545 N Dearborn St, Unit W1602

Chicago, IL 60654

$290,000
Last Sold Price
1
Bed
850 Sq. Ft.
$341 / Sq. Ft.
850
Sq. Ft.
$341
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 8/15/25
Closed 8/15/25
a view of a building

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...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.
  1. Listed by Chih-Hao Yang • Fulton Grace Realty
    P: (217)-819-8009 chihhao.d.yang@gmail.com;chihhao@fultongrace.com

Sold By Compass

Property Details for 545 North Dearborn Street, Unit W1602

Area
CHI - Near North Side
Township
North Chicago
Ownership
Condo
Num Of Garage Spaces
1.0
Num Of Parking Spaces
1.0
Parking Included in Price
No
Air Conditioning Type
Central Air
Heat/Fuel
Natural Gas
LISTING UPDATED: 08/17/2025 03:01 AM

Property Details for 545 North Dearborn Street, Unit W1602

StatusClosed
MLS #12395755
Days on Market12
Pet PolicyAllowed
Taxes$5,618 / year
HOA Fees$740 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeAttached Single / Condo
Year Built2003
CountyCook County
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Location

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Building Information for 545 North Dearborn Street, Unit W1602

Building/Complex545 N Dearborn StFloor16Stories37Residences283Pet PolicyAllowedPet Policy Details3Year Built2003

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$2,653 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,445

Property Taxes

$468

HOA Dues

$740

The Payment Calculator is for illustrative purposes only.

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Property Information for 545 North Dearborn Street, Unit W1602

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: On Site, Leased, Attached, Garage
Pet Information
  • Max Pet Weight: 25.0
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
Location and General Information
  • Front Exposure: North, City
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Common Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: No
Property Information
Interior Features
  • Interior Property Features: Walk-In Closet(s), Open Floorplan, Dining Combo, Doorman, Health Facilities, Lobby
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool-Outdoors, Receiving Room, Sauna, Service Elevator, Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Laundry
  • Num Of Rooms: 4
  • Bedrooms Total: 1
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 1
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Fuses
  • Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Basement Bathrooms: No
  • Room Type: Balcony/Porch/Lanai
  • Num of Baths: 1.0
Exterior Features
  • Type: Condo,High Rise (7+ Stories)
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances, Gas Cooktop, Gas Oven
Property/Lot Information
  • Exterior Property Features: Balcony
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2025
  • Built Before 1978: No
  • Age: 16-20 Years
  • Type Attached: Condo, High Rise (7+ Stories)
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 37
  • Total # Units in Building: 284.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Concrete
  • Construction: Concrete
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building
  • North Coordinate: 545
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 36
  • Living Area Source: Estimated
  • Management: Manager On-site,Monday through Friday
  • Management Company: Sudler Property Management
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2025-06-17T17:18:47
  • Photos Count: 44
  • Rural: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 06-17-2025
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 11X16
Bedroom #2 Information
  • 2nd Bedroom Level: N/A
  • Room Type: Bedroom 2
Bedroom #3 Information
  • 3rd Bedroom Level: N/A
  • Room Type: Bedroom 3
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: COMBO
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 11X8
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 14X18
Balcony/Porch/Lanai Information
  • Room Level: Main
  • Room Type: Balcony/Porch/Lanai
  • Dimensions: 8X10

Property History for 545 North Dearborn Street, Unit W1602

DateEvent & SourcePriceAppreciation
Aug 15, 2025

Sold

MRED #12395755

$290,000—
Aug 12, 2025

Sold (Public Record)

Public Record #1913711415

$290,000

-0.6% / yr

Jun 28, 2025

Pending

MRED #12395755

—
DateEvent & SourcePrice
08/15/2025

Sold

MRED #12395755

$290,000
08/12/2025

Sold (Public Record)

Public Record #1913711415

$290,000

-0.6% / yr

06/28/2025

Pending

MRED #12395755

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 545 North Dearborn Street, Unit W1602

Taxable ValueLand$4,406Additions$21,422Total$25,828
Tax Record2023$5,618 ($468 / month)
Home Facts
Beds0Lot Size77,972 SqFtStyleCondominiumYear Built2006CountyCOOKAPN17-09-241-036-1076

Schools near 545 North Dearborn Street, Unit W1602

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Ogden Elementary School
Public - PK to 8
Wells Community Academy High School
Public - 9 to 12
YCCS-Innovations of Arts Integr
Charter - 9 to 12
Muchin College Prep
Charter - 9 to 12
Rating
School
Distance
Ogden Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

YCCS-Innovations of Arts Integr
Charter9 to 12

Muchin College Prep
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fulton Grace Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/17/2025 03:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.