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Off market
  • $701,500

    2545 S Dearborn St APT 707, Chicago, IL 60616

    3beds
    2,363sqft
    Condo
    Built in 1909
    -- sqft lot
    $701,500 Zestimate®
    $297/sqft
    $3,845 Estimated rent

    Home value

    $701,500

    $631,000 - $779,000

    $3,845/mo

    Zestimate® history
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    Rent Zestimate®

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    $4,894/mo

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    $4,894/mo

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    What's special

    One of a kind 3 bedroom, 3 bathroom ultimate penthouse in the Opera Lofts. You don't want to miss this bright and spacious lofted apartment with classic architectural detailing complemented by modern upscale finishes. The soaring ceilings heights with floor to ceiling windows and two oversized terraces flood the space with natural light and provide for stunning sunsets. This home features hardwood floors throughout the three levels of living space. The beautiful kitchen boasts stainless steel appliances and granite countertops. This top floor, corner unit is perfectly quiet. The main bedroom is generously sized with tons of closet space and the en-suite marble bath showcases vessel sinks and a whirlpool bath. Building amenities include one heated/garage parking, fitness center, and roof deck. The historic building served as the design work shop for the world-famous Lyric Opera of Chicago. Today this unique space has been reinvented as dramatic and inspired loft residences.

    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: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,363 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Details
    • Parcel number: 17282370391119

    Construction

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

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $765 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $297/sqft
    • Tax assessed value: $747,930

    Price history

    DateEventPrice
    11/30/2021Sold$585,000-2.5%$248/sqft
    Source: MRED as distributed by MLS GRID #11218211 Report a problem
    11/23/2021Pending sale$599,900$254/sqft
    Source: MRED as distributed by MLS GRID #11218211 Report a problem
    10/12/2021Contingent$599,900$254/sqft
    Source: MRED as distributed by MLS GRID #11218211 Report a problem
    9/14/2021Price change$599,900-4%$254/sqft
    Source: MRED as distributed by MLS GRID #11218211 Report a problem
    7/27/2021Listed for sale$625,000-6.3%$264/sqft
    Source: MRED as distributed by MLS GRID #11170099 Report a problem
    7/27/2021Listing removed--
    Source: MRED as distributed by MLS GRID #11084270 Report a problem
    5/11/2021Listed for sale$667,000$282/sqft
    Source: MRED as distributed by MLS GRID #11084270 Report a problem
    5/11/2021Listing removed--
    Source: MRED as distributed by MLS GRID #11060765 Report a problem
    4/24/2021Pending sale$667,000$282/sqft
    Source: Keller Williams #11060765 Report a problem
    4/24/2021Contingent$667,000$282/sqft
    Source: MRED as distributed by MLS GRID #11060765 Report a problem
    12/15/2020Price change$667,000-4%$282/sqft
    Source: MRED as distributed by MLS GRID #10950006 Report a problem
    10/13/2020Listed for sale$695,000+19.6%$294/sqft
    Source: Keller Williams Chicago-Lincoln Park #10903760 Report a problem
    5/12/2017Sold$581,000$246/sqft
    Source: MRED as distributed by MLS GRID #09345402 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $74,793 -3.9%
    2023$16,476 +2.6%$77,834
    2022$16,059 +2.3%$77,834
    2021$15,698 +62.8%$77,834 +79.9%
    2020$9,641 +10.9%$43,276
    2019$8,695 +1.7%$43,276
    2018$8,548 +74.2%$43,276 +89.8%
    2017$4,907 +7.5%$22,795
    2016$4,566 -27.1%$22,795 -33.3%
    2015$6,263 $34,180
    Find assessor info on the county website

    Neighborhood: South Loop

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $701,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $701,500