2545 S Dearborn Street Unit 508
Chicago, IL 60616
- 2 beds
- 1 bath
- 990 sqft
- $353 per sqft
- 1907 build
- – on site
Don't miss this character-filled, RARELY available 2-bedroom loft in chic South Loop at The Opera Lofts with deeded garage parking space included. This gem has 11' ceilings, exposed brick, and a spacious balcony, the condo exudes style and sophistication. This loft building offers unique and dramatic spaces, perfect for the modern urbanite. Featuring hardwood floors, granite countertops, a gas fireplace, and stainless-steel appliances, the kitchen is both sleek and functional, optimal for entertaining. Retreat to a spa-like bathroom that boasts cool exposed brick, marble finishes, a jetted tub, and a vessel sink. The balcony is ideal for grilling and relaxing. The in-unit washer and dryer completes the space. This prime location near highways, the lake, and Lake Shore Drive offers convenience and accessibility. Building amenities include heated garage parking, a fitness center, a 7000 sq. ft. green roof with two decks, and a pet-friendly dog run. The Opera Lofts building was originally the design workshop and warehouse for the world-famous Lyric Opera of Chicago. In 2007, it was converted into 93 unique sun-filled, dramatic, and inspired loft residences. Schedule your private showing today; don't miss the chance to own a piece of history while living in contemporary luxury!
Last checked:
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Last updated May 8, 2025
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MLS# 12271979 —
The Building
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Year Built:1907
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Basement:None
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Foundation Details:Concrete Perimeter
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Exterior Features:Balcony, Roof Deck, Dog Run
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Patio And Porch Features:Deck
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Disability Access:No
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Stories Total:7
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Living Area Source:Builder
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Entry Level:5
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Window Features:Screens
Interior
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Room Type:Balcony/Porch/Lanai, Foyer, Storage
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Rooms Total:5
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Interior Features:Cathedral Ceiling(s), Elevator, Open Floorplan, Granite Counters, Health Facilities
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Fireplaces Total:1
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Fireplace Features:Attached Fireplace Doors/Screen, Gas Log
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Fireplace Location:Living Room
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Laundry Features:Washer Hookup, In Unit
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Flooring:Hardwood
Room Dimensions
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Living Area:990
Location
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Directions:STATE TO 26TH ST, W TO DEARBORN
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Location:18235
The Property
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Parcel Number:17282370391086
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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:true
Listing Agent
- Contact info:
- Agent phone:
- (773) 612-3942
- Office phone:
- (312) 554-5478
Taxes
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Tax Year:2023
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Tax Annual Amount:6803.32
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:1
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Full Baths:1
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Natural Gas, Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Electric:100 Amp Service
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Green Energy Efficient:Roof
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Water Source:Public
Appliances
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Appliances:Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
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:Opera Lofts
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Pets Allowed:Cats OK, Dogs OK
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Association Amenities:Bike Room/Bike Trails, Elevator(s), Exercise Room, Sundeck, Security Door Lock(s), Service Elevator(s)
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Association Fee:411
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Association Fee Includes:Water, Insurance, Exercise Facilities, 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:1
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Parking Features:Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
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Garage Spaces:1
Monthly cost estimate
Asking price
$350,000
| 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. |
$1,874
|
| Taxes | $566 |
| Insurance | $96 |
| HOA fees | $411 |
| Utilities | $143 See report |
| Total | $3,090/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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/2/25
May 2, 2025
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Listed / Active | MRED | $350,000 | 17.9% (1.1% / YR) |
|
9/16/08
Sep 16, 2008
|
MRED | $296,900 |
43% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $70k over asking price.
