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River North Apartment with Amenities
For Lease
$3,550/Mo

545 N Dearborn Street #1611, Chicago, IL 60654

Spacious 2 bed, 2 bath apartment in amenity-rich River North.

Space SizeContact for details
Property Size1,320 SF
Days on Market361

Property Features for 545 N Dearborn Street #1611

General Information

Standard status Active
Size 1,320 SF
Property subtype Condominium

Amenities

Forced Air
Central Air
Natural Gas
Range
Microwave
Dishwasher
Refrigerator
Washer
Dryer
Disposal
Stainless Steel Appliance(s)
Deck

Building Details

Building Size 1,320 SF
Year Built 2003
Listing Agency: Fulton Grace Realty
Listed By: Tian Shuai
Source: Kw
Added: Aug 27, 2025 Changed: Aug 11 Last Checked: Aug 21 at 2:37PM

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 Fulton Grace Realty

Investment Insights

Based on property information with market context.

This 2-bedroom, 2-bathroom apartment is located in a full amenity building in River North. The unit features a spacious split bedroom layout with an additional den/office/storage space. The kitchen includes an island, wood cabinets, tile backsplash, granite countertops, and stainless steel appliances, including a dishwasher. Both bedrooms can accommodate king-size beds and have newer carpet. The primary bedroom has a walk-in closet and an ensuite bathroom. The bathrooms feature nice finishes. Hardwood floors are present throughout the living space, and there are custom-built closets throughout the unit. The apartment has central air/heat and in-unit laundry. There is an almost 200-square-foot balcony with access from the living room and both bedrooms. The building is pet-friendly. Public parking is available via LAZ next door. All utilities are included except electricity. Building amenities include 24-hour door staff, a sundeck, an outdoor pool, a running track, a fitness center, a basketball court, a sauna, a steam room, a dog run, a media room, a dry cleaner, and a bike room. The property is within walking distance of River North's restaurants, shops, and nightlife. The property management company requires a mandatory Resident Benefits Package for an additional $40.00 per month, which includes renters insurance, positive credit reporting for on-time rental payments, and identity fraud protection.

Key Highlights

  • Full amenity building: enjoy 24‑hour door staff, outdoor pool, fitness center, dog run, and more.
  • Spacious 2 bed, 2 bath apartment featuring a split bedroom layout and additional den/office/storage space.
  • Large private balcony (almost 200 sq ft) accessible from the living room and both bedrooms.

Property Analytics

Current Use

Cute Puppy Time Pet Store Residences At Grand Plaza Condominium Complex Premier Luxury Suites Hotel & Motel Corporate Suites Network Vacation Rental Manilow Suites Housing Development

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Nursing Home Buffet Pet Grooming Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

32,702
Businesses Nearby

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
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 - Spacious 2 bed, 2 bath apartment in amenity-rich River North.
Where is this apartment building located?
The property is located at 545 N Dearborn Street #1611 Chicago, IL.
What is the lease rate?
The lease rate is $3,550/Mo.
What are key features of this property?
This property features: Full amenity building: enjoy 24‑hour door staff, outdoor pool, fitness center, dog run, and more.; Spacious 2 bed, 2 bath apartment featuring a split bedroom layout and additional den/office/storage space.; Large private balcony (almost 200 sq ft) accessible from the living room and both bedrooms.
More about this property
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