Mark Allen Realty ERA PoweredJohn Li, Broker · Chicago, IL
LINCOLN PARK $376 / sq ftLINCOLN PARK INDEX 117.0 preliminaryNEAR NORTH $383 / sq ftTHE LOOP $365 / sq ftSOUTH LOOP $352 / sq ftUPTOWN $246 / sq ft
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Imperial Towers

4250 N Marine Dr
Condominium 29 stories861 unitsBuilt 1966

Over the last 24 months, sales here closed at a median $248 per sq ft, in line with the Uptown median ($246). HOA dues ran $0.81 per sq ft a month, in line with the Uptown median ($0.82). Units leased in a median 14 days (neighborhood: 14 days).

700 W Bittersweet Pl · 10 stories · built 1956711 W Gordon Ter · 8 stories · built 19794170 N Marine Dr · 25 stories · built 1974720 W Gordon Ter · 23 stories · built 19704200 N Marine Dr · 11 stories · built 19574250 N Marine Dr · 29 stories · built 1966707 W Junior Ter · 13 stories · built 19274343 N Clarendon Ave · 28 stories · built 19754350 N Broadway Ave · 12 stories · built 20024300 N Marine Dr · 16 stories · built 19301100 W Montrose Ave · 8 stories · built 1999834 W Montrose Ave · 7 stories · built 20031000 W Leland Ave · 12 stories · built 2003950 W Leland Ave · 7 stories · built 20054848 N Sheridan Rd · 8 stories · built 20054880 N Marine Dr · 8 stories · built 19534900 N Marine Dr · 8 stories · built 19534920 N Marine Dr · 15 stories · built 19495000 N Marine · 15 stories · built 19235044 N Marine · 8 stories · built 19375100 N Marine Dr · 27 stories · built 1970
The numbers · Oct 2024 – Sep 2026

What units sell and rent for

Medians of this building's closed MLS sales and leases. The range is a 90% interval; a figure is shown only when the building has enough records.

Price per sq ft
$248
90% range $234–$257 · 84 sales
Median monthly rent
$1,850
90% range $1,750–$2,050 · 42 leases
HOA dues
$0.81/ sq ft / mo
90% range $0.79–$0.82 · 84 sales
Activity · 24 months
98sales
42 leases
Leases: typical time to lease 14 days
Turnover 5.7% per year of units
Building facts · Oct 2024 – Sep 2026

What listings say about the building

From this building's MLS sale and lease listings; a fact appears only when most listings agree. Rules change, and the association's documents are the authority.

Pets
Cats and dogs allowed · 120 listings
Parking
Usually not included in the sale price (111 listings); monthly parking fee typically $340 (86 listings)
Dues usually include
Heat, water, TV/cable, internet, doorman, exercise facilities; plus insurance, exterior maintenance, scavenger, snow removal, lawn care · 114 listings
Amenities
Elevator, exercise room, door staff, outdoor pool, coin laundry, on-site manager / engineer, party room, storage, receiving room, bike room, commissary, sundeck, service elevator, valet / dry cleaner · 137 listings
Management
On-site manager · 98 listings
Getting around

Trains and buses nearby

The closest CTA 'L' stations and the bus routes a few minutes' walk away. Walking times are estimates from straight-line distance.

'L' stations
  • Sheridan Red
    about 15 min walk · 0.7 mi
  • Wilson Red, Purple
    about 15 min walk · 0.8 mi · step-free access
  • Lawrence Red
    about 22 min walk · 1.1 mi · step-free access
Bus routes within about a 6-minute walk

78135136146148

Transit data: Chicago Transit Authority, via the City of Chicago Data Portal ('L' stops; bus stops as of 2022). Not affiliated with or endorsed by CTA. Check transitchicago.com for current routes and service.

Unit types

Estimated unit mix — Assessor + historical MLS

861 units on Cook County Assessor records.

Studio 158 · 18%
1 bed 377 · 44%
2 bed 159 · 18%
3+ bed 7 · 1%
Unknown 160 · 19%

Estimate: each Assessor unit is matched to its unit line, and the line's bedroom count comes from this building's MLS records (172 units from their own records, 529 from units in the same line). Units without enough evidence stay Unknown. Not a verified floor-plan inventory.

TypeUnits (est.)Median sale priceMedian rentSales · leases, 24 moUptown median rentUptown price / sq ft
Studio 158 $150,000 $1,575 17 · 17 $1,550 $253
1 bed 377 $210,000 $2,025 54 · 18 $1,800 $233
2 bed 159 $355,000 too few 26 · 6 $2,700 $271
3+ bed 7 too few too few 1 · 1 — —

Combined residences (two or more units joined) are counted as their original Assessor units in the unit mix; their sales and leases are counted under the combined size.

This building's medians are shown only with at least 8 records of that type in 24 months. The Uptown columns are neighborhood medians for the same unit type, for reference — not figures for this building.

Owning it

What a unit costs to hold, rent against price, and higher floors

Estimates from this building's own sales and leases.

A typical unit, every month

TypeTypical sizeHOA dues / moProperty tax / yrDues + tax / mo
Studio580 sq ft $452$2,200 $640
1 bed880 sq ft $739$3,330 $1,020
2 bed1,350 sq ft $1,090$5,120 $1,520

Typical size: the type's median price over its price per sq ft (the building's, where the type has too few records), so an estimate. Dues: the type's median in this building's sales. Property tax: this building's tax rate per sq ft for units without exemptions, times the size; owner-occupants with a homeowner exemption usually pay less. Mortgage, insurance and utilities are not included. Try your own numbers in the calculator below.

Ownership economics

11.5%
gross rent ÷ price
6.0%
after HOA and property tax

Estimates from this building's median rents and prices by unit size; property tax partly estimated from same-building units without exemptions; an older tax year was used. Vacancy, maintenance, insurance and financing are not deducted (with 5% vacancy: 5.4%).

Higher floors

+0.65%
price per sq ft, per floor up

Same unit line, different floors (101 sales; 90% range +0.35%–+0.98%).

How it compares

Against the other Uptown towers

Each line is one building's median with its 90% range. Only buildings with enough records are shown.

Calculators

Run the numbers for a unit here

Monthly cost to own against renting, or yields and cash flow if you rent it out. Start from this building's figures and change anything.

Starting values are this building's medians for the unit type, where enough records exist; property tax is estimated from the building's tax per sq ft, only where enough units without exemptions agree. Change any number. An illustration only: not a loan offer, an appraisal, or tax or investment advice. Confirm figures with your lender, insurer and tax advisor. Nothing you type leaves your browser.

Before you commit

Questions worth asking about any condo building

Standard questions for any building, not findings about this one.

  1. What are the current monthly dues, and what do they include?
  2. What is the reserve fund balance, and when was the last reserve study?
  3. Has any special assessment been approved, proposed or discussed, and is any balance outstanding?
  4. What are the leasing rules (minimum term, caps, approval)?
  5. What does the master insurance policy cover, and what is the deductible?
  6. Is the association a party to any litigation?
  7. Request the association's disclosure package under Section 22.1 of the Illinois Condominium Property Act.
Nearby

Other towers close by, and the full review

Thinking about Imperial Towers?

Get the full building review

Unit lines, floor-by-floor pricing, listing history patterns and the questions specific to this building — walked through with you, not a form letter.

John Li
John LiMark Allen Realty ERA PoweredBroker · Chicago, IL · speaks English and Chinese
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Disclaimer: For information only · not guaranteed · not an appraisal or advice. Talk to a licensed broker before any transaction. Full disclaimer

Report BP-2026-09-30-B00502-08c22a · data through September 30, 2026 · Oct 2024 – Sep 2026. Medians of MLS records; MLS does not capture every transaction. Not an appraisal or valuation of any unit. How we measure.