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$380,000
151 Days Online

720 S Dearborn Street #206
Chicago, IL 60605

For Sale|Condo|Active
2
Beds
1
Full Bath
1
Partial Bath
1,717
SqFt
$221
/SqFt
1916
Built
Subdivision:
Franklin Lofts
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of The Margie Smigel Group, LLC 312-953-1466
Call Now: 312-767-7744
Is this the home for you? We can help make it yours.
312-767-7744
720 S Dearborn Street720 S Dearborn Street720 S Dearborn Street720 S Dearborn Street
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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.

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Listing Snapshot
Price 
$380,000
Days Online 
151 Days
Bedrooms 
2
Inside Area (SqFt) 
1,717 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
N/A
Year Built 
1916
MLS Number 
11823625
Status 
Active
Property Tax 
$8,505
HOA/Condo/Coop Fees 
$866 monthly
Sq Ft Source 
Builder
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS
4 weeks agoPrice changed to $380,000
4 months agoStatus changed to Active
5 months agoStatus changed to Active Under Contract
5 months agoListing first seen online
General Features
Parking 
Zoned PermitVisitor ParkingParking Lot
Parking Spaces 
2
Sewer 
Public SewerSewer- Storm
Electric 
Circuit Breakers
Basement 
Partial
Number of Stories 
13
Water 
PublicLake Michigan
Accessibility Features 
Accessible Entrance
Property Sub Type 
Condominium
Garage Spaces 
4
General Information 
Commuter BusCommuter TrainInterstate AccessHistorical District
Garage 
Detached
Rooms Total 
5
Type Attached 
Condo- DuplexCondo- LoftVintage
Lot Features 
Outdoor LightingSidewalksStreetlights
Parking Total 
2
Interior Features
Cooling 
Central AirZonedElectric
Heating 
Forced AirBaseboardSep Heating Systems - 2+Indv Controls
Appliances 
RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalStainless Steel Appliance(s)Electric CooktopElectric Oven
Interior 
Vaulted/Cathedral CeilingsHardwood FloorsFirst Floor BedroomSecond Floor LaundryLaundry Hook-Up in UnitBuilt-in FeaturesBookcasesCeiling - 10 FootOpen FloorplanSome CarpetingDining ComboDrapes/BlindsGranite CountersLobbyShopsReplacement Windows
Fireplaces 
0
Laundry Features 
Electric Dryer HookupIn UnitIn Bathroom
Bathroom 
Separate ShowerNo Tub
Room Types 
No additional rooms
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Exterior Features
Waterfront Property 
No
Exterior 
Storms/ ScreensEnd UnitCable AccessStorms/Screens
Lot 
Outdoor LightingSidewalksStreetlights
Community Features
Association Dues 
866
Association Amenities 
Bike Room/ Bike TrailsCoin LaundryElevator(s)On Site Manager/ EngineerSecurity Door Lock(s)Service Elevator(s)Bike Room/Bike TrailsOn Site Manager/Engineer
Pets 
Cats O KDogs O KNumber LimitSize Limit
Township 
South Chicago
MLS Area 
CHI - Loop
Association Fee Includes 
HeatAir ConditioningWaterInsuranceTV/CableExterior MaintenanceScavengerSnow RemovalInternet
Pet Information 
Cats OKDogs OKNumber LimitSize Limit
Schools
School District
299
Elementary School
South Loop Elementary School
Middle School
South Loop Elementary School
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of The Margie Smigel Group, LLC 312-953-1466



Based on information submitted to the MLS GRID as of 2023-12-04 06:30 AM UTC. 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.
Data last updated: 2023-12-04 06:30 AM UTC
MRED DMCA Copyright Information Copyright © 2023 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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