2545 S DEARBORN Street # 702 Chicago, IL $ 549,000
2545 S DEARBORN Street # 702
$ 549,000
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2545 S DEARBORN Street # 702

Chicago, IL, 60616
$ 549,000
Bedrooms3 Baths2.0 Sq 2,000

Monthly Estimate*

$ 3,466

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Condo for sale in Chicago, IL

for $549,000 with 3 bedrooms and 2 full baths. This 2,000 square foot condo was built in 1909.

A truly one-of-a-kind loft offering an extraordinary blend of history, scale, and architectural character. Once home to the original hardware used by the Lyric Opera to construct production sets, this remarkable residence showcases breathtaking 27-foot ceilings at their highest point, creating an unforgettable sense of volume and light. Thoughtfully designed across three levels, the unique open-concept layout offers exceptional flexibility with three open bedrooms, two dedicated office spaces-including one that can easily serve as an expansive walk-in dressing room-and two full bathrooms. Designed for both everyday living and effortless entertaining, the dramatic main living area flows seamlessly into the dining space and spacious kitchen. The kitchen features a large island with breakfast bar seating, abundant cabinetry, granite countertops, and stainless steel appliances. The natural stone bathrooms provide a spa-like retreat, highlighted by a luxurious primary bath with a double vanity, separate shower, and oversized jetted soaking tub. Completing this exceptional home is a private balcony showcasing city and lake views to the east, in-unit laundry, impressive storage throughout, and an attached garage parking space included in the price. Ideally located with convenient access to Lake Shore Drive, I-55, I-90/94, the lakefront, downtown Chicago, and everything the city has to offer, this is a rare opportunity to own one of Chicago's most distinctive loft residences.

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Condo Active

Price

$ 549,000

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 10,381

Style

Condo,Condo-Loft,Penthouse

Year Built

1909

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12698766

Features
General
Living Area 2000
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal Stainless Steel Appliance(s)
HOA Fee 694
Garage Spaces 1
Association Fee Includes Water Parking Insurance Exercise Facilities Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Year Built 1909
Township South Chicago
Unit Number 702
Tax Year 2024
Ownership Condo
Additional Parcels Description 17282370391177
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) Ceiling Fan
Subdivision Name Opera Lofts
Total Rooms 7
Full Baths 2
Status New
Directions STATE TO 26TH W TO DEARBORN N TO BUILDING
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 10381.08
Additional Parcels Y/N Y
Virtual Tour https://my.matterport.com/show/?m=jcEUVA1kyjs&mls=1
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo Condo-Loft Penthouse
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Interior
Interior Amenities Cathedral Ceiling(s) 1st Floor Bedroom 1st Floor Full Bath Storage Open Floorplan Granite Counters Health Facilities Lobby
Basement None
Flooring Hardwood
Total Stories 7
Half Baths 0
Laundry Features Main Level Washer Hookup In Unit
Total Bedrooms 3
Room Type Office
Total Baths 2
Bedrooms Possible 3
Bathroom Whirlpool Separate Shower 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 Public
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

ltopp@bhhschicago.com

Email

Affordability Calculator

$4,332
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,466
Monthly Property Taxes
$865
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
566846 Middle School
Phillips Academy High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$549,000 Listed Price

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2545 S DEARBORN Street # 702, Chicago, IL, 60616 is a Condo for sale at $549,000 with 2,000 sqft. 2545 S DEARBORN Street # 702 has 3 bedrooms, 2.0 baths, and was built in 1909. The property's zip code is 60616 which is in Chicago, IL