2545 South Dearborn #705, Chicago IL 60616
Listing Agent
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Jen Schreiber
312.213.0424 | Email | About
- Bedrooms 2
- Bathrooms 2
- Taxes $6,513.87
- HOA $502
- Payment Estimate View Mortgage Calculator
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Property Description
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.
Features & Information
Key Details
- List Price $359,000
- Property Taxes 6513.87
- Unit Floor Level 7
- Square Feet 1100
- Price/ Sq. Ft. $326.36
- Year Built 1909
- Parking Type Garage
- Status New
Rooms
- Total Rooms 5
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Master Bedroom
- Master Bath F
- Room Size 26X11
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Bedroom 2
- Room Size 12X12
- Floor Level Main Level
- Flooring Hardwood
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Living Room
- Room Size 20X15
- Floor Level Main Level
- Flooring Hardwood
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Dining Room
- Room Size COMBO
- Floor Level Main Level
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Kitchen
- Room Size 15X9
- Kitchen Type Eating Area-Breakfast Bar,Island
- Floor Level Main Level
- Flooring Hardwood
Additional Rooms
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Additional Room 1
- Additional Room 1 Name Balcony
- Additional Room Size 5X12
- Additional Room Level Main Level
- Additional Room Flooring Other
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Additional Room 2
- Additional Room 2 Name Walk in Closet
- Additional Room Size 8X4
- Additional Room Level Main Level
- Additional Room Flooring Hardwood
Interior Features
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Appliances
- Appliances Included Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
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Heating & Cooling
- Heating Type Gas, Forced Air
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Fireplace
- # of Fireplaces 1
- Type of Fireplace Attached Fireplace Doors/Screen,Gas Logs,Gas Starter
Exterior Features
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Parking
- Parking Garage
- # of Cars 1
- Garage Features Garage Door Opener(s),Transmitter(s),Heated
Building Information
- Number of Units 93
- Age of Building 100+ Years
- Exterior Construction Brick
- Common Area Amenities Bike Room/Bike Trails, Elevator, Exercise Room, Sundeck, Security Door Locks, Service Elevator
- Exposure E (East),City
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Pets
- Pets Allowed? Y
- Pet Types Cats OK,Dogs OK,Pet Count Limitation,Pet Weight Limitation
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property State Street, West On W 26th Street To S Dearborn, Turn Right To Front Door
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Schools
- Elementary School District 299
- School Name Drake Elementary School
- Junior High District 299
- School Name Drake Elementary School
- High School District 299
- School Name Phillips Academy High Sch
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Property Taxes
- Tax 6513.87
- Tax Year 2024
- Tax Exemptions Homeowner
- Parcel Identification Number 17282370391117
Utilities
- Sewer Sewer-Publ
Based on information submitted to the MLS GRID as of 5/15/2026 3:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Douglas
As one of Chicago's earliest settlements, Douglas has a rich and patriotic heritage. Conveniently located along the lakefront between the South Loop and Bronzeville, the neighborhood has the advantage of being a few short miles from downtown, while still sitting on Lake Michigan's beautiful shoreline. A number of public parks serve the community member's recreational needs. Beach access, baseball fields, bike paths, gardening clubs, softball leagues and summer day camps play a part in the daily Douglas lifestyle where neighbors assemble for old-fashioned fun and community bonding.
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