5+ Days Ago
Highlights
Pet Friendly
Location
431 S Dearborn St #707, Chicago, IL 60605, USA|Loop
Tour 431 S Dearborn St #707
Contact
Neil Turk
Our team has verified this company
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Property Overview
Located in a vibrant area, this space offers proximity to public transportation, shops, and dining options, making it ideal for urban living. With contemporary design and appealing amenities, it caters to those seeking convenience and style. Additional highlights include ample natural light and well-designed interiors that enhance the overall living experience.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Elevator
- Extra Storage
Great for
Social life
Pet owners
Amenities for 431 S Dearborn St #707, Loop
Appliances
| In-Unit Laundry |
Building
| Cats OK | Dogs OK |
| Elevator |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Cat policy
| Allowed |
|---|
Large dog policy
| Allowed |
|---|
Small dog policy
| Allowed |
|---|
Small pets only - $350 cat fee $450 dog fee
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About 431 S Dearborn St #707
Sweet deal!
This listing is 14% below the median price for 1 bedroom apartments in Loop.
Experience classic Chicago living in this historic landmark building with a spacious one-bedroom home offering nearly 1,100 sq. ft. of open living space. Soaring ceilings, a well-sized kitchen, and rare in-unit laundry add comfort and convenience, while the oversized bedroom provides generous closet space. Enjoy the security of a full-time doorman, with plenty of nearby parking options available. -- Property Management firm requires mandatory Resident Benefit Package additional $40.00 per month; includes renters insurance, positive credit reporting for on-time rental payments, identity fraud protection and more.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 431 S Dearborn St, Chicago, IL 60605, USA compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.2 mile away
- Elevator
- Improved accessibility features
- Extra Storage
- Upgraded in-unit features
- Fireplace
- Upgraded in-unit features available
- Images available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
- Walk-in closet
- Rentals here may include more closet space than average
Considerations
- No covered parking
- Garage or covered parking isn't listed as an amenity here
Address details
| Neighborhood | Loop |
|---|---|
| Zip code | 60605 |
| Type | Condo for rent |
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Rent trends in Loop
1-bedroom apartments at 431 S Dearborn St #707 cost about 14% less than the average rent price for 1-bedroom apartments in Chicago.
Median rents as of Oct 11 2025.
Loop
Chicago
| Month | Median Rent |
|---|---|
| October 2023 | $2,020 |
| November 2023 | $2,050 |
| December 2023 | $2,116 |
| January 2024 | $2,165 |
| February 2024 | $2,174 |
| March 2024 | $2,319 |
| April 2024 | $2,180 |
| May 2024 | $2,248 |
| June 2024 | $2,337 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| October 2024 | $2,200 |
| November 2024 | $2,118 |
| December 2024 | $1,961 |
| January 2025 | $1,932 |
| February 2025 | $1,991 |
| March 2025 | $2,036 |
| April 2025 | $2,050 |
| May 2025 | $2,040 |
| June 2025 | $2,012 |
| July 2025 | $2,172 |
| August 2025 | $2,064 |
| September 2025 | $1,986 |
| October 2025 | $1,976 |
| Month | Median Rent |
|---|---|
| October 2023 | $2,365 |
| November 2023 | $2,348 |
| December 2023 | $2,395 |
| January 2024 | $2,403 |
| February 2024 | $2,357 |
| March 2024 | $3,216 |
| April 2024 | $2,638 |
| May 2024 | $2,453 |
| June 2024 | $2,538 |
| July 2024 | $3,364 |
| August 2024 | $2,618 |
| September 2024 | $2,591 |
| October 2024 | $2,545 |
| November 2024 | $2,483 |
| December 2024 | $2,355 |
| January 2025 | $2,381 |
| February 2025 | $2,427 |
| March 2025 | $2,485 |
| April 2025 | $2,549 |
| May 2025 | $2,602 |
| June 2025 | $2,640 |
| July 2025 | $2,725 |
| August 2025 | $2,630 |
| September 2025 | $2,564 |
| October 2025 | $2,574 |
Affordability calculator
Can I afford to live at 431 S Dearborn St #707?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$87,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $87,800 annually to afford this 1-bedroom monthly rent price of $2,195.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| This month | $2,195 | 1 bed | 1 bath | ||
| This month | $60,605 | 1 bed | 1 bath | ||
| 5 months ago | $1,500 | Studio | 1 bath | ||
| 6 months ago | $1,500 | Studio | 1 bath | ||
| 7 months ago | $3,500 | 3 bed | 2 bath | ||
| 11 months ago | $2,100 | 1 bed | 1 bath | ||
| 1 year ago | $3,600 | 3 bed | 2 bath | ||
| 1 year ago | $1,430 | Studio | 1 bath | ||
| 1 year ago | $1,430 | Studio | 1 bath |
Schools near 431 S Dearborn St #707
South Loop Elementary School
1212 s plymouth ct
chicago, IL, 60605
PK, K-8Public
B+
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Skinner North Elementary School
640 w scott st
chicago, IL, 60610
K-8Public
A-
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
PK, K-8Public
C-
Thomas Early Childhood Center
3625 s hoyne ave
chicago, IL, 60609
PKPublic
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Internet available near 431 S Dearborn St #707
Neighborhood
Loop | Chicago, IL
NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.
Getting around Chicago near 431 S Dearborn St #707
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
This area is accessible to thoroughfares and has ample parking options.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 431 S Dearborn St #707, Chicago
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
10/10
Wide variety of shops within a few minutes' walk
Cafes
10/10
Variety of cafés right on the street
Restaurants
10/10
Variety of restaurants right on the street
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
9/10
Large amount of park space nearby
Nightlife
10/10
Variety of bars right on the street
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