2545 South Dearborn Street, Unit 506

Chicago, IL 60616

$315,000
Price
2
Beds
2
Baths
1,185 Sq. Ft.
$266 / Sq. Ft.
1,185
Sq. Ft.
$266
per Sq. Ft.

Description

Experience the epitome of Chicago loft living in this expansive 2BR/2BTH condo located in the prestigious historic Opera Lofts, the former design workshop for the Chicago Lyric Opera. This exceptional residence offers an east-facing balcony with breathtaking views of downtown, 19-foot soaring ceilings, exposed brick, and a gas fireplace, creating an ambiance of grandeur and sophistication. The gourmet kitchen is equipped with high-end stainless steel appliances, granite countertops, 42" custom maple...Experience the epitome of Chicago loft living in this expansive 2BR/2BTH condo located in the prestigious historic Opera Lofts, the former design workshop for the Chicago Lyric Opera. This exceptional residence offers an east-facing balcony with breathtaking views of downtown, 19-foot soaring ceilings, exposed brick, and a gas fireplace, creating an ambiance of grandeur and sophistication. The gourmet kitchen is equipped with high-end stainless steel appliances, granite countertops, 42" custom maple cabinetry, and hardwood floors throughout. Convenience is key with an in-unit washer/dryer all on one level. Indulge in the master bath featuring marble slab flooring, a spa-like separate tub and shower, and a double vanity. The second bathroom is adorned with travertine tile, offering a refined touch to the space. The Opera Lofts provides unmatched building amenities, including a state-of-the-art fitness center with sweeping skyline views, a spacious rooftop deck complete with dog run, and museum-style hallways that elegantly showcase historical artifacts from Chicago's Lyric Opera, blending timeless heritage with modern elegance. Located in the South Loop, this residence is just minutes from dining, entertainment, and cultural landmarks such as McCormick Place, US Cellular field and the lakefront. With easy access to the Loop, expressways, IIT campus, Chinatown, and shopping, this home represents the ultimate in refined urban living. Heated garage parking is available for an additional 25,000

Listing Agents

  1. Eli Masud

    Eli Masud

    Listing Agent

    Compass

    eli.masud@compass.com

    P: (630)-697-4540

  2. Zach Gallan

    Zach Gallan

    Alternative Listing Agent

    Compass

    zach.gallan@compass.com

    P: (630)-926-6578

Property Details for 2545 South Dearborn Street, Unit 506

Area
CHI - Near South Side
Township
South Chicago
Ownership
Condo
Num Of Garage Spaces
1.0
Num Of Parking Spaces
1.0
Parking Included in Price
No
Heat/Fuel
Natural Gas, Forced Air
Pets Allowed
Yes
LISTING UPDATED: 12/04/2024 03:00 AM

Property Details for 2545 South Dearborn Street, Unit 506

StatusActive
MLS #12205447
Days on Market43
Taxes$7,341 / year
HOA Fees$397 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built1909
CountyCook County

Building

2545 S Dearborn St

93 Units7 StoriesBuilt in 1909

Building Information for 2545 South Dearborn Street, Unit 506

Building/Complex2545 S Dearborn StFloor-Stories7Residences93Pet PolicyAllowedYear Built1909

Property Information for 2545 South Dearborn Street, Unit 506

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Deeded Garage Cost: $25,000.00
  • Parking: Garage
Pet Information
  • Max Pet Weight: 999.0
  • Pet Information: Cats OK, Dogs OK
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Common Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
  • Additional Parcels: Yes
Property Information
Interior Features
  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Common Area Amenities: Elevator, Exercise Room, Storage, Sundeck, Service Elevator
  • Num Of Rooms: 5
  • Bedrooms (Below Grade): 0
  • Unit Floor Level: 5
  • Basement Type: None
  • Bedrooms Possible: 2
  • Air Conditioning: Central Air
  • Electric: 100 Amp Service
  • Basement Description: None
  • Dining Room: Combined w/ LivRm
  • Basement Bathrooms: No
  • Room Type: No additional rooms
  • Num of Baths: 2.0
Exterior Features
  • Type: Condo,Condo-Loft
Utilities / Equipment
  • Sewer: Septic Shared
  • Water: Public
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Other Equipment: Humidifier
Property/Lot Information
  • Exterior Property Features: Balcony, Deck, Storms/Screens
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: Unknown
  • Type Attached: Condo, Condo-Loft
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 1
  • Total # Units in Building: 93.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Brick
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 2545
  • East Coordinate: 0
  • West Coordinate: 50
  • Living Area Source: Builder
  • Management: Manager Off-site
  • Management Company: Connected Property Management
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 19
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 16X11
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 12X11
Bedroom #3 Information
  • 3rd Bedroom Level: N/A
  • Room Type: Bedroom 3
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: COMBO
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 15X8
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 23X13

Property History for 2545 South Dearborn Street, Unit 506

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2545 South Dearborn Street, Unit 506

Taxable ValueLand$1,501Additions$29,369Total$30,870
Tax Record2022$6,369 ($531 / month)
Home Facts
Beds0StyleCondominiumCountyCOOKAPN17-28-237-039-1084

Schools near 2545 South Dearborn Street, Unit 506

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Drake Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Graham R Training Center
Public9 to 12

McKinley Academy at Lakeside
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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2545 South Dearborn Street, Unit 506 is a condo for sale in Chicago, IL 60616. This property was listed for sale on November 7, 2024 by Compass, it's currently listed at $315,000. It has been on the market for a total of 43 days and was last sold on May 15, 2018. This listing's school district is Chicago Public Schools. Nearby schools include Drake Elementary School, Phillips Academy High School and Graham R Training Center. 2545 South Dearborn Street, Unit 506 is a 2-bed, 2-bath, 1,185 sqft condo built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/04/2024 03:00 AM. 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.