Set within the iconic Opera Lofts, once the workshop and warehouse for the Chicago Lyric Opera, this top-floor condo combines authentic loft character with exceptional flexibility and style. Soaring 16' concrete ceilings and oversized east-facing windows flood the space with natural light. Hardwood floors run throughout the expansive open-concept layout, anchored by a welcoming living room with a gas fireplace and ample space for both lounging and dining. Sliding glass doors open to a private balcony with views of downtown and the Lake Michigan! The kitchen is designed for entertaining and everyday living alike, featuring an island, stainless steel appliances, tiled backsplash, and abundant storage and prep space. The spacious primary suite includes two large closets and an en suite bath with a double vanity, while the second bedroom offers flexibility for guests, a home office, or creative space. Additional conveniences include central air, in-unit laundry, and generous closet space. The dramatic ceiling height within this unit also provides a rare opportunity to create additional living, workspace, or sleeping areas tailored to your needs. One parking space in attached heated garage included in price! Residents of this elevator building enjoy an impressive collection of amenities, including a beautifully landscaped rooftop deck, fitness center, dog run, and the chance to live in one of Chicago's most distinctive loft conversions.
Closed
$370,000
2545 S Dearborn St APT 705, Chicago, IL 60616
2beds
1,100sqft
Condominium, Apartment, Single Family Residence
Built in 1909
-- sqft lot
$370,100 Zestimate®
$336/sqft
$2,272 Estimated rent
Home value
$370,100
$337,000 - $407,000
$2,272/mo
Zestimate® history
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Zillow last checked:
Listed by:
Jennifer Schreiber 773-326-6500,
Baird & Warner
Bought with:
Grigory Pekarsky
Vesta Preferred LLC
Source: MRED as distributed by MLS GRID,MLS#: 12608580
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Balcony/Porch/Lanai, Walk In Closet
Primary bedroom
- Features: Flooring (Hardwood), Bathroom (Full)
- Level: Main
- Area: 286 Square Feet
- Dimensions: 26X11
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Balcony porch lanai
- Features: Flooring (Other)
- Level: Main
- Area: 60 Square Feet
- Dimensions: 5X12
Dining room
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Island), Flooring (Hardwood)
- Level: Main
- Area: 135 Square Feet
- Dimensions: 15X9
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 300 Square Feet
- Dimensions: 20X15
Walk in closet
- Features: Flooring (Hardwood)
- Level: Main
- Area: 32 Square Feet
- Dimensions: 8X4
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Laundry: Washer Hookup, In Unit, Laundry Closet
Features
- Cathedral Ceiling(s), Storage, Walk-In Closet(s)
- Flooring: Hardwood
- Doors: Sliding Glass Door(s)
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter, Living Room
Interior area
- Total structure area: 0
- Total interior livable area: 1,100 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
Details
- Additional parcels included: 17282370391130
- Parcel number: 17282370391117
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Apartment, Single Family Residence
Materials
- Brick
- Roof: Tar/Gravel
Condition
- New construction: No
- Year built: 1909
- Major remodel year: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Sundeck, Security Door Lock(s), Service Elevator(s)
- Services included: Water, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
- HOA fee: $502 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $336/sqft
- Tax assessed value: $332,930
- Annual tax amount: $6,513
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Sold | $370,000+3.1%$336/sqft |
Source:  MRED as distributed by MLS GRID #12608580 Report a problem | ||
| 6/16/2026 | Pending sale | $359,000$326/sqft |
Source: MRED as distributed by MLS GRID #12608580 Report a problem | ||
| 5/24/2026 | Contingent | $359,000$326/sqft |
Source: MRED as distributed by MLS GRID #12608580 Report a problem | ||
| 5/14/2026 | Listed for sale | $359,000+19.7%$326/sqft |
Source: MRED as distributed by MLS GRID #12608580 Report a problem | ||
| 9/8/2017 | Sold | $300,000-15.7%$273/sqft |
Source: MRED as distributed by MLS GRID #09701482 Report a problem | ||
| 3/17/2009 | Sold | $356,000$324/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $33,293 -0.2% |
| 2023 | $7,059 +2.6% | $33,346 |
| 2022 | $6,880 +2.3% | $33,346 |
| 2021 | $6,726 +12% | $33,346 +23.7% |
| 2020 | $6,004 -1% | $26,950 -10.7% |
| 2019 | $6,063 +1.7% | $30,178 |
| 2018 | $5,961 +102.7% | $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
Neighborhood: South Loop
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Nearby schools
GreatSchools rating
- 4/10Drake Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Phillips Academy High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Drake Elementary School
- Middle: 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
$370,100
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Estimated market value
$370,100
- Illinois
- Cook County
- Chicago
- 60616
- South Loop
- 2545 S Dearborn St Apartment 705
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