RDM Group Chicago

720 S Dearborn Street 504, Chicago, IL, 60605

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$399,000
New Listing

720 S Dearborn Street 504
Chicago, IL 60605

For Sale|Condominium|Active
1
Bed
2
Total Baths
1
Full Bath
1
Partial Bath
1,287
SqFt
$310
/SqFt
1916
Built
Subdivision:
Franklin Lofts
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of The Margie Smigel Group, LLC
Call Now: 312-566-7107
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312-566-7107
Upcoming Open Houses
Sun, Sep 13, 2:30 PM - 4:00 PM
720 S Dearborn Street 504720 S Dearborn Street 504720 S Dearborn Street 504720 S Dearborn Street 504
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Lovingly designed loft space in the heart of Printer's Row in the historic Franklin Building. 9 tall windows (3 of them in the bedroom) flood 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. Because the building was created for printing presses, the subfloors are thick concrete so you will never hear anyone from above or below. The loft has been fitted out with an amazing amount of storage. Massive built-in open shelved bookcases extend from floor to ceiling on the entire south wall of the living room. There is another floor to ceiling bookcase on the east wall as well as two floor to ceiling storage closets. Along the north wall are closets for coats and shelving. A wonderful banquette with room for baskets beneath is tucked into the window wall on the northwest corner of the room creating a cozy spot for eating or curling up in the afternoon sunshine with a book. Remote controlled shades and lighting installed in 2023. The contemporary open kitchen has wood cabinets, granite countertops, distinctive backsplash tiles and SS appliances including a new (2025) range and dishwasher. Both the half bath and the full bath have been updated. The full bath has a glass enclosed shower with a pebble stone wall and a double vanity with 2 Mexican handcrafted sinks. The toilet is in a separate compartment which also includes the front loading laundry machines. The fully private bedroom has 3 large windows, floor to ceiling closets and more bookshelves. The powder room has a full wall and backsplash of hand crafted Mexican tiles and a Mexican sink set in a unique wood slab counter. Possibilities are endless in this airy condominium. 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. 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 head west and be at the UIC campus and its nearby hospitals even sooner. 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 building engineer is competent and friendly, 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. The reserve is at $1,100,000 and there hasn't been a special assessment in over 25 years. EVERYTHING is included in the assessment except electric. That includes high speed internet and basic cable from Astound. The building is about to embark on a renovation of the hallways and foyer to address its modern needs (larger package room for post-pandemic deliveries) while enhancing its very special vintage character

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Listing Snapshot
Price 
$399,000
Days On Site 
0 Days
Bedrooms 
1
Inside Area (SqFt) 
1,287 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
N/A
Year Built 
1916
MLS® Number 
12755947
Status 
Active
Property Tax 
$5,332.76
HOA/Condo/Coop Fees 
$720 monthly
Sq Ft Source 
Plans
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
8 hours agoListing first seen on site
General Features
Direction Faces 
West
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
13
Parking 
GarageOff SiteLeasedDetachedOff StreetParking Lot
Parking Spaces 
4
Pets 
Cats OKDogs OKNumber LimitSize Limit
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Total 
1287
Utilities 
Cable Available
Water Source 
Public
Interior Features
Appliances 
RangeDishwasherRefrigeratorWasherDryerDisposalStainless Steel Appliance(s)Electric CooktopElectric Oven
Basement 
Partially FinishedPartial
Cooling 
Ceiling Fan(s)Central AirElectric
Electric 
Circuit Breakers100 Amp Service
Flooring 
Hardwood
Heating 
Forced AirBaseboard
Interior 
ElevatorEntrance FoyerBuilt-in FeaturesBookcasesHigh CeilingsOpen FloorplanGranite Counters
Laundry Features 
Main LevelWasher HookupElectric Dryer HookupIn UnitIn Bathroom
Window Features 
ScreensWindow TreatmentsAluminum FramesDouble Pane Windows
Bedroom 2 
Bedroom 3 
Bedroom 4 
Dining Room 
Dimensions - 13X17Level - Main
Family Room 
Foyer 
Dimensions - 4X10Level - Main
Kitchen 
Dimensions - 8X10Level - MainDescription - Galley,Island,Granite Counters,Pantry,Updated Kitchen
Laundry 
Dimensions - 3X3Level - Main
Living Room 
Dimensions - 20X28Level - Main
Master Bedroom 
Dimensions - 10X15Level - Main
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Exterior Features
Construction Details 
Brick
Exterior 
Lighting
Lot Features 
LandscapedLevel
Windows/Doors 
ScreensWindow TreatmentsAluminum FramesDouble Pane Windows
Community Features
Accessibility Features 
Accessible EntranceAccessible Elevator InstalledVisitor Bathroom
Association Amenities 
LaundryCoin LaundryService Elevator(s)Elevator(s)
Association Fee 
$720.0
Association Fee Frequency 
Monthly
Community Features 
SidewalksStreet Lights
MLS Area 
CHI - Loop
School District 
299
Township 
South Chicago
Schools
School District
299
Elementary School
South Loop Elementary School
Middle School
South Loop Elementary School
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of The Margie Smigel Group, LLC



Based on information submitted to the MLS GRID as of 2026-09-11 10:19 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-11 10:19 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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