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The Opera Lofts

2545 S DEARBORN - South Loop Condo

About The Opera Lofts

The history of this building is almost as interesting as its lofts are spacious. For much of the 20th century, this site served as the fabrication and design center for the Chicago Lyric Opera, and thousands of opera sets were constructed and stored here. Recently though, the building has been renovated and converted for residential use, and the building, which is located at 2545 S. Dearborn in Chicago's up-and-coming South Loop neighborhood, is now home to 93 separate condos.

In this day and age, there are some essential elements that we just expect have in our urban dwellings, while other features are an added bonus that make the city lifestyle that much sweeter. The units at 2545 S. Dearborn incorporate the basic necessities with a touch of luxury, from the handy building services and facilities to the amenities of your private abode. The building's floorplans, which include anywhere from 1 to 2 bedrooms, come in all different square footages to suit the needs of homeowners with varying family sizes. The average master bedroom is 226 square feet, although some can be as large as 320 square feet. The second bedroom is typically 132 square feet, still a good amount of space for the growing members of the household, or a great spot for the home office. And, in case your family includes a lovable cat or dog (or fish or bird, etc.), the building is pet-friendly.

The price per square foot for property at 2545 S. Dearborn is $235. From listing to closing, the standard length of time a unit in this building stays on the market is around 60 days. In regards to properties that are currently for sale, the average number of days a 1-bedroom unit has been listed for is 124. There are currently few 1-bedroom residences available in this great development, that maintain an average listing price around $292,400. In addition to the upfront price for real estate in this striking residential structure, it's helpful to know how much assessments and taxes are, since you'll be paying those on top of the mortgage. For this particular building, the average assessments are $217 per month and taxes cost between $1,500 and $4,000 per year.

  • Neigborhood: South Loop
  • Total Number of Units: 93
  • Air Conditioning: CEN AIR
  • Exterior: BR
  • Common Amenities: ELEVATOR, XRCISE ROO
  • Garage: ATTACHED, 1CAR GAR,
  • Parking: DEEDED SOLD SEPARATE
  • Pet Policy: CATS OK, DOGS OK
  • Close To A Bus Stop
  • Close To Public Parks
  • Near An Expressway
  • Has An Elevator
  • Has A Fitness Center

Available Units

Unit #504 - $460,000 - 2 bed/2 bath Unit #522 - $370,000 - 2 bed/2 bath Unit #514 - $395,000 - 2 bed/2 bath

Learn More About The Opera Lofts


    The Opera Lofts Floorplans

    Condo Buildings Near The Opera Lofts

    Schools In The South Loop Area

    See grade levels, address, and scores for schools in the South Loop area.

    School Type Grade Rating

    Juarez Community Academy High School

    2150 South Laflin St - public

    High 9-12
    3

    Drake Elementary School

    2710 South Dearborn St - public

    Preschool - Middle PK-8
    1

    Wells Preparatory Elementary Academy

    249 East 37th St - public

    Preschool - Middle PK-8
    3

    National Teachers Elementary Academy

    55 West Cermak Road - public

    Preschool - Middle PK-8
    4

    Santa Lucia School

    3017 South Wells Street - private

    Preschool - Middle PK-8
    NR

    St. Jerome School

    2801 S Princeton Ave - private

    Preschool - Middle PK-8
    NR

    De La Salle Institute

    3455 S Wabash Ave - private

    High 9-12
    NR

    Daystar School

    1550 S. State Street - private

    Preschool - Middle PK-8
    NR

    Williams Multiplex Elementary School

    2710 South Dearborn St - public

    Preschool - Elementary PK-5
    NR

    Jane Addams High School

    1814 S Union Ave - private

    High 9-12
    NR

    Village Leadership Academy

    800 S Wells St Ste 90 - private

    Preschool - Middle PK-7
    NR

    Pershing West Elementary Magnet School

    3200 South Calumet Ave - public

    Elementary - Middle 4-8
    NR

    Old St. Marys School

    1474 S. Michigan Ave - private

    Preschool - Middle PK-8
    NR

    Holy Angels Catholic School

    750 East 40th Street - private

    Preschool - Middle PK-8
    NR

    British International School of Chicago, South Loop

    161 W. 9th Street - private

    Preschool - High PK-12
    NR

    Pilsen Elementary Community Academy

    1420 West 17th St - public

    Preschool - Middle PK-8
    3

    Jungman Elementary School

    1746 South Miller St - public

    Preschool - Middle PK-8
    4

    Jones College Prep High School

    700 South State Street - public

    High 9-12
    10

    Chicago Military Academy High School

    3519 South Giles Ave - public

    High 9-12
    8

    Doolittle Elementary School

    535 East 35th St - public

    Preschool - Middle PK-8
    1

    School data provided by GreatSchools.School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. GreatSchools Ratings provided by GreatSchools.org.

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    2545 S Dearborn Floorplan - 603 Duplex Tier*