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Pat Smarto

[email protected] +1(847) 338-3848

$ 384,900

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431 S Dearborn ST #1204 Chicago, IL 60605

3 Beds

2 Baths

1,800 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $213

MLS Listing ID 12704193

Bedrooms 3

Full Baths 2

HOA Fees $1,395/mo

Rental Info Yes

Year Built 1896

Annual Tax Amount $7,799

Tax Year 2023

Lot Dimensions CONDO

Property Sub-Type Condo

Property Description

Welcome to the iconic Manhattan Building, a designated Chicago Landmark, where timeless architectural character meets modern comfort. This expansive 3-bedroom, 2-bath residence offers exceptional space, abundant natural light, and the rare flexibility of a live/work designation. Designed with versatility in mind, the home can be easily converted into a 4-bedroom layout, creating an excellent opportunity for additional roommates or increased rental income. A welcoming foyer sets the tone with room for a bench and a generous double-wide coat closet. Beyond, the open living and dining area is filled with natural light from oversized north- and east-facing windows, while soaring 8'9" ceilings and a wood-burning fireplace create a warm, inviting atmosphere perfect for relaxing or entertaining. The updated kitchen features freshly painted cabinetry, granite countertops, stainless steel appliances, and a breakfast bar for casual dining or gathering with guests. A conveniently located closet houses a full-size washer and dryer. The spacious dining room offers outstanding flexibility and can remain an elegant entertaining space or be easily enclosed to create a fourth bedroom-an ideal option for maximizing rental potential or accommodating a growing household. The primary suite serves as a peaceful retreat with a wall of east-facing windows, new mirrored sliding closet doors, and a private ensuite bath. The second and third bedrooms are generously sized, each with ample room for a bed, desk, and sitting area, making them perfect for roommates, guests, or today's work-from-home lifestyle. Elegant French doors add architectural charm to one of the bedrooms, while the recently renovated second bath features a new shower, modern vanity, and updated tile flooring. A rare live/work designation offers unmatched flexibility for professionals, creatives, and entrepreneurs, while the option to convert the home into a four-bedroom residence makes this property equally appealing as a primary home or investment. Residents enjoy weekday door staff (9 a.m.-5 p.m.), on-site management, and the distinctive character of one of Chicago's most celebrated historic buildings. Perfectly situated in the heart of the city, you're just moments from the Loop, the lakefront, shopping, acclaimed restaurants, nightlife, and public transportation. Located within the sought-after South Loop School boundaries and offering convenient access to major expressways, this home combines historic elegance, modern updates, and exceptional versatility in one remarkable residence. Whether you're looking for a spacious city home or an investment with strong income potential, this adaptable residence at the Manhattan Building offers the best of both worlds.

Location

State IL

County Cook

Area Chi - Loop

Rooms

Basement None

Interior

Interior Features Storage, Built-in Features, Walk-In Closet(s), High Ceilings

Heating Electric, Forced Air

Cooling Central Air

Flooring Hardwood

Fireplaces Number 1

Fireplace Y

Appliance Range, Microwave, Dishwasher, Refrigerator

Laundry Main Level, Washer Hookup, In Unit, Laundry Closet

Exterior

Garage Spaces 1.0

Amenities Available Bike Room/Bike Trails, Elevator in Residence, Storage, On Site Manager/Engineer, Receiving Room

Building

Dwelling Type Attached Single

Building Description Brick,Marble/Granite, No

Story 16

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Marble/Granite

New Construction false

Schools

Elementary Schools South Loop Elementary School

Middle Schools South Loop Elementary School

High Schools Phillips Academy High School

School District 299 , 299, 299

Others

HOA Fee Include Water,Insurance,Doorman,Exterior Maintenance,Scavenger,Snow Removal

Ownership Condo

Special Listing Condition List Broker Must Accompany

Pets Allowed Cats OK

Listed by Christopher Katsulis of THE NAV AGENCY

NEARBY SCHOOLS & PROPERTIES

Pat Smarto

Managing Broker / Owner | License ID: 471.000052,

+1(847) 338-3848

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Fox Lake, IL

Pat Smarto

431 S Dearborn ST #1204 Chicago, IL 60605

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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431 S Dearborn ST #1204