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Off market
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  • $412,900

    2545 S Dearborn St APT 514, Chicago, IL 60616

    2beds
    1,278sqft
    Condo
    Built in 1909
    -- sqft lot
    $412,900 Zestimate®
    $323/sqft
    $2,590 Estimated rent

    Home value

    $412,900

    $384,000 - $442,000

    $2,590/mo

    Zestimate® history
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    What's special

    Live in a dramatic piece of history in the Opera Lofts - originally the warehouse & design workshop for the Lyric Opera of Chicago. Hallways and public areas are lined with memorabilia that create an incredibly unique and interesting building unlike any other you will see. Even more dramatic than the building is this south and east facing home with nearly 16' soaring ceilings, large balcony off the living room, exposed brick walls and terra cotta tile covered beams. All of the living spaces are oversized and both bedrooms have windows. (Not just regular sized windows either, but nearly double high windows for amazing amounts of natural light throughout.) The kitchen has honey-stained maple cabinetry with granite counters, center island, backsplash tiles, and stainless steel appliances. Both bedrooms are quite generous in size. (The second bedroom is 13' long and has an 11' x 5' walk in closet that could double as a work space area with all that room.) The primary bath includes double vessel bowl travertine sinks, along with whirlpool tub. The second bathroom is finished in natural stone finishes as well. Hardwood floors are throughout the home, there is in-unit washer and dryer, and the owner has added a Nest thermostat and Nest Protect smoke alarm. A garage parking space is included in the price. Common areas include a sundeck area with dog run along with a fitness center. Outside the home, you have easy guest street parking and can walk to the red or green line el stations, or State Street bus. You have easy expressway access and can stroll to the Motor Row district to enjoy any of the many new restaurants. If you are looking for something completely different with amazing space, character, and flooded with natural light, then this is your home!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Other, Hardwood
    Interior area
    • Total interior livable area: 1,278 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: City
    Details
    • Parcel number: 17282370391092

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1909

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Community
    • Community features: Fitness Center
    Location
    • Region: Chicago

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $384 monthly

    Other

    Other facts
    • Addtl Room 1 Level: Not Applicable
    • Addtl Room 4 Level: Not Applicable
    • Addtl Room 5 Level: Not Applicable
    • Air Conditioning: Central Air
    • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
    • 3rd Bedroom Level: Not Applicable
    • 4th Bedroom Level: Not Applicable
    • Built Before 1978 (Y/N): Yes
    • Electricity: Circuit Breakers
    • Exterior Building Type: Brick
    • Family Room Level: Not Applicable
    • Heat/Fuel: Gas, Forced Air
    • Sewer: Sewer-Public
    • Water: Public
    • Listing Type: Exclusive Right To Sell
    • Assessment Includes: Common Insurance, Exterior Maintenance, Snow Removal, Water, Scavenger, Exercise Facilities
    • Management: Manager Off-site
    • Parking Type: Garage
    • 2nd Bedroom Level: Main Level
    • Dining Room: Combined w/ LivRm
    • Dining Room Level: Main Level
    • Kitchen Type: Eating Area-Breakfast Bar, Island
    • Kitchen Level: Main Level
    • Living Room Level: Main Level
    • Master Bedroom Level: Main Level
    • Exposure: S (South), E (East)
    • Common Area Amenities: Exercise Room, Sundeck, Bike Room/Bike Trails, Elevator
    • Kitchen Flooring: Hardwood
    • Living Room Flooring: Hardwood
    • 2nd Bedroom Flooring: Hardwood
    • Other Information: Commuter Train, Commuter Bus
    • Master Bedroom Flooring: Hardwood
    • Addtl Room 2 Level: Main Level
    • Addtl Room 2 Name: Foyer
    • Addtl Room 3 Level: Main Level
    • Bath Amenities: Double Sink, Whirlpool
    • Addtl Room 3 Name: Deck
    • Age: 100+ Years
    • Addtl Room 10 Level: Not Applicable
    • Addtl Room 6 Level: Not Applicable
    • Addtl Room 7 Level: Not Applicable
    • Addtl Room 8 Level: Not Applicable
    • Addtl Room 9 Level: Not Applicable
    • Frequency: Monthly
    • Status: Pending
    • Square Feet Source: Estimated
    • Master Bedroom Bath (Y/N): Full
    • Garage On-Site: Yes
    • Recent Rehab (Y/N): Yes
    • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
    • Is Parking Included in Price: Yes
    • Lot Dimensions: COMMON
    • Garage Type: Attached2, Attached
    • Additional Media Type 2: 3D Tour
    • Additional Media Type 1: Other Media
    • Additional Rooms: Foyer, Deck
    • Garage Ownership: Owned
    • Laundry Level: Not Applicable
    • Exterior Property Features: Balcony
    • Aprox. Total Finished Sq Ft: 0
    • Total Sq Ft: 0
    • Tax Year: 2019
    • Parcel Identification Number: 17282370391092

    Price history

    DateEventPrice
    8/5/2020Sold$390,000+5.4%$305/sqft
    Source: MRED as distributed by MLS GRID #10712367 Report a problem
    8/17/2017Sold$369,904$289/sqft
    Source: MRED as distributed by MLS GRID #09345220 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $36,368 -1.9%
    2023$7,143 +2.9%$37,057
    2022$6,940 -7.1%$37,057
    2021$7,474 +59.4%$37,057 +76.1%
    2020$4,688 +10.9%$21,042
    2019$4,228 +1.7%$21,042
    2018$4,156 +74.2%$21,042 +89.8%
    2017$2,386 +7.5%$11,084
    2016$2,220 +9.3%$11,084
    2015$2,031 $11,084

    Find assessor info on the county website

    Neighborhood: South Loop

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Drake Elementary School
    • Middle: Drake Elementary School
    • High: Phillips Academy High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $412,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $412,900