705/2545 South Dearborn Street

Chicago IL 60616

1100 sq. ft.

Condo

Last sold for $370,000

Jennifer Schreiber, last sold this property on 23 June 2026 after 39 days on market.

Overview

Set within the iconic Opera Lofts, once the workshop and warehouse for the Chicago Lyric Opera, this top-floor condo combines authentic loft character with exceptional flexibility and style. Soaring 16' concrete ceilings and oversized east-facing windows flood the space with natural light. Hardwood floors run throughout the expansive open-concept layout, anchored by a welcoming living room with a gas fireplace and ample space for both lounging and dining. Sliding glass doors open to a private balcony with views of downtown and the Lake Michigan! The kitchen is designed for entertaining and everyday living alike, featuring an island, stainless steel appliances, tiled backsplash, and abundant storage and prep space. The spacious primary suite includes two large closets and an en suite bath with a double vanity, while the second bedroom offers flexibility for guests, a home office, or creative space. Additional conveniences include central air, in-unit laundry, and generous closet space. The dramatic ceiling height within this unit also provides a rare opportunity to create additional living, workspace, or sleeping areas tailored to your needs. One parking space in attached heated garage included in price! Residents of this elevator building enjoy an impressive collection of amenities, including a beautifully landscaped rooftop deck, fitness center, dog run, and the chance to live in one of Chicago's most distinctive loft conversions.

Features

2 bedrooms

2 bathrooms

1 carspace

1 garage space

1100 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Chicago over the last 12 months, the estimated median property value of 705/2545 South Dearborn Street is $386.25k.

Median value

$386.25k

Estimated value range

$120k - $830k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 705/2545 South Dearborn Street

2026

Sold

$370,000

23 Jun 2026 by Jennifer Schreiber, of Baird & Warner

2017

Sold

$300,000

08 Sep 2017 by Joseph Held, of REMAX 10 Lincoln Park | Chicago

2009

Sold

$355,510

10 Mar 2009 by Harold Marquardt, of @properties Christie's International Real Estate

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.