Seller's Agent in 2025
Kate Waddell
Compass
(773) 517-2666
18 in this area
528 Total Sales
1525 W Pearson St Chicago, IL 60642
West Town Neighborhood
3
Beds
2
Baths
1,280
Sq Ft
1878
Built
About This Home
As of December 2025Exceptional 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,004
Year Built
- Built in 1878
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Parking
- 2 Parking Spaces
- Parking Included in Price
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Deck
- Lot Dimensions are 25x94
Community Details
- 2 Units
- Gross Income $38,700
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | Sold | $460,000 | -3.2% | $359 / Sq Ft |
| 10/13/2025 10/13/25 | Pending | -- | -- | -- |
| 10/06/2025 10/06/25 | For Sale | $475,000 | -- | $371 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,004 | $36,001 | $17,508 | $18,493 |
| 2024 | $11,004 | $36,001 | $17,508 | $18,493 |
| 2023 | $10,695 | $52,000 | $14,100 | $37,900 |
| 2022 | $10,695 | $52,000 | $14,100 | $37,900 |
| 2021 | $10,457 | $52,000 | $14,100 | $37,900 |
| 2020 | $7,992 | $35,875 | $7,990 | $27,885 |
| 2019 | $8,099 | $40,310 | $7,990 | $32,320 |
| 2018 | $7,963 | $40,310 | $7,990 | $32,320 |
| 2017 | $5,979 | $27,773 | $7,050 | $20,723 |
| 2016 | $5,563 | $27,773 | $7,050 | $20,723 |
| 2015 | $6,073 | $33,142 | $7,050 | $26,092 |
| 2014 | $5,730 | $30,881 | $5,875 | $25,006 |
| 2013 | $5,616 | $30,881 | $5,875 | $25,006 |
Source: Public Records
Agents Affiliated with this Home
-
Kate Waddell
-
Nicolette Pavlis
Seller Co-Listing Agent in 2025
Nicolette Pavlis
Compass
(847) 363-1215
2 in this area
17 Total Sales
-
Carlos Rios
Buyer's Agent in 2025
Carlos Rios
Realty of America, LLC
(773) 412-2546
1 in this area
33 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12489077
APN: 17053220140000
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