$350,000 - $395,618
RENTED JUL 11, 2025

431 S Dearborn St Unit 1203 Chicago, IL 60605

Printers Row Neighborhood
4 Beds
2 Baths
-- Sq Ft
1896 Built

Last Sold February 28, 2025

Last sale price $365,000

Est. 2% increase in value since last sale

Current estimated payment $2,758/month

Highlights

  • Doorman
  • 1-minute walk to Harold Washington Library-State/Van Buren
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Laundry Room
  • 2-minute walk to Pritzker Park

About This Home

As of July 2025

This expansive 4-bedroom corner unit in the historic Manhattan Building offers a perfect blend of classic charm and modern convenience in the heart of Printers Row. Featuring hardwood floors, a wood-burning fireplace, updated bathrooms, and never-used kitchen appliances, this sunlit home boasts west-facing windows with stunning city views. The primary suite includes a king-sized retreat, en-suite bath, and walk-in closet, while three additional bedrooms offer flexibility for a home office, media room, or guest suite. Located just steps from DePaul University Loop Campus, Roosevelt University, and Columbia College Chicago, this investor-friendly condo is minutes from Millennium Park, the lakefront, and public transit. With in-unit laundry installation allowed and a brand-new Butterfly security system, this home is a rare find in a prime location!

Last Agent to Rent the Property

Kiki Parmar

Kale Realty License #475207171 Listed on: 03/02/2025

Kale Realty

Last Renter's Agent

Kiki Parmar

Kale Realty License #475207171 Listed on: 03/02/2025

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,296

Year Built

  • Built in 1896

Parking

  • 1 Car Garage

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Elevator
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 3/2/25
  • Rent includes water, doorman, exterior maintenance, lawn care, storage lockers, snow removal, internet

Community Details

Overview

  • 105 Units
  • Jonathan J. Lussier Association, Phone Number (312) 944-2611
  • Property managed by Associa Chicagoland
  • 16-Story Property

Amenities

  • Doorman
  • Laundry Facilities
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,296

Year Built

Built in 1896

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2025-03-02
  • Lease Amount: 250
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Rental Price: 4200
  • Is Parking Included in Price: No
  • Fees/Approvals: Move-in Fee,Refundable Damage Deposit

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • EntryLevel: 12
  • Property Attached: Yes
  • Year Built: 1896
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 16

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Elevator
  • Room Type: No additional rooms
  • Stories Total: 16
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Stone
  • List Price: 4200
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Off Site, Leased, Detached
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Storage, Receiving Room
  • Rent Includes: Water, Doorman, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal, Internet
  • Management Company: Associa Chicagoland
  • Management Contact Name: Jonathan J. Lussier
  • Management Phone: 312-944-2611

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Feb 25, 2025
Sold by
United States Hispanic Leadership Instit
Bought by
Cherukuri Hanumantha Rao and Cherukuri Madhuri
Seller's Agent
Margaret Daday
Keller Williams ONEChicago
Buyer's Agent
Kiki Parmar
Kale Realty
List Price
$374,000
Sold Price
$365,000
Premium/Discount to List
-$9,000
-2.41%
Views
78
Current Estimated Value
$373,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,155
Avg. Annual Appreciation
6.33%
Original Mortgage
$273,750
Outstanding Balance
$273,135
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$100,020
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cherukuri Hanumantha Rao $365,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherukuri Hanumantha Rao $273,750
Previous Owner United States Hispanic Leadership Instit $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Rented $4,200 0.0% --
04/01/2025 04/01/25 Under Contract -- -- --
03/02/2025 03/02/25 For Rent $4,200 0.0% --
02/28/2025 02/28/25 Sold $365,000 -2.4% --
01/19/2025 01/19/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $374,000 0.0% --
01/10/2025 01/10/25 Price Changed $374,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $8,296 $40,089 $3,372 $36,717
2023 $8,087 $39,319 $2,718 $36,601
2022 $8,087 $39,319 $2,718 $36,601
2021 $7,907 $39,319 $2,718 $36,601
2020 $7,978 $35,815 $2,463 $33,352
2019 $7,837 $39,006 $2,463 $36,543
2018 $7,705 $39,006 $2,463 $36,543
2017 $7,210 $33,493 $2,038 $31,455
2016 $6,708 $33,493 $2,038 $31,455
2015 $6,137 $33,493 $2,038 $31,455
2014 $5,395 $29,078 $1,877 $27,201
2013 $5,289 $29,078 $1,877 $27,201
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12301862

Midwest Real Estate Data (MRED)

APN: 17-16-246-018-1088