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$600,000 Contingent
Property Description
Turnkey two-flat on a sought-after tree-lined street near Robert Crown Community Center and Washington School. Both units offer two bedrooms with tastefully updated kitchens. First-floor unit features a bonus lower-level family room with full bath. Many updates, sewer line relined to city access, separate furnaces, central air, newer roof, and refreshed appliances in both units. Fenced backyard with perennial landscaping and an oversized two-car garage. A solid, low-maintenance addition to any portfolio or a perfect live-in investment opportunity.
Full Property Details
Full Property Details for 1506 Madison St
General
- Price: $600,000
- Taxes: $12,339 (2024)
- Status: Contingent
- Type: Multi-Family
- Source: MRED
- MLS ID: 12613933
Rental Information
- Complex Features: Park, Tennis Court(s), Sidewalks, Street Lights, Street Paved
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Commuter Bus, Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Evanston
- County: Cook
- Township: Evanston
- Driving Directions: Main St west of Ridge to Asbury south to Madison West to property
School Information
- School District: 65
- Elem School District: 65
- Midd School District: 65
- High School District: 202
- Elementary School: Washington Elementary School
- Middle School: Nichols Middle School
- High School: Evanston Twp High School
- Private School: Evanston Twp High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Roof: Asphalt
- Year Built: 1950
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 124 x 40
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1950
- Tax Amount: $12,339.81
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 10244100130000
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Schools
Schools serving 1506 Madison St
School Districts:Evanston Community Consolidated School District 65, Evanston Township High School District 202
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Evanston, IL 914 Ashland Avenue, Evanston, IL 60202 | K-5 | 0.2 mi |
Nichols Middle School 800 Greenleaf Street, Evanston, IL 60202 | 6-8 | 0.7 mi |
Evanston Twp High School 1600 Dodge Avenue, Evanston, IL 60201 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 1506 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,941
—
$57,000
10%
2023
$11,941
4%
$51,999
—
2022
$11,430
49%
$51,999
63%
2021
$7,659
1%
$31,808
—
2020
$7,615
-3%
$31,808
-13%
2019
$7,874
6%
$36,603
21%
2018
$7,442
-6%
$30,241
-7%
2017
$7,893
-6%
$32,573
-8%
2016
$8,439
28%
$35,420
31%
2015
$6,612
-8%
$26,938
-8%
2014
$7,154
3%
$29,128
—
2013
$6,972
19%
$29,128
8%
2012
$5,859
—
$26,957
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1506 Madison St
1506 Madison Street, Evanston, IL 60202 (MLS# 12613933) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 1506 Madison Street is currently listed for $600,000 and was received on June 26, 2026. Want to learn more about 1506 Madison Street? Do you have questions about finding other Multi-Family real estate for sale in Evanston? You can browse all Evanston real estate or contact a Coldwell Banker agent to request more information.
