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1506 Madison Street Evanston, IL $ 600,000
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$ 600,000 Get more info
1506 Madison Street
$ 600,000
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Recently Listed
Open House 6/27 12pm - 2pm
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1506 Madison Street

Evanston, IL, 60202
$ 600,000
Bedrooms4 Baths3.0

Monthly Estimate*

$ 3,788

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Multi-Family Home for sale in Evanston, IL

for $600,000 with 4 bedrooms and 3 full baths. This home was built in 1950.

Turnkey two-flat on a sought-after tree-lined street near Robert Crown Community Center and Washington School. Both units offer two bedrooms with tastefully updated kitchens. First-floor unit features a bonus lower-level family room with full bath. Many updates, sewer line relined to city access, separate furnaces, central air, newer roof, and refreshed appliances in both units. Fenced backyard with perennial landscaping and an oversized two-car garage. A solid, low-maintenance addition to any portfolio or a perfect live-in investment opportunity.

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Open House

6/27/2026 12:00 PM - 2:00 PM
6/28/2026 1:00 PM - 3:00 PM
1506 Madison Street Evanston, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 600,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 12,339

Style

Year Built

1950

Town/City

Evanston

County/Region

Cook

MLS | Web ID

12613933
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1950
Township Evanston
Tax Year 2024
Ownership Fee Simple
Community Features Park Tennis Court(s) Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 11
Status New
Directions Main St west of Ridge to Asbury south to Madison West to property
High School Evanston Twp High School
City Evanston
High School District 202
MLS Area Evanston
Elementary School Washington Elementary School
Tax Annual Amount 12339.81
Middle/Junior High School Nichols Middle School
Standard Status Active
Middle/Junior School District 65
Elementary School District 65
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Interior
Basement Partially Finished Full
Total Bedrooms 4
Total Baths 3
Bedrooms Possible 4
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 124 x 40
Waterfront Y/N N
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* Excluded Features
List By
Jameson Sotheby's International Realty

Broker

rcartright@jamesonsir.com

Email

Affordability Calculator

$4,817
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$1,028
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565514 Elementary School
565829 Middle School
Evanston Twp High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/26/2026$600,000 Listed Price

Map

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1506 Madison Street, Evanston, IL, 60202 is a Multi-Family Home for sale at $600,000. 1506 Madison Street has 4 bedrooms, 3.0 baths, and was built in 1950. The property's zip code is 60202 which is in Evanston, IL

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