Active
727 Dearborn Street
Chicago, IL 60605
$975,000
3beds
1.5baths
3,350sqft
Anything from "is it priced right?" to "what's the catch?"
About this home
A rare opportunity to create a distinctive live/work loft in the heart of the South Loop. Currently configured as a thoughtfully designed professional workspace, this expansive 3,400 square foot loft offers exceptional scale, light, and flexibility-well suited for conversion into a one-of-a-kind residential space(some photos are rendering of potential build out). The existing layout naturally lends itself to a 2-bedroom plus office configuration, with generous proportions that support open-concept living, private bedroom suites, and dedicated work areas. Originally a raw loft, the space has already undergone a complete gut renovation, with high-end finishes, floor-to-ceiling glass partitions, and carefully considered infrastructure throughout. Two bathrooms (including one with a shower), a full kitchenette ( Needs a Stove and Laundry machines) central air, and multiple enclosed rooms provide a strong foundation for residential use. The open central area offers an ideal footprint for a large living, dining, and kitchen space, while the existing private offices and conference rooms translate easily into bedrooms, a primary suite, or flexible living areas. The result is a space that can be tailored to modern residential living without the need to start from scratch. The neighborhood offers a distinctly local feel, with independent coffee shops, restaurants, a wine bar, and neighborhood retail all within walking distance. A unique chance to reimagine a fully built loft into a highly personalized home-combining the character of a classic Chicago loft with the ease of an already completed interior.
MLS Description — as provided by the listing brokerage.
Location
The facts
Property typeResidential
Age band100+ Years
Bathrooms1 full + 1 half
Total parking0
Lot dimensionsCOMMON
AreaCHI - Loop
Bedrooms (total)3
Annual tax$17,408.26
First listedMay 5, 2026
Parcel #17164070211073
CountyCook
MLS #MRD12599552
Days on market8
Photos34
Schools
ElementarySouth Loop Elementary School
High schoolPhillips Academy High School
Features
Heating
Radiator(s)
Cooling
Central Air
Construction
Brick
Sewer
Public Sewer
Listed by
@properties Christie's International Real Estate
Douglas Smith · 773-531-0794
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 5/12/2026, 8:01:26 AM. All data should be independently verified.
You + your agent
What do you think?
React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.
Loading…
More homes you might like