Real Estate Partners | Grand Plaza - 545 N Dearborn in River North | Offering Our Premium Real Estate Services at a Reduced 1.25% for All of 2025 | View All Condos For Sale or Rent | View Building Amenities & Features
🌐 See Our Work 🌐 Testimonials 🌐 River North Market Analysis | 2024 🌐 About Us
Contact Us: 773-330-5356 (call or text) | [email protected]
With over 15 years of experience selling real estate at 545 N. Dearborn, our team is excited to offer an exclusive opportunity for 2025. Throughout the year, we are reducing our commission fee to just 1.25% for both buyers and sellers at the Grand Plaza. You’ll receive the same premium level of service as always, but now with just half the cost. As passionate advocates for the Grand Plaza, we are eager to work with you and assist with your real estate goals. Let our expertise, resources, and efficient strategies make your next sale as seamless, efficient, and cost-effective as possible.
Our brokerage specializes in a curated selection of River North buildings, allowing us to create cost-effective solutions and synergies that we pass directly to our clients. Having successfully implemented this approach at several River North buildings, we are now expanding our focus to include the Grand Plaza. We have an in-depth knowledge of the property, its association rules, door staff, world-class amenities, stunning river and city views, and all the reasons buyers love to call this building home.
For more information, please reach out to us at 773-330-5356 (call or text) or via email at [email protected]. We are intimately familiar with 545 N Dearborn and are ready to assist with your real estate needs.
As the spring selling season begins to take shape, inventory at 545 N Dearborn remains notably limited. Currently, there are only six condos listed for sale on the MLS, with four of the properties already under contract, indicating robust buyer demand for condos at the Grand Plaza. This trend is likely to persist as more professionals return to in-office work, making River North's prime location increasingly attractive. The combination of lower assessments, a well-maintained association, reasonably priced units, and exceptional amenities at 545 N Dearborn continues to drive strong interest from potential buyers for condos in the building.
Overall, the River North market is performing relatively well, although showing activity and contract signings have slowed slightly compared to 2024. As we are still in the early stages of the spring market, we will closely monitor both the performance of the Grand Plaza and broader market trends in the coming months. We will provide updates as the situation evolves, so stay tuned for more insights on this dynamic real estate landscape.
545 N Dearborn St, also known as "Grand Plaza," is a prominent residential high-rise condo building located in the River North neighborhood of Chicago, Illinois. It stands as a 37-story structure in the heart of the city, offering world-class amenities, stunning views of the surrounding city skyline.
Constructed in 2003, The Grand Plaza is known for its sleek and modern architectural design. The building features a mix of studio, one-bedroom, two-bedroom, and three-bedroom apartments, catering to a diverse range of residents. The units offer spacious layouts, high ceilings, large windows, and upscale finishes, providing residents with a luxurious living experience.
Though named “Grand Plaza,” the amenities and services provided at 545 N Dearborn are the gold standard. Services are available 24 hours a day, with door staff day or night for any need. The gym is also a major perk, with top-rated equipment from a treadmill to a weight rack for those who want a quality workout. In true luxury fashion, a rooftop pool is also at the residents' disposal — a fabulous incentive for those who want to cool off during those scorching city summers without having to fight the crowds flocking to Lake Michigan. From the party room and barbecue area to the basketball courts and sundeck, there is no shortage of amenities here. Indeed, residents enjoy absolute privacy as they relax in the luxury lifestyle found only in the best properties.
🌐 See Our Work 🌐 Testimonials 🌐 River North Market Analysis | 2024 🌐 About Us
📞 773-330-5356 (call or text) ✉️ [email protected]
Looking to purchase or sell a home? Curious about current market valuations, or simply interested in exploring your real estate options? Contact us today and experience the Hudson Parker difference.
Meet our team.
River North
Katie Sullivan | January 11, 2025
River North
Hudson Parker Group | January 1, 2024
In your Best Interest
Hudson Parker Group | February 5, 2025
Under Contract | River North
Hudson Parker Group | January 26, 2025
Just Closed | River North
Hudson Parker Group | December 1, 2024
2024 Market Analysis
Hudson Parker Group | January 8, 2025
Offering a 30% Buyer Commission Rebate & 1% Full-Service Listing Fees | Exclusive to No. Ten Lofts Residents
The most recent 5 properties to hit the market at 1040 W Adams sold in an average of 7 days at 103% of asking price. Properties in the building for both rent and sale are flying off the market significantly faster than average for the West Loop. There are currently 2 units under contract that accepted an offer during their first weekend on the market. This tells us demand is high in the building, buyers are motivated and moving quickly, and property value is increasing. It also suggests sellers have more leverage heading into 2024 peak season and can justify higher asking prices with favorable contract terms.
Property Metrics | Average List Days: 7 | Average Price Per Square Foot: $411 | Average 1 Bedroom Sale Price: $334,000 | Average 2 Bedroom Sale Price: $500,000
2251 N Geneva Ter Chicago, IL 60614
