For Sale at Manhattan: 431 S Dearborn Street #1204, Chicago, IL 60605. 3-bedroom 2-bath, 1800 sf, 1896 LOOP $384,900 begin new search
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Overview

Welcome to the iconic Manhattan Building, a designated Chicago Landmark, where timeless architectural character meets modern comfort. This expansive 3-bedroom, 2-bath residence offers exceptional space, abundant natural light, and the rare flexibility of a live/work designation. Designed with versatility in mind, the home can be easily converted into a 4-bedroom layout, creating an excellent opportunity for additional roommates or increased rental income. A welcoming foyer sets the tone with room for a bench and a generous double-wide coat closet. Beyond, the open living and dining area is filled with natural light from oversized north- and east-facing windows, while soaring 8'9" ceilings and a wood-burning fireplace create a warm, inviting atmosphere perfect for relaxing or entertaining. The updated kitchen features freshly painted cabinetry, granite countertops, stainless steel appliances, and a breakfast bar for casual dining or gathering with guests. A conveniently located closet houses a full-size washer and dryer. The spacious dining room offers outstanding flexibility and can remain an elegant entertaining space or be easily enclosed to create a fourth bedroom-an ideal option for maximizing rental potential or accommodating a growing household. The primary suite serves as a peaceful retreat with a wall of east-facing windows, new mirrored sliding closet doors, and a private ensuite bath. The second and third bedrooms are generously sized, each with ample room for a bed, desk, and sitting area, making them perfect for roommates, guests, or today's work-from-home lifestyle. Elegant French doors add architectural charm to one of the bedrooms, while the recently renovated second bath features a new shower, modern vanity, and updated tile flooring. A rare live/work designation offers unmatched flexibility for professionals, creatives, and entrepreneurs, while the option to convert the home into a four-bedroom residence makes this property equally appealing as a primary home or investment. Residents enjoy weekday door staff (9 a.m.-5 p.m.), on-site management, and the distinctive character of one of Chicago's most celebrated historic buildings. Perfectly situated in the heart of the city, you're just moments from the Loop, the lakefront, shopping, acclaimed restaurants, nightlife, and public transportation. Located within the sought-after South Loop School boundaries and offering convenient access to major expressways, this home combines historic elegance, modern updates, and exceptional versatility in one remarkable residence. Whether you're looking for a spacious city home or an investment with strong income potential, this adaptable residence at the Manhattan Building offers the best of both worlds.

Address 431 S Dearborn Street

Unit# 1204


Chicago, IL 60605
Listing Status Active
Asking Price $384,900
On Market Date $384,900 @ Jul 14, 2026
Original Entry Jul 13, 2026
Rooms
Walk In Closet, Foyer
Square Footage 1800 sf
Flooring Hardwood
Bedrooms 3
Full Bathrooms 2
Location
Directions Just north of the intersection of Congress (Ida B Wells ) and Dearborn.
Neighborhood LOOP
Complex Manhattan
School District Not Listed
Ownership
Property Type Condo
Assessment $1,395
HOA Amenities Bike Room/Bike Trails, Elevator in Residence, Storage, On Site Manager/Engineer, Receiving Room
Public Records
County Cook
Tax PIN 17162460181089
Property Tax $7,572 for the year 2024
Lake Michigan Distance 1.0 miles
Exterior
Style Attached Single
Material Not Listed
Lot Size CONDO
Fencing Not Listed
Topography Not Listed
Entry Steps 12
Swimming Pool Not Listed
Parking
Off Site
Leased
Detached
Garage
Total Spaces: 1
Garage Spaces: 1
Non-Garage Spaces: 0 -
View Not Listed
Features
Year Built 1896
Laundry Location Main Level,Washer Hookup,In Unit,Laundry Closet
Elevator Not Listed
Cooling Central Air
Heating Electric, Forced Air
Sewer/Septic Public Sewer
Fireplaces Not Listed (1)
Interior Features Storage, Built-in Features, Walk-In Closet(s), High Ceilings
Additional Parcels No
Appliances Range, Microwave, Dishwasher, Refrigerator
Appliances No
Assessments No
Association No
Association Fee 2 0
Association Fee Frequency Monthly
Attached Garage No
Basement None
Below Grade Finished Area 0
Carport Spaces 0
Cooling No
Heating No
High School District 299
Land Lease No
Laundry No
Living Area Source Landlord/Tenant/Seller
Main Level Bathrooms 0
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking No
Patio No
Pool Private No
Property Attached No
Sprinklers No
View No
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD12704193
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