545 N Dearborn Street W3505, Chicago, IL 60654

$778,000 Asking Price

3 beds
2 baths
Built in 2003

Welcome to this stunning and rare 3BD/2BA penthouse condo in River North's premier building, The Grand Plaza! One of only two single-story 3 bedroom units in the building, this condo provides ample storage, privacy, and quiet living. This spacious, south-facing unit with 10 ft ceilings, hardwood floors, and remote-controlled window treatments offers breathtaking skyline views, filling the open-concept living space with natural light. The updated kitchen features sleek granite countertops, stainless steel appliances, an island with cabinets, and a layout ideal for entertaining. The expansive primary suite includes a spa-inspired bathroom with a rain shower, full body sprays, and a large walk-in closet, outfitted with Elfa Closet Systems, installed in 2022. The other two bedrooms are perfect for use as guestrooms and/or office space, as each has its own Elfa-outfitted closet (one walk-in). This home boasts numerous updates, including upgraded lighting throughout the unit, closets (2022), a new Samsung refrigerator (2023), a new wine fridge (2024), and fresh paint (2024). The spacious private balcony offers unbeatable city views, perfect for outdoor relaxation. With only 3 units on the 35th floor, this home offers exclusivity and tranquility. The Grand Plaza is renowned for its luxury amenities, including 24-hour door staff, an expansive fitness center, basketball court, large outdoor pool with cabanas, running track, dog park, sundeck, sauna, library, business center, lounge with billiards, outdoor BBQ areas, hospitality suite and on-site guest suite. The building's unbeatable location is steps from the CTA Red Line, Michigan Avenue shopping, and some of the city's best restaurants. Plus, with Jewel-Osco in the building and Trader Joe's, Whole Foods, and Eataly all within walking distance, convenience is at your doorstep.


Features & Amenities

Interior

General:
Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s), Ceiling - 10 Foot, Open Floorplan
Rooms:
Balcony/Porch/Lanai, Walk In Closet
Master Bath:
Separate Shower,Double Sink,Full Body Spray Shower
Appliances:
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator
Dining:
Combined w/ LivRm
Laundry:
In Unit
Basement:
None
A/C:
Central Air, Zoned
Heating:
Forced Air, Indv Controls
Disability Feature:
None

Exterior

General:
Concrete,Other, Balcony
Parking:
Garage, Parking spaces: 2

Location

HOA Amenities:
Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Steam Room, Valet/Cleaner, Business Center, Heat, Water, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet, 1940.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
17092410361280

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo

This listing courtesy of:
Compass, Cynthia Sodolski

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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