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Sale Pending at 720 S Dearborn St #504, Chicago, IL 60605 | MLS# 12755947 | Listing updated on 2026-10-14
Photo 1 of Sale Pending at 720 S Dearborn St #504, Chicago, IL 60605 | MLS# 12755947 | Listing updated on 2026-10-14
Photo 2 of Sale Pending at 720 S Dearborn St #504, Chicago, IL 60605 | MLS# 12755947 | Listing updated on 2026-10-14
Photo 3 of Sale Pending at 720 S Dearborn St #504, Chicago, IL 60605 | MLS# 12755947 | Listing updated on 2026-10-14
Photo 4 of Sale Pending at 720 S Dearborn St #504, Chicago, IL 60605 | MLS# 12755947 | Listing updated on 2026-10-14
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$399,000

Monthly Est:$1,986

  • Beds Icon1 Bed
  • Beds Icon
    2 Baths
  • Beds Icon1,287sqft

720 S Dearborn St #504, Chicago, IL 60605

$1,986/moEst:

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  • Condominium

  • Built in 1916

  • $720/mo HOA

  • -- sqft lot

  • $310/sq.ft

Description

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

  • Houzeo last checked: 1 hour ago
  • Listing updated: October 14, 2026 at 8:35 am
  • Listing Provided by: Margie Smigel (312) 953-1466 | The Margie Smigel Group, LLC (312) 953-1466
  • Source: MRED MLS-IL | MLS#: 12755947 MRED MLS-IL

This condo is in:

Property Details

  • Status

    Pending

  • Type

    Condominium

  • No. of Stories

    13

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    Loop

  • Year Built

    1916

  • HOA Fees

    $720/mo

  • Finished Area

    1,287 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12755947

  • MLS Status

    Pending

  • Days on Market

    42

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Location

HOA Management

N/A

HOA Fees

$720/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Water Water

Security Guard Security Guard

Bike Trails Bike Trails

Internet Internet

Elevator Elevator

Laundry Laundry

Snow Removal Snow Removal

Insurance Insurance

Heating Heating

Air Conditioning Air Conditioning

Public Bus Public Bus

Underground Utilities Underground Utilities

TV/Cable TV/Cable

Intercom Intercom

Scavenger Scavenger

On Site Manager/Engineer On Site Manager/Engineer

Exterior Maintenance Exterior Maintenance

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: 1

    Bathrooms: 2

  • Foyer

    Level: Main

    Area: 40.00 Square Feet

    Dimensions: 4X10

  • Dining Room

    Level: Main

    Area: 221.00 Square Feet

    Dimensions: 13X17

  • Kitchen

    Level: Main

    Area: 80.00 Square Feet

    Dimensions: 8X10

  • Laundry

    Level: Main

    Area: 9.00 Square Feet

    Dimensions: 3X3

  • Living Room

    Level: Main

    Area: 560.00 Square Feet

    Dimensions: 20X28

  • Master Bedroom

    Level: Main

    Area: 150.00 Square Feet

    Dimensions: 10X15

Interior

  • Flooring

    Hardwood

  • Cooling

    Central Air, Electric

  • Interior Features

    1st Floor Bedroom, Built In Features, Bookcases, High Ceilings, Open Floorplan, Dining Combo, Granite Counters, Lobby, Replacement Windows

  • Heating

    Forced Air, Baseboard

  • Exterior Features

    Lighting

  • Window Features

    Screens, Window Treatments, Aluminum Frames, Double Pane Windows, Shades

  • Appliances

    Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Electric Cooktop, Electric Oven

  • Sewer

    Public Sewer, Storm Sewer

Construction

  • Year Built

    Year Built: 1916

  • Home type

    Condominium

  • Construction Materials

    Brick

Utilities & Energy

  • Parking Features

    Garage, Off Site, Leased, Detached, Off Street, Parking Lot

  • Association Amenities

    Bike Room/bike Trails, Coin Laundry, Elevator In Residence, On Site Manager/engineer, Security Door Lock(s), Service Elevator(s), Elevator(s), High Speed Conn., Intercom, Public Bus, Security Lighting, Underground Utilities

  • Electric

    Circuit Breakers, 100 Amp Service

  • Laundry Features

    Main Level, Washer Hookup, Electric Dryer Hookup, In Unit, In Bathroom

  • Basement

    Partially Finished, Partial

  • Utilities

    Cable Available

  • Water Source

    Lake Michigan, Public

Other Features

  • Community Features

    Sidewalks, Street Lights

  • Subdivision Name

    Franklin Lofts

  • Lot Features

    Landscaped, Level

Price History

DateEventPrice

10/12/2026

Source: mls_logoMRED MLS-IL #MRD12755947

Pending

$399,000

$310/sqft

09/15/2026

Source: #MRD12755947

Contingent (Active Under Contract)

$399,000

$310/sqft

09/11/2026

Source: mls_logoMRED MLS-IL #MRD12755947

Listed for Sale

$399,000

$310/sqft

Loop Ranks #3 in Chicago, IL

Homes for sale
145

Homes

Rental prices
$2,461

Rental Prices

Median Home Price
$0

Median Home Price

Loop, Chicago, IL neighborhood guide

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 23, 2026, 01:30PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 23, 2026, 01:30PM. All data is obtained from various sources and has not been, and will not be, 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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