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$352,000
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Property Description
Welcome to Opera Lofts, where the former design workshop of Lyric Opera of Chicago has been transformed into 93 individual lofts rich in character and architectural drama. This 2 bed, 2 bath residence showcases soaring 17-foot ceilings, exposed brick, and oversized windows that flood the space with natural light. The expansive open-concept living and dining area is anchored by hardwood floors and flows seamlessly into a modern kitchen featuring granite countertops, stainless steel appliances, and 42" cabinetry-perfect for both everyday living and entertaining. Step outside to your private balcony, while the convenience of in-unit laundry, abundant storage and a cozy fireplace, adds effortless comfort. Premium Heated Garage Parking included!Residents enjoy LOW ASSESSMENTS and full-service amenities including a fitness center, dog run, and a panoramic rooftop deck with breathtaking skyline views. The building itself showcases gorgeous set pieces from the Lyric Stage, adding to a truly unique living experience. Ideally situated near downtown, this home offers easy access to the Lakefront, Chinatown, South Loop, 31st Street Beach, Museum Campus, Expressways, and Public Transit. Thoughtfully designed and full of character, this inviting loft is a place you'll love coming home to.
Full Property Details
Full Property Details for 2545 S Dearborn St #507
General
- Sold For: $352,000
- HOA FEE: $433/month
- Taxes: $6,660 (2024)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12642269
- Added to Site: 54 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Storage
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Elevator in Residence, Exercise Room, Storage, Sundeck, Service Elevator(s)
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near South Side
- County: Cook
- Subdivision: Opera Lofts
- Driving Directions: STATE TO 26TH ST, W TO DEARBORN
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Water, Insurance, Security, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 999lbs.
- Mgmt. Company: Westward 360
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Structure Type: Condo, Condo/Loft
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Sub-Flooring: Hardwood
- Entry Floor Number: 5
- Stories/Levels: 7
- Square Feet: 1,171
- Sq. Ft. Source: Estimated
- Year Built: 1909
- Built Before 1978: Yes
- Remodeled/Updated: 2007
Unit Information
- Units in Building: 93
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $433
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1909
- Tax Amount: $6,660.74
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17282370391085
Listed by Jameson Sotheby's Intl Realty
Sold by Keller Williams ONEChicago
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Schools
Schools serving 2545 S Dearborn St #507
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Drake Elementary School 2710 South Dearborn Street, Chicago, IL 60616 | PK-8 | 0.2 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2545 S Dearborn St #507
Date
Details
Price
Change
Source
6/15/2026
Sold
$352,000
2.92%
MLS
5/10/2026
Listed
$342,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2545 S Dearborn Street #507, Chicago, IL 60616 (MLS# 12642269) is a Condo property that was sold at $352,000 on June 15, 2026. Want to learn more about 2545 S Dearborn Street #507? 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.

