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30-Unit Apartment Building with Rooftop Terrace
For Sale
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417 S Dearborn St, Chicago, IL 60605

Turn-of-the-century property with a ground-level lobby and rooftop club room.

Property SizeContact for details
Days on Market143

Property Features for 417 S Dearborn St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Public Transit Yes
Multifamily Units 30

Amenities

lobby
rooftop club room & terrace

Building Details

Buildings 1
Tenancy Single
Listing Agency: Essex Realty Group
Listed By: Jordan Gottlieb · License #IL 471013703
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 5:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Essex Realty Group

Investment Insights

Based on property information with market context.

The Plymouth is a turn-of-the-century apartment building at 417 S Dearborn St in Chicago’s Loop. The property contains 30 apartments, a ground-level lobby, and a rooftop club room with an adjoining terrace. Sonder occupies the building as its sole tenant and is in year 2 of its tenancy.

The building sits adjacent to the Harold Washington Library-State/Van Buren CTA Station, which serves the brown, orange, pink, and purple lines. Shopping, dining, universities, and public transportation surround the property, while the Auditorium Theatre and Grant Park are each less than a mile away.

Key Highlights

  • 30 apartments in a turn‑of‑the‑century building
  • Ground‑level lobby plus rooftop club room and terrace
  • Sonder is the sole tenant and is in year 2 of its tenancy

Property Analytics

Current Use

Law Offices of Ayesha ... Law Firm Navy Pier Grocery & Convenience Store Yellow Apartment Apartment Building Sonder | The Plymouth Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Adult Day Care Tanning Salon Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

28,287
Businesses Nearby

Demographics for 60605, IL

34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Turn-of-the-century property with a ground-level lobby and rooftop club room.
Where is this apartment building located?
The property is located at 417 S Dearborn St Chicago, IL.
What are key features of this property?
This property features: 30 apartments in a turn‑of‑the‑century building; Ground‑level lobby plus rooftop club room and terrace; Sonder is the sole tenant and is in year 2 of its tenancy
More about this property
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