2545 S Dearborn Street #705 — Chicago, IL 60616
Active Under Contract
Chicago, IL 60616

2545 S Dearborn Street #705

$359,000
2 beds · 2 baths · 1,100 sqft
Listed at $359,000 11 days on market $6,514/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$359,000
List price
1,100
Square feet
2
Bedrooms
2 full
Bathrooms
1909
Year built
Lot size
1
Garage spaces
$6,514
Annual taxes
Attached Single
Style
11
Days on market
04Features
Heating
Natural GasForced Air
Cooling
Central Air
Appliances
RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposal
Parking
Garage Door OpenerHeated GarageGarage OwnedAttachedGarage
Construction
Brick
Equipment
CO DetectorsCeiling Fan(s)
Sewer
Public Sewer
05Neighborhood
This home EElementary schoolMMiddle schoolHHigh school
E Elementary school
Drake Elementary School
Chicago, IL
📍0.2 mi🚗1 min🚶4 min
M Middle school
Drake Elementary School
Chicago, IL
📍0.2 mi🚗1 min🚶4 min
H High school
Phillips Academy High School
Chicago, IL
📍1.5 mi🚗4 min🚶37 min
  • Grand Palace 0.2 mi
  • Tai Ho Yee Food Company 0.3 mi
  • Evergreen Restaurant 0.3 mi
  • Sze Chuan Cuisine 0.3 mi
  • Ricobene's 0.3 mi
  • HuaFeng Restaurant 0.3 mi
  • Silver State City Food Company 0.3 mi
  • Fat Lee Supermarket 0.3 mi
  • Best Choice Oriental Grocery 0.3 mi
  • Happy Market 0.4 mi
  • McCormick Market 0.5 mi
  • South Loop Market 0.6 mi
  • Park No. 540 950 ft
  • Daniel Hale Williams Park 0.2 mi
  • Sun Yat-Sen Park 0.3 mi
  • 26th Street Park 0.4 mi
  • Catholic Community of St. James Playlot 0.4 mi
  • The Park at NTA 0.5 mi
  • South Loop Cafe 0.3 mi
  • Connie's Coffee 0.4 mi
  • Oriental Tea House 0.4 mi
  • Tbaar 0.5 mi
  • Molly Tea 0.5 mi
  • Starbucks 0.5 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 14, 2026
Listed for saleThis listing
Baird & Warner
$359,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

Stand in the kitchen.
See the light at 4pm.

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09Similar homes
Listed by Baird & Warner · Jennifer Schreiber
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12608580
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