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.
Active
$298,000
545 N Dearborn St #W1602, Chicago, IL 60654
1beds
850sqft
Est.:
Condominium, Single Family Residence
Built in 2005
-- sqft lot
$-- Zestimate®
$351/sqft
$740/mo HOA
What's special
Private balconyIndoor basketball courtFitness centerLarge bedroomParty roomIn-unit laundryBrand new flooring
- 7 days
- on Zillow |
- 643 |
- 54 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 14, 2025 at 10:07pm
Listing courtesy of:
Chih-Hao Yang 773-698-6648,
Fulton Grace Realty
Source: MRED as distributed by MLS GRID,MLS#: 12388236

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Balcony/Porch/Lanai
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Main
- Area: 176 Square Feet
- Dimensions: 11X16
Balcony porch lanai
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8X10
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Island, Custom Cabinetry, Updated Kitchen), Flooring (Hardwood)
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11X8
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 252 Square Feet
- Dimensions: 14X18
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
- Laundry: Washer Hookup, In Unit
Features
- Walk-In Closet(s), Open Floorplan, Dining Combo, Doorman, Health Facilities, Lobby
- Flooring: Hardwood
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 850 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: On Site, Leased, Attached, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Features
- Exterior features: Balcony
Details
- Parcel number: 17092410361076
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Concrete
Condition
- New construction: No
- Year built: 2005
- Major remodel year: 2025
Details
- Builder model: 1BR
Utilities & green energy
- Electric: Circuit Breakers, Fuses
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: 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
- Services included: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, Cable TV, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- HOA fee: $740 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $351/sqft
- Tax assessed value: $266,280
- Annual tax amount: $5,618
- Date on market: 6/9/2025
- Ownership: Condo
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