2545 S DEARBORN Street #702
Chicago, IL, 60616
$549,000
3 Beds
2 Baths
2,000 SqFt
0 Acres
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$549,000
2545 S DEARBORN Street #702
Chicago, IL, 60616
MLS #MRD12698766 image #0
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.

Property Details

Price:
$549,000
MLS #:
MRD12698766
Status:
Active
Beds:
3
Baths:
2
Type:
Condo
Subdivision:
Opera Lofts
Neighborhood:
chinearsouthside
Listed Date:
Jul 9, 2026
Finished Sq Ft:
2,000
Year Built:
1909
Parking TotalChi – Near South SideChinearsouthsideOpera LoftsDrake Elementary SchoolPhillips Academy High School

Schools

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

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Interior Features
Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Storage, Open Floorplan, Granite Counters, Health Facilities, Lobby
Laundry Features
Main Level, Washer Hookup, In Unit

Exterior

Association Amenities
Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Sundeck, Security Door Lock(s), Ceiling Fan
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
Window Features
Drapes

Financial

HOA Fee
$694
HOA Fee Frequency
Monthly
HOA Includes
Water, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2024
Taxes
$10,381
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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 Jul 16, 2026
3,396
Condo Listed
58
Avg DOM
382
Avg $ / SqFt
$635,179
Avg List Price

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Property Summary

    Located in the Opera Lofts subdivision, 2545 S DEARBORN Street #702 Chicago IL is a Condo for sale in Chicago, IL, 60616. It is listed for $549,000 and features 3 beds, 2 baths, and has approximately 2,000 square feet of living space, and was originally constructed in 1909. The current price per square foot is $275. The average price per square foot for Condo listings in Chicago is $382. The average listing price for Condo in Chicago is $635,179. To schedule a showing of MLS#mrd12698766 at 2545 S DEARBORN Street #702 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
2545 S DEARBORN Street #702
Chicago, IL