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545 N Dearborn St

VERIFIED

Chicago, IL

15 Photos
Updated 3 months ago
$2,500 - $3,000
2 Bed
2 Bath

1,210 - 1,360 Sq. Ft.

Available Now
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
99
Walker's Paradise
Transit Score®
100
Rider's Paradise
Bike Score®
87
Very Bikeable
Floor plans
Beds Rent Sq. Ft. Date Available
1 $2,300 820 ft2 Unavailable
Beds Rent Sq. Ft. Date Available
2 $2,500 1210 ft2 Now
2 $3,000 1360 ft2 Now
Amenities
In-unit Laundry
On-site Laundry
Heat Included
Air Conditioning
Fitness Center
Fireplace
Pool
Walk In Closets
Internet Included
Hardwood Floors
Water Included
Dishwasher
Carpet
Doorman
Elevator
Media Room
Sauna
Basketball Court
Running Track
Balcony, Deck, Patio
Granite Countertop
Business Center
Steam Room
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Parking
Covered Parking
Property details
Description

CENTER LOCATION IN RIVER NORTH, Walking distance to many restaurants, pubs and bars, Grocery stores like Jewel, CTA/Train/Bus Stations, Easy transportation, Post Office, Michigan Avenue and Magnificent Mile.SPACIOUS UNIT gorgeous unit w/ Skyline Views. Extra large corner balcony for grilling & seating. Deluxe spacious master bedroom w/ walk-in closet. In-Unit Washer/Dryer. FULL AMENITY and Building Features: Hotel-like 50,000 Sq. Ft of Amenity Space Starting with the Fitness Center / Gym, Outdoor Pool w /Sundeck, Sauna/ Steam Room, Running Track, Basketball Court, Media Room, Indoor Resistance Pool, Business Center. All within walking distance to the best Chicago offers. **Photos of similar unit**

Additional Details
Account Type: Agent
Total Unit Count: 1
Last Updated: 3 months ago
Contact Number: (773) 698-6648
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 1,210 to 1,360 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $2,500 to $3,000. 545 N Dearborn St has 2 bedroom units available starting at $2,500.
Where is this property located?
This property is at 545 N Dearborn St in Chicago, IL. It's 4.2 miles southeast from the center of Chicago.
Rent report

545 N Dearborn St Rent vs. Chicago Average

545 N Dearborn St is asking 21% more than the average 2 bedroom apartment in Chicago.

If you upsized to an average priced Chicago 3 bedroom apartment, you would pay 20% more per month.

If you downsized to an average priced Chicago 1 bedroom apartment, you would pay 30% less per month.

545 N Dearborn St provides 26% more square footage than the average Chicago 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
545 N Dearborn St
2BR $2,750 $2.10 $8,250
Chicago Average
Studio $1,325 $2.90 $3,976
1BR $1,750 $2.50 $5,251
2BR $2,270 $2.20 $6,809
3BR $2,824 $2.10 $8,472
4BR $2,802 $1.60 $8,407

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 7,377 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Available Units in Chicago
Studio 4,461
1BR 7,377
2BR 5,369
3BR 1,756
4BR 323
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 545 N Dearborn St by bedroom type below.
2 Bedroom
Suggested income:
$99,000
per year
Property manager information
Fulton Grace
Location
Neighborhood: River North
Experience the Magnificent Mile & Michigan Avenue in Chicago’s River North

Chicago was incorporated in 1837 on waterways--for trading--and was re-built in 1871 after the Chicago Fire. The area known today as River North contained warehouses, shipping facilities, railroad tracks, worker’s housing, factories and forges. Because of the number of factories--and the smoke they produced--the area was referred to as Smokey Hollow. When the port was closed the area fell into disrepair as the warehouses and factories vacated and residents moved to the suburbs. From the 1920s through the 1960s it was almost deserted and became known as a red-light district. As artists began to reclaim the large vacated buildings for relatively little money, they turned the old warehouses and factories into galleries, studios, offices and apartments. Real estate developer Albert Friedman coined the name River North to help the area lose its reputation as a derelict district.

River North now has the largest concentration of art galleries outside of Manhattan and a revitalized entertainment industry. It is also home to international corporations such as ConAgra, Groupon and Motorola. The eastern border is Michigan Avenue; the northern edge is Chicago Avenue and the Chicago River is on the south and west perimeters.
Nearby Colleges

Harold Washington College

Argosy University-Chicago

International Academy of Design and Technology-Chicago

School of the Art Institute of Chicago

Robert Morris University Chicago

Campus Buildings and Attractions
Distance Walking Biking Driving
Harold Washington Library Center 1.2 mi 23 min 7 min 2 min
Fitness Center 1.4 mi 27 min 9 min 2 min
(Future) Student Center 1.5 mi 30 min 9 min 2 min
Columbia College Library 1.6 mi 30 min 9 min 2 min
Local scene
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