2545 S DEARBORN Street #508
Chicago, IL, 60616
$299,000
2 Beds
1 Baths
990 SqFt
0 Acres
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$299,000
2545 S DEARBORN Street #508
Chicago, IL, 60616
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Don’t miss this character-filled, RARELY available 2-bedroom loft in chic South Loop at The Opera Lofts with deeded garage parking space included. This gem is approximately 1000 sq ft, has over 11′ ceilings, exposed brick, and a spacious balcony, the condo exudes style and sophistication. This loft building offers unique and dramatic spaces, perfect for the modern urbanite. Featuring hardwood floors, granite countertops, a gas fireplace, and stainless-steel appliances, the kitchen is both sleek and functional, optimal for entertaining. Retreat to a spa-like bathroom that boasts cool exposed brick, marble finishes, a jetted tub, and a vessel sink. The balcony is ideal for grilling and relaxing. The in-unit washer and dryer completes the space. This prime location near highways, the lake front bike/walk paths, the 31st street beach/harbor, Downtown Chicago, Chinatown, McCormick Place, and Universities; offers convenience and accessibility for all your needs. Building amenities include heated garage parking, a fitness center, a 7000 sq. ft. green roof with two decks, and a pet-friendly dog run. The Opera Lofts building was originally the design workshop and warehouse for the world-famous Lyric Opera of Chicago. In 2007, it was converted into 93 unique sun-filled, dramatic, and inspired loft residences. Schedule your private showing today; don’t miss the chance to own a piece of history while living in contemporary luxury!

Property Details

Price:
$299,000
MLS #:
MRD12271979
Status:
Active Under Contract
Beds:
2
Baths:
1
Type:
Condo
Subdivision:
Opera Lofts
Neighborhood:
CHI – Near South Side
Listed Date:
May 2, 2025
Finished Sq Ft:
990
Year Built:
1907
Parking TotalChi – Near South SideChi – Near South SideOpera Lofts

Schools

School District:
299

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
Bathrooms
1 Full Bathroom
Cooling
Central Air
Fireplaces Total
1
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Laundry Features
Washer Hookup, In Unit

Exterior

Association Amenities
Bike Room/ Bike Trails, Elevator(s), Exercise Room, Sundeck, Security Door Lock(s), Service Elevator(s)
Construction Materials
Brick
Exterior Features
Balcony, Roof Deck, Dog Run
Parking Features
Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
Parking Spots
1

Financial

HOA Fee
$411
HOA Frequency
Monthly
HOA Includes
Water, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2023
Taxes
$6,803
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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 Sep 15, 2025
3,825
Condo Listed
61
Avg DOM
368
Avg $ / SqFt
$606,935
Avg List Price

Community

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Property Summary

    Located in the Opera Lofts subdivision, 2545 S DEARBORN Street #508 Chicago IL is a Condo for sale in Chicago, IL, 60616. It is listed for $299,000 and features 2 beds, 1 baths, and has approximately 990 square feet of living space, and was originally constructed in 1907. The current price per square foot is $302. The average price per square foot for Condo listings in Chicago is $368. The average listing price for Condo in Chicago is $606,935. To schedule a showing of MLS#mrd12271979 at 2545 S DEARBORN Street #508 in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2545 S DEARBORN Street #508
Chicago, IL