The Opera Lofts 2545 S Dearborn St Unit 316 Chicago, IL 60616
Dearborn Neighborhood
2
Beds
2
Baths
1,108
Sq Ft
$275/mo
HOA Fee
Highlights
- Vaulted Ceiling
- Stainless Steel Appliances
- Attached Garage
- Wood Flooring
- Balcony
- 5-minute walk to Williams Park
About This Home
As of December 2022Experience the ultimate in loft living with large one-, two- and three-bedroom floor plans and an assortment of high-end amenities. Enjoy classic architectural detailing complemented by modern upscale finishes with soaring ceilings heights and floor to ceiling windows. Building amenities include heated/garage parking, fitness center, roof deck and dog run. The Opera Lofts building served as the design work shop for the world-famous Lyric Opera of Chicago. Today this unique space has been reinvented as dramatic and inspired loft residences. Own a piece of history today!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475123706 Listed on: 09/17/2016
Co-Listed By
Cathleen Stabb
@properties Christie's International Real Estate License #475127746
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,536
Year Built
- 1909
HOA Fees
- $275 per month
Parking
- Attached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- Vaulted Ceiling
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- <<microwave>>
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Gas
Additional Features
- Balcony
- East or West Exposure
- Property is near a bus stop
Community Details
- 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
Similar Homes in Chicago, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | Chicago Title | |
| Special Warranty Deed | $288,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $273,600 | Commercial |
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
A
Seller's Agent in 2023
Andrew Svalesen
Real Broker LLC
(312) 265-4720
1 in this area
6 Total Sales
-
Darrell Scott
Seller's Agent in 2022
Darrell Scott
Compass
(317) 340-8519
1 in this area
481 Total Sales
-
Carrie McCormick
Seller's Agent in 2016
Carrie McCormick
@ Properties
(312) 961-4612
725 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: MRD09345192
APN: 17-28-237-039-1073
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