720 S Dearborn ST #204, Chicago, IL 60605
720 S Dearborn ST #204, Chicago, IL 60605
720 S Dearborn ST #204, Chicago, IL 60605
$320,000
Est. payment /mo
$325,000
1.5%
Est.Price: ?

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1 Bed
1.5 Baths
1,400 SqFt
SOLD DATE : 07/31/2023

Key Details

Sold Price $320,000

Property Type Condo

Sub Type Condo

Listing Status Sold

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $228

Subdivision Franklin Lofts

MLS Listing ID 11822530

Sold Date 07/31/23

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Fees $713/mo

Rental Info Yes

Year Built 1916

Annual Tax Amount $6,638

Tax Year 2021

Lot Dimensions COMMON

Property Sub-Type Condo

Property Description

Beautiful finished loft space in the heart of Printer's Row in the historic Franklin Building. 9 tall windows (3 of them in the bedroom) flood 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. A massive built-in open shelved bookcase extends from floor to ceiling on the north wall. The open kitchen is contemporary with wood cabinets, granite countertops and full appliances. Both the half bath and the full bath have been updated and ceramic tiled. The full bath has a glass enclosed shower with a tiled seat and a double undermounted sink vanity with granite countertop. The toilet is in a separate compartment which also includes the front loading laundry machines and storage shelving. Between the kitchen and the full bath is a hallway lined with closets on both sides. One of the double closets has extensive closet built-in cabinetry with drawers, open shelves and hanging rods. There is a large walk-in closet with one wall lined with built-in cabinetry with drawers. Opposite the cabinet is the door to a private bedroom with 3 large windows. The possibilities are endless in this airy condominium. 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 no where 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 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. 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 last year's. EVERYTHING is included in the assessment except electric. That includes high speed internet and basic cable from RCN. Please note that the virtual tour includes unit 206 which is on the market as a separate listing or can be purchase with this unit 204 for a different price.

Location

State IL

County Cook

Area Chi - Loop

Body of Water LOFT

Rooms

Basement Partially Finished, Partial

Interior

Interior Features 1st Floor Bedroom, Built-in Features, Walk-In Closet(s), Bookcases, High Ceilings, Open Floorplan, Dining Combo, Granite Counters, Lobby, Replacement Windows

Heating Forced Air, Baseboard

Cooling Central Air, Electric

Flooring Hardwood, Carpet

Equipment TV-Cable, Ceiling Fan(s), Internet-Fiber

Fireplace N

Appliance Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Electric Cooktop, Electric Oven

Laundry Washer Hookup, Main Level, Electric Dryer Hookup, In Unit, In Bathroom

Exterior

Exterior Feature Lighting

Garage Spaces 2.0

Community Features Sidewalks, Street Lights

Utilities Available Cable Available

Amenities Available Bike Room/Bike Trails, Coin Laundry, Elevator(s), On Site Manager/Engineer, Security Door Lock(s), Service Elevator(s), High Speed Conn., Intercom, Public Bus, Security Lighting, Underground Utilities

Building

Lot Description Landscaped

Building Description Brick, Yes

Story 13

Sewer Public Sewer, Storm Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

Elementary Schools South Loop Elementary School

Middle Schools South Loop Elementary School

School District 299 , 299, 299

Others

HOA Fee Include Heat,Air Conditioning,Water,Insurance,TV/Cable,Exterior Maintenance,Scavenger,Snow Removal,Internet

Ownership Condo

Special Listing Condition List Broker Must Accompany

Pets Allowed Cats OK, Dogs OK, Number Limit, Size Limit

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Midwest Real Estate Data (MRED) IDX
Listed by Margie Smigel of  The Margie Smigel Group, LLC 
Bought with Kathryn Barry of Compass

NEARBY SCHOOLS & BUSINESSES

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Roz Dupiton

Roz Dupiton

Broker License ID: 475.163956

+1(312) 857-4769

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