1511 Dearborn must be purchased with 1515 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
Property Details
Price:
$1,600,000
MLS #:
MRD12555081
Status:
Active Under Contract
Beds:
1
Baths:
0
Type:
Single Family
Neighborhood:
chinearnorthside
Listed Date:
Jan 26, 2026
Finished Sq Ft:
7,000
Year Built:
1890
Schools
School District:
299
Interior
Cooling
None
Heating
None
Exterior
Construction Materials
Brick
Parking Features
Yes
Parking Spots
2
Parking Total
2
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$36,967
Listing Agent & Office
Jeffrey Lowe
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1511 N Dearborn Parkway
Chicago, IL


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