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$460,000
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Property Description
Exceptional investment or redevelopment opportunity in the heart of Noble Square. 1525 W Pearson sits on a charming, tree-lined street surrounded by newer construction and renovated homes. The property offers flexibility for investors or developers. Maintain as an income-producing two-flat or reimagine the site with a single-family home or potential coach house addition. Currently occupied on a month-to-month basis, it provides holding income while plans are finalized. A+ location near Eckhart Park, Wicker Park, and River West with easy access to transit, dining, and shopping. Tremendous upside in a highly sought-after neighborhood.
Full Property Details
Full Property Details for 1525 W Pearson St
General
- Sold For: $460,000
- Taxes: $11,004 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12489077
- Added to Site: 100 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: south on Ashland to Fry left to Greenview to Pearson
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Electric, Baseboard
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Aluminum Siding, Frame
- Exterior Const.: Aluminum Siding, Frame
- Basement Desc.: Unfinished, Full
- Year Built: 1878
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 94
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1878
- Tax Amount: $11,004.46
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17053220140000
Listed by Compass
Sold by Realty of America, LLC
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Schools
Schools serving 1525 W Pearson St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Otis Elementary School 525 North Armour Street, Chicago, IL 60642 | K-8 | 0.4 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.2 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 1525 W Pearson St
Date
Details
Price
Change
Source
12/04/2025
Sold
$460,000
-3.16%
MLS
10/06/2025
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1525 W Pearson Street, Chicago, IL 60642 (MLS# 12489077) is a Multi-Family property that was sold at $460,000 on December 04, 2025. Want to learn more about 1525 W Pearson Street? Do you have questions about finding other Multi-Family real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

