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$290,000

  • Sold
  • Closed
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 850 Sq. Ft.
  • 1 Car Garage
See This Home
Save This Home
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Attention investors and owner-occupants-welcome to Dearborn Plaza at 545 N Dearborn St, Unit W1602. This spacious one-bedroom, one-bathroom condo features a private balcony and is move-in ready after an upgrade in May 2025. The unit includes brand new stainless steel kitchen appliances-refrigerator, stove, microwave-and a newer dishwasher. The modern, open-concept kitchen with white cabinetry offers ample storage and is perfect for entertaining. Enjoy in-unit laundry, an oversized bathroom with a soaking tub, and flooring throughout, including brand new flooring in the bedroom as of May 2025. The large bedroom that fits a king size bed includes a walk-in closet with built in shelving. Residents enjoy access to 50,000 square feet of resort-style amenities, including a 24/7 door staff, dry cleaner, bike storage, outdoor pool and sundeck with grills, running track, dog run, sauna, fitness center, indoor basketball court, party room, game room, business center, and a library with coffee and computer access. Monthly assessments cover cable, internet, air conditioning, heat, gas, and water-leaving only electricity for the owner. Building reserves was over $2 millions as of December 2024, with no special assessments planned. Rentals are allowed with a minimum 30-day lease, no rental cap, and no Airbnb permitted. On-site parking is available for rent at $350/month through third-party management on the third floor (not owned by the association). The building is pet-friendly with a limit of two pets per unit, up to 25 lbs each. Experience the best of modern, convenient city living-schedule your private tour today.

Full Property Details for 545 N Dearborn St #W1602

General

  • Sold For: $290,000
  • HOA FEE: $740/month
  • Taxes: $5,618 (2023)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12395755
  • Added to Site: 213 day(s) ago

Interior

  • Interior Features: Walk-In Closet(s), Open Floorplan, Dining Combo, Doorman, Health Facilities, Lobby
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Health Club, On-Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Laundry
  • Other Features: Commuter Bus, Commuter Train, Interstate Access, Non-Smoking Building

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: On Site, Leased, Attached, Garage
  • Parking On-Site: Yes

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Driving Directions: ON DEARBORN BETWEEN GRAND AND OHIO

School Information

  • School District: 299
  • Midd School District: 299

Community

  • Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 25lbs.
  • Mgmt. Company: Sudler Property Management

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo, High-Rise (7 or More Stories)
  • Construction: Concrete
  • Exterior Const.: Concrete
  • Basement Desc.: None
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 16
  • Stories/Levels: 37
  • Square Feet: 850
  • Sq. Ft. Source: Estimated
  • Year Built: 2005
  • Remodeled/Updated: 2025

Unit Information

  • Units in Building: 284

Manufactured Home

  • Model: 1BR

Lot Features

  • Lot Dimensions: COMMON

Financial Considerations

  • Lease Price: $350
  • Association Fee: $740
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 2005
  • Tax Amount: $5,618.24
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17092410361076

Listed by Fulton Grace Realty
Sold by Compass

Listing agent

— 545 N Dearborn St #W1602 —

  • Fulton Grace 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 545 N Dearborn St #W1602

School District:Chicago Public School District 299
NameGradesDistance
Ogden Elementary School
24 West Walton Street, Chicago, IL 60610
K-80.6 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-112 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 545 N Dearborn St #W1602

Date
Details
Price
Change
Source
8/15/2025
Sold
$290,000
-0.68%
MLS
6/17/2025
Listed
$292,000
—
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 Fulton Grace Realty
Sold by Compass

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545 N Dearborn Street #W1602, Chicago, IL 60654 (MLS# 12395755) is a Condo property that was sold at $290,000 on August 15, 2025. Want to learn more about 545 N Dearborn Street #W1602? Do you have questions about finding other Condo real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.