Property Description

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.

Features & Information

Key Details

List Price $475,000
Property Taxes $11,004
Lot Dimensions 25X94
Status Active

Schools

Elementary School District 299
Junior High District 299
High School District: 299

Location

General Information None
County Cook
Township West Chicago
Corporate Limits Chicago
Directions to Property South On Ashland To Fry Left To Greenview To Pearson

Property Taxes
Tax $11,004
Tax Year 2023
Parcel Identification Number 17053220140000

Listed by: Compass | Phone: 312.319.1168
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/19/2025 12:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Noble Square

Noble Square is a small pocket of a neighborhood surrounded by more notable areas such as Wicker Park and Ukrainian Village. The streets remain primarily residential, while the busy avenues of Chicago and Grand offer a variety of dining, shopping and nightlife options. People come from all over the city to experience the unique restaurants in Noble Square that have become all the rage in Chicago. A testament to Noble Square's culinary popularity: Some of these places are booked a month in advance for the weekends, and no matter what night you go out, there is bound to be a throng of hungry Chicagoans enjoying the neighborhood's eclectic menu choices. After dinner, the focus turns toward Noble Square's spirited watering holes. There are a good number of casual sports bars, the kind with pool tables and giant TVs for watching a game. For more cultural evening entertainment, the Chopin Theatre is known for its edgy performances that include every form of expression from poetry readings and films to plays and live music.

Mortgage Calculator

List Price${ formatCurrency(listPrice) }
Taxes${ formatCurrency(propertyTaxes) }
Assessments${ formatCurrency(assessments) }

List Price
Taxes
Assessments

Estimated Monthly Payment

${ formatCurrency(monthlyTotal) } / month

Principal & Interest${ formatCurrency(monthlyPrincipal) }
Taxes${ formatCurrency(monthlyTaxes) }
Assessments${ formatCurrency(monthlyAssessments) }

All calculations are estimates for informational purposes only. Actual amounts may vary.