Lovingly designed loft space in the heart of Printer's Row in the historic Franklin Building. 9 tall windows (3 of them in the bedroom) flood the place with afternoon sunshine. Wide open traditional loft space with high ceilings, exposed brick, concrete pillars and beams and genuine oak floors dating from the condo conversion in 1989. Because the building was created for printing presses, the subfloors are thick concrete so you will never hear anyone from above or below. The loft has been fitted out with an amazing amount of storage. Massive built-in open shelved bookcases extend from floor to ceiling on the entire south wall of the living room. There is another floor to ceiling bookcase on the east wall as well as two floor to ceiling storage closets. Along the north wall are closets for coats and shelving. A wonderful banquette with room for baskets beneath is tucked into the window wall on the northwest corner of the room creating a cozy spot for eating or curling up in the afternoon sunshine with a book. Remote controlled shades and lighting installed in 2023. The contemporary open kitchen has wood cabinets, granite countertops, distinctive backsplash tiles and SS appliances including a new (2025) range and dishwasher. Both the half bath and the full bath have been updated. The full bath has a glass enclosed shower with a pebble stone wall and a double vanity with 2 Mexican handcrafted sinks. The toilet is in a separate compartment which also includes the front loading laundry machines. The fully private bedroom has 3 large windows, floor to ceiling closets and more bookshelves. The powder room has a full wall and backsplash of hand crafted Mexican tiles and a Mexican sink set in a unique wood slab counter. Possibilities are endless in this airy condominium. Because there are so many windows with frontage on the street, more rooms could be created or reconfigured. There are no structural walls because of the concrete pillars and beams. For those who live on this special block of the city, there is nowhere else they'd rather be. It is in the center of the transportation hub of the metropolis. All of the CTA train lines have stops within 2 blocks of the building. There is a Red Line stop right outside on Polk. It's easy access to all of the highways from Ida B Wells Drive just 2 blocks north including easy access to DuSable Lake Shore Dr. Buses stop across the street. The neighborhood is brimming with restaurants, bars & shops. It's an easy walk or roll to Grant Park, Buckingham Fountain, Millennium Park, the museums, theaters, universities, and all of the shopping and eating in the Loop. You can head south and be at the University of Chicago and its hospitals in minutes or head west and be at the UIC campus and its nearby hospitals even sooner. Walk Score says it's a walker's and public transportation rider's paradise. The vaunted 2-way protected bike path that runs all the way through the Loop and over the river begins outside the front door. Parking garages and a parking lot surround this building. The parking offered would be offsite and leased separately, but you'll rarely have to use a car. There is a bike room in the basement next to the coin laundry which is available to use if you have bulky items. The building engineer is competent and friendly, and the management company is miraculously accessible. There is a large service elevator that opens to the street for easy move-in and out that recalls its days of hauling heavy loads of paper. This building is carefully run by an attentive board and management. The reserve is at $1,100,000 and there hasn't been a special assessment in over 25 years. EVERYTHING is included in the assessment except electric. That includes high speed internet and basic cable from Astound. The building is about to embark on a renovation of the hallways and foyer to address its modern needs (larger package room for post-pandemic deliveries) while enhancing its very special vintage character
$399,000
720 S Dearborn St APT 504, Chicago, IL 60605
1beds
1,287sqft
Condominium, Apartment, Single Family Residence
Built in 1916
-- sqft lot
$391,800 Zestimate®
$310/sqft
$720/mo HOA
What's special
Exposed brickLovingly designed loft spaceGranite countertopsDistinctive backsplash tiles
- 2 hours
- 47
- 4
Zillow last checked:
Listing updated:
Listed by:
Margie Smigel 312-953-1466,
The Margie Smigel Group, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12755947
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Foyer
Primary bedroom
- Features: Flooring (Hardwood), Window Treatments (Aluminum Frames, Blinds, Double Pane Windows, Curtains/Drapes, Screens, Shades, Window Treatments), Bathroom (Full, Double Sink, Shower Only)
- Level: Main
- Area: 150 Square Feet
- Dimensions: 10X15
Dining room
- Features: Flooring (Hardwood), Window Treatments (Aluminum Frames, Blinds, Double Pane Windows, Curtains/Drapes, Screens, Shades, Window Treatments)
- Level: Main
- Area: 221 Square Feet
- Dimensions: 13X17
Foyer
- Features: Flooring (Hardwood)
- Level: Main
- Area: 40 Square Feet
- Dimensions: 4X10
Kitchen
- Features: Kitchen (Galley, Island, Granite Counters, Pantry, Updated Kitchen), Flooring (Hardwood)
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8X10
Laundry
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 9 Square Feet
- Dimensions: 3X3
Living room
- Features: Flooring (Hardwood), Window Treatments (Aluminum Frames, Double Pane Windows, Screens, Shades)
- Level: Main
- Area: 560 Square Feet
- Dimensions: 20X28
Heating
- Forced Air, Baseboard
Cooling
- Central Air, Electric
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Electric Cooktop, Electric Oven
- Laundry: Main Level, Washer Hookup, Electric Dryer Hookup, In Unit, In Bathroom
Features
- 1st Floor Bedroom, Built-in Features, Bookcases, High Ceilings, Open Floorplan, Dining Combo, Granite Counters, Lobby, Replacement Windows
- Flooring: Hardwood
- Doors: French Doors, Lever Style Door Handles
- Windows: Replacement Windows, Screens, Window Treatments, Aluminum Frames, Double Pane Windows, Shades
- Basement: Partially Finished,Partial
Interior area
- Total structure area: 1,287
- Total interior livable area: 1,287 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage, Off Site, Leased, Detached, Off Street, Parking Lot
- Garage spaces: 2
Accessibility
- Accessibility features: Door Width 32 Inches or More, Lowered Light Switches, No Interior Steps, Wheelchair Adaptable, Accessible Elevator Installed, Visitor Bathroom, Disability Access
Features
- Exterior features: Lighting
Lot
- Features: Landscaped, Level
Details
- Parcel number: 17164060321047
- Special conditions: List Broker Must Accompany
- Other equipment: TV-Cable, Ceiling Fan(s), Internet-Fiber
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Apartment, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1916
- Major remodel year: 2000
Details
- Builder model: LOFT
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan, Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: Franklin Lofts
HOA
- Has HOA: Yes
- Amenities included: Bike Room/Bike Trails, Coin Laundry, Elevator in Residence, On Site Manager/Engineer, Security Door Lock(s), Service Elevator(s), Elevator(s), High Speed Conn., Intercom, Public Bus, Security Lighting, Underground Utilities
- Services included: Heat, Air Conditioning, Water, Insurance, Cable TV, Exterior Maintenance, Scavenger, Snow Removal, Internet
- HOA fee: $720 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $310/sqft
- Tax assessed value: $316,220
- Annual tax amount: $5,332
- Date on market: 9/11/2026
- Ownership: Condo
Estimated market value
$391,800
$372,000 - $411,000
$2,210/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $399,000+62.9%$310/sqft |
Source: | ||
| 9/8/2000 | Sold | $245,000+69%$190/sqft |
Source: Public Record Report a problem | ||
| 9/10/1998 | Sold | $145,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,162 -9.5% | $31,622 -4.2% |
| 2023 | $5,706 +3.3% | $33,012 |
| 2022 | $5,524 +1.7% | $33,012 |
| 2021 | $5,433 +15.4% | $33,012 +23.6% |
| 2020 | $4,706 +2.2% | $26,709 -8.2% |
| 2019 | $4,604 +1.8% | $29,090 |
| 2018 | $4,525 +19% | $29,090 +22.6% |
| 2017 | $3,802 -2.4% | $23,737 |
| 2016 | $3,897 +7.5% | $23,737 -2.2% |
| 2015 | $3,624 +11.9% | $24,273 +21.2% |
| 2014 | $3,238 +2.4% | $20,021 |
| 2013 | $3,163 -3.8% | $20,021 -3.8% |
| 2012 | $3,287 -2.7% | $20,811 -9% |
| 2011 | $3,378 | $22,866 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Printers Row
Nearby schools
Schools provided by the listing agent
- Elementary: South Loop Elementary School
- Middle: South Loop Elementary 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.





