$495,000
$34K PRICE DROP

Estimated payment $4,766/month

Total Views 4,847
2 Beds
2 Baths
1,250 Sq Ft
$396 Price per Sq Ft

Highlights

  • Doorman
  • 2-minute walk to Clark/Division Station
  • Fitness Center
  • Lincoln Park High School Rated A
  • Water Views
  • 4-minute walk to Goudy (William) Square Park

About This Home

Welcome to this spacious and light-filled 2 bed, 2 bath condo in the heart of Chicago's historic Gold Coast. Located in the sought-after B tier, Unit 8B features a desirable split-bedroom layout, updated lighting, and a large east-facing balcony overlooking tree-lined Dearborn Street. The open-concept living and dining areas flow seamlessly into an all-white kitchen with black granite countertops. The primary suite includes a walk-in closet with custom organizers and a stylish en-suite bath. The second bedroom offers flexibility for guests or a dedicated home office. Both bathrooms have been beautifully renovated with modern vanities and include walk-in showers with Toto, Kohler, and Hansgrohe fixtures. New hardwood floors in the bedrooms add a light, airy feel throughout, and the newly added in-unit washer/dryer is tucked neatly into a utility closet for maximum convenience. Unwind outside on the private balcony with sweeping eastern views towards the lake, large enough to easily accommodate a grill + dining set. 1250 N Dearborn is a full-amenity building with 24-hour door staff, on-site management, a fitness center, and a recently updated rooftop deck with panoramic city views, lounge seating, pergola, grill, and fire pits. Valet parking is available in the attached garage for an additional fee. The unit includes a storage cage, access to bike storage room for additional fee, and up to two pets (25 lb. max per pet). Enjoy an unbeatable location just steps from Oak Street Beach, the Lakefront Trail, Lincoln Park, top-rated dining, shopping, and public transit via bus or the Clark/LaSalle Red Line.

Listing Agent

Christine Sullivan

Baird & Warner License #475170045 Listed on: 06/24/2025

Baird & Warner

Co-Listing Agent

Leonard Benefico

Baird & Warner License #475134496

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,285

Year Built

  • Built in 1989 | Remodeled in 2019

HOA Fees

  • $1,366 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • No Tub in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Handicap Shower

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 100 Units
  • Rita Lima Association, Phone Number (312) 988-4000
  • High-Rise Condominium
  • Property managed by FS Residential
  • Lock-and-Leave Community
  • 24-Story Property

Amenities

  • Doorman
  • Sundeck
  • Coin Laundry
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,285

Year Built

Built in 1989 | Remodeled in 2019

Lot Details

0

HOA Fees

$1,366 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 8
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • New Construction Y/N: No
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 24
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • LivingArea: 1250
  • Room Type: Foyer, Balcony/Porch/Lanai
  • Stories Total: 24
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Accessible Shower,No Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Doors
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Concrete
  • ExteriorFeatures: Balcony
  • List Price: 495000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Leased, Attached, Garage
  • ParkingTotal: 1
  • Highest Parking Fee: 325
  • Lowest Parking Fee: 295

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Laundry Features: Washer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1366
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FS Residential
  • Management Contact Name: Rita Lima
  • Management Phone: 312-988-4000X2

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Lease Amount: 325
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 8285.37
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 100

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,285 $39,850 $4,613 $35,237
2023 $8,077 $39,270 $3,714 $35,556
2022 $8,077 $39,270 $3,714 $35,556
2021 $6,691 $39,269 $3,714 $35,555
2020 $6,944 $36,757 $2,599 $34,158
2019 $6,774 $39,888 $2,599 $37,289
2018 $6,658 $39,888 $2,599 $37,289
2017 $6,126 $34,531 $2,079 $32,452
2016 $6,416 $34,531 $2,079 $32,452
2015 $5,847 $34,531 $2,079 $32,452
2014 $5,645 $32,991 $1,671 $31,320
2013 $5,522 $32,991 $1,671 $31,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $495,000 -6.4% $396 / Sq Ft
06/24/2025 06/24/25 For Sale $529,000 0.0% $423 / Sq Ft
06/24/2025 06/24/25 Price Changed $529,000 +46.9% $423 / Sq Ft
02/22/2019 02/22/19 Sold $360,000 -2.7% $288 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $369,900 -- $296 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $435,000 Proper Title Llc
Warranty Deed $360,000 Old Republic Title
Warranty Deed $250,000 --
Warranty Deed $206,000 --
Warranty Deed -- --
Trustee Deed $115,666 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 No Value Available
Previous Owner $160,000 No Value Available
Previous Owner $138,800 No Value Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12385903

Midwest Real Estate Data (MRED)

APN: 17-04-223-086-1025