2545 S DEARBORN Street # 507 Chicago, IL $ 342,000
2545 S DEARBORN Street # 507
$ 342,000
Recently Listed
Open House 5/16 10am - 11:30pm
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2545 S DEARBORN Street # 507

Chicago, IL, 60616
$ 342,000
Bedrooms2 Baths2.0 Sq 1,171

Monthly Estimate*

$ 2,106

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Condo for sale in Chicago, IL

for $342,000 with 2 bedrooms and 2 full baths. This 1,171 square foot condo was built in 1909.

Welcome to Opera Lofts, where the former design workshop of Lyric Opera of Chicago has been transformed into 93 individual lofts rich in character and architectural drama. This 2 bed, 2 bath residence showcases soaring 17-foot ceilings, exposed brick, and oversized windows that flood the space with natural light. The expansive open-concept living and dining area is anchored by hardwood floors and flows seamlessly into a modern kitchen featuring granite countertops, stainless steel appliances, and 42" cabinetry-perfect for both everyday living and entertaining. Step outside to your private balcony, while the convenience of in-unit laundry, abundant storage and a cozy fireplace, adds effortless comfort. Premium Heated Garage Parking included!Residents enjoy LOW ASSESSMENTS and full-service amenities including a fitness center, dog run, and a panoramic rooftop deck with breathtaking skyline views. The building itself showcases gorgeous set pieces from the Lyric Stage, adding to a truly unique living experience. Ideally situated near downtown, this home offers easy access to the Lakefront, Chinatown, South Loop, 31st Street Beach, Museum Campus, Expressways, and Public Transit. Thoughtfully designed and full of character, this inviting loft is a place you'll love coming home to.

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Open House

5/16/2026 10:00 AM - 11:30 PM
2545 S DEARBORN Street # 507 Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

$ 342,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 6,660

Style

Condo,Condo-Loft

Year Built

1909

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12642269

Features
General
Living Area 1171
Sewer Shared Septic
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator Disposal Humidifier
HOA Fee 433
Garage Spaces 1
Association Fee Includes Water Insurance Security Exercise Facilities Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Pets Allowed Cats OK Dogs OK Number Limit
Year Built 1909
Electric 100 Amp Service
Township South Chicago
Unit Number 507
Tax Year 2024
Ownership Condo
Additional Parcels Description 17282370391045
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Elevator in Residence Exercise Room Storage Sundeck Service Elevator(s)
Subdivision Name Opera Lofts
Total Rooms 5
Full Baths 2
Status New
Directions STATE TO 26TH ST W TO DEARBORN
City Chicago
High School District 299
MLS Area CHI - Near South Side
Tax Annual Amount 6660.74
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo Condo-Loft
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Interior
Interior Amenities Cathedral Ceiling(s) Storage
Basement None
Flooring Hardwood
Total Stories 7
Half Baths 0
Laundry Features Washer Hookup In Unit
Total Bedrooms 2
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 2
Total Number of Units 93
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Exterior
Exterior Amenities Balcony
Parking Features Yes Garage Owned Attached Garage
Water Source Public
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Jameson Sotheby's Intl Realty

Broker

ncready@jamesonsir.com;ncready@jamesonsir.com

Email

Affordability Calculator

$2,661
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,106
Monthly Property Taxes
$555
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2026$342,000 Listed Price

Map


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2545 S DEARBORN Street # 507, Chicago, IL, 60616 is a Condo for sale at $342,000 with 1,171 sqft. 2545 S DEARBORN Street # 507 has 2 bedrooms, 2.0 baths, and was built in 1909. The property's zip code is 60616 which is in Chicago, IL