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$400,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 4 Beds
  • 2 Full Baths
  • 1,500 Sq. Ft.
  • Updated 2 hours ago

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Own a piece of Chicago history! Spacious 4-bed with primary ensuite and walk in closet, 2-bath home in the landmark Manhattan Building (1891), designed by William Le Baron Jenney and Chicago's oldest surviving steel-frame skyscraper. Signature bay windows fill the unit with natural light. Enjoy hardwood floors, stainless steel appliances, abundant closet space, and in-unit laundry. The flexible layout suits roommates, a home office, or room to spread out. Secure Butterfly automated entry and a bike room ($75/year per bike) add everyday convenience. Parking is available nearby through the building's agreement with 314 S. Federal ($15/day or $250/month). Pet friendly and rental friendly (6-month minimum lease), so it's great for owner-occupants or investors. Perfectly set in Printing Row/South Loop, steps from Grant Park, Dearborn Station, the Loop, restaurants, shops, and multiple CTA lines. A rare large floor plan in a true architectural icon. Don't miss it!

Full Property Details for 431 S Dearborn Street S #1603

General

  • Price: $400,000
  • Taxes: $7,902 (2025)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12777033

Interior

  • Basement: None
  • Interior Features: Storage
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room, Electric
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Soaking Tub

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator in Residence, On-Site Manager/Engineer

Location

  • Area: CHI - Loop
  • County: Cook
  • Township: South Chicago
  • Driving Directions: Corner of Dearborn and Congress.

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

Community

  • Assoc. Fees Include: None
  • Pets Allowed: Yes
  • Pets: Cats OK, Number Limit
  • Pet Restrictions: Cats OK, Number Limit, / 999lbs.
  • Mgmt. Company: Community Association Manager

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Windows: Blinds
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 16
  • Stories/Levels: 16
  • Square Feet: 1,500
  • Sq. Ft. Source: Appraiser
  • Year Built: 1891
  • Built Before 1978: Yes
  • Remodeled/Updated: 1997

Unit Information

  • Units in Building: 105

Lot Features

  • Lot Dimensions: condo

Animals

  • Animals Allowed: Cats OK, Number Limit

Financial Considerations

  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1891
  • Tax Amount: $7,902
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17162460181104

Listed by McColly Real Estate

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— 431 S Dearborn Street S #1603 —

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 431 S Dearborn Street S #1603

School District:Chicago Public School District 299
NameGradesDistance
South Loop Elementary School
1212 South Plymouth Court, Chicago, IL 60605
PK-80.7 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-113.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 431 S Dearborn Street S #1603

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,858
—
$41,355
2%
2023
$7,858
3%
$40,561
—
2022
$7,639
2%
$40,561
—
2021
$7,487
-9%
$40,561
10%
2020
$8,230
2%
$36,946
-8%
2019
$8,084
11%
$40,238
—
2018
$7,270
-2%
$40,238
6%
2017
$7,433
-10%
$37,902
-13%
2016
$8,220
15%
$43,537
5%
2015
$7,123
20%
$41,492
20%
2014
$5,935
19%
$34,559
15%
2013
$4,977
17%
$29,997
14%
2012
$4,254
—
$26,200
—
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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431 S Dearborn Street S #1603, Chicago, IL 60605 (MLS# 12777033) is a Condo property with 4 bedrooms and 2 full bathrooms. 431 S Dearborn Street S #1603 is currently listed for $400,000 and was received on October 14, 2026. Want to learn more about 431 S Dearborn Street S #1603? 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.

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