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$320,000
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Property Description
Beautiful finished loft space in the heart of Printer's Row in the historic Franklin Building. 9 tall windows (3 of them in the bedroom) flood the place with afternoon sunshine. Wide open traditional loft space with high ceilings, exposed brick, concrete pillars and beams and genuine oak floors dating from the condo conversion in 1989, so they will still have many years of life in them. A massive built-in open shelved bookcase extends from floor to ceiling on the north wall. The open kitchen is contemporary with wood cabinets, granite countertops and full appliances. Both the half bath and the full bath have been updated and ceramic tiled. The full bath has a glass enclosed shower with a tiled seat and a double undermounted sink vanity with granite countertop. The toilet is in a separate compartment which also includes the front loading laundry machines and storage shelving. Between the kitchen and the full bath is a hallway lined with closets on both sides. One of the double closets has extensive closet built-in cabinetry with drawers, open shelves and hanging rods. There is a large walk-in closet with one wall lined with built-in cabinetry with drawers. Opposite the cabinet is the door to a private bedroom with 3 large windows. The possibilities are endless in this airy condominium. Because there are so many windows with frontage on the street, more rooms could be created or reconfigured. There are no structural walls because of the concrete pillars and beams. The walls and ceilings have just been carefully skimcoated and painted and all the trim and doors have been repainted so it is in move-in condition just the way it is. For those who live on this special block of the city, there is no where else they'd rather be. It is in the center of the transportation hub of the metropolis. All of the CTA train lines have stops within 2 blocks of the building. There is a Red Line stop right outside on Polk. It's easy access to all of the highways from Ida B Wells Drive just 2 blocks north including easy access to Lake Shore Dr. Buses stop across the street. The neighborhood is brimming with restaurants, bars & shops. It's an easy walk or roll to Grant Park, Buckingham Fountain, Millennium Park, the museums, theaters, universities, and all of the shopping and eating in the Loop. You can head south and be at the University of Chicago and its hospitals in minutes. Walk Score says it's a walker's and public transportation rider's paradise. The vaunted 2-way protected bike path that runs all the way through the Loop and over the river begins outside the front door. Parking garages and a parking lot surround this building. The parking offered would be offsite and leased separately, but you'll rarely have to use a car. There is a bike room in the basement next to the coin laundry which is available to use if you have bulky items. The janitor is competent, and the management company is miraculously accessible. There is a large service elevator that opens to the street for easy move-in and out that recalls its days of hauling heavy loads of paper. This building is carefully run by an attentive board and management. They have so successfully completed the most recent improvements to the building that they were able to LOWER the assessments beginning in 2020. 2023 assessments are 8.38% LESS than last year's. EVERYTHING is included in the assessment except electric. That includes high speed internet and basic cable from RCN. Please note that the virtual tour includes unit 206 which is on the market as a separate listing or can be purchase with this unit 204 for a different price.
Full Property Details
Full Property Details for 720 S Dearborn St #204
General
- Sold For: $320,000
- HOA FEE: $713/month
- Taxes: $6,638 (2021)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 11822530
- Added to Site: 1, 020 day(s) ago
Interior
- Interior Features: Hardwood Floors, First Floor Bedroom, First Floor Laundry, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Open Floorplan, Some Window Treatmnt, Dining Combo, Drapes/Blinds, Granite Counters, Lobby, Some Wall-To-Wall Cp, Replacement Windows
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Electric Cooktop, Electric Oven
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Bathroom Features: Separate Shower, Double Sink, No Tub
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), On-Site Manager/Engineer, Security Door Lock(s), Service Elevator(s), Elevator(s), High Speed Conn., Intercom, Public Bus, Security Lighting, Underground Utilities
- Equipment: Cable TV, Ceiling Fan(s), Internet-Fiber
- Other Features: Commuter Bus, Commuter Train, Interstate Access, Historical District
Exterior
- Exterior Features: Storms/Screens, Cable Access
Parking
- Garage Ownership: Fee/Leased
- Garage Spaces: 2
- Number of Cars: 4
- Total Spaces: 2
- Parking Features: Off-Street, Parking Lot
- Parking Type: Garage, Space(s)
- Garage Description: High Garage Door (7 Feet or More)
Location
- Area: CHI - Loop
- County: Cook
- Subdivision: Franklin Lofts
- Driving Directions: Dearborn is between State and Clark and runs one-way north from Polk (800 South). The building is on the west side of the street just north of Roots Pizza. There are flasher 15 minute parking spaces out front and across the street
School Information
- School District: 299
- Midd School District: 299
- Elementary School: South Loop Elementary School
- Middle School: South Loop Elementary School
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 60lbs.
- Mgmt. Company: Tairre Management
Heating & Cooling
- Cooling Type: Central Air Conditioning, Electric
- Heating Type: Forced Air, Baseboard
Utilities
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo/Loft, High-Rise (7 or More Stories), Vintage
- Exterior Const.: Brick
- Basement Desc.: Partial
- Stories/Levels: 13
- Square Feet: 1,400
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1916
- Built Before 1978: Yes
- Remodeled/Updated: 2010
Unit Information
- Units in Building: 59
- Unit Floor in Bldg.: 2
Manufactured Home
- Model: LOFT
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Landscaped, Outdoor Lighting, Sidewalks, Streetlights
Financial Considerations
- Lease Price: $220
- Association Fee: $713
- Assoc Fee Freq.: Monthly
- Assessment Year: 1916
- Tax Amount: $6,638.4
- Tax Year: 2021
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17164060321063
Listed by The Margie Smigel Group, LLC
Sold by Compass
Get Pre-Approved Today
Schools
Schools serving 720 S Dearborn St #204
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.4 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 720 S Dearborn St #204
Date
Details
Price
Change
Source
7/31/2023
Sold
$320,000
-1.54%
MLS
7/03/2023
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
720 S Dearborn Street #204, Chicago, IL 60605 (MLS# 11822530) is a Condo property that was sold at $320,000 on July 31, 2023. Want to learn more about 720 S Dearborn Street #204? 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.

