Leave a Message

Thank you for your message. We will be in touch with you shortly.

1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
1505-1507 N Dearborn Parkway
VIEW PHOTOS
$4,895,000

1505-1507 N Dearborn Parkway

Inquire Now

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.

Share Property

Location

1505-1507 N Dearborn Parkway, Chicago, IL 60610

Status

For Sale

Property Amenities

Area & Lot
MLS® ID 12557284
Year Built 1888
Type Multi-Family
Status For Sale
Exterior
Stories 3
Air conditioning Central Air, Window Unit(s)
Finance
Sales Price $4,895,000
Maintenance Fee $3,750 monthly
Real Estate Tax $125,366 yearly
image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 1505-1507 N Dearborn Parkway, Chicago, IL 60610. We are reviewing your request and will be in touch shortly!
Change time

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

All estimates are provided for informational purposes only. Actual amounts may vary.
Reset
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Featured Properties

For Sale

800 N Michigan Avenue Unit: 63PH
$6,950,000

800 N Michigan Avenue Unit: 63PH, Chicago, IL 60611

  • 5 BEDS
  • 6 BATHS
  • 8,400 Sq.Ft.

For Sale

1505-1507 N Dearborn Parkway
$4,895,000

1505-1507 N Dearborn Parkway, Chicago, IL 60610

For Sale

1511-1515 N Dearborn Parkway
$3,200,000

1511-1515 N Dearborn Parkway, Chicago, IL 60610

Active Under Contract

416 W Deming Place Unit: 4
$2,995,000

416 W Deming Place Unit: 4, Chicago, IL 60614

  • 3 BEDS
  • 4 BATHS
  • 3,430 Sq.Ft.

For Sale

2226 N. Southport
$2,775,000

2226 N. Southport Ave, Chicago, IL 60614

For Sale

2226 N Southport Avenue
$2,775,000

  • 6 BEDS
  • 6 BATHS
  • 4,500 Sq.Ft.

For Sale

1942 N Orchard Street Unit: 3N
$2,550,000

1942 N Orchard Street Unit: 3N, Chicago, IL 60614

  • 3 BEDS
  • 4 BATHS

For Sale

1942 N Orchard Street Unit: 2
$2,500,000

1942 N Orchard Street Unit: 2, Chicago, IL 60614

  • 4 BEDS
  • 4 BATHS

For Sale

401 N Aberdeen Street Unit: 4S
$2,300,000

401 N Aberdeen Street Unit: 4S, Chicago, IL 60642

  • 3 BEDS
  • 3 BATHS
  • 3,100 Sq.Ft.

For Sale

1340 W Chestnut Street Unit: 401
$2,000,000

1340 W Chestnut Street Unit: 401, Chicago, IL 60642

  • 4 BEDS
  • 5 BATHS
  • 4,200 Sq.Ft.

For Sale

401 N Aberdeen Street Unit: 3N
Open House: 2/1/2026, 12:00 PM - 2:00 PM
$1,900,000

401 N Aberdeen Street Unit: 3N, Chicago, IL 60642

  • 3 BEDS
  • 3 BATHS
  • 3,100 Sq.Ft.

For Sale

1340 W Chestnut Street Unit: 301
$1,850,000

1340 W Chestnut Street Unit: 301, Chicago, IL 60642

  • 4 BEDS
  • 5 BATHS
  • 4,200 Sq.Ft.

Active Under Contract

401 N Aberdeen Street Unit: 2N
$1,750,000

401 N Aberdeen Street Unit: 2N, Chicago, IL 60642

  • 3 BEDS
  • 3 BATHS
  • 3,100 Sq.Ft.

For Sale

1511 N Dearborn Parkway
$1,600,000

1511 N Dearborn Parkway, Chicago, IL 60610

  • 1 BED
  • 7,000 Sq.Ft.

For Sale

1515 N Dearborn Parkway
$1,600,000

1515 N Dearborn Parkway, Chicago, IL 60610

For Sale

1040 N Lake Shore Drive Unit: 26B
$998,000

1040 N Lake Shore Drive Unit: 26B, Chicago, IL 60611

  • 1 BED
  • 3 BATHS
  • 2,230 Sq.Ft.

For Sale

1410 N State Parkway Unit: 3B
$669,900

  • 3 BEDS
  • 3 BATHS
  • 2,000 Sq.Ft.

For Sale

1708 White Place
$635,000

1708 White Place, Downers Grove, IL 60516

  • 4 BEDS
  • 3 BATHS

For Sale

3660 N Lake Shore Drive Unit: 4202
$599,000

3660 N Lake Shore Drive Unit: 4202, Chicago, IL 60613

  • 2 BEDS
  • 2 BATHS

Active Under Contract

8 E Randolph Street Unit: 3301
$539,900

  • 2 BEDS
  • 2 BATHS
  • 1,365 Sq.Ft.

For Sale

2913 W Belmont Avenue Unit: 1W
$199,900

2913 W Belmont Avenue Unit: 1W, Chicago, IL 60618

For Sale

2913 W Belmont Avenue Unit: 1W
$199,900

2913 W Belmont Avenue Unit: 1W, Chicago, IL 60618

For Sale

1340 W. Chestnut

1340 W Chestnut St, Chicago, IL 60642

For Sale

1622 N. Wolcott
Price Upon Request

1622 N. Wolcott Ave, Chicago, IL 60622

For Sale

1942 N. Orchard

1942 N. Orchard St., Chicago, IL 60614
View All

Gold Coast

41.9067° N, 87.6253° W
Explore the Area

Work With Us

We are not just here to help sell or buy your home; we are here to be a valuable resource for all your home needs and questions. Passionate about real estate, we find joy in the industry's dynamic nature and the opportunity it presents to connect people with their dream homes. Our success is built on our local expertise and market knowledge.

Contact Us
Get in Touch
Contact Details

THE LOWE GROUP

O: (312) 883-3030
M: (312) 339-1133
[email protected]



2350 N LINCOLN AVE STE 3
CHICAGO IL 60614