1240 North Dearborn Condominiums

1240 N Dearborn Street, Chicago, IL, 60610

Description

1240 North Dearborn Condominiums sits at 1240 N Dearborn Street in Chicago near the corner of Dearborn and Webster. The name appears on the main entry and on building signage. The property is a condo low-rise that dates back to 1879. The exterior shows the type of masonry common on older city blocks. The building consists of 11 units spread on a single story. Units include 1, 2, and 3 bedrooms and range from 2,510 to 2,610 sq ft. The large footprints allow separate living and dining areas in most plans. Ceiling heights and room sizes give a sense of openness inside each home. Recent sale prices ran from $910,000 to $925,000. That price band reflects the size of the homes. Buyers will see a concentrated market with a narrow price range. Sales activity has produced a clear entry point for similar properties in the area. Lake Michigan lies to the east and shapes the neighborhood feel. Three nearby restaurants are Edwardo's Natural Pizza Restau, Paradise Cantina, and Tip Top Inn. Walkable streets link the property to cafes, shops, and transit stops that serve the broader area. The one-story arrangement makes each unit easy to enter and move through on a single level. The low-rise scale keeps the street presence modest and human in scale. Small common areas fit the building size and support a quieter block rhythm. This setup matches buyers who want roomy, single-level living in an older urban building.