features: Yes

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Township: North Chicago
  • Driving Directions: ON DEARBORN PARKWAY BETWEEN NORTH AVENUE & BURTON PL

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Square Feet: 7,000
  • Sq. Ft. Source: Estimated
  • Year Built: 1890
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 0.091
  • Lot Size Range: Oversized Chicago Lot
  • Lot Dimensions: 30 x 132

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1890
  • Tax Amount: $36,967.02
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17042100110000

Listed by Compass

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— 1511 N Dearborn Pkwy —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1511 N Dearborn Pkwy

School District:Chicago Public School District 299
NameGradesDistance
Ogden Elementary School
24 West Walton Street, Chicago, IL 60610
K-80.7 mi
Lincoln Park High School, Chicago, IL
2001 North Orchard Street, Chicago, IL 60614
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1511 N Dearborn Pkwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Listed
$1,600,000
-63.64%
MLS
5/20/2022
Sold
$4,400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1511 N Dearborn Pkwy

Year
Property Taxes
Change
Tax Assessment
Change
2023
$40,194
-31%
$190,500
-32%
2022
$58,002
2%
$282,000
—
2021
$56,708
17%
$282,000
29%
2020
$48,523
—
$217,817
-10%
2019
$48,625
-8%
$242,019
-10%
2018
$52,838
7%
$267,490
17%
2017
$49,310
7%
$229,062
—
2016
$45,879
6%
$229,062
-3%
2015
$43,466
28%
$237,200
30%
2014
$33,879
2%
$182,600
—
2013
$33,210
1%
$182,600
—
2012
$32,767
—
$182,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1511 N Dearborn Parkway, Chicago, IL 60610 (MLS# 12555081) is a Single Family property with 1 bedroom and 0 full bathrooms. 1511 N Dearborn Parkway is currently listed for $1,600,000 and was received on January 26, 2026. Want to learn more about 1511 N Dearborn Parkway? Do you have questions about finding other Single Family real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

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