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545 N Dearborn St Unit W3505, Chicago, IL, 60654

$778,000

Home List Price

$9,239*

Closing Credit

3 Bedrooms
2 Full Baths
Condo

Location

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545 N Dearborn St Unit W3505, Chicago$778,000

Buyer Closing Credits

$9,239*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage2 spaces
Year Built2003
HeatingForced Air, Other
CoolingCentral Air, Zoned
MLS #12032304
StatusActive

About 545 N Dearborn St Unit W3505

Welcome to this stunning and rare 3BD/2BA penthouse condo in River North's premier building, The Grand Plaza! One of only two single-story 3 bedroom units in the building, this condo provides ample storage, privacy, and quiet living. This spacious, south-facing unit with 10 ft ceilings, hardwood floors, and remote-controlled window treatments offers breathtaking skyline views, filling the open-concept living space with natural light. The updated kitchen features sleek granite countertops, stainless steel appliances, an island with cabinets, and a layout ideal for entertaining. The expansive primary suite includes a spa-inspired bathroom with a rain shower, full body sprays, and a large walk-in closet, outfitted with Elfa Closet Systems, installed in 2022. The other two bedrooms are perfect for use as guestrooms and/or office space, as each has its own Elfa-outfitted closet (one walk-in). This home boasts numerous updates, including upgraded lighting throughout the unit, closets (2022), a new Samsung refrigerator (2023), a new wine fridge (2024), and fresh paint (2024). The spacious private balcony offers unbeatable city views, perfect for outdoor relaxation. With only 3 units on the 35th floor, this home offers exclusivity and tranquility. The Grand Plaza is renowned for its luxury amenities, including 24-hour door staff, an expansive fitness center, basketball court, large outdoor pool with cabanas, running track, dog park, sundeck, sauna, library, business center, lounge with billiards, outdoor BBQ areas, hospitality suite and on-site guest suite. The building's unbeatable location is steps from the CTA Red Line, Michigan Avenue shopping, and some of the city's best restaurants. Plus, with Jewel-Osco in the building and Trader Joe's, Whole Foods, and Eataly all within walking distance, convenience is at your doorstep.

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Stories: 37

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 319-1168
  • Listing Agent: Cynthia Sodolski

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Cooler
  • Basement: No
  • Interior: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s), Ceiling - 10 Foot, Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Forced Air, Other
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: N Michigan Ave west to W Grand Ave north to N Dearborn St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $778,000

HOA Fees:

  • Amount: $1940
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

545 N Dearborn St Unit W3505 vs Chicago

43 DAYS ON ROCKET

+11 Days

$778,000

+$417.6K More

KEY TAKEAWAY

This property is $417.6K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12032304

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 319-1168
  • Listing Agent: Cynthia Sodolski

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 8:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-284991
9
/10

  • Skinner Elementary School

  • 111 S Throop St

  • 1.32 miles

  • Public District Grades PK-5

school-card-donut-284992
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.06 miles

  • Public District Grades KG-5

school-card-donut-284993
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 3.16 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,963. Typical income of Chicago, IL residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 545 N Dearborn St Unit W3505

What is the listing price of this property?

The listing price of 545 N Dearborn St Unit W3505 property is $778,000.

What type of property is this?

The property 545 N Dearborn St Unit W3505 is a condo located in Chicago, Illinois, 60654.

Is this property for sale now?

Active Listing: 545 N Dearborn St Unit W3505 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 545 N Dearborn St Unit W3505 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The sq. ft. of 545 N Dearborn St Unit W3505 is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 545 N Dearborn St Unit W3505 is 2003.

Rocket Homes›Illinois›Cook County›Chicago›60654›545 N Dearborn St Unit W3505

This home is located at 545 N Dearborn St Unit W3505 in Chicago, IL and zip code 60654 in the Near North Side neighborhood. This home was built in 2003. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $778,000.

In October 2024 more than 539 listings in Chicago, IL were sold above the asking price. During the same period more than 337 listings were sold at asking price, while more than 919 were sold below. In October 2024 in Chicago, IL there were 14.5% more homes for sale than in September 2024. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $360,336.

From Rocket Homes Real Estate and based on county public records data.

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