545 N Dearborn ST #W1602 new

Chicago,IL 60654

$ 300000

1 Bed

1 Bath

850 SqFt


Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 850 sqft

Price per Sqft $352

MLS Listing ID 12352671

Bedrooms 1

Full Baths 1

HOA Fees $740/mo

Rental Info Yes

Year Built 2005

Annual Tax Amount $5,618

Tax Year 2023

Lot Dimensions COMMON

Property Sub-Type Condo

Property Description

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.

Location

State IL

County Cook

Area Chi - Near North Side

Rooms

Basement None

Interior

Interior Features Walk-In Closet(s),Open Floorplan,Dining Combo,Doorman,Health Facilities,Lobby

Heating Natural Gas

Cooling Central Air

Flooring Hardwood

Fireplace N

Appliance Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Stainless Steel Appliance(s),Gas Cooktop,Gas Oven

Laundry Washer Hookup,In Unit

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Amenities Available 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

Building

Dwelling Type Attached Single

Building Description Concrete, No

Story 37

Sewer Public Sewer

Water Lake Michigan

Structure Type Concrete

New Construction false

Schools

School District 299 ,299, 299

Others

HOA Fee Include Heat,Air Conditioning,Water,Gas,Insurance,Doorman,TV/Cable,Clubhouse,Exercise Facilities,Pool,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal,Internet

Ownership Condo

Special Listing Condition List Broker Must Accompany

Pets Allowed Cats OK,Dogs OK,Number Limit,Size Limit

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