2545 S Dearborn Street # 705 Chicago, IL $ 359,000
2545 S Dearborn Street # 705
$ 359,000
Recently Listed
Open House 5/16 11am - 1pm
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2545 S Dearborn Street # 705

Chicago, IL, 60616
$ 359,000
Bedrooms2 Baths2.0 Sq 1,100

Monthly Estimate*

$ 2,210

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Condo for sale in Chicago, IL

for $359,000 with 2 bedrooms and 2 full baths. This 1,100 square foot condo was built in 1909.

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.

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Open House

5/16/2026 11:00 AM - 1:00 PM
5/17/2026 11:00 AM - 1:00 PM
2545 S Dearborn Street # 705 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

$ 359,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 6,513

Style

Condo-Loft,High Rise (7+ Stories)

Year Built

1909

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12608580

Features
General
Living Area 1100
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Tar/Gravel
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal
HOA Fee 502
Garage Spaces 1
Association Fee Includes Water Parking Insurance Exercise Facilities Exterior Maintenance Scavenger Snow Removal
Construction Materials Brick
Pets Allowed Cats OK Dogs OK Number Limit Size Limit
Year Built 1909
Township South Chicago
Unit Number 705
Tax Year 2024
Ownership Condo
Additional Parcels Description 17282370391130
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Elevator in Residence Exercise Room Sundeck Security Door Lock(s) Service Elevator(s)
Total Rooms 5
Full Baths 2
Status New
Directions State Street West on W 26th Street to S Dearborn turn right to front door
High School Phillips Academy High School
City Chicago
High School District 299
MLS Area CHI - Near South Side
Elementary School Drake Elementary School
Tax Annual Amount 6513.87
Middle/Junior High School Drake Elementary School
Additional Parcels Y/N Y
Virtual Tour https://smartfloorplan.com/il/v511017/player.pl
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo-Loft High Rise (7+ Stories)
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Interior
Interior Amenities Cathedral Ceiling(s) Storage Walk-In Closet(s)
Basement None
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Attached Fireplace Doors/Screen Gas Log Gas Starter
Total Stories 7
Half Baths 0
Laundry Features Washer Hookup In Unit Laundry Closet
Total Bedrooms 2
Room Type Balcony/Porch/Lanai Walk In Closet
Total Baths 2
Bedrooms Possible 2
Bathroom Whirlpool Double Sink Soaking Tub
Total Number of Units 93
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Exterior
Exterior Amenities Balcony Roof Deck
Parking Features Garage Door Opener Heated Garage Yes Garage Owned Attached Garage
Water Source Lake Michigan Public
Total Parking 1
Lot Dimensions CONDO
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s)
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* Excluded Features
List By
Baird & Warner

Broker

jen.schreiber@bairdwarner.com

Email

Affordability Calculator

$2,753
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,210
Monthly Property Taxes
$543
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
4891095 Elementary School
4891095 Middle School
Phillips Academy High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2026$359,000 Listed Price

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2545 S Dearborn Street # 705, Chicago, IL, 60616 is a Condo for sale at $359,000 with 1,100 sqft. 2545 S Dearborn Street # 705 has 2 bedrooms, 2.0 baths, and was built in 1909. The property's zip code is 60616 which is in Chicago, IL