720 S Dearborn ST #206, Chicago, IL 60605
720 S Dearborn ST #206, Chicago, IL 60605
720 S Dearborn ST #206, Chicago, IL 60605
$370,000
Est. payment /mo
$380,000
2.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2 Beds
1.5 Baths
1,717 SqFt
SOLD DATE : 02/02/2024

Key Details

Sold Price $370,000

Property Type Condo

Sub Type Condo

Listing Status Sold

Purchase Type For Sale

Square Footage 1,717 sqft

Price per Sqft $215

Subdivision Franklin Lofts

MLS Listing ID 11823625

Sold Date 02/02/24

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $866/mo

Rental Info Yes

Year Built 1916

Annual Tax Amount $8,505

Tax Year 2022

Lot Dimensions COMMON

Property Sub-Type Condo

Property Description

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.

Location

State IL

County Cook

Area Chi - Loop

Body of Water DUPLEX LOFT

Rooms

Basement Partially Finished, Partial

Interior

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

Heating Forced Air, Baseboard, Sep Heating Systems - 2+, Indv Controls

Cooling Central Air, Zoned, Electric

Flooring Hardwood, Carpet

Equipment TV-Cable, Intercom, Fire Sprinklers, Ceiling Fan(s)

Fireplace N

Appliance Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Electric Cooktop, Electric Oven

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

Exterior

Exterior Feature Lighting

Garage Spaces 4.0

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)

Building

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 None

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

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP


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

NEARBY SCHOOLS & BUSINESSES

GET MORE INFORMATION

Roz Dupiton

Roz Dupiton

Broker License ID: 475.163956

+1(312) 857-4769

Name
Phone*
Message