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  • $560,000

    2545 S Dearborn St APT 702, Chicago, IL 60616

    3beds
    2,000sqft
    Condominium, Apartment, Single Family Residence
    Built in 1909
    -- sqft lot
    $560,400 Zestimate®
    $280/sqft
    $3,017 Estimated rent

    Home value

    $560,400

    $510,000 - $616,000

    $3,017/mo

    Zestimate® history
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    $4,937/mo

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    What's special

    Spa-like retreatOne-of-a-kind loftThree open bedroomsNatural stone bathroomsTwo dedicated office spacesIn-unit laundryUnique open-concept layout
    A truly one-of-a-kind loft offering an extraordinary blend of history, scale, and architectural character. Once home to the original hardware used by the Lyric Opera to construct production sets, this remarkable residence showcases breathtaking 27-foot ceilings at their highest point, creating an unforgettable sense of volume and light. Thoughtfully designed across three levels, the unique open-concept layout offers exceptional flexibility with three open bedrooms, two dedicated office spaces-including one that can easily serve as an expansive walk-in dressing room-and two full bathrooms. Designed for both everyday living and effortless entertaining, the dramatic main living area flows seamlessly into the dining space and spacious kitchen. The kitchen features a large island with breakfast bar seating, abundant cabinetry, granite countertops, and stainless steel appliances. The natural stone bathrooms provide a spa-like retreat, highlighted by a luxurious primary bath with a double vanity, separate shower, and oversized jetted soaking tub. Completing this exceptional home is a private balcony showcasing city and lake views to the east, in-unit laundry, impressive storage throughout, and an attached garage parking space included in the price. Ideally located with convenient access to Lake Shore Drive, I-55, I-90/94, the lakefront, downtown Chicago, and everything the city has to offer, this is a rare opportunity to own one of Chicago's most distinctive loft residences.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura Topp, ABR,ABRM 773-419-0076,

    Berkshire Hathaway HomeServices Chicago,

    Rebecca Conant,

    Berkshire Hathaway HomeServices Chicago

    Bought with:

    Aminah Yassin

    Luxe Group Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12715672MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Office
    Primary bedroom
    • Features: Flooring (Hardwood), Bathroom (Full, Double Sink, Tub & Separate Shwr, Whirlpool & Sep Shwr, Whirlpool)
    • Level: Third
    • Area: 192 Square Feet
    • Dimensions: 16X12
    Bedroom 2
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 12X8
    Bedroom 3
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 32 Square Feet
    • Dimensions: 4X8
    Dining room
    • Level: Main
    • Dimensions: COMBO
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Island, Granite Counters, SolidSurfaceCounter, Updated Kitchen), Flooring (Hardwood)
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12X11
    Laundry
    • Level: Main
    • Area: 9 Square Feet
    • Dimensions: 3X3
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 16X17
    Office
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 152 Square Feet
    • Dimensions: 19X8
    Office
    • Features: Flooring (Hardwood)
    • Level: Third
    • Area: 136 Square Feet
    • Dimensions: 17X8
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
    • Laundry: Main Level, Washer Hookup, In Unit
    Features
    • Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Storage, Open Floorplan, Granite Counters, Health Facilities, Lobby
    • Flooring: Hardwood
    • Windows: Drapes
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 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
    • Patio & porch: Roof Deck, Deck
    • Exterior features: Balcony, Dog Run
    Details
    • Additional parcels included: 17282370391177
    • Parcel number: 17282370391114
    • Special conditions: None

    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: 2010

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Opera Lofts
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Storage, Sundeck, Security Door Lock(s), Ceiling Fan
    • Services included: Water, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
    • HOA fee: $726 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $280/sqft
    • Tax assessed value: $491,770
    • Annual tax amount: $10,845
    • Date on market: 7/25/2026
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    9/10/2026Sold$560,000+2%$280/sqft
    Source: MRED as distributed by MLS GRID #12715672 Report a problem
    7/31/2026Contingent$549,000$275/sqft
    Source: MRED as distributed by MLS GRID #12715672 Report a problem
    7/25/2026Listed for sale$549,000$275/sqft
    Source: MRED as distributed by MLS GRID #12715672 Report a problem
    7/19/2026Contingent$549,000$275/sqft
    Source: MRED as distributed by MLS GRID #12698766 Report a problem
    7/15/2026Listed for sale$549,000+19.9%$275/sqft
    Source: MRED as distributed by MLS GRID #12698766 Report a problem
    3/6/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11679881 Report a problem
    11/29/2022Listed for rent$3,500$2/sqft
    Source: Zillow Rental Network_1 #11679881 Report a problem
    3/29/2018Sold$458,000+1.8%$229/sqft
    Source: MRED as distributed by MLS GRID #09850668 Report a problem
    12/5/2016Sold$450,000$225/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,916 -7.5%$49,177 -2.9%
    2023$10,722 +2.6%$50,652
    2022$10,451 +2.3%$50,652
    2021$10,216 +61.2%$50,652 +78%
    2020$6,339 +10.9%$28,454
    2019$5,717 +1.7%$28,454
    2018$5,621 +74.2%$28,454 +89.8%
    2017$3,226 +7.5%$14,988
    2016$3,002 -27.1%$14,988 -33.3%
    2015$4,118 $22,474
    Find assessor info on the county website

    Neighborhood: South Loop

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Drake Elementary School
    • High: Phillips Academy High School
    • 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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    Estimated market value
    $560,400
    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
    $560,400