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$385,000
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Property Description
Welcome to the historic Manhattan Building, a designated Chicago Landmark and home to this expansive 4-bedroom, 2-bath residence that perfectly blends classic charm with modern updates. Step into a welcoming entryway, spacious enough for a bench and featuring a double-wide coat closet. The hallway opens into a generous, light-filled living space with soaring 8-9 ft ceilings and an abundance of windows facing north and east. A wood-burning fireplace anchors the living room, which seamlessly accommodates both seating and dining areas. The kitchen offers freshly painted cabinetry, granite countertops, stainless steel appliances, and a convenient breakfast bar-ideal for casual dining or entertaining. A nearby closet houses a full-sized washer and dryer for added convenience. Currently configured as a dining room, the fourth bedroom includes a large walk-in closet, offering flexible use of space. The primary suite is a peaceful retreat, featuring a wall of east-facing windows, new mirrored sliding closet doors, and a private ensuite bath. The second and third bedrooms function like private mini-suites, each with space for a bed, desk, and TV-perfect for guests, roommates, or a work-from-home setup. Elegant French doors provide a stylish entry into the third bedroom. The second full bathroom has been recently renovated with a new shower, modern vanity, and updated tile flooring. With a rare live/work designation, this home is ideal for those who want to streamline their lifestyle-no commute necessary. The Manhattan Building offers weekday door staff (9 to 5), on-site management, and a truly unique architectural presence. Enjoy unbeatable access to everything the city has to offer: walk to the Loop, Lakefront, shopping, nightlife, restaurants, and public transit. You're also within the sought-after South Loop School boundaries, with easy access to major expressways. Experience the perfect blend of vibrant city living and peaceful comfort-right here at the Manhattan Building.
Full Property Details
Full Property Details for 431 S Dearborn St #1204
General
- Price: $385,000
- HOA FEE: $1,395/month
- Taxes: $7,799 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12484539
- Updated: 1/5/2026
- Added to Site: 103 day(s) ago
Interior
- Basement: None
- Interior Features: Storage, Built-in Features, Walk-In Closet(s), High Ceilings
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Range, Microwave, Dishwasher, Refrigerator
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Elevator(s), Storage, On-Site Manager/Engineer, Receiving Room
Location
- Area: CHI - Loop
- County: Cook
- Township: South Chicago
- Driving Directions: Just north of the intersection of Congress (Ida B Wells ) and Dearborn.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: South Loop Elementary School
- Middle School: South Loop Elementary School
- High School: Phillips Academy High School
- Private School: Phillips Academy High School
Community
- Assoc. Fees Include: Water, Insurance, Doorman, Exterior Maintenance, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK
- Pet Restrictions: Cats OK
- Mgmt. Company: Associa of Chicago
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick, Marble/Granite
- Exterior Const.: Brick, Marble/Granite
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 12
- Stories/Levels: 16
- Square Feet: 1,800
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1896
- Built Before 1978: Yes
Unit Information
- Units in Building: 105
Lot Features
- Lot Dimensions: CONDO
Animals
- Animals Allowed: Cats OK
Financial Considerations
- Association Fee: $1,395
- Assoc Fee Freq.: Monthly
- Assessment Year: 1896
- Tax Amount: $7,799.29
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17162460181089
Listed by The Nav Agency
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Schools
Schools serving 431 S Dearborn St #1204
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.7 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 3.6 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 431 S Dearborn St #1204
Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$385,000
-3.51%
MLS
10/06/2025
Listed
$399,000
9.32%
MLS
4/01/2022
Sold
$365,000
—
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 431 S Dearborn St #1204
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,799
3%
$36,965
—
2022
$7,603
2%
$36,965
—
2021
$7,433
-1%
$36,965
10%
2020
$7,501
2%
$33,670
-8%
2019
$7,367
2%
$36,670
—
2018
$7,244
7%
$36,670
16%
2017
$6,778
7%
$31,488
—
2016
$6,307
9%
$31,488
—
2015
$5,770
18%
$31,488
19%
2014
$4,901
2%
$26,415
—
2013
$4,804
-7%
$26,415
-8%
2012
$5,174
—
$28,832
—
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 431 S Dearborn St #1204
431 S Dearborn Street #1204, Chicago, IL 60605 (MLS# 12484539) is a Condo property with 4 bedrooms and 2 full bathrooms. 431 S Dearborn Street #1204 is currently listed for $385,000 and was received on October 06, 2025. Want to learn more about 431 S Dearborn Street #1204? Do you have questions about finding other Condo real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.

