Compass has been exclusively engaged to market 1505–07 N. Dearborn Parkway, a pair of adjacent vintage greystone apartment buildings located in the heart of the Gold Coast, one of Chicago’s most prestigious and supply-constrained residential neighborhoods.

The properties represent a rare value-add opportunity within a premier submarket where renovated rental inventory is limited and long-term demand remains exceptionally strong. Both buildings feature striking curb appeal, classic greystone architecture, and well-preserved vintage details that resonate with Gold Coast renters.

A new investor could modernize apartment interiors, enhance finishes, and capitalize on the unique and desirable floor plans to achieve meaningfully higher rent levels, while preserving the historic character that defines the neighborhood.

The properties are offered individually or as a portfolio. In addition, Compass has been engaged to market the adjacent properties at 1511 & 1515 N. Dearborn Parkway, which are currently gutted and present optional upside for a value-add investor or developer. Interra Realty is a referral agent on the 1505-07 N. Dearborn Parkway properties.

COMPASS IS THE LISTING AGENT AND BROKER OF RECORD FOR THE PROPERTIES. INTERRA REALTY HAS BEEN REFERRED THE DEAL BY COMPASS TO ASSIST WITH THE TRANSACTION.