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  5. 431 S Dearborn Street
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431 S Dearborn Street

431 S Dearborn Street, Chicago, IL, 60605

YEAR BUILT

1891

# STORIES

16

# TOTAL UNITS

72

UNIT SIZE RANGE

2,200-2,300 sqft

Description

The building sits at 431 S Dearborn Street in the heart of Chicago. This high-rise structure was built in 1891. It stands 16 stories tall and has a total of 72 units. Each unit offers plenty of space ranging from 2,200 to 2,300 square feet. Unit prices range from $370,000 to $389,000. The average price paid over the last year was about $314,800. That makes the price per square foot roughly $212. Many buyers took around 66 days to finalize their purchases, giving them time to find the right home. Different bedroom options are available. Buyers can choose from 1, 2, 3, or even 4-bedroom configurations depending on their needs. This variety makes it appealing for families or individuals wanting extra space. Amenities available in this building include a receiving room, elevators, and a bike room. These conveniences add to the comfort of living here. The service elevators also help with moving larger items without hassle. Nearby, people can visit well-known local spots like Gino's East South Loop, Custom House, and Bacci Pizzeria II for dining. The building enjoys easy access to roads which makes commuting simple. It's also close to the Chicago River, providing scenic views and outdoor activities. Living here provides both comfort and an exciting city life. The mix of amenities, unit size options, and location makes this building a solid choice for various lifestyles. Residents can enjoy a vibrant neighborhood while also having the advantage of spacious living.

Building ImageMLS ID #12219501
Building ImageView Listing

431 S Dearborn Street

431 S Dearborn Street, Chicago, IL, 60605

YEAR BUILT

1891

# STORIES

16

# TOTAL UNITS

72

UNIT SIZE RANGE

2,200-2,300 sqft

Description

The building sits at 431 S Dearborn Street in the heart of Chicago. This high-rise structure was built in 1891. It stands 16 stories tall and has a total of 72 units. Each unit offers plenty of space ranging from 2,200 to 2,300 square feet. Unit prices range from $370,000 to $389,000. The average price paid over the last year was about $314,800. That makes the price per square foot roughly $212. Many buyers took around 66 days to finalize their purchases, giving them time to find the right home. Different bedroom options are available. Buyers can choose from 1, 2, 3, or even 4-bedroom configurations depending on their needs. This variety makes it appealing for families or individuals wanting extra space. Amenities available in this building include a receiving room, elevators, and a bike room. These conveniences add to the comfort of living here. The service elevators also help with moving larger items without hassle. Nearby, people can visit well-known local spots like Gino's East South Loop, Custom House, and Bacci Pizzeria II for dining. The building enjoys easy access to roads which makes commuting simple. It's also close to the Chicago River, providing scenic views and outdoor activities. Living here provides both comfort and an exciting city life. The mix of amenities, unit size options, and location makes this building a solid choice for various lifestyles. Residents can enjoy a vibrant neighborhood while also having the advantage of spacious living.

Next

Description

The building sits at 431 S Dearborn Street in the heart of Chicago. This high-rise structure was built in 1891. It stands 16 stories tall and has a total of 72 units. Each unit offers plenty of space ranging from 2,200 to 2,300 square feet. Unit prices range from $370,000 to $389,000. The average price paid over the last year was about $314,800. That makes the price per square foot roughly $212. Many buyers took around 66 days to finalize their purchases, giving them time to find the right home. Different bedroom options are available. Buyers can choose from 1, 2, 3, or even 4-bedroom configurations depending on their needs. This variety makes it appealing for families or individuals wanting extra space. Amenities available in this building include a receiving room, elevators, and a bike room. These conveniences add to the comfort of living here. The service elevators also help with moving larger items without hassle. Nearby, people can visit well-known local spots like Gino's East South Loop, Custom House, and Bacci Pizzeria II for dining. The building enjoys easy access to roads which makes commuting simple. It's also close to the Chicago River, providing scenic views and outdoor activities. Living here provides both comfort and an exciting city life. The mix of amenities, unit size options, and location makes this building a solid choice for various lifestyles. Residents can enjoy a vibrant neighborhood while also having the advantage of spacious living.

431 S Dearborn Street Key Stats Last 12 months

Avg. Listed Price$341,198($214/Sqft.)

Avg. Sale Price$314,800($212/Sqft.)
Year over year list priceUp Arrow52.67%

Year over year sale priceUp Arrow 47.95%
Total Listings5 Listed

Total sold5 Sold
Average Days on Market66 days

Average HOA fees per sqft$2 /monthly
Next

Key Stats

Year over year list priceUp Arrow52.67%

Year over year sale priceUp Arrow47.95%
Total Listings5 Listed

Total sold5 Sold
Average Days on Market66 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

431 S Dearborn Street Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 11041104200042682016-01-04
MLS#: 09074532
Closed$369,000
Unit 110311032250421862012-03-23
MLS#: 07906597
Closed$320,000
Unit 13011301160032582008-10-30
MLS#: 07011077
Closed$370,000
Unit 1103
1103

4 Beds

2 Baths

2250 sqft


DateStatusPrice
2012-03-23Closed$320,000
MLS#: 07906597
Days On Market186
Unit 1104
1104

4 Beds

2 Baths

2000 sqft


DateStatusPrice
2016-01-04Closed$369,000
MLS#: 09074532
Days On Market68
Unit 1301
1301

3 Beds

2 Baths

1600 sqft


DateStatusPrice
2008-10-30Closed$370,000
MLS#: 07011077
Days On Market58
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the highlights of living at 431 S Dearborn is the range of amenities that make everyday life a bit easier. The building includes a bike room and bike trails, perfect for those who love to explore the city on two wheels. There’s also a receiving room, which can be convenient for deliveries, ensuring your packages are in safe hands. Whether you're a busy professional or just someone who enjoys the urban lifestyle, these features are surely designed to complement your daily routine.

Next

Amenities Description

One of the highlights of living at 431 S Dearborn is the range of amenities that make everyday life a bit easier. The building includes a bike room and bike trails, perfect for those who love to explore the city on two wheels. There’s also a receiving room, which can be convenient for deliveries, ensuring your packages are in safe hands. Whether you're a busy professional or just someone who enjoys the urban lifestyle, these features are surely designed to complement your daily routine.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Elevator(s)

Elevator(s)

Door Person

Door Person

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

As a prospective buyer, understanding building policies is crucial. At 431 S Dearborn, there are policies in place such as a pet size limit and additional pet rent, which is good to keep in mind if you have a furry friend. The building enforces a limit on the number of pets allowed, so you'll want to check that if you plan to bring along a cat or dog. A deposit is typically required as well, so make sure to budget for that in your home-buying journey.

Next

Amenities Description

As a prospective buyer, understanding building policies is crucial. At 431 S Dearborn, there are policies in place such as a pet size limit and additional pet rent, which is good to keep in mind if you have a furry friend. The building enforces a limit on the number of pets allowed, so you'll want to check that if you plan to bring along a cat or dog. A deposit is typically required as well, so make sure to budget for that in your home-buying journey.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
431 S Dearborn Street$212/sqft.$2 /sqft.
431 S Dearborn St$218/sqft.$2 /sqft.
Peterson Lofts Condominiums$315/sqft.$2 /sqft.
523 S Plymouth Ct$315/sqft.$2 /sqft.
Library Tower Condominiums$317/sqft.$2 /sqft.
520 S State St$318/sqft.$2 /sqft.

Nearby Schools

431 S Dearborn Street is located near 38+ schools throughout Chicago. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|0.17 miles away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|0.18 miles away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|0.28 miles away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|0.34 miles away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|0.47 miles away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|0.48 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

431 S Dearborn Street is located near 38+ schools throughout Chicago. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|Less than 1 Mile Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|Less than 1 Mile Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|Less than 1 Mile Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|Less than 1 Mile Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|Less than 1 Mile Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|Less than 1 Mile Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|Less than 1 Mile Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|Less than 1 Mile Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|Less than 1 Mile Away

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|1.06 Miles Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|1.31 Miles Away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|1.34 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|1.40 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.46 Miles Away

Intercultural Montessori Language School

--
Private|Grades PK–8
114 S Racine Ave|1.49 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.54 Miles Away

Jackson a Elementary Language Academy

A+
Public|Grades KG–8
1340 W Harrison St|1.65 Miles Away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|1.65 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.67 Miles Away

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|1.68 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.70 Miles Away

Montessori Academy of Chicago

--
Private|Grades PK–8
1335 W Randolph St|1.71 Miles Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|1.73 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.75 Miles Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|1.75 Miles Away

Young Magnet High School

A+
Public|Grades 7–12
211 S Laflin St|1.80 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|1.80 Miles Away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|1.80 Miles Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|1.81 Miles Away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|1.82 Miles Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|1.83 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|1.84 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|1.87 Miles Away

Immaculate Conception School

--
Private|Grades PK–8
363 W Hill St|1.87 Miles Away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|1.87 Miles Away

STEM Magnet Academy Elementary School

A-
Public|Grades KG–8
1522 W Fillmore St|1.91 Miles Away

Crane Technical Preparatory High School

--
Public|Grades 12–12
|1.91 Miles Away

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|1.97 Miles Away

Transit

Situated in Loop, 431 S Dearborn Street offers convenient access to city-wide public transportation. Nearby Bus, Rail, Metro within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

1100 S Columbus (Pedestrian Underpass)

0.62 miles away|12 min walk

1440 S Indiana

0.96 miles away|19 min walk

18th St.

1.33 miles away|26 min walk

18th Street & Carpenter

1.74 miles away|34 min walk

18th Street & Halsted

1.52 miles away|30 min walk

18th Street & Peoria

1.59 miles away|31 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Situated in Loop, 431 S Dearborn Street offers convenient access to city-wide public transportation. Nearby Bus, Rail, Metro within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

1100 S Columbus (Pedestrian Underpass)

0.62 miles away|12 min walk

1440 S Indiana

0.96 miles away|19 min walk

18th St.

1.33 miles away|26 min walk

18th Street & Carpenter

1.74 miles away|34 min walk

18th Street & Halsted

1.52 miles away|30 min walk

18th Street & Peoria

1.59 miles away|31 min walk

18th Street & Racine

1.87 miles away|36 min walk

18th Street & Sangamon

1.62 miles away|32 min walk

18th Street & Throop

1.96 miles away|38 min walk

2300 S Halsted

1.94 miles away|38 min walk

25th Street & Michigan

1.99 miles away|39 min walk

300 W Division

1.98 miles away|38 min walk

311 W Division

1.96 miles away|38 min walk

320 N LaSalle

0.9 miles away|18 min walk

321 N LaSalle

0.9 miles away|18 min walk

327 W Roosevelt

0.67 miles away|13 min walk

333 S Franklin Street (Chicago)

0.33 miles away|7 min walk

350 S. Clark Street (Chicago)

0.15 miles away|3 min walk

530 W Grand

1.29 miles away|25 min walk

700 W Chicago

1.67 miles away|33 min walk

900 W Harrison

1.04 miles away|20 min walk

900 W Roosevelt

1.21 miles away|24 min walk

900 W Taylor

1.1 miles away|22 min walk

Adams & Canal

0.59 miles away|12 min walk

Adams & Clark

0.28 miles away|6 min walk

Adams & State

0.26 miles away|5 min walk

Adams & S. Wacker

0.46 miles away|9 min walk

Adams & Wabash

0.31 miles away|6 min walk

Adams/Wabash

0.3 miles away|6 min walk

Adams & Wells

0.36 miles away|7 min walk

AM Michigan & Randolph (Chicago)

0.65 miles away|13 min walk

Archer & 23rd Place

1.85 miles away|36 min walk

Archer & Canal

1.76 miles away|34 min walk

Archer & Cermak/Princeton

1.6 miles away|31 min walk

Archer & Dearborn

1.37 miles away|27 min walk

Archer & Grove

1.88 miles away|36 min walk

Archer & Normal

1.91 miles away|37 min walk

Archer & Red Line Station

1.48 miles away|29 min walk

Archer & Wallace

1.97 miles away|38 min walk

Archer & Wentworth

1.48 miles away|29 min walk

Ashland & Adams

1.95 miles away|38 min walk

Ashland & Harrison

1.94 miles away|38 min walk

Ashland & Jackson

1.95 miles away|38 min walk

Ashland & Madison

1.98 miles away|39 min walk

Ashland & Polk

1.95 miles away|38 min walk

Ashland & Taylor

1.97 miles away|38 min walk

Ashland & Van Buren

1.94 miles away|38 min walk

Balbo & Columbus

0.45 miles away|9 min walk

Balbo & Michigan

0.32 miles away|7 min walk

Balbo & State

0.2 miles away|4 min walk

The Neighbourhood: Loop

Loop sits in the downtown core near major cultural sites. Millennium Park offers open lawns, the Cloud Gate sculpture, and Crown Fountain. Navy Pier hosts rides such as the Centennial Wheel and programs at the Chicago Children's Museum. Grant Park provides festival space and views of Lake Michigan. Maggie Daley Park includes a playground and a skating ribbon for visitors. The Art Institute of Chicago displays major paintings and rotating exhibits. Restaurants like Giordano's and Lou Malnati's serve deep-dish pizza. Portillo's serves hot dogs and sandwiches. Cindy's Rooftop offers views over Millennium Park. The Berghoff operates as a long-standing tavern and restaurant. CTA Red Line and CTA Blue Line connect the district to neighborhoods and the airport. Metra trains bring commuters to downtown stations each day. CTA buses serve many routes through the district. Parks and plazas draw walkers, joggers, and cyclists during daylight hours. Office buildings and shops create a daytime work and retail scene. This district remains busy from morning through evening with steady foot traffic. This district's data shows that the most common age group falls between 25 to 29 years old and that households with one person make up the largest share of residents.

Next

Neighbourhood Description

Loop sits in the downtown core near major cultural sites. Millennium Park offers open lawns, the Cloud Gate sculpture, and Crown Fountain. Navy Pier hosts rides such as the Centennial Wheel and programs at the Chicago Children's Museum. Grant Park provides festival space and views of Lake Michigan. Maggie Daley Park includes a playground and a skating ribbon for visitors. The Art Institute of Chicago displays major paintings and rotating exhibits. Restaurants like Giordano's and Lou Malnati's serve deep-dish pizza. Portillo's serves hot dogs and sandwiches. Cindy's Rooftop offers views over Millennium Park. The Berghoff operates as a long-standing tavern and restaurant. CTA Red Line and CTA Blue Line connect the district to neighborhoods and the airport. Metra trains bring commuters to downtown stations each day. CTA buses serve many routes through the district. Parks and plazas draw walkers, joggers, and cyclists during daylight hours. Office buildings and shops create a daytime work and retail scene. This district remains busy from morning through evening with steady foot traffic. This district's data shows that the most common age group falls between 25 to 29 years old and that households with one person make up the largest share of residents.

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431 S Dearborn Street Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 6.89% are children aged 0–14, 31.98% are young adults between 15–29, 35.31% are adults aged 30–44, 13.93% are in the 45–59 range and 11.88% are seniors aged 60 and above. Commuting options are also varying where 29.19% of residents relying on walking, while others prefer public transit around 19.32%, driving around 27.69%, biking around 1.39%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 61.75% of units are rented and 38.25% are owner occupied. The neighborhood offers different household types. About 8.92% are single family homes and 0.85% are multi family units. Around 52.83% are single-person households, while 47.17% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 37.01% of residents have bachelor’s degrees. Around 3.75% have high school or college education. Another 3.63% hold diplomas while 44.66% have completed postgraduate studies. The remaining are 10.96% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 6.89% are children aged 0–14, 31.98% are young adults between 15–29, 35.31% are adults aged 30–44, 13.93% are in the 45–59 range and 11.88% are seniors aged 60 and above. Commuting options are also varying where 29.19% of residents relying on walking, while others prefer public transit around 19.32%, driving around 27.69%, biking around 1.39%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 61.75% of units are rented and 38.25% are owner occupied. The neighborhood offers different household types. About 8.92% are single family homes and 0.85% are multi family units. Around 52.83% are single-person households, while 47.17% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 37.01% of residents have bachelor’s degrees. Around 3.75% have high school or college education. Another 3.63% hold diplomas while 44.66% have completed postgraduate studies. The remaining are 10.96% with other types of qualifications.

Age Demographics

0–14 Years

6.89%

15–29 Years

31.98%

30–44 Years

35.31%

45–59 Years

13.93%

60+ Years

11.88%

Commute

19.32%

Transit

29.19%

Walk

27.69%

Drive

1.39%

Bike

Housing Ownership

38.25%

Owner Occupied

61.75%

Rental Units

Household Types

Single Family
8.92%
Multi Family
0.85%
Single Person
52.83%
Multi Person
47.17%

Average Income

Household:$11,161,283.77 /yr

Individual:$9,633,926.02 /yr

Education

Bachelors Degree37.01%
High School College3.75%
Diploma3.63%
Post Graduate44.66%
Others10.96%
Next

Education

Diploma3.63%
Post Graduate44.66%
Others10.96%
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  1. Home
  2. /Chicago, IL
  3. /
    431 S Dearborn Street
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600266003060043
6009360139601426020860447604496050160532606026062160625606346063860639606416064460651
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