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$342,000 - $418,000
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Multifamily -
Off Market
720 S Dearborn Street #206
Chicago, IL 60605
2 Beds
1.5 Baths,
1
Half Bath
1717 Sqft
About This Property
HUGE $20,000 PRICE DROP!!! This is an amazing price on a wonderful
duplex loft in the heart of Printer's Row in the historic Franklin
Building. It is ready for a quick close and immediate occupancy. At
the southwest end of the building, it has 8 tall windows flooding
the place with afternoon sunshine. Wide open traditional loft space
with high ceilings, exposed brick, concrete pillars and beams and
genuine oak floors dating from the condo conversion in 1989, so
they will still have many years of life in them. Entering through
the small foyer is literally breathtaking because it opens to a two
story loft space with double high ceilings. On the main floor is a
full kitchen with white laminate cabinetry and stainless steel
appliances. It is open to the main room with 4 tall windows. The
end wall has exposed brick from floor to ceiling as do all the
window walls in the unit. There is a bedroom with pocket doors off
the main room. Flanking the opening to the bedroom are built-in
floor to ceiling bookshelves. A half bath is near the front door as
is a closet. Up the staircase is a huge open space with another 4
tall windows that could be the primary bedroom or an amazing office
space or both. There is a hallway of double closets facing each
other and a recently renovated porcelain tiled bathroom with a huge
glassed-in shower stall with a tiled seat. The toilet here is in a
separate compartment facing a newer front loading washer and dryer.
The vanity has an under-mounted sink and a granite countertop and
there is also a tall cabinet for extra bathroom storage. The
possibilities are endless. Because there are so many windows with
frontage on the street, more rooms could be created or
reconfigured. There are no structural walls because of the concrete
pillars and beams. The walls and ceilings have just been carefully
skimcoated and painted and all the trim and doors have been
repainted, so it is in move-in condition just the way it is. For
those who live on this special block of the city, there is nowhere
else they'd rather be. It is in the center of the transportation
hub of the metropolis. All of the CTA train lines have stops within
2 blocks of the building. There is a Red Line stop right outside on
Polk. It's easy access to all of the highways from Ida B Wells
Drive just 2 blocks north including easy access to DuSable Lake
Shore Dr. Buses stop across the street. The neighborhood is
brimming with restaurants, bars & shops. It's an easy walk or roll
to Grant Park, Buckingham Fountain, Millennium Park, the museums,
theaters, universities, and all of the shopping and eating in the
Loop. You can head south and be at the University of Chicago and
its hospitals in minutes or west to UIC and Rush. Walk Score says
it's a walker's and public transportation rider's paradise. The
vaunted 2-way protected bike path that runs all the way through the
Loop and over the river begins outside the front door. Parking
garages and a parking lot surround this building. The parking
offered would be offsite and leased separately, but you'll rarely
have to use a car. There is a bike room in the basement next to the
coin laundry which is available to use if you have bulky items. The
janitor is competent, and the management company is miraculously
accessible. There is a large service elevator that opens to the
street for easy move-in and out that recalls its days of hauling
heavy loads of paper. This building is carefully run by an
attentive board and management. They have so successfully completed
the most recent improvements to the building that they were able to
LOWER the assessments beginning in 2020. 2023 assessments are 8.38%
LESS than 2022's. EVERYTHING is included in the assessment except
electric. That includes heat, endless hot water, air conditioning,
high speed internet and basic cable from RCN.
The manager has listed the unit size as 1717 square feet.
The manager has listed the unit size as 1717 square feet.
Unit Size
1,717Ft²
Days on Market
-
Land Size
-
Price per sqft
$221
Property Type
Multifamily
Property Taxes
$709
HOA Dues
$866
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 7, 2024 | No longer available | - | |
No longer available | |||
Dec 20, 2023 | In contract | - | |
In contract | |||
Nov 9, 2023 | Price Decreased |
$380,000
↓ $20K
(5%)
|
|
Price Decreased | |||
Aug 5, 2023 | Relisted | $400,000 | |
Relisted | |||
Jul 20, 2023 | In contract | - | |
In contract |
Show More
Property Highlights
Air Conditioning
Exterior Details
Exterior Information
Brick
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
4
Beds
4
Baths
-
$409,500
Apr 11, 2014
$409,500
Oct 6, 2014
$2,167/mo
Sold
Commercial
Loft
5
Baths
-
$450,000
Apr 24, 2002
$450,000
Sep 17, 2003
$811/mo
Active
House
2
Beds
2
Baths
1,300 ft²
$307/ft²
$399,000
Sep 16, 2023
-
$1,484/mo
Active
House
2
Beds
2
Baths
1,200 ft²
$313/ft²
$375,000
Dec 15, 2023
-
$1,604/mo
Active
House
2
Beds
2
Baths
1,343 ft²
$312/ft²
$419,000
Jun 16, 2023
-
$1,194/mo
House
2
Beds
2
Baths
1,250 ft²
$320/ft²
$400,000
Nov 27, 2023
-
$1,606/mo
House
2
Beds
2
Baths
1,200 ft²
$271/ft²
$325,000
Jul 25, 2023
-
$1,574/mo
In Contract
House
2
Beds
2
Baths
1,250 ft²
$300/ft²
$375,000
Oct 23, 2023
-
$1,205/mo
Active
House
2
Beds
2
Baths
1,283 ft²
$300/ft²
$385,000
Nov 28, 2023
-
$1,350/mo
Active
House
2
Beds
2
Baths
1,230 ft²
$325/ft²
$399,900
Oct 25, 2023
-
$1,423/mo
In Contract
House
2
Beds
2
Baths
1,318 ft²
$303/ft²
$399,000
Nov 27, 2023
-
$1,151/mo
In Contract
House
2
Beds
2
Baths
1,230 ft²
$256/ft²
$315,000
Oct 19, 2023
-
$1,053/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/05/2023
|
2 Bed
|
1.5 Bath
|
1717 ft²
|
$400,000
2 Bed
1.5 Bath
1717 ft²
|
-
-
|
-
|
Margie Smigel
The Margie Smigel Group, LLC
|
|
07/03/2023
|
1 Bed
|
1.5 Bath
|
1400 ft²
|
$325,000
1 Bed
1.5 Bath
1400 ft²
|
-
-
|
-
|
Margie Smigel
The Margie Smigel Group, LLC
|
|
06/09/2023
|
1 Bed
|
1 Bath
|
650 ft²
|
$198,000
1 Bed
1 Bath
650 ft²
|
$198,000
08/10/2023
|
Thomas Bezanes
Compass Real Estate
|
||
04/24/2023
|
3 Bed
|
4 Bath
|
3100 ft²
|
$675,000
3 Bed
4 Bath
3100 ft²
|
-
-
|
-
|
Margie Smigel
The Margie Smigel Group, LLC
|
|
04/05/2022
|
2 Bed
|
2 Bath
|
1700 ft²
|
$475,000
2 Bed
2 Bath
1700 ft²
|
$424,000
-10.74%
11/01/2022
|
Prashanth Pathy
Compass
|
||
04/20/2022
|
Studio
|
1 Bath
|
-
|
$249,900
Studio
1 Bath
|
-
-
|
-
|
Martin Kennedy
Classic Realty Group, Inc.
|
|
06/03/2021
|
2 Bed
|
2 Bath
|
1400 ft²
|
$359,900
2 Bed
2 Bath
1400 ft²
|
$357,000
-0.81%
08/16/2021
|
Stacey Grossman
Jameson Sotheby's Intl Realty
|
||
01/19/2021
|
1 Bed
|
1 Bath
|
875 ft²
|
$235,000
1 Bed
1 Bath
875 ft²
|
$210,000
-10.64%
05/18/2021
|
Lindsey Richardson
|
||
05/02/2019
|
2 Bed
|
2 Bath
|
-
|
$385,000
2 Bed
2 Bath
|
-
-
|
-
|
-
|
|
07/10/2020
|
2 Bed
|
2 Bath
|
1400 ft²
|
$345,000
2 Bed
2 Bath
1400 ft²
|
-
-
|
-
|
-
|
|
01/29/2020
|
1 Bed
|
2 Bath
|
1200 ft²
|
$324,900
1 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
-
|
|
08/08/2019
|
1 Bed
|
1 Bath
|
-
|
$270,000
1 Bed
1 Bath
|
-
-
|
-
|
-
|
|
05/14/2019
|
2 Bed
|
2 Bath
|
1700 ft²
|
$424,900
2 Bed
2 Bath
1700 ft²
|
-
-
|
-
|
-
|
|
08/23/2018
|
2 Bed
|
2 Bath
|
1700 ft²
|
-
2 Bed
2 Bath
1700 ft²
|
-
-
|
-
|
-
|
Building Info
About Central Chicago
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