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$224,990 Contingent
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Property Description
Welcome To The Historic Manhattan Building. Experience City Living At Its Best in This Beautiful Condo Located in Historic South Loop. This Freshly Updated One Bedroom Apartment Offers Plenty Of Living Space and An Open-Concept Layout That Maximizes Light and Space. This Unit Has High Ceilings, Hardwood Floors in Living Room and Brand New Carpet in The Bedroom, Large Walk-In Closet and Gorgeous Large Windows Overlooking The Harold Washington Library in The Loop.Freshly Painted, Brand New Stainless Steal Appliances, In-Unit Laundry and Additional Storage in Basement. Great Location Close To Restaurants, Coffee Shops, Shopping, Campuses, Parks and Many More. Plenty Garage Options To Rent Near By. Easy Access To I-90/94/290, Busses and Trains. Investor Friendly Building With Secure Entry, A Part Time Doorman and Delivery Package Service. Schedule Your Showing Today. Easy To Show. Make This Your Home For Holidays. Motivated Seller!! Bring All Offers.
Full Property Details
Full Property Details for 431 S Dearborn St #507
General
- Price: $224,990
- HOA FEE: $755/month
- Taxes: $3,476 (2023)
- Status: Contingent
- Type: Condo
- Source: MRED
- MLS ID: 12512544
- Updated: 1/14/2026
- Added to Site: 72 day(s) ago
Interior
- Basement: None
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Receiving Room
- Other Features: Commuter Bus
Location
- Area: CHI - Loop
- County: Cook
- Township: South Chicago
- Driving Directions: NE CORNER OF DEARBORN AND CONGRESS.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Water, Insurance, Doorman, Exterior Maintenance, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Number Limit
- Pet Restrictions: Cats OK, Number Limit
- Mgmt. Company: Associa
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Model: MANHATTAN
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 5
- Stories/Levels: 16
- Square Feet: 1,100
- Sq. Ft. Source: Estimated
- Year Built: 1891
- Built Before 1978: Yes
Unit Information
- Units in Building: 105
Manufactured Home
- Model: MANHATTAN
Lot Features
- Lot Dimensions: CONDO
Animals
- Animals Allowed: Cats OK, Number Limit
Financial Considerations
- Association Fee: $755
- Assoc Fee Freq.: Monthly
- Assessment Year: 1891
- Tax Amount: $3,476.45
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17162460181034
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Schools
Schools serving 431 S Dearborn St #507
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 #507
Date
Details
Price
Change
Source
11/06/2025
Listed
$224,990
4.16%
MLS
6/27/2017
Sold
$216,000
—
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 #507
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,476
3%
$19,792
—
2022
$3,367
2%
$19,792
—
2021
$3,310
—
$19,792
10%
2020
$3,325
2%
$18,029
-8%
2019
$3,256
-16%
$19,635
—
2018
$3,879
7%
$19,635
16%
2017
$3,629
44%
$16,860
—
2016
$2,519
11%
$16,860
—
2015
$2,265
5%
$16,860
19%
2014
$2,148
3%
$14,144
—
2013
$2,094
-10%
$14,144
-8%
2012
$2,323
—
$15,438
—
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 #507
431 S Dearborn Street #507, Chicago, IL 60605 (MLS# 12512544) is a Condo property with 1 bedroom and 1 full bathroom. 431 S Dearborn Street #507 is currently listed for $224,990 and was received on November 06, 2025. Want to learn more about 431 S Dearborn Street #507? 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.

