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$1,600,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 2.5 Car Garage
  • Updated 8 days ago
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1515 Dearborn must be purchased with 1511 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 1515 N Dearborn Pkwy

General

  • Price: $1,600,000
  • Taxes: $53,843 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12555122
  • Updated: 2/13/2026
  • Added to Site: 27 day(s) ago

Interior

  • Basement: Unfinished

Additional Information

  • Other Features: Commuter Bus, Commuter Train

Parking

  • Garage: Yes
  • Garage Spaces: 2.5
  • Total Spaces: 2
  • Parking Features: Yes, Detached, Garage

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

Heating & Cooling

  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1888
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Oversized Chicago Lot
  • Lot Dimensions: 24 x 132

Financial Considerations

  • Assessment Year: 1888
  • Tax Amount: $53,843.29
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17042100100000

Listed by Compass

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— 1515 N Dearborn Pkwy —

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Schools serving 1515 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 1515 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
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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 1515 N Dearborn Pkwy

Year
Property Taxes
Change
Tax Assessment
Change
2023
$44,643
-37%
$211,590
-38%
2022
$70,751
3%
$343,980
—
2021
$68,502
39%
$343,980
53%
2020
$49,445
2%
$225,058
-8%
2019
$48,460
2%
$244,629
—
2018
$47,644
-3%
$244,629
7%
2017
$49,105
7%
$228,111
—
2016
$45,688
9%
$228,111
—
2015
$41,800
13%
$228,111
15%
2014
$36,850
4%
$198,611
—
2013
$35,302
-1%
$198,611
—
2012
$35,640
—
$198,611
—
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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1515 N Dearborn Parkway, Chicago, IL 60610 (MLS# 12555122) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1515 N Dearborn Parkway is currently listed for $1,600,000 and was received on January 26, 2026. Want to learn more about 1515 N Dearborn Parkway? Do you have questions about finding other Multi-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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