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$298,500

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 990 Sq. Ft.
  • 1 Car Garage
See This Home
Save This Home
See This Home
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Don't miss this character-filled, RARELY available 2-bedroom loft in chic South Loop at The Opera Lofts with deeded garage parking space included. This gem is approximately 1000 sq ft, has over 11' ceilings, exposed brick, and a spacious balcony, the condo exudes style and sophistication. This loft building offers unique and dramatic spaces, perfect for the modern urbanite. Featuring hardwood floors, granite countertops, a gas fireplace, and stainless-steel appliances, the kitchen is both sleek and functional, optimal for entertaining. Retreat to a spa-like bathroom that boasts cool exposed brick, marble finishes, a jetted tub, and a vessel sink. The balcony is ideal for grilling and relaxing. The in-unit washer and dryer completes the space. This prime location near highways, the lake front bike/walk paths, the 31st street beach/harbor, Downtown Chicago, Chinatown, McCormick Place, and Universities; offers convenience and accessibility for all your needs. Building amenities include heated garage parking, a fitness center, a 7000 sq. ft. green roof with two decks, and a pet-friendly dog run. The Opera Lofts building was originally the design workshop and warehouse for the world-famous Lyric Opera of Chicago. In 2007, it was converted into 93 unique sun-filled, dramatic, and inspired loft residences. Schedule your private showing today; don't miss the chance to own a piece of history while living in contemporary luxury!

Full Property Details for 2545 S Dearborn St #508

General

  • Sold For: $298,500
  • HOA FEE: $411/month
  • Taxes: $6,803 (2023)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12271979
  • Added to Site: 301 day(s) ago

Interior

  • Interior Features: Cathedral Ceiling(s), Elevator, Open Floorplan, Granite Counters, Health Facilities
  • Fireplace: Yes
  • Fireplace(s): Living Room, Attached Fireplace Doors/Screen, Gas Log
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bathroom Features: Whirlpool

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Sundeck, Security Door Lock(s), Service Elevator(s)
  • Other Features: Commuter Bus, Commuter Train, Interstate Access

Exterior

  • Exterior Features: Balcony, Roof Deck, Dog Run

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • Parking On-Site: Yes

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, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: Westward360

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
  • Windows: Screens
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 5
  • Stories/Levels: 7
  • Square Feet: 990
  • Sq. Ft. Source: Builder
  • Year Built: 1907
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 93

Lot Features

  • Lot Dimensions: COMMON

Green Features

  • Energy Efficient: Roof

Financial Considerations

  • Association Fee: $411
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1907
  • Tax Amount: $6,803.32
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17282370391086

Listed by EXIT Strategy Realty
Sold by Redfin Corporation

Listing agent

— 2545 S Dearborn St #508 —

  • EXIT Strategy Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2545 S Dearborn St #508

School District:Chicago Public School District 299
NameGradesDistance
Drake Elementary School
2710 South Dearborn Street, Chicago, IL 60616
PK-80.2 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-111.6 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 2545 S Dearborn St #508

Date
Details
Price
Change
Source
9/19/2025
Sold
$298,500
-0.17%
MLS
7/09/2025
Price Reduced
$299,000
-8%
MLS
6/20/2025
Price Reduced
$325,000
-6.88%
MLS
5/14/2025
Price Reduced
$348,999
-0.29%
MLS
5/02/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by EXIT Strategy Realty
Sold by Redfin Corporation

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2545 S Dearborn Street #508, Chicago, IL 60616 (MLS# 12271979) is a Condo property that was sold at $298,500 on September 19, 2025. Want to learn more about 2545 S Dearborn Street #508? 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.