545 N Dearborn Street #W3005, Chicago, IL 60654

Chicago
Local realty services provided by:ERA Partners
545 N Dearborn Street #W3005,Chicago, IL 60654
$290,000
  • 1 Beds
  • 1 Baths
  • 729 sq. ft.
  • Condominium
  • Active
Listed by: justin penn
Office: keller williams onechicago
MLS#:12706935
Source:MLSNI

Price summary

  • Price:$290,000
  • Price per sq. ft.:$397.81
  • Monthly HOA dues:$743

About this home

Exceptional investment opportunity in the heart of River North! Perched on the 30th floor, this beautifully renovated junior one-bedroom residence at 545 N. Dearborn offers stunning city views, an efficient and functional floor plan, and a highly desirable downtown location. Completely renovated in 2018, the unit showcases modern finishes and thoughtful updates throughout, making it an attractive and low-maintenance investment. Unlike many junior one-bedroom layouts, the bedroom is fully enclosed, providing enhanced privacy and separation from the living space. The unit is currently leased at $2,600 per month through May 2027, delivering immediate and stable rental income for investors seeking a turnkey asset in one of Chicago's strongest rental markets. A standout feature of this offering is the long-term tenant, who has occupied the unit since 2019, providing proven rental stability and consistent cash flow from day one. Ownership is made even more attractive by reasonable...

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Home facts

  • Year built:2003
  • Listing ID #:12706935
  • Updated:September 07, 2026 at 11:02 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:3
  • Kitchen Description:Bar Fridge, Dishwasher, Freezer, High End Refrigerator, Microwave, Range
  • Living area:729 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:2003
  • Building area:729 sq. ft.
  • Exterior Features:Balcony, Dog Run

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$290,000
  • Price per sq. ft.:$397.81
  • Tax amount:$5,050 (2024)

Features and amenities

  • Laundry features:Dryer, Washer
  • Pool features:Pool

Parking

  • Total parking spaces:1
  • Parking description:Attached Garage, Garage
  • Garage:Yes
  • Garage spaces:1
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior

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