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$475,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,528 Sq. Ft.
  • 1 Car Garage
  • Updated 4 days ago
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Experience authentic loft living in the historic Opera Lofts, where original architectural artifacts and relics are displayed throughout this distinctive, art-inspired building. This upgraded 2-bedroom, 2-bath residence offers approximately 1,528 square feet of open-concept living space with dramatic 19-foot ceilings, hardwood floors, a fireplace, and a spacious private balcony accented by a striking spiral staircase leading to the massive master bedroom. The updated kitchen features newer cabinetry, updated backsplash, granite countertops, and stainless-steel appliances. The expansive primary bedroom includes generous built-in closet space, while the marble bathrooms offer luxurious finishes, including a spa tub. Additional conveniences include in-unit laundry, a fitness center, rooftop deck, and one indoor heated parking space. A truly exceptional home filled with character, style, and historic charm.

Full Property Details for 2545 S Dearborn St #525

General

  • Price: $475,000
  • HOA FEE: $470/month
  • Taxes: $6,713 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12754159
  • Updated: 9/14/2026
  • Added to Site: 10 day(s) ago

Interior

  • Basement: None
  • Interior Features: Cathedral Ceiling(s), Storage
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room, Gas Log
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Double Sink, Soaking Tub

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: Concrete, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage

Location

  • Area: CHI - Near South Side
  • County: Cook
  • Township: South Chicago
  • Subdivision: Opera Lofts
  • Driving Directions: STATE TO 26TH ST, W TO DEARBORN-SALES CTR AT 2545

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Assoc. Fees Include: Water, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, 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, Forced Air

Utilities

  • Sewer: Shared Septic
  • 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: 6
  • Square Feet: 1,528
  • Sq. Ft. Source: Plans
  • Year Built: 1909
  • Built Before 1978: Yes
  • Remodeled/Updated: 2007

Unit Information

  • Units in Building: 93

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Cats OK, Dogs OK

Green Features

  • Energy Efficient: Roof

Financial Considerations

  • Association Fee: $470
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1909
  • Tax Amount: $6,713.35
  • Tax Year: 2024
  • Pays Sewer: Shared Septic

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17282370391016

Listed by Compass

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— 2545 S Dearborn St #525 —

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Price & Sales History for 2545 S Dearborn St #525 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/08/2026
Listed
$475,000
28.38%
MLS
1/04/2021
Sold
$370,000
—
Public Record
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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 for 2545 S Dearborn St #525

Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
$25,925
—
2022
-100%
$25,925
—
2021
$4,557
13%
$25,925
23%
2020
$4,019
-16%
$21,143
-11%
2019
$4,757
2%
$23,676
—
2018
$4,677
63%
$23,676
77%
2017
$2,877
7%
$13,364
—
2016
$2,677
9%
$13,364
—
2015
$2,449
-31%
$13,364
-31%
2014
$3,569
2%
$19,237
—
2013
$3,499
1%
$19,237
—
2012
$3,452
—
$19,237
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2545 S Dearborn Street #525, Chicago, IL 60616 (MLS# 12754159) is a Condo property with 2 bedrooms and 2 full bathrooms. 2545 S Dearborn Street #525 is currently listed for $475,000 and was received on September 08, 2026. Want to learn more about 2545 S Dearborn Street #525? 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.

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