2545 S DEARBORN Street 506, Chicago, IL 60616

$325,000 Asking Price

2 beds
2 baths
1,185  sqft

Experience the epitome of Chicago loft living in this expansive 2BR/2BTH condo located in the prestigious historic Opera Lofts, the former design workshop for the Chicago Lyric Opera. This exceptional residence offers an east-facing balcony with breathtaking views of downtown, 19-foot soaring ceilings, exposed brick, and a gas fireplace, creating an ambiance of grandeur and sophistication. The gourmet kitchen is equipped with high-end stainless steel appliances, granite countertops, 42" custom maple cabinetry, and hardwood floors throughout. Convenience is key with an in-unit washer/dryer all on one level. Indulge in the master bath featuring marble slab flooring, a spa-like separate tub and shower, and a double vanity. The second bathroom is adorned with travertine tile, offering a refined touch to the space. The Opera Lofts provides unmatched building amenities, including a state-of-the-art fitness center with sweeping skyline views, a spacious rooftop deck complete with dog run, and museum-style hallways that elegantly showcase historical artifacts from Chicago's Lyric Opera, blending timeless heritage with modern elegance. Located in the South Loop, this residence is just minutes from dining, entertainment, and cultural landmarks such as McCormick Place, US Cellular field and the lakefront. With easy access to the Loop, expressways, IIT campus, Chinatown, and shopping, this home represents the ultimate in refined urban living. Heated garage parking is available for an additional 25,000


Features & Amenities

Interior

General:
Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage
Rooms:
No additional rooms
Appliances:
Range, Microwave, Dishwasher, Refrigerator, Disposal
Dining:
Combined w/ LivRm
Basement:
None
A/C:
Central Air
Heating:
Natural Gas, Forced Air
Disability Feature:
None

Exterior

General:
Brick, Balcony, Deck, Storms/Screens
Parking:
Garage, Parking spaces: 1

Construction

General:
Concrete Perimeter

Location

HOA Amenities:
Elevator(s), Exercise Room, Storage, Sundeck, Service Elevator(s), Water, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, 397.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
17204040100000

Utilities

Utilities:
100 Amp Service
Water:
Public
Sewer:
Septic Shared

Financial

Source:
mred
Ownership:
Condo

This listing courtesy of:
Compass, Elias Masud

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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