1221 N Dearborn Street Unit 1401S
Chicago, IL 60610
- 1 bed
- 1 bath
- – sqft
- 1974 build
- – on site
Be a savvy investor and get two deals out of one property. How? A strong lease is already in place at $2,500/month through March 2026-meaning instant rental income and long-term upside. Even better? It's the best-priced unit in the building. Snag a rare investment win with this freshly renovated duplex condo, perfectly located in one of Chicago's most iconic neighborhoods. Live steps from the lakefront, parks, public transit, Rush Street nightlife, top-tier restaurants, retail, and grocery stores-all in a neighborhood that defines walkability. Parking is an additional $25K and must be purchased with the unit. This is a cant miss, so dont!
Last checked:
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Last updated May 17, 2025
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MLS# 12365797 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1974
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Rebuilt:No
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New Construction:false
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Construction Materials:Concrete
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Basement:None
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Disability Access:Yes
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Accessibility Features:Main Level Entry
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Other Equipment:TV-Cable, Intercom, Ceiling Fan(s)
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Stories Total:18
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Living Area Source:Not Reported
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Entry Level:14
Interior
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Room Type:No additional rooms
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Rooms Total:4
Location
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Directions:DIVISION TO DEARBORN NORTH TO PROPERTY
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Location:10646
The Property
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Parcel Number:17042240471232
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Property Type:Residential
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Lot Size Dimensions:COMMON
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 678-7082
- Office phone:
- (312) 751-0300
Taxes
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Tax Year:2022
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Tax Annual Amount:5230
Beds
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Bedrooms Total:1
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Bedrooms Possible:1
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Electric
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Cooling:Wall Unit(s)
Utilities
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Sewer:Public Sewer
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Electric:Circuit Breakers
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Water Source:Lake Michigan
Appliances
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Appliances:Range, Dishwasher, Refrigerator
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Subdivision Name:The Towers
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Pets Allowed:Cats OK
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Association Amenities:Door Person, Coin Laundry, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Valet/Cleaner
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Association Fee:671
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Association Fee Includes:Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2
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Parking Features:Garage Door Opener, On Site, Deeded, Attached, Garage
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Garage Spaces:1
Monthly cost estimate
Asking price
$224,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,204
|
| Taxes | $435 |
| Insurance | $61 |
| HOA fees | $671 |
| Utilities | N/A |
| Total | $2,371/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/15/25
May 15, 2025
|
Listed / Active | MRED | $224,900 |
