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About this home
Great Opportunity to own this single-family home built in 1903 featuring 4 bedrooms and 2.5 bathrooms. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Property Taxes, HOA, and Municipal/Utility Liens. All closing costs including transfer taxes are to be paid by the buyer at closing. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***
Single-familyProperty Type
1903Year Built
$186Price/Sq.Ft.
2 spacesParking
Listed by Val Laborevitch• Realhome Services & Solutions, Inc.
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Wadsworth PreK-8th STEM School
Public PreK-8 • Assigned • 0.7mi
4/10
Hyde Park Academy High School
Public 9-12 • Assigned • 0.5mi
2/10
Provided by GreatSchools
About
Woodlawn
Woodlawn, located between Washington Park and Jackson Park, is a historic and lake-adjacent Chicago neighborhood with stately greystones and broad, park-lined boulevards. The neighborhood’s character concentrates around 63rd Street and Cottage Grove Avenue, where storefront corridors, corner eateries, and everyday errands set a steady street rhythm. The Museum of Science and Industry anchors the eastern edge, while the South Shore Cultural Center adds lakefront grandeur and programming. Tree-canopied blocks mix classic brick two-flats with courtyard buildings, giving the streetscape a grounded, architectural feel. The Midway Plaisance frames the north with long green sightlines and paths. Metra Electric stations stitch the neighborhood into the city’s rail grid.
Provided by Walk Score and Local Logic
Market insights
1506 E Marquette Rd · $501,600
DAYS ON MARKET
3 days
The average home goes pending in 53 days.
SALE-TO-LIST
100.2%
Most homes are selling 0% above list price.
LIST PRICE
$501,600
Median list price in this area is $384,900. (23% lower than this home)
PRICE DROP
0 price drops
16% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Finished full basement
Bedrooms
4 bedrooms
Primary bedroom on the third floor
Bathrooms
2 full bathrooms
1 half bathroom
Heating & cooling
Forced-air heating
Central air conditioning
Home design
Detached single-family home
Three stories
Parking
2 parking spaces
Construction
100+ years old
Brick construction
Utilities
Lake Michigan water supply
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
High end executive gut rehabbed 3-story estate in beautiful Woodlawn! This meticulously redesigned 4 bedroom 2.2 bathroom home won't disappoint w/ new & refin. hardwood floors throughout, new windows, electrical & plumbing. Open floor plan has incredible ceiling detail w/ coffered & trey ceilings, designer gourmet kitchen that features a breakfast bar, new frosted glass cabinets, quartz countertops & stainless steel appliances! New baths w/ porcelain tile. 2nd level bath feat: jacuzzi & body spray shower. Loft-style finished basement with lower level family room, bar area, laundry room & rec. room! 3rd floor master suite features a private deck, WIC, spa-like glamour bath w/ sunken tub, his & her vessel bowl sinks & separate European body spray shower w/ rain shower head! Parking pad in the rear that allows you to build a garage for secured parking! Located close to transportation, U of C, parks, the new Lab School, Lake Shore Drive and the upcoming Obama Library!
MRED as Distributed by MLS Grid #09066008
Apr 28, 2016
Listing Removed
—
MRED as Distributed by MLS Grid #08844857
Jul 10, 2015
Sold (MLS) (Closed Sale)
$85,000
$32/sq ft
Mar 21, 2015
Contingent
—
Feb 23, 2015
Listed (New)
$65,000
$24/sq ft
MRED as Distributed by MLS Grid #07696750
Mar 3, 2011
Sold (MLS) (Closed Sale)
$35,000
$13/sq ft
Jan 24, 2011
Pending
—
Jan 7, 2011
Contingent
—
Dec 20, 2010
Listed (New)
$22,220
$8/sq ft
Public Records
Jan 17, 2008
Sold
$319,000
$118/sq ft
Public Records
Jul 14, 2005
Sold
$280,000
$104/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$7,406 (+2.9%)
$3,200 + $29,800
$33,000
2022
$7,194 (+2.3%)
$3,200 + $31,774
$34,974
2021
$7,033 (+52.3%)
$3,200 + $31,774
$34,974
2020
$4,616 (−1.3%)
$2,816 + $17,907
$20,723
2019
$4,677 (+398.2%)
$2,816 + $20,465
$23,281
2018
$939 (−77.8%)
$2,816 + $1,937
$4,753
2017
$4,236 (+7.5%)
$2,560 + $17,116
$19,676
2016
$3,941 (+9.3%)
$2,560 + $17,116
$19,676
2015
$3,605 (+12.1%)
$2,560 + $17,116
$19,676
2014
$3,217 (+2.0%)
$2,048 + $15,295
$17,343
2013
$3,154 (+1.3%)
$2,048 + $15,295
$17,343
2012
$3,112 (−3.0%)
$2,048 + $15,295
$17,343
2011
$3,207 (−0.4%)
$2,816 + $16,974
$19,790
2010
$3,220 (+4.4%)
$2,816 + $16,974
$19,790
2009
$3,086 (−13.1%)
$2,816 + $16,974
$19,790
2008
$3,550 (+1.0%)
$3,174 + $21,573
$24,747
2007
$3,515
$3,174 + $21,573
$24,747
Public record
Public record
Zoning
Beds
5
Baths
4.5
Stories
2
Lot width
—
Lot depth
—
Lot size
2,560 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,693
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,693
Year built
1903
Style
Single Family Residential
County
Cook County
APN
20232210150000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 29, 2026.
RM-5
Residential Multi-Unit District 5
The RM5 districts are intended to accommodate multi-unit residential buildings. The RM5 district differs from the RM5.5 district only in terms of the maximum building height allowed. Applicable height limits in RM5 generally limit buildings to a maximum of 3.5 to 4 stories structures.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Bed & breakfast
Educational / school
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60637
Average low and high temperatures (°F)
30
18
38
25
53
36
60
44
66
52
80
65
84
71
80
68
76
63
66
53
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
36/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
4.3 hrs
2.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1506 E Marquette Rd
$495,550
$6,050 under list price of $502K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $270K to $745K.