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$359,000 Just Listed
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Property Description
Experience a world of boundless creativity within the walls of this former set design building. For more than 75 years, The Chicago Lyric Opera built all their set design, props and costumes in this incredible building. With plenty of remnants throughout, this building is truly a one of a kind artistic masterpiece! This 2 bed, 2 bath + lofted office unit has extraordinary flexibility and 17 foot ceilings add a gravitas that is unmatched. Washed in natural light, the open floor plan kitchen showcases custom cabinetry, stainless steel appliances, and a mosaic tile backsplash. With new custom lighting, exposed brick, concrete accents, and hardwood floors throughout, this is the quintessential loft. The primary bedroom has a spacious en-suite bath, multiple closets and a west-facing window. Perched above the second full bath is a lofted office/workspace. Top it all off with central air, in-unit washer/dryer and a heated garage parking space. Nestled within a vibrant community, Opera Lofts provides a multitude of amenities to enhance your urban lifestyle. A rooftop terrace offers breathtaking views of the city skyline. Additionally, there is a beautiful state-of-the-art fitness center and elevator access. Located in the heart of the city, you're surrounded by an array of cultural destinations, eclectic dining experiences, and vibrant nightlife.
Full Property Details
Full Property Details for 2545 S Dearborn St #331
General
- Price: $359,000
- HOA FEE: $510/month
- Taxes: $5,731 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12657789
- Updated: 6/3/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: None
- Interior Features: Cathedral Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas Log
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Separate Shower
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Sundeck, Service Elevator(s)
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Heated Garage, Yes, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Subdivision: Opera Lofts
- Driving Directions: STATE TO 26TH, W TO DEARBORN, N TO BUILDING
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Water, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Westward 360
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Condo/Loft, Mid-Rise (4 to 6 Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Sub-Flooring: Hardwood
- Entry Floor Number: 3
- Stories/Levels: 7
- Square Feet: 1,121
- Sq. Ft. Source: Estimated
- Year Built: 1909
- Built Before 1978: Yes
Unit Information
- Units in Building: 93
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $510
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1909
- Tax Amount: $5,731.93
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17282370391010
Listed by @properties Christie's International Real Estate
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Price & Sales History for 2545 S Dearborn St #331
Date
Details
Price
Change
Source
6/03/2026
Listed
$359,000
12.72%
MLS
7/10/2023
Sold
$318,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2545 S Dearborn St #331
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,753
—
$26,121
-4%
2023
$5,753
3%
$27,175
—
2022
$5,607
2%
$27,175
—
2021
$5,481
63%
$27,175
80%
2020
$3,366
11%
$15,112
—
2019
$3,036
2%
$15,112
—
2018
$2,985
74%
$15,112
90%
2017
$1,714
8%
$7,961
—
2016
$1,594
9%
$7,961
—
2015
$1,459
—
$7,961
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2545 S Dearborn St #331
2545 S Dearborn Street #331, Chicago, IL 60616 (MLS# 12657789) is a Condo property with 2 bedrooms and 2 full bathrooms. 2545 S Dearborn Street #331 is currently listed for $359,000 and was received on June 03, 2026. Want to learn more about 2545 S Dearborn Street #331? Do you have questions about finding other Condo real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.
