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  5. 640 S Federal Street
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640 S Federal Street

640 S Federal Street, Chicago, IL, 60605

YEAR BUILT

1912

# STORIES

8

# TOTAL UNITS

31

UNIT SIZE RANGE

1,450-1,550 sqft

Description

The building at 640 S Federal Street stands tall with 8 stories and includes 31 units. Built in 1912, it features a high-rise design that offers a range of living options. The units vary in size from 1,450 to 1,550 square feet. This offers space for different lifestyles. Prices for the units range from $305,000 to $307,000. The average closed price in the last 12 months came out to $178,350 which makes it clear that the market remains active. The average days on market is around 73 days. This gives buyers some time to explore their choices before making a decision. The amenities provide added value to residents. Features include laundry facilities, valet services, and exercise rooms. There are also business centers and security lighting for safety. These amenities create a comfortable living environment for everyone. Nearby, residents can find places like Amarit Thai Restaurant and Trattoria Caterina for dining. The Industrial Areas Foundation serves the local community as a school as well. This allows for a mixture of dining and education options in the neighborhood. Living here offers easy access to major roads. The building is close to Lake Michigan as well, providing a nice spot for outdoor activities. The combination of location and amenities makes this building a notable place to consider for new homeowners.

Building ImageMLS ID #12298370
Building ImageMLS ID #12135988
Building Image
Building ImageView Listing

640 S Federal Street

640 S Federal Street, Chicago, IL, 60605

YEAR BUILT

1912

# STORIES

8

# TOTAL UNITS

31

UNIT SIZE RANGE

1,450-1,550 sqft

Description

The building at 640 S Federal Street stands tall with 8 stories and includes 31 units. Built in 1912, it features a high-rise design that offers a range of living options. The units vary in size from 1,450 to 1,550 square feet. This offers space for different lifestyles. Prices for the units range from $305,000 to $307,000. The average closed price in the last 12 months came out to $178,350 which makes it clear that the market remains active. The average days on market is around 73 days. This gives buyers some time to explore their choices before making a decision. The amenities provide added value to residents. Features include laundry facilities, valet services, and exercise rooms. There are also business centers and security lighting for safety. These amenities create a comfortable living environment for everyone. Nearby, residents can find places like Amarit Thai Restaurant and Trattoria Caterina for dining. The Industrial Areas Foundation serves the local community as a school as well. This allows for a mixture of dining and education options in the neighborhood. Living here offers easy access to major roads. The building is close to Lake Michigan as well, providing a nice spot for outdoor activities. The combination of location and amenities makes this building a notable place to consider for new homeowners.

Next

Description

The building at 640 S Federal Street stands tall with 8 stories and includes 31 units. Built in 1912, it features a high-rise design that offers a range of living options. The units vary in size from 1,450 to 1,550 square feet. This offers space for different lifestyles. Prices for the units range from $305,000 to $307,000. The average closed price in the last 12 months came out to $178,350 which makes it clear that the market remains active. The average days on market is around 73 days. This gives buyers some time to explore their choices before making a decision. The amenities provide added value to residents. Features include laundry facilities, valet services, and exercise rooms. There are also business centers and security lighting for safety. These amenities create a comfortable living environment for everyone. Nearby, residents can find places like Amarit Thai Restaurant and Trattoria Caterina for dining. The Industrial Areas Foundation serves the local community as a school as well. This allows for a mixture of dining and education options in the neighborhood. Living here offers easy access to major roads. The building is close to Lake Michigan as well, providing a nice spot for outdoor activities. The combination of location and amenities makes this building a notable place to consider for new homeowners.

640 S Federal Street Market Stats Last 12 months

Avg. Listed Price$209,000
Avg. Sale Price$178,350
Year over year list priceUp Arrow35.77%
Year over year sale priceUp Arrow 17.72%
Total Listings1 Listed
Total sold2 Sold
Average Days on Market73 days
Average HOA fees per sqft-
Next

Market Stats

Year over year list priceUp Arrow35.77%
Year over year sale priceUp Arrow17.72%
Total Listings1 Listed
Total sold2 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

640 S Federal Street Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 402402120022572023-10-20
MLS#: 11863958 		Closed$282,500
Unit 4014011433222322007-06-28
MLS#: 06334846 		Closed$305,000
Unit 701701143322492007-05-18
MLS#: 06460051 		Closed$307,000
Unit 401
401

2 Beds

2 Baths

1433 sqft

DateStatusPrice
2007-06-28Closed$305,000
MLS#: 06334846
Days On Market232
Unit 402
402

2 Beds

2 Baths

1200 sqft

DateStatusPrice
2023-10-20Closed$282,500
MLS#: 11863958
Days On Market57
Unit 701
701

2 Beds

2 Baths

1433 sqft

DateStatusPrice
2007-05-18Closed$307,000
MLS#: 06460051
Days On Market49
View Complete Unit Listing HistorySource By: MRED

Amenities

Imagine coming home after a long day to a building that offers you an array of enticing amenities. At 640 S Federal Street, you'll have access to an exercise room where you can stay active or unwind in the business center—all without leaving your building. The added convenience of a restaurant on-site means you can indulge your taste buds whenever hunger strikes. Security lighting and intercom systems keep things safe, while conveniences like laundry facilities, a bike room for your cycling adventures, and a commissary save you time and effort as you settle into your new lifestyle.

Next

Amenities Description

Imagine coming home after a long day to a building that offers you an array of enticing amenities. At 640 S Federal Street, you'll have access to an exercise room where you can stay active or unwind in the business center—all without leaving your building. The added convenience of a restaurant on-site means you can indulge your taste buds whenever hunger strikes. Security lighting and intercom systems keep things safe, while conveniences like laundry facilities, a bike room for your cycling adventures, and a commissary save you time and effort as you settle into your new lifestyle.

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

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Security Lighting

Security Lighting

Laundry

Laundry

Coin Laundry

Coin Laundry

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Business Center

Business Center

Restaurant

Restaurant

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Valet

Valet

Policies

For pet lovers, you’ll be glad to hear that 640 S Federal Street accommodates furry friends with policies that allow cats and dogs, although owners should be mindful of size limits and additional pet rent. Having rules like a number limit ensures that the building remains a harmonious community for everyone, allowing you to create the home you're excited about while adhering to community guidelines.

Next

Amenities Description

For pet lovers, you’ll be glad to hear that 640 S Federal Street accommodates furry friends with policies that allow cats and dogs, although owners should be mindful of size limits and additional pet rent. Having rules like a number limit ensures that the building remains a harmonious community for everyone, allowing you to create the home you're excited about while adhering to community guidelines.

Pet Allowed
Check
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)
640 S Federal Street--
640 S Federal St$224/sqft.$2 /sqft.
680 S Federal Street$246/sqft.$2 /sqft.
680 S Federal St$237/sqft.$2 /sqft.
600 S Dearborn St$267/sqft.$3 /sqft.
The Transportation Building$267/sqft.$3 /sqft.

Nearby Schools

640 S Federal Street is located near 40+ schools throughout Chicago. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|0.1 miles away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|0.14 miles away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|0.29 miles away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|0.48 miles away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|0.49 miles away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|0.62 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

640 S Federal Street is located near 40+ schools throughout Chicago. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|Less than 1 Mile Away

South Loop Montessori School

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

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|Less than 1 Mile Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|Less than 1 Mile Away

South Loop Elementary School

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

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|Less than 1 Mile Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|Less than 1 Mile Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|Less than 1 Mile Away

Daystar Academy

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

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|1.07 Miles Away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|1.20 Miles Away

Galileo Elementary Math & Science Schol Acd

B
Public|Grades KG–8
820 S Carpenter St|1.24 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|1.30 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.35 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.39 Miles Away

Intercultural Montessori Language School

--
Private|Grades PK–8
114 S Racine Ave|1.47 Miles Away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|1.51 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.52 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.56 Miles Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|1.58 Miles Away

Jackson a Elementary Language Academy

A+
Public|Grades KG–8
1340 W Harrison St|1.60 Miles Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|1.60 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.61 Miles Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|1.66 Miles Away

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|1.69 Miles Away

Chicago Technology Academy High School

B
Public|Grades 9–12
1301 W 14th St|1.69 Miles Away

Montessori Academy of Chicago

--
Private|Grades PK–8
1335 W Randolph St|1.72 Miles Away

Devry Advantage Academy High School

A+
Public|Grades 11–12
1900 W Lawrence Av...|1.73 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|1.74 Miles Away

Young Magnet High School

A+
Public|Grades 7–12
211 S Laflin St|1.77 Miles Away

STEM Magnet Academy Elementary School

A-
Public|Grades KG–8
1522 W Fillmore St|1.83 Miles Away

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|1.83 Miles Away

Crane Technical Preparatory High School

--
Public|Grades 12–12
|1.85 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|1.92 Miles Away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|1.94 Miles Away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|1.95 Miles Away

Pilsen Elementary Community Academy

D
Public|Grades PK–8
1420 W 17th St|1.97 Miles Away

Urban Prairie

--
Private|Grades PK–8
1310 S Ashland Ave|2.00 Miles Away

Urban Prairie Waldorf School

--
Private|Grades PK–8
1310 S Ashland Ave|2.00 Miles Away

Immaculate Conception School

--
Private|Grades PK–8
363 W Hill St|2.00 Miles Away

Transit

With nearby public transportation, 640 S Federal Street offers strong connectivity across Chicago. Access to Bus, Rail, Metro within a 2-mile radius supports efficient commuting. Reliable transit routes improve travel convenience for residents. This location provides practical urban accessibility.

1100 S Columbus (Pedestrian Underpass)

0.56 miles away|11 min walk

1440 S Indiana

0.85 miles away|17 min walk

18th St.

1.22 miles away|24 min walk

18th Street & Blue Island

1.93 miles away|38 min walk

18th Street & Carpenter

1.61 miles away|31 min walk

18th Street & Halsted

1.38 miles away|27 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

With nearby public transportation, 640 S Federal Street offers strong connectivity across Chicago. Access to Bus, Rail, Metro within a 2-mile radius supports efficient commuting. Reliable transit routes improve travel convenience for residents. This location provides practical urban accessibility.

1100 S Columbus (Pedestrian Underpass)

0.56 miles away|11 min walk

1440 S Indiana

0.85 miles away|17 min walk

18th St.

1.22 miles away|24 min walk

18th Street & Blue Island

1.93 miles away|38 min walk

18th Street & Carpenter

1.61 miles away|31 min walk

18th Street & Halsted

1.38 miles away|27 min walk

18th Street & Peoria

1.44 miles away|28 min walk

18th Street & Racine

1.74 miles away|34 min walk

18th Street & Sangamon

1.49 miles away|29 min walk

18th Street & Throop

1.84 miles away|36 min walk

2300 S Halsted

1.79 miles away|35 min walk

25th Street & Michigan

1.86 miles away|36 min walk

26th Street & Indiana

1.97 miles away|38 min walk

26th Street & Prairie

1.99 miles away|39 min walk

320 N LaSalle

1.03 miles away|20 min walk

321 N LaSalle

1.03 miles away|20 min walk

327 W Roosevelt

0.52 miles away|11 min walk

333 S Franklin Street (Chicago)

0.36 miles away|7 min walk

350 S. Clark Street (Chicago)

0.26 miles away|6 min walk

530 W Grand

1.39 miles away|27 min walk

700 W Chicago

1.77 miles away|35 min walk

900 W Harrison

0.99 miles away|20 min walk

900 W Roosevelt

1.1 miles away|22 min walk

900 W Taylor

1.01 miles away|20 min walk

Adams & Canal

0.63 miles away|13 min walk

Adams & Clark

0.4 miles away|8 min walk

Adams & State

0.41 miles away|8 min walk

Adams & S. Wacker

0.52 miles away|11 min walk

Adams & Wabash

0.46 miles away|9 min walk

Adams/Wabash

0.45 miles away|9 min walk

Adams & Wells

0.45 miles away|9 min walk

AM Michigan & Randolph (Chicago)

0.8 miles away|16 min walk

Archer & 23rd Place

1.7 miles away|33 min walk

Archer & Canal

1.61 miles away|31 min walk

Archer & Cermak/Princeton

1.45 miles away|28 min walk

Archer & Dearborn

1.23 miles away|24 min walk

Archer & Grove

1.72 miles away|34 min walk

Archer & Lowe

1.91 miles away|37 min walk

Archer & Normal

1.75 miles away|34 min walk

Archer & Red Line Station

1.33 miles away|26 min walk

Archer & Wallace

1.82 miles away|35 min walk

Archer & Wentworth

1.33 miles away|26 min walk

Ashland & Adams

1.93 miles away|37 min walk

Ashland & Harrison

1.89 miles away|37 min walk

Ashland & Jackson

1.92 miles away|37 min walk

Ashland & Madison

1.97 miles away|38 min walk

Ashland & Polk

1.89 miles away|37 min walk

Ashland & Roosevelt

1.94 miles away|38 min walk

Ashland & Taylor

1.9 miles away|37 min walk

Ashland & Van Buren

1.9 miles away|37 min walk

The Neighbourhood: South Loop / Near South Side

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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640 S Federal Street Demographics

Age Demographics

0–14 Years

7.38%

15–29 Years

31.05%

30–44 Years

35.51%

45–59 Years

14.24%

60+ Years

11.82%

Commute

20.37%

Transit

26.26%

Walk

29.35%

Drive

1.54%

Bike

Housing Ownership

40.45%

Owner Occupied

59.55%

Rental Units

Household Types

Single Family
9.7%
Multi Family
0.8%
Single Person
52.83%
Multi Person
47.17%

Average Income

Household:$10,847,672.09 /yr

Individual:$9,058,091.71 /yr

Education

Bachelors Degree36.27%
High School College4.03%
Diploma3.93%
Post Graduate44.05%
Others11.72%
Next

Education

Diploma3.93%
Post Graduate44.05%
Others11.72%
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    640 S Federal Street
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