A
Landlord's Agent in 2023
Andrew Svalesen
Real Broker LLC
(312) 265-4720
1 in this area
6 Total Sales
The Opera Lofts 2545 S Dearborn St Unit 316 Chicago, IL 60616
Dearborn NeighborhoodEstimated Value: $319,000 - $400,000
2
Beds
2
Baths
1,102
Sq Ft
0.89
Acres
Highlights
- Fitness Center
- Lock-and-Leave Community
- <<bathWithWhirlpoolToken>>
- Open Floorplan
- Wood Flooring
- 5-minute walk to Williams Park
About This Home
As of December 2023Welcome to the enchanting Opera Lofts, where history and modern elegance intertwine to create an unparalleled living experience! This captivating 2-bedroom, 2-bathroom loft is nestled in one of Chicago's most unique and fascinating buildings. Warm up your car in your very own heated indoor parking space, included for your convenience. Step inside this mesmerizing unit and be greeted by beautiful exposed brick walls, lustrous hardwood floors, and soaring high ceilings that create an atmosphere of grandeur. The in-unit washer and dryer make laundry days a breeze, while the stylish kitchen boasts top-of-the-line stainless steel appliances, perfect for crafting culinary delights. Retreat to the spacious master bedroom en-suite, complete with ample closet space and a luxurious double vanity. The unit can come furnished with a plush king-sized bed, a sleek CB2 teak bedframe, a cozy L-shaped couch, full kitchen equipment, a chic coffee table, and so much more. Marvel at the updated light fixtures and fans, as well as the elegant marble countertops and tile adorning both bathrooms. As a resident of the Opera Lofts, you'll have exclusive access to a state-of-the-art fitness center with a breathtaking skyline view, a generous roof deck offering panoramic vistas of downtown, and the building's own museum-like hallways adorned with relics from Chicago and the Lyric Opera's illustrious history. Don't miss your chance to call this extraordinary piece of Chicago's history your new home!
Last Agent to Rent the Property
Real Broker LLC License #475198802 Listed on: 06/27/2023
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $6,536
Year Built
- Built in 1909 | Remodeled in 2016
Lot Details
- 0.89
Parking
- 1 Car Attached Garage
- Heated Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,102 Sq Ft Home
- Open Floorplan
- Furnished
- Ceiling Fan
- Home Office
- Home Gym
- Granite Countertops
- Wood Flooring
- Laundry on main level
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- <<bathWithWhirlpoolToken>>
Utilities
- Central Air
- Heating System Uses Natural Gas
- High Speed Internet
Listing and Financial Details
- Property Available on 8/1/23
- Rent includes water, parking, scavenger, exterior maintenance, snow removal, air conditioning
- 12 Month Lease Term
Community Details
Overview
- Lock-and-Leave Community
- 7-Story Property
Amenities
- Sundeck
- Elevator
- Service Elevator
- Package Room
Recreation
- Bike Trail
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2022
Closed on
Dec 8, 2022
Sold by
Vanderlinde Grayson L
Bought by
Svalesen Richard and Svalesen Teresita
Seller's Agent
Darrell Scott
Compass
Buyer's Agent
Andrew Svalesen
Real Broker LLC
List Price
$314,900
Sold Price
$325,000
Premium/Discount to List
$10,100
3.21%
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,524
Avg. Annual Appreciation
5.17%
Purchase Details
Listed on
Sep 17, 2016
Closed on
Dec 14, 2016
Sold by
Hp Ventures Group Llc
Bought by
Vanderlinde Grayson L
Seller's Agent
Carrie McCormick
@properties Christie's International Real Estate
Buyer's Agent
Cora Lat
Century 21 Universal
List Price
$269,900
Sold Price
$288,000
Premium/Discount to List
$18,100
6.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$273,600
Interest Rate
5.5%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Svalesen Richard | $325,000 | Chicago Title | |
| Vanderlinde Grayson L | $288,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vanderlinde Grayson L | $273,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/09/2023 12/09/23 | Rented | $2,800 | +12.0% | -- |
| 07/18/2023 07/18/23 | Under Contract | -- | -- | -- |
| 06/27/2023 06/27/23 | For Rent | $2,500 | 0.0% | -- |
| 12/12/2022 12/12/22 | Sold | $325,000 | +3.2% | $293 / Sq Ft |
| 11/28/2022 11/28/22 | Pending | -- | -- | -- |
| 11/02/2022 11/02/22 | For Sale | $314,900 | +9.3% | $284 / Sq Ft |
| 12/16/2016 12/16/16 | Sold | $288,000 | +6.7% | $260 / Sq Ft |
| 10/20/2016 10/20/16 | Pending | -- | -- | -- |
| 09/17/2016 09/17/16 | For Sale | $269,900 | -- | $244 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,536 | $30,219 | $1,825 | $28,394 |
| 2023 | $5,665 | $30,877 | $1,477 | $29,400 |
| 2022 | $5,665 | $30,877 | $1,477 | $29,400 |
| 2021 | $5,556 | $30,875 | $1,476 | $29,399 |
| 2020 | $3,895 | $17,484 | $2,511 | $14,973 |
| 2019 | $3,513 | $17,484 | $2,511 | $14,973 |
| 2018 | $3,454 | $17,484 | $2,511 | $14,973 |
| 2017 | $1,983 | $9,210 | $1,172 | $8,038 |
| 2016 | $1,845 | $9,210 | $1,172 | $8,038 |
| 2015 | $1,688 | $9,210 | $1,172 | $8,038 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Svalesen
-
Darrell Scott
Seller's Agent in 2022
Darrell Scott
Compass
(317) 340-8519
1 in this area
483 Total Sales
-
Carrie McCormick
Seller's Agent in 2016
Carrie McCormick
@ Properties
(312) 961-4612
722 Total Sales
-
C
Seller Co-Listing Agent in 2016
Cathleen Stabb
@ Properties
-
Cora Lat
C
Buyer's Agent in 2016
Cora Lat
Century 21 Universal
12 Total Sales
About The Opera Lofts
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11818412
APN: 17-28-237-039-1073
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