2545 S Dearborn Street #705
Chicago, IL, 60616
$359,000
2 Beds
2 Baths
1,100 SqFt
0 Acres
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$359,000
2545 S Dearborn Street #705
Chicago, IL, 60616
MLS #MRD12608580 image #0MLS #MRD12608580 image #1MLS #MRD12608580 image #2MLS #MRD12608580 image #3MLS #MRD12608580 image #4MLS #MRD12608580 image #5MLS #MRD12608580 image #6MLS #MRD12608580 image #7MLS #MRD12608580 image #8MLS #MRD12608580 image #9MLS #MRD12608580 image #10MLS #MRD12608580 image #11MLS #MRD12608580 image #12MLS #MRD12608580 image #13MLS #MRD12608580 image #14MLS #MRD12608580 image #15MLS #MRD12608580 image #16MLS #MRD12608580 image #17MLS #MRD12608580 image #18MLS #MRD12608580 image #19MLS #MRD12608580 image #20
Open House May 16, 2026
11:00 – 01:00
Open House May 17, 2026
11:00 – 01:00
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.

Property Details

Price:
$359,000
MLS #:
MRD12608580
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Neighborhood:
chinearsouthside
Listed Date:
May 14, 2026
Finished Sq Ft:
1,100
Year Built:
1909
Parking TotalChi – Near South SideChinearsouthsideDrake Elementary SchoolDrake Elementary SchoolPhillips Academy High School

Schools

School District:
299
Elementary School:
Drake Elementary School
Middle School:
Drake Elementary School
High School:
Phillips Academy High School

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Interior Features
Cathedral Ceiling(s), Storage, Walk-In Closet(s)
Laundry Features
Washer Hookup, In Unit, Laundry Closet

Exterior

Association Amenities
Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Sundeck, Security Door Lock(s), Service Elevator(s)
Construction Materials
Brick
Exterior Features
Balcony, Roof Deck
Garage Spaces
1
Parking Features
Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Parking Spots
1
Parking Total
1
Patio And Porch Features
Deck
Roof
Tar/Gravel

Financial

HOA Fee
$502
HOA Fee Frequency
Monthly
HOA Includes
Water, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
Tax Year
2024
Taxes
$6,514
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Condo in Chicago as of May 15, 2026
3,578
Condo Listed
56
Avg DOM
381
Avg $ / SqFt
$631,627
Avg List Price

Community

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Property Summary

    2545 S Dearborn Street #705 Chicago IL is a Condo for sale in Chicago, IL, 60616. It is listed for $359,000 and features 2 beds, 2 baths, and has approximately 1,100 square feet of living space, and was originally constructed in 1909. The current price per square foot is $326. The average price per square foot for Condo listings in Chicago is $381. The average listing price for Condo in Chicago is $631,627. To schedule a showing of MLS#mrd12608580 at 2545 S Dearborn Street #705 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
2545 S Dearborn Street #705
Chicago, IL