2545 South Dearborn #507, Chicago IL 60616
$342,000

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Property Description

Welcome to Opera Lofts, where the former design workshop of Lyric Opera of Chicago has been transformed into 93 individual lofts rich in character and architectural drama. This 2 bed, 2 bath residence showcases soaring 17-foot ceilings, exposed brick, and oversized windows that flood the space with natural light. The expansive open-concept living and dining area is anchored by hardwood floors and flows seamlessly into a modern kitchen featuring granite countertops, stainless steel appliances, and 42" cabinetry-perfect for both everyday living and entertaining. Step outside to your private balcony, while the convenience of in-unit laundry, abundant storage and a cozy fireplace, adds effortless comfort. Premium Heated Garage Parking included!Residents enjoy LOW ASSESSMENTS and full-service amenities including a fitness center, dog run, and a panoramic rooftop deck with breathtaking skyline views. The building itself showcases gorgeous set pieces from the Lyric Stage, adding to a truly unique living experience. Ideally situated near downtown, this home offers easy access to the Lakefront, Chinatown, South Loop, 31st Street Beach, Museum Campus, Expressways, and Public Transit. Thoughtfully designed and full of character, this inviting loft is a place you'll love coming home to.

Features & Information

Key Details

  • List Price $342,000
  • Property Taxes 7125.54
  • Unit Floor Level 5
  • Square Feet 1171
  • Price/ Sq. Ft. $292.06
  • Year Built 1909
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 5
  • Master Bedroom

  • Master Bath F
  • Room Size 16X11
  • Bedroom 2

  • Room Size 12X11
  • Floor Level Main Level
  • Flooring Carpet
  • Living Room

  • Room Size 23X13
  • Floor Level Main Level
  • Flooring Hardwood
  • Dining Room

  • Room Size COMBO
  • Floor Level Main Level
  • Flooring Hardwood
  • Kitchen

  • Room Size 15X8
  • Kitchen Type Island
  • Floor Level Main Level
  • Flooring Hardwood

Interior Features

  • Appliances

  • Appliances Included Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Heating & Cooling

  • Heating Type Gas, Forced Air

Exterior Features

  • Parking

  • Parking Garage
  • # of Cars 1

Building Information

  • Number of Units 93
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Common Area Amenities Elevator, Exercise Room, Storage, Sundeck, Service Elevator
  • Exposure E (East)
  • Pets

  • Pets Allowed? Y
  • Pet Types Cats OK,Dogs OK,Pet Count Limitation

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property State To 26th St, W To Dearborn
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 7125.54
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 17282370280000

Utilities

  • Sewer Septic-Sha

Listed by: Jameson Sotheby's Intl Realty | Phone: 312.751.0300
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/12/2026 4:02 PM. 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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