200 N Dearborn Street #1007 Chicago, IL 60601
Updated 2 bed, 1 bath condo in downtown Chicago.
Property Features for 200 N Dearborn Street #1007
General Information
- Standard status
- Active
- Size
- 1,060 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1989
Listing office Berkshire Hathaway HomeServices Chicago (302) 629-4514
Listing date Jul 17, 2025
Source Kw
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location: Steps from Google HQ, Chicago Riverwalk, Millennium Park, Grant Park, and the Art Institute.
- Full‑amenity building: Enjoy a 24‑hour fitness center, indoor pool, sundeck with grilling stations, bike room, and storage.
- Parking included: One garage parking spot included in the price.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.2k | $29.40 |
| − Vacancy | −$1.6k | −$1.53 |
| EGI | $29.5k | $27.87 |
| − OpEx | −$13.3k | −$12.54 |
| NOI | $16.2k | $15.33 |