LKV Realty
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$384,900
$1,900Reward *
431 S Dearborn Street Unit 1204, Chicago, IL 60605Listing ID 12704193

431 S Dearborn Street Unit 1204, Chicago, IL 60605

Active
CHI - Loop
Time on site: 34 daysLast updated: Aug 4, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,800
Days on Site
Days on Site
34
Cooling
Cooling
Central Air
Heating
Heating
Electric, Forced Air
Year Built
Year Built
1896
Garages
Garages
1
Parking
Parking
Off Site, Leased, Detached, Garage

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.

Property Information

Property Details

Location

Address
431 S Dearborn Street
County
Cook
City
Chicago
Zip Code
60605
Subdivision
CHI - Loop
School District
299
High School
Phillips Academy High School
Elementary School
South Loop Elementary School
MLS Area
CHI - Loop

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
2

Building

Building Information

Square Feet
1,800
Year Built
1896
Construction
Brick, Marble/Granite

Financial

Special Conditions
List Broker Must Accompany

Property Taxes

Tax Annual Amount
$7,572
Tax Year
2024

Homeowner Association

HOA Fee
$1,395
HOA Fee Frequency
Monthly
THE NAV AGENCY, (650) 740-9437

Market Report for 60605

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 08:41 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD892669 • MRD1018250