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Penny Edwards
REALTOR®
(815) 703-0586
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2545 S Dearborn Street , Unit 705, Chicago, IL 60616

$359,000
  • 2545 S Dearborn Street , Unit 705, Chicago, IL 60616 Main Photo

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New to the Market New
BEDS2 BATHS2 full SQUARE FEET1,100 MLS#12608580
STATUSNew PROPERTY TYPEResidential - Condominium SCHOOLDistrict 299

Property Description

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.

2545 S Dearborn Street , Unit 705 | MLS# 12608580

This condo located at 2545 S Dearborn Street , Unit 705, Chicago, IL 60616 is currently listed for sale with an asking price of $359,000. This property was built in 1909 and has 2 bedrooms and 2 full baths with 1100 sq. ft. S Dearborn Street , Unit 705 is located within the District 299 school district. Search Chicago real estate on pedwards.gogambino.com today.

Upcoming Open Houses

Open House Saturday May 16th, 11:00am - 1:00pm
Open House Sunday May 17th, 11:00am - 1:00pm

Property Features

Property Type: Residential - Condominium
Basement: None
Cooling: Central Air
Fireplaces: 1
Garage: 1
Heating: Natural Gas, Forced Air
Lot Size: CONDO
Roof Type: Tar/Gravel
Stories: 7.0
Taxes: $6,513
Year Built: 1909

Amenities

Cathedral Ceiling(s)
Storage
Walk-In Closet(s)

Feature Descriptions

Additional rooms: Balcony/Porch/Lanai, Walk In Closet
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Association Amenities: Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Sundeck, Security Door Lock(s), Service Elevator(s)
Association Includes: Water, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
Bath Features: Whirlpool, Double Sink, Soaking Tub
Dining Room: Combined w/ LivRm
Exterior: Brick
Fireplace: Attached Fireplace Doors/Screen, Gas Log, Gas Starter
Fireplace Location(s): Living Room
HOA Fee: 502/ Monthly
Laundry: Washer Hookup, In Unit, Laundry Closet
Lot Dimensions: CONDO
Other Equipment: CO Detectors, Ceiling Fan(s)
Parcel#: 17282370391117
Parking: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Pet Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Sewer: Public Sewer
Total Rooms: 5
Township: South Chicago
Water: Lake Michigan, Public

Room Sizes

Balcony/Porch/Lanai: 5X12
Walk In Closet: 8X4
Bedroom 2: 12X12
Dining Room: COMBO
Kitchen: 15X9
Living Room: 20X15
Primary Bedroom: 26X11

Local Schools

High School: Phillips Academy High School
Middle School: Drake Elementary School
Elementary School: Drake Elementary School
School District: District 299

Listed By / Shown By

Listed By

Agency Name: Baird & Warner
Agency Phone: 773-326-6500

Shown By

Agent Name: Penny Edwards
Agent Phone: (815) 703-0586
Agency Title: Gambino Realtors

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Estimated Payment

$ 2,278.15 per month $1,630.69 Principal & Interest $542.75 Property Tax $104.71 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/15/2026. The listing information on this page last changed on 05/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/15/2026 10:37:18 AM EST) or MRED MLS (last updated Fri 05/15/2026 10:33:19 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 05/15/2026 10:15:18 AM EST) or Northern Illinois Commercial Association Realtors (last updated Thu 05/14/2026 5:41:18 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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