Chicago, IL 60616 2545 S Dearborn Street # 705

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Presented By: Baird & Warner
  • MLS# 12608580
  • 05/14/2026
  • Request Tour
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  • Beds • 2
  • Baths • 2
  • SQFT • 1,100
  • Garage • 1

Home Details

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.
Presented By: Baird & Warner

Interior Features for 2545 S Dearborn Street # 705

Bedrooms

Bedrooms Possible2
Total Bedrooms2

Bathrooms

BathroomWhirlpool, Double Sink, Soaking Tub
Half Baths
Total Baths2

Other Interior Features

LivingAreaSourceEstimated
BasementNone
Fireplace FeaturesAttached Fireplace Doors/Screen, Gas Log, Gas Starter
FlooringHardwood
Interior AmenitiesCathedral Ceiling(s), Storage, Walk-In Closet(s)
Laundry FeaturesWasher Hookup, In Unit, Laundry Closet
Total Fireplaces1
Total Number of Units93
Total Stories7

Other Rooms

Room TypeBalcony/Porch/Lanai, Walk In Closet

General for 2545 S Dearborn Street # 705

Additional Parcels Description17282370391130
Additional Parcels Y/NYes
AppliancesRange, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Assoc Fee Paid PerMonthly
Association AmenitiesBike Room/Bike Trails, Elevator in Residence, Exercise Room, Sundeck, Security Door Lock(s), Service Elevator(s)
Association Fee IncludesWater, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
DirectionsState Street, West on W 26th Street to S Dearborn, turn right to front door
Elementary SchoolDrake Elementary School
Elementary School District299
Full Baths2
Garage Spaces1
HOA Fee$502
HeatingNatural Gas, Forced Air
High SchoolPhillips Academy High School
High School District299
Living Area1100
MLS AreaCHI - Near South Side
MRD_CAN_OWNER_RENTYes
Middle/Junior High SchoolDrake Elementary School
Middle/Junior School District299
New ConstructionNo
OwnershipCondo
Pets AllowedCats OK, Dogs OK, Number Limit, Size Limit
PossessionClosing
Property TypeResidential
Property TypeAttached Single
RoofTar/Gravel
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Sub TypeCondo-Loft, High Rise (7+ Stories)
Tax Annual Amount6513.87
Tax Year2024
Total Rooms5
TownshipSouth Chicago
Unit Number705
Virtual TourClick here
Year Built1909

Exterior for 2545 S Dearborn Street # 705

BuyerOfficeFax(773) 442-0690
Exterior AmenitiesBalcony, Roof Deck
Lot DimensionsCONDO
Other EquipmentCO Detectors, Ceiling Fan(s)
Parking FeaturesGarage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Total Parking1
Water SourceLake Michigan, Public
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Phillips Academy High School
Middle School Drake Elementary School

Client Care

Price $359,000
MLS#12608580
List Date 05/14/2026
Property Type Contingent
Phone 847.485.2500
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