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New
$475,000

2545 S Dearborn St APT 525, Chicago, IL 60616

2beds
1,528sqft
: 
$4,139/mo
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Condominium, Apartment, Single Family Residence
Built in 1909
-- sqft lot
$-- Zestimate®
$311/sqft
$470/mo HOA

What's special

Luxurious finishesSpacious private balconyExpansive primary bedroomMarble bathroomsIn-unit laundryUpdated kitchenUpdated backsplash
Experience authentic loft living in the historic Opera Lofts, where original architectural artifacts and relics are displayed throughout this distinctive, art-inspired building. This upgraded 2-bedroom, 2-bath residence offers approximately 1,528 square feet of open-concept living space with dramatic 19-foot ceilings, hardwood floors, a fireplace, and a spacious private balcony accented by a striking spiral staircase leading to the massive master bedroom. The updated kitchen features newer cabinetry, updated backsplash, granite countertops, and stainless-steel appliances. The expansive primary bedroom includes generous built-in closet space, while the marble bathrooms offer luxurious finishes, including a spa tub. Additional conveniences include in-unit laundry, a fitness center, rooftop deck, and one indoor heated parking space. A truly exceptional home filled with character, style, and historic charm.
2 days
163
20

Zillow last checked:

Listing updated:

Listed by:

Joanna Olszynska 847-312-8005,

Compass,

CaseyAnn Reid,

Compass

Source: MRED as distributed by MLS GRID,MLS#: 12754159MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Features: Flooring (Carpet), Bathroom (Full, Tub & Separate Shwr)
    • Level: Second
    • Area: 285 Square Feet
    • Dimensions: 15X19
    Bedroom 2
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 9X13
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Dimensions: COMBO
    Kitchen
    • Features: Kitchen (Island), Flooring (Hardwood)
    • Level: Main
    • Area: 135 Square Feet
    • Dimensions: 15X9
    Laundry
    • Level: Main
    • Area: 16 Square Feet
    • Dimensions: 4X4
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 15X16
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Disposal
    • Laundry: Washer Hookup, In Unit
    Features
    • Cathedral Ceiling(s), Storage
    • Flooring: Hardwood
    • Windows: Screens
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Family Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,528 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 1
    • Parking features: Concrete, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Exterior features: Balcony
    Details
    • Parcel number: 17282370391016
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Apartment, Single Family Residence
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1909
    • Major remodel year: 2007

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Shared Septic
    • Water: Public
    Green energy
    • Energy efficient items: Roof

    Community & HOA

    Community
    • Subdivision: Opera Lofts
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator in Residence, Exercise Room, Storage, Sundeck, Service Elevator(s)
    • Services included: Water, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
    • HOA fee: $470 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $311/sqft
    • Tax assessed value: $332,930
    • Annual tax amount: $6,713
    • Date on market: 9/8/2026
    • Ownership: Condo

      Estimated market value

      Not available

      Estimated sales range

      Not available

      Not available

      Price history

      DateEventPrice
      9/8/2026Listed for sale$475,000+28.4%$311/sqft
      Source: MRED as distributed by MLS GRID #12754159 Report a problem
      2/5/2021Sold$370,000+1.5%$242/sqft
      Source: MRED as distributed by MLS GRID #10930662 Report a problem
      6/3/2008Sold$364,445$239/sqft
      Source: MRED as distributed by MLS GRID #06899940 Report a problem

      Public tax history

      YearProperty taxesTax assessment
      2024$6,713 -4.9%$33,293 -0.2%
      2023$7,059 +2.6%$33,346
      2022$6,880 +13.6%$33,346
      2021$6,054 +14%$33,346 +23.7%
      2020$5,313 -1.1%$26,950 -10.7%
      2019$5,374 +1.7%$30,178
      2018$5,283 +79.7%$30,178 +77.2%
      2017$2,940 +1%$17,034
      2016$2,912 +10.3%$17,034
      2015$2,641 $17,034
      Find assessor info on the county website

      Monthly payment

      Est. payment

      Payment breakdown

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      All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
      HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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      Climate risks

      Neighborhood: South Loop

      Getting around

      89 / 100
      Very Walkable
      76 / 100
      Excellent Transit
      79 / 100
      Very Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: 299

      Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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