$549,000
 $2,947 est/mo Sourced by Back At You

2545 S Dearborn Street 702,Chicago, IL 60616

Chicago, IL 60616

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Description

A truly one-of-a-kind loft offering an extraordinary blend of history, scale, and architectural character. Once home to the original hardware used by the Lyric Opera to construct production sets, this remarkable residence showcases breathtaking 27-foot ceilings at their highest point, creating an unforgettable sense of volume and light. Thoughtfully designed across three levels, the unique open-concept layout offers exceptional flexibility with three open bedrooms, two dedicated office spaces-including one that can easily serve as an expansive walk-in dressing room-and two full bathrooms. Designed for both everyday living and effortless entertaining, the dramatic main living area flows seamlessly into the dining space and spacious kitchen. The kitchen features a large island with breakfast bar seating, abundant cabinetry, granite countertops, and stainless steel appliances. The natural stone bathrooms provide a spa-like retreat, highlighted by a luxurious primary bath with a double vanity, separate shower, and oversized jetted soaking tub. Completing this exceptional home is a private balcony showcasing city and lake views to the east, in-unit laundry, impressive storage throughout, and an attached garage parking space included in the price. Ideally located with convenient access to Lake Shore Drive, I-55, I-90/94, the lakefront, downtown Chicago, and everything the city has to offer, this is a rare opportunity to own one of Chicago's most distinctive loft residences.

Details

MLS #12715672
Listing TypeFor Sale
StyleCondominium
HOA Dues$726
Sub-TypeResale
StatusActive Under Contract
Year1909
Days On Site35
Listing Provided ByBerkshire Hathaway HomeServices Chicago | Laura Topp

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet2,000
Garage1
Story(s)7

Interior

Rooms Total7
CoolingCentral Air
HeatingNatural Gas, Forced Air
Interior FeaturesCathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Storage, Open Floorplan, Granite Counters, Health Facilities, Lobby
AppliancesRange, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Laundry FeaturesMain Level, Washer Hookup, In Unit
Window FeaturesDrapes

Exterior

Exterior FeaturesBalcony, Roof Deck, Dog Run
Foundation DetailsConcrete Perimeter
Construction MaterialsBrick
Patio And Porch FeaturesDeck

Parking

Parking FeaturesGarage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Garage Spaces1

Utilities

SewerPublic Sewer

Taxes

Tax Year2024
Tax Annual Amount10845.88

Area Information

StateIL
CountyCook
CityChicago
Zip Code60616
AreaCHI Near South Side
Community NameOpera Lofts
School DistrictPhillips Academy High School
Elementary SchoolDrake Elementary School
High SchoolPhillips Academy High School
Listing VS Median (in Opera Lofts)
Price:
$549,000
low | high
Med:
$549,000
50% of Average
sqft:
2,000
low | high
Med:
2,000
50% of Average
$ / sqft:
$275
low | high
Med:
$275
50% of Average
On site:
35
low | high
Med:
35
100% of Average
Sourced by Back At You

Market Activity 60616

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60616
AreaCHI Near South Side
Community NameOpera Lofts
School DistrictPhillips Academy High School
Elementary SchoolDrake Elementary School
High SchoolPhillips Academy High School
Listing VS Median (in Opera Lofts)
Price:
$549,000
low | high
Med:
$549,000
50% of Average
sqft:
2,000
low | high
Med:
2,000
50% of Average
$ / sqft:
$275
low | high
Med:
$275
50% of Average
On site:
35
low | high
Med:
35
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $411K - $686K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
19 E 26th Street 1 Property Photo 1
$294,999
19 E 26th Street 1
Chicago, IL 60616
25 E 26th Street 2 Property Photo 1
$184,900
25 E 26th Street 2
Chicago, IL 60616
31 E 26th Street 3 Property Photo 1
$335,000
31 E 26th Street 3
Chicago, IL 60616
Listing Updated: August 10, 2026 at 8:34:16 AM PDT
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