NOT LISTED FOR SALE
3 Beds
2 Baths
1,280 Sq Ft
1878 Built

Sale Details

Date Sold: December 4, 2025

Last sale price $460,000 $359 Per Sq Ft

7 Days on Market

About This Home

As of December 2025

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.

Last Agent to Sell the Property

Kate Waddell

Compass License #475138533 Listed on: 10/06/2025

Compass

Co-Listed By

Nicolette Pavlis

Compass License #475199584

Last Buyer's Agent

Carlos Rios

Realty of America, LLC License #475197628

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,004

Year Built

  • Built in 1878

Home Design

  • Frame Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,004

Year Built

Built in 1878

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1878
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: Yes
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • Construction Materials: Aluminum Siding, Frame
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Yes
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Baseboard
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 25X94
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 38700
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 11004.46
  • Tax Year: 2023
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12489077

Midwest Real Estate Data (MRED)

APN: 17053220140000

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