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$247,000
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Property Description
Be a savvy investor and get two deals out of one property. How? A strong lease is already in place at $2,500/month through March 2026-meaning instant rental income and long-term upside. Even better? It's the best-priced unit in the building. Snag a rare investment win with this freshly renovated duplex condo, perfectly located in one of Chicago's most iconic neighborhoods. Live steps from the lakefront, parks, public transit, Rush Street nightlife, top-tier restaurants, retail, and grocery stores-all in a neighborhood that defines walkability. Parking is an additional $25K and must be purchased with the unit. This is a cant miss, so dont!
Full Property Details
Full Property Details for 1221 N Dearborn St #1401S
General
- Sold For: $247,000
- HOA FEE: $671/month
- Taxes: $3,503 (2022)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12365797
- Added to Site: 247 day(s) ago
Interior
- Appliances: Range, Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Door Person, Coin Laundry, Elevator(s), Exercise Room, On-Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Valet/Cleaner
- Equipment: Cable TV, Intercom, Ceiling Fan(s)
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 2
- Parking Features: Garage Door Opener, On Site, Deeded, Attached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - Near North Side
- County: Cook
- Subdivision: The Towers
- Driving Directions: DIVISION TO DEARBORN NORTH TO PROPERTY
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, / CATlbs.
- Mgmt. Company: Towers Condominium
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Electric
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Half Duplex, Condo
- Construction: Concrete
- Exterior Const.: Concrete
- Basement Desc.: None
- Entry Floor Number: 14
- Stories/Levels: 18
- Sq. Ft. Source: Not Reported
- Year Built: 1974
- Built Before 1978: Yes
Unit Information
- Units in Building: 197
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $671
- Assoc Fee Freq.: Monthly
- Assessment Year: 1974
- Tax Amount: $3,503
- Tax Year: 2022
Disclosures and Reports
- Ownership: Condo
- Property ID: 17042240471232
Listed by Jameson Sotheby's Intl Realty
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 1221 N Dearborn St #1401S
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.3 mi |
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1221 N Dearborn St #1401S
Date
Details
Price
Change
Source
9/17/2025
Sold
$247,000
9.83%
MLS
5/15/2025
Listed
$224,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1221 N Dearborn Street #1401S, Chicago, IL 60610 (MLS# 12365797) is a Condo property that was sold at $247,000 on September 17, 2025. Want to learn more about 1221 N Dearborn Street #1401S? Do you have questions about finding other Condo real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

