Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
98 Properties Within 0.5 miles of: 720 S Dearborn, Chicago
  • 520 S State Unit 1103, Chicago, IL 60605
    $418,500
    2 bed | 2 bath
    6 more available units at this address
    $699,000 Unit 1726 3 bd / 2 ½ ba
    $519,000 Unit 1722 2 bd / 2 ba
    $415,000 Unit 816 2 bd / 2 ba
    $410,000 Unit 1211 2 bd / 2 ba
    $324,999 Unit 1104 1 bd / 1 ba
    $289,900 Unit 614 1 bd / 1 ba
  • 520 S State Unit 1722, Chicago, IL 60605
    $519,000
    2 bed | 2 bath
    6 more available units at this address
    $699,000 Unit 1726 3 bd / 2 ½ ba
    $418,500 Unit 1103 2 bd / 2 ba
    $415,000 Unit 816 2 bd / 2 ba
    $410,000 Unit 1211 2 bd / 2 ba
    $324,999 Unit 1104 1 bd / 1 ba
    $289,900 Unit 614 1 bd / 1 ba
  • 520 S State Unit 1726, Chicago, IL 60605
    $699,000
    3 bed | 2½ bath
    6 more available units at this address
    $519,000 Unit 1722 2 bd / 2 ba
    $418,500 Unit 1103 2 bd / 2 ba
    $415,000 Unit 816 2 bd / 2 ba
    $410,000 Unit 1211 2 bd / 2 ba
    $324,999 Unit 1104 1 bd / 1 ba
    $289,900 Unit 614 1 bd / 1 ba
  • 40 E 9th Unit 1114, Chicago, IL 60605
    $159,000
    1 bed | 1 bath
    4 more available units at this address
    $415,000 Unit 609 3 bd / 2 ba
    $289,900 Unit 1005 2 bd / 1 ba
    $285,000 Unit 1216 2 bd / 2 ba
    $225,000 Unit 1103 1 bd / 1 ba
  • 40 E 9th Unit 1103, Chicago, IL 60605
    $225,000
    1 bed | 1 bath
    4 more available units at this address
    $415,000 Unit 609 3 bd / 2 ba
    $289,900 Unit 1005 2 bd / 1 ba
    $285,000 Unit 1216 2 bd / 2 ba
    $159,000 Unit 1114 1 bd / 1 ba
  • 40 E 9th Unit 1216, Chicago, IL 60605
    $285,000
    2 bed | 2 bath
    4 more available units at this address
    $415,000 Unit 609 3 bd / 2 ba
    $289,900 Unit 1005 2 bd / 1 ba
    $225,000 Unit 1103 1 bd / 1 ba
    $159,000 Unit 1114 1 bd / 1 ba
  • 40 E 9th Unit 1005, Chicago, IL 60605
    $289,900
    2 bed | 1 bath
    4 more available units at this address
    $415,000 Unit 609 3 bd / 2 ba
    $285,000 Unit 1216 2 bd / 2 ba
    $225,000 Unit 1103 1 bd / 1 ba
    $159,000 Unit 1114 1 bd / 1 ba

720 S Dearborn Unit PH-1
Chicago, IL 60605

  • 2 Beds
  • 2 Baths
  • 2,020 Sq. Ft.
  • Built In 1916
Price

$700,000

Est Payment
$6,031 / month (details)  
Taxes
$13,163  
Assessments
$1,223  
Beds
2  
Baths
2  
Rooms
5  
Type
Attached Single  
Sq. Ft.
2,020  
Lot Size
condo  
Built
1916  
Neighborhoods
South Loop, Printers Row  
MLS
#12456101
Status
Active (0 days)

Property Description

This breathtaking duplex penthouse loft in the famed Franklin Lofts is a once-in-a-generation opportunity, offering the only penthouse in the building with a direct north-facing view from its walled terrace. With soaring ceilings supported by iron buttresses, exposed brick walls, hardwood floors, and rooms flooded with light, it exemplifies loft living at its most elegant and unique. The first floor features a huge open layout flowing seamlessly from living room to dining room to kitchen, distinguished as the only unit in the building with a genuine woodburning stove and gas cooking range. The kitchen boasts a double row of windows overlooking the terrace and city, generous counterspace, a desk area, a beverage fridge, and a peninsula with a bar sink facing the dining room, while a stackable washer and dryer add convenience; the building also offers a newly renovated laundry room for larger items. The primary suite on this level includes east-facing windows, hardwood floors, exposed brick, a long walk-in closet, and a private bathroom with a double vanity, deep soaking tub, and separate shower. Upstairs, the open second bedroom, currently used as a family room and study, features abundant built-ins with shelving, cabinets, and bookcases, along with a second bathroom offering a separate sink area and shower. The HVAC system was completely replaced this summer by the building for quiet, efficient comfort. Perfectly located in the center of the city's transportation hub, all CTA train lines are within two blocks, with a Red Line stop on Polk and a bus stop across the street, while highways and DuSable Lake Shore Drive are easily accessible from Ida B. Wells Drive. Surrounded by new restaurants, bars, shops, museums, theaters, universities, and the attractions of the Loop, it's also within easy reach of the University of Chicago, UIC, and Rush Medical Center. With a Walk Score that rates it a walker's and transit rider's paradise, residents also benefit from a protected two-way bike path beginning at the front door. Deeded parking is included in the nearby 801 Plymouth garage, though you may find that your car is rarely needed. The building has a bike room and a freight elevator harkening back to its industrial past opening to the street for easy move-in and out that recalls its days of hauling heavy loads of paper. Carefully managed by an attentive board and management, the building covers everything in its assessment except electricity. Heat, cooking gas, endless hot water, air conditioning, high-speed internet, and basic cable are all included. Supported by a reserve fund exceeding one million dollars and recent major upgrades like a new hot water boiler, this iconic penthouse is truly one of a kind.

Property Tour

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Hardwood
19X28
Dining Room
Main
Hardwood
7X16
Kitchen
Main
Ceramic Tile
11X18
Family Room
N/A
Laundry
Main
Ceramic Tile
3X3
Master Bedroom
Main
Hardwood
14X16
Bedroom 2
Second
Hardwood
14X26
Bedroom 3
N/A
Bedroom 4
N/A
Foyer
Main
Hardwood
7X7
Deck
Main
Hardwood
18X15

Utilities

  • Heating Natural Gas, Forced Air, Indv Controls
  • Cooling Central Air, Electric
  • Water Lake Michigan, Public
  • Sewer Public Sewer, Storm Sewer

Additional Information

Assessment Includes
Heat, Air Conditioning, Water, Gas, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet
Common Amenities
Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Security Door Lock(s), Service Elevator(s)
Interior Features
Vaulted Ceiling(s), Elevator, 1st Floor Bedroom, 1st Floor Full Bath, Storage, Built-in Features, Walk-In Closet(s), Bookcases, Open Floorplan, Lobby, Replacement Windows
Exterior Features
Lighting
Appliances
Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Front Controls on Range/Cooktop, Gas Cooktop, Gas Oven
Pets Allowed
Cats OK, Dogs OK, Number Limit, Size Limit
Sub/Complex
Franklin Lofts
Parking
1 Garage Spaces, Asphalt, Garage Door Opener, Heated Garage, Garage, Off Site, Garage Owned, Detached, Parking included in price
Schools
District 299, South Loop Elementary School (299)

Payment Calculator

$
$
$
$
$
%
$
years
%
Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-27-2025 Listed at $700,000
Last Modified 8/27/25 5:58 PM

Nearby Transportation

  • Bus 62 < 0.1 mi
  • Bus 22 < 0.1 mi
  • Bus 24 0.1 mi
  • Bus 29 0.1 mi
  • Bus 146 0.1 mi
  • Bus 130 0.1 mi
  • Bus 2 0.1 mi
  • Bus 10 0.1 mi
  • Bus 6 0.1 mi
  • Bus 148 0.2 mi
  • Bus 36 0.2 mi
  • Bus 4 0.3 mi
  • Bus 1 0.3 mi
  • Bus 3 0.3 mi
  • Bus 147 0.3 mi
  • Rock Island 0.3 mi
  • Metra Electric 0.4 mi
  • Burlington Northern 0.6 mi
  • Heritage Corridor 0.6 mi
  • Milwaukee North 0.6 mi
  • Milwaukee West 0.6 mi
  • North Central Service 0.6 mi
  • Southwest Service 0.6 mi
  • Union Pacific North 0.9 mi
  • Union Pacific Northwest 0.9 mi
  • Union Pacific West 0.9 mi
  • Red Line 0.1 mi
  • Blue Line 0.2 mi
  • Pink Line 0.3 mi
  • Orange Line 0.3 mi
  • ZipCar 0.1 mi
  • I 90 East 0.8 mi
  • I 94 East 0.8 mi
  • I 90 West 0.8 mi
  • I 94 West 0.8 mi
  • I 290 East 0.8 mi
  • I 55 North 1.4 mi
  • I 55 South 1.4 mi
  • I 290 West 1.5 mi
grid
Register to see 1 more properties