Back 1515 North Dearborn Street
Off Market

1515 North Dearborn Street

Chicago IL 60610

3
Multi-Family
Last sold for $1,450,000
Jeffrey LoweJeffrey Lowe, last sold this property on 29 April 2026 after 92 days on market.

Overview

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

Features

3 carspaces
3 garage spaces
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Chicago over the last 12 months, the estimated median property value of 1515 North Dearborn Street is $1.65m.

Median value
$1.65m
Estimated value range
$1.45m - $2.25m
Median days on market
19
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1515 North Dearborn Street

2026
Sold
$1,450,000
29 Apr 2026 by Jeffrey Lowe, of Compass

Happy sellers in Chicago

<50%
Less than 50% of sellers in Chicago reported that their sale price either exceeded or met their price expectations.

Chicago stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Chicago over the last 12 months.

Local market activity for multi families in Chicago

In the last 12 months, 4 multi families similar to 1515 North Dearborn Street, have been sold.

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