545 N Dearborn Street Unit W1602
Chicago, IL 60654
- 1 bed
- 1 bath
- 850 sqft
- $352 per sqft
- 2005 build
- – on site
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.
Last checked:
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Last updated May 8, 2025
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MLS# 12352671 —
The Building
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Year Built:2005
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Rebuilt:No
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New Construction:false
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Construction Materials:Concrete
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Model:1BR
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Basement:None
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Exterior Features:Balcony
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Disability Access:No
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Stories Total:37
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Living Area Source:Estimated
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Entry Level:16
Interior
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Room Type:Balcony/Porch/Lanai
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Rooms Total:4
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Interior Features:Walk-In Closet(s), Open Floorplan, Dining Combo, Doorman, Health Facilities, Lobby
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Laundry Features:Washer Hookup, In Unit
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Flooring:Hardwood
Room Dimensions
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Living Area:850
Financial & Terms
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Lease Amount:$350
Location
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Directions:ON DEARBORN BETWEEN GRAND AND OHIO
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Location:84130
The Property
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Parcel Number:17092410361076
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Property Type:Residential
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Location:N
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Lot Size Dimensions:COMMON
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Rural:N
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (217) 819-8009
- Office phone:
- (773) 698-6648
Taxes
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Tax Year:2023
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Tax Annual Amount:5618.24
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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Virtual Tour Unbranded:
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Natural Gas
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Electric:Circuit Breakers, Fuses
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Water Source:Lake Michigan
Appliances
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Appliances:Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
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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Pets Allowed:Cats OK, Dogs OK, Number Limit, Size Limit
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Association Amenities:Bike 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, Business Center, Laundry
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Association Fee:740
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Association Fee Includes:Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
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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:On Site, Leased, Attached, Garage
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Garage Spaces:1
Monthly cost estimate
Asking price
$300,000
| 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. |
$1,606
|
| Taxes | $468 |
| Insurance | $82 |
| HOA fees | $740 |
| Utilities | $103 See report |
| Total | $2,999/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 |
|---|---|---|---|---|
|
5/7/25
May 7, 2025
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Listed / Active | MRED | $300,000 | -2.4% (-0.3% / YR) |
|
6/3/16
Jun 3, 2016
|
MRED | $307,500 |
