545 N Dearborn Street #W3005, Chicago, IL 60654

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
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#:12788596
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 #:12788596
  • Updated:October 23, 2026 at 11:44 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
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