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.
Closed
$460,000
1525 W Pearson St, Chicago, IL 60642
3beds
--sqft
Multi Family
Built in 1878
-- sqft lot
$474,200 Zestimate®
$--/sqft
$3,267 Estimated rent
Home value
$474,200
$427,000 - $526,000
$3,267/mo
Zestimate® history
Owner options
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$3,267/mo
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$3,247/mo
Est. payment
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$3,247/mo
Est. payment
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Tree-lined street
Zillow last checked:
Listing updated:
Listing courtesy of:
Kate Waddell 312-319-1168,
Compass,
Nicolette O'Connor 847-363-1215,
Compass
Bought with:
Carlos Rios
Realty of America, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12489077
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Electric, Baseboard
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes
Features
- Patio & porch: Deck
Lot
- Size: 2,350 sqft
- Dimensions: 25X94
Details
- Parcel number: 17053220140000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Frame
Condition
- New construction: No
- Year built: 1878
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Sold | $460,000-3.2% |
Source:  MRED as distributed by MLS GRID #12489077 Report a problem | ||
| 10/13/2025 | Contingent | $475,000 |
Source: MRED as distributed by MLS GRID #12489077 Report a problem | ||
| 10/7/2025 | Listed for sale | $475,000-16.5% |
Source: MRED as distributed by MLS GRID #12489077 Report a problem | ||
| 6/5/2025 | Listing removed | $569,000 |
Source: MRED as distributed by MLS GRID #12286099 Report a problem | ||
| 3/8/2025 | Price change | $569,000-7.5% |
Source: MRED as distributed by MLS GRID #12286099 Report a problem | ||
| 2/10/2025 | Listed for sale | $615,000+310% |
Source: MRED as distributed by MLS GRID #12286099 Report a problem | ||
| 4/12/1999 | Sold | $150,000+61.3% |
Source: Public Record Report a problem | ||
| 3/21/1996 | Sold | $93,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $36,001 -30.8% |
| 2023 | $11,004 +2.9% | $52,000 |
| 2022 | $10,695 +2.3% | $52,000 |
| 2021 | $10,457 +30.8% | $52,000 +44.9% |
| 2020 | $7,992 -1.3% | $35,875 -11% |
| 2019 | $8,099 +1.7% | $40,310 |
| 2018 | $7,963 +33.2% | $40,310 +45.1% |
| 2017 | $5,979 +7.5% | $27,773 |
| 2016 | $5,563 -8.4% | $27,773 -16.2% |
| 2015 | $6,073 +6% | $33,142 +7.3% |
| 2014 | $5,730 +2% | $30,881 |
| 2013 | $5,616 +10.3% | $30,881 |
| 2012 | $5,094 -11.2% | $30,881 -21.7% |
| 2011 | $5,734 +1.9% | $39,425 |
| 2010 | $5,626 +7.7% | $39,425 |
| 2009 | $5,222 +32% | $39,425 +15% |
| 2008 | $3,956 +10.8% | $34,295 |
| 2007 | $3,572 +14.8% | $34,295 |
| 2006 | $3,111 -19.1% | $34,295 +11.1% |
| 2005 | $3,847 +3% | $30,865 |
| 2004 | $3,737 +3.9% | $30,865 |
| 2003 | $3,597 +10.5% | $30,865 +54.7% |
| 2002 | $3,257 +4.9% | $19,951 |
| 2001 | $3,104 +107% | $19,951 |
| 2000 | $1,499 -20.9% | $19,951 +103.5% |
| 1999 | $1,896 | $9,805 |
Find assessor info on the county website
Neighborhood: Noble Square
Nearby schools
GreatSchools rating
- 3/10Otis Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Wells Community Academy High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$474,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$474,200
- Illinois
- Cook County
- Chicago
- 60642
- Noble Square
- 1525 W Pearson St
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