Chicago, IL 60654 545 N Dearborn Street # W1602

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Presented By: Fulton Grace Realty
  • MLS# 12352671
  • 05/07/2025
  • Request Tour
  • Request Info
  • Beds • 1
  • Baths • 1
  • SQFT • 850
  • Garage • 1

Home Details

Attention investors and owner-occupants-welcome to Dearborn Plaza at 545 N Dearborn St, Unit W1602. This spacious one-bedroom, one-bathroom condo features a private balcony and is move-in ready after an upgrade in May 2025. The unit includes brand new stainless steel kitchen appliances-refrigerator, stove, microwave-and a newer dishwasher. The modern, open-concept kitchen with white cabinetry offers ample storage and is perfect for entertaining. Enjoy in-unit laundry, an oversized bathroom with a soaking tub, and flooring throughout, including brand new flooring in the bedroom as of May 2025. The large bedroom that fits a king size bed includes a walk-in closet with built in shelving. Residents enjoy access to 50,000 square feet of resort-style amenities, including a 24/7 door staff, dry cleaner, bike storage, outdoor pool and sundeck with grills, running track, dog run, sauna, fitness center, indoor basketball court, party room, game room, business center, and a library with coffee and computer access. Monthly assessments cover cable, internet, air conditioning, heat, gas, and water-leaving only electricity for the owner. Building reserves was over $2 millions as of December 2024, with no special assessments planned. Rentals are allowed with a minimum 30-day lease, no rental cap, and no Airbnb permitted. On-site parking is available for rent at $350/month through third-party management on the third floor (not owned by the association). The building is pet-friendly with a limit of two pets per unit, up to 25 lbs each. Experience the best of modern, convenient city living-schedule your private tour today.
Presented By: Fulton Grace Realty

Interior Features for 545 N Dearborn Street # W1602

Bedrooms

Bedrooms Possible1
Total Bedrooms1

Bathrooms

Half Baths0
Total Baths1

Other Interior Features

LivingAreaSourceEstimated
BasementNone
FlooringHardwood
Interior AmenitiesWalk-In Closet(s), Open Floorplan, Dining Combo, Doorman, Health Facilities, Lobby
Laundry FeaturesWasher Hookup, In Unit
Total Number of Units284
Total Stories37

Other Rooms

Room TypeBalcony/Porch/Lanai

General for 545 N Dearborn Street # W1602

Additional Parcels Y/NNo
AppliancesRange, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
Assoc Fee Paid PerMonthly
Association AmenitiesBike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub,
Association Fee IncludesHeat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
CityChicago
Construction MaterialsConcrete
CoolingCentral Air
CountyCook
DirectionsON DEARBORN BETWEEN GRAND AND OHIO
ElectricCircuit Breakers, Fuses
Elementary School District299
Full Baths1
Garage Spaces1
HOA Fee$740
HeatingNatural Gas
High School District299
MLS AreaCHI - Near North Side
MRD_CAN_OWNER_RENTYes
Middle/Junior School District299
New ConstructionNo
OwnershipCondo
Pets AllowedCats OK, Dogs OK, Number Limit, Size Limit
PossessionClosing
Property TypeResidential
Property TypeAttached Single
SewerPublic Sewer
Standard StatusActive
StatusActive
Sub TypeCondo, High Rise (7+ Stories)
Tax Annual Amount5618.24
Tax Year2023
Total Rooms4
TownshipNorth Chicago
Unit NumberW1602
Virtual TourClick here
Waterfront Y/NNo
Year Built2005

Exterior for 545 N Dearborn Street # W1602

Exterior AmenitiesBalcony
Lot DimensionsCOMMON
Model1BR
Parking FeaturesOn Site, Leased, Attached, Garage
Total Parking1
Water SourceLake Michigan

Additional Details

Price History

Client Care

Price $300,000
MLS#12352671
List Date 05/07/2025
Property Type Condos
Phone 847.485.2500
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