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  3. Chicago, IL
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  5. Federal Square
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Federal Square

1214 S Federal Street, Chicago, IL, 60605 |Federal Square

YEAR BUILT

1994

# STORIES

# TOTAL UNITS

10

UNIT SIZE RANGE

1,550-1,650 sqft

Description

Federal Square is located at 1214 S Federal Street in Chicago. This mid-rise building has 10 units, which keeps things intimate for residents. Built in 1994, it features a blend of modern and classic designs that appeal to many buyers. The units range in size from 1,550 to 1,650 square feet. Available units are priced between $490,000 and $495,000. This gives a good idea of the investment needed in this area. The average closed price sits at $370,000, making it an interesting option for potential homeowners. Most units have either 1 or 2 bedrooms, while the layout provides good living space. This layout supports a comfortable lifestyle within the building. The park nearby offers residents outdoor space for relaxation and activities. Average days on the market is 73. This amount of time gives buyers a chance to think things over. Since this is a desirable location, the interest tends to be high. Nearby, there are various businesses that enhance the neighborhood. Donna's Cafe is a great spot for dining, while schools like Pedelty Enterprises and JTA Academy are just a short distance away. This adds to the community feel and can be appealing for families. Living at Federal Square brings a mix of convenience and charm. The combination of good amenities and local access creates a pleasant living environment. The building also enjoys the benefits of being close to local attractions, making it a notable place to call home.

Building ImageMLS ID #12024245
Building ImageMLS ID #11416721
Building Image
Building ImageView Listing

Federal Square

1214 S Federal Street, Chicago, IL, 60605

|Federal Square

YEAR BUILT

1994

# STORIES

# TOTAL UNITS

10

UNIT SIZE RANGE

1,550-1,650 sqft

Description

Federal Square is located at 1214 S Federal Street in Chicago. This mid-rise building has 10 units, which keeps things intimate for residents. Built in 1994, it features a blend of modern and classic designs that appeal to many buyers. The units range in size from 1,550 to 1,650 square feet. Available units are priced between $490,000 and $495,000. This gives a good idea of the investment needed in this area. The average closed price sits at $370,000, making it an interesting option for potential homeowners. Most units have either 1 or 2 bedrooms, while the layout provides good living space. This layout supports a comfortable lifestyle within the building. The park nearby offers residents outdoor space for relaxation and activities. Average days on the market is 73. This amount of time gives buyers a chance to think things over. Since this is a desirable location, the interest tends to be high. Nearby, there are various businesses that enhance the neighborhood. Donna's Cafe is a great spot for dining, while schools like Pedelty Enterprises and JTA Academy are just a short distance away. This adds to the community feel and can be appealing for families. Living at Federal Square brings a mix of convenience and charm. The combination of good amenities and local access creates a pleasant living environment. The building also enjoys the benefits of being close to local attractions, making it a notable place to call home.

Next

Description

Federal Square is located at 1214 S Federal Street in Chicago. This mid-rise building has 10 units, which keeps things intimate for residents. Built in 1994, it features a blend of modern and classic designs that appeal to many buyers. The units range in size from 1,550 to 1,650 square feet. Available units are priced between $490,000 and $495,000. This gives a good idea of the investment needed in this area. The average closed price sits at $370,000, making it an interesting option for potential homeowners. Most units have either 1 or 2 bedrooms, while the layout provides good living space. This layout supports a comfortable lifestyle within the building. The park nearby offers residents outdoor space for relaxation and activities. Average days on the market is 73. This amount of time gives buyers a chance to think things over. Since this is a desirable location, the interest tends to be high. Nearby, there are various businesses that enhance the neighborhood. Donna's Cafe is a great spot for dining, while schools like Pedelty Enterprises and JTA Academy are just a short distance away. This adds to the community feel and can be appealing for families. Living at Federal Square brings a mix of convenience and charm. The combination of good amenities and local access creates a pleasant living environment. The building also enjoys the benefits of being close to local attractions, making it a notable place to call home.

Federal Square Market Stats Last 12 months

Avg. Listed Price$399,000

Avg. Sale Price$370,000
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market73 days

Average HOA fees per sqft-
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market73 days

Average HOA fees per sqft-

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

Federal Square Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit AA-22492021-10-15
MLS#: 11202956
Closed$495,000
Unit EE-22862021-06-16
MLS#: 11028474
Closed$482,500
Unit BB-2212018-01-26
MLS#: 09841044
Closed$490,000
Unit A
A

2 Beds

2 Baths

0 sqft


DateStatusPrice
2021-10-15Closed$495,000
MLS#: 11202956
Days On Market49
Unit B
B

2 Beds

2 Baths

0 sqft


DateStatusPrice
2018-01-26Closed$490,000
MLS#: 09841044
Days On Market1
Unit E
E

2 Beds

2 Baths

0 sqft


DateStatusPrice
2021-06-16Closed$482,500
MLS#: 11028474
Days On Market86
View Complete Unit Listing HistorySource By: MRED

Amenities

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Balcony

Balcony

Policies

Pet Allowed
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)
Federal Square--
The Prairie Terrace Homes$346/sqft.$4 /sqft.
1328 S Federal St$346/sqft.$4 /sqft.
1169 South Plymouth Court Condominiums$240/sqft.$2 /sqft.
1169 S Plymouth Ct$248/sqft.$2 /sqft.
The Prairie Terrace Homes$343/sqft.$4 /sqft.

Nearby Schools

Discover top-rated schools located close to Federal Square.

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|0.09 miles away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|0.47 miles away

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|0.6 miles away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|0.65 miles away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|0.96 miles away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|0.97 miles away
Next

Schools

South Loop Elementary School

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

South Loop Montessori School

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

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|Less than 1 Mile Away

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

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|Less than 1 Mile Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.29 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.37 Miles Away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|1.38 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.47 Miles Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|1.48 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.50 Miles Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|1.51 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.58 Miles Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|1.59 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.59 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.62 Miles Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|1.64 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|1.64 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.66 Miles Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|1.68 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.72 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|2.01 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|2.02 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|2.06 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|2.10 Miles Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|2.16 Miles Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|2.18 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|2.19 Miles Away

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|2.22 Miles Away

Intercultural Montessori Language School

--
Private|Grades PK–8
114 S Racine Ave|2.23 Miles Away

Jackson a Elementary Language Academy

A+
Public|Grades KG–8
1340 W Harrison St|2.25 Miles Away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|2.27 Miles Away

Pilsen Elementary Community Academy

D
Public|Grades PK–8
1420 W 17th St|2.35 Miles Away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|2.35 Miles Away

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|2.37 Miles Away

STEM Magnet Academy Elementary School

A-
Public|Grades KG–8
1522 W Fillmore St|2.40 Miles Away

Crane Technical Preparatory High School

--
Public|Grades 12–12
|2.51 Miles Away

Urban Prairie

--
Private|Grades PK–8
1310 S Ashland Ave|2.54 Miles Away

Urban Prairie Waldorf School

--
Private|Grades PK–8
1310 S Ashland Ave|2.54 Miles Away

Young Magnet High School

A+
Public|Grades 7–12
211 S Laflin St|2.56 Miles Away

Montessori Academy of Chicago

--
Private|Grades PK–8
1335 W Randolph St|2.62 Miles Away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|2.64 Miles Away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|2.64 Miles Away

Simpson Academy High School for Young Women

--
Public|Grades 6–12
1321 S Paulina St|2.66 Miles Away

St Pius V School

--
Private|Grades PK–8
1919 S Ashland Ave|2.68 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

327 W Roosevelt

0.38 miles away|8 min walk

1440 S Indiana

0.65 miles away|13 min walk

1100 S Columbus (Pedestrian Underpass)

0.7 miles away|14 min walk

350 S. Clark Street (Chicago)

1 miles away|20 min walk

Archer & Dearborn

1 miles away|20 min walk

333 S Franklin Street (Chicago)

1.03 miles away|20 min walk
Next

Transit

327 W Roosevelt

0.38 miles away|8 min walk

1440 S Indiana

0.65 miles away|13 min walk

1100 S Columbus (Pedestrian Underpass)

0.7 miles away|14 min walk

350 S. Clark Street (Chicago)

1 miles away|20 min walk

Archer & Dearborn

1 miles away|20 min walk

333 S Franklin Street (Chicago)

1.03 miles away|20 min walk

18th St.

1.14 miles away|22 min walk

Adams & Clark

1.19 miles away|23 min walk

Adams & State

1.2 miles away|23 min walk

Adams & Wells

1.21 miles away|24 min walk

Adams/Wabash

1.22 miles away|24 min walk

Adams & Wabash

1.23 miles away|24 min walk

Adams & S. Wacker

1.26 miles away|25 min walk

900 W Taylor

1.31 miles away|26 min walk

Archer & Cermak/Princeton

1.31 miles away|26 min walk

900 W Roosevelt

1.33 miles away|26 min walk

Adams & Canal

1.34 miles away|26 min walk

18th Street & Halsted

1.39 miles away|27 min walk

900 W Harrison

1.49 miles away|29 min walk

18th Street & Peoria

1.5 miles away|29 min walk

Archer & Canal

1.54 miles away|30 min walk

18th Street & Sangamon

1.57 miles away|31 min walk

Archer & 23rd Place

1.67 miles away|33 min walk

Archer & Grove

1.7 miles away|33 min walk

AM Michigan & Randolph (Chicago)

1.71 miles away|33 min walk

Archer & Normal

1.75 miles away|34 min walk

18th Street & Carpenter

1.77 miles away|34 min walk

2300 S Halsted

1.85 miles away|36 min walk

25th Street & Michigan

1.88 miles away|36 min walk

18th Street & Racine

1.97 miles away|38 min walk

Archer & Lowe

1.98 miles away|38 min walk

26th Street & Indiana

2.03 miles away|39 min walk

320 N LaSalle

2.03 miles away|39 min walk

321 N LaSalle

2.04 miles away|39 min walk

26th Street & Prairie

2.06 miles away|40 min walk

26th Street & Normal

2.08 miles away|40 min walk

26th Street & King Drive

2.12 miles away|41 min walk

18th Street & Throop

2.13 miles away|41 min walk

Archer & Green

2.23 miles away|43 min walk

18th Street & Blue Island

2.27 miles away|44 min walk

2800 S King Drive

2.33 miles away|45 min walk

27th St.

2.4 miles away|46 min walk

18th Street & Laflin

2.45 miles away|47 min walk

530 W Grand

2.45 miles away|47 min walk

3000 S Michigan

2.47 miles away|48 min walk

3000 S Wentworth

2.49 miles away|48 min walk

18th Street & Ashland

2.61 miles away|50 min walk

3000 S King Drive

2.61 miles away|50 min walk

31st Street & Wells

2.64 miles away|51 min walk

31st Street & Michigan

2.67 miles away|52 min walk

The Neighbourhood: Federal Square

South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.

Next

Neighbourhood Description

South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.

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Federal Square Demographics

Age Demographics

0–14 Years

8.98%

15–29 Years

26.83%

30–44 Years

33.89%

45–59 Years

16.27%

60+ Years

14.03%

Commute

24.31%

Transit

17.13%

Walk

35.59%

Drive

2.2%

Bike

Housing Ownership

44.32%

Owner Occupied

55.68%

Rental Units

Household Types

Single Family
11.38%
Multi Family
0.93%
Single Person
52.56%
Multi Person
47.44%

Average Income

Household:$9,411,039.14 /yr

Individual:$7,886,080.83 /yr

Education

Bachelors Degree33.88%
High School College4.77%
Diploma3.98%
Post Graduate42.1%
Others15.27%
Next

Education

Diploma3.98%
Post Graduate42.1%
Others15.27%
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    Federal Square
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