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  1. Home/
  2. Chicago, IL/
  3. 740 S Federal Street

740 S Federal Street

740 S Federal Street, Chicago, IL, 60605

0 Units for Sale

Front view of a multi-story commercial building with numerous windows and entrance canopy.View Listing
MLS ID #12305476
Front view of a multi-story commercial building with numerous windows and entrance canopy.View ListingMLS ID #12305476
Front view of a multi-story building with blue awnings.View ListingMLS ID #12294956
Interior view of a gym with various exercise machines and equipment.View ListingMLS ID #12294956
Placeholder
YearBuilt

Year Built

1912

Stories

# Stories

12

#TotalUnits

# Total Units

128
UnitSizeRange

Unit Size Range

1,450-1,550 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About 740 S Federal Street

Positioned at 740 S Federal Street, Chicago, IL, 740 S Federal Street is a 12-story historical building completed in 1912. This classic structure offers a range of residential and commercial spaces, blending early 20th-century architectural design with modern amenities. The building showcases timeless features such as ornate detailing and traditional brickwork, embodying the charm of its era. Residents and tenants benefit from convenient amenities including secure access, on-site laundry facilities, and dedicated parking options. The building caters to urban lifestyles with its functional layouts and proximity to a variety of services and transportation links. Situated within the vibrant 60605 Zip Code, 740 S Federal Street's location offers easy access to a multitude of cultural, educational, and recreational facilities. Whether you are commuting for work or exploring the city's rich history and entertainment options, the surrounding environment is filled with dynamic opportunities. Although not directly waterfront, the building is strategically positioned to take advantage of Chicago's bustling downtown atmosphere. Its rich history and enduring architectural appeal make it a distinct presence in the area's urban landscape.

Front view of a multi-story commercial building with numerous windows and entrance canopy.View Listing
MLS ID #12305476
Front view of a multi-story commercial building with numerous windows and entrance canopy.View ListingMLS ID #12305476
Front view of a multi-story building with blue awnings.View ListingMLS ID #12294956
Interior view of a gym with various exercise machines and equipment.View ListingMLS ID #12294956
Placeholder

Amenities

Now, what’s a great condo without some fantastic amenities? At 740 S Federal Street, you'll find an exercise room for your fitness goals, a business center perfect for remote work, and even a health club to help you stay active. There’s also a laundry facility and private laundry hookups, which is super handy. Other features include convenient valet service, bike storage, and a receiving room. Imagine enjoying these perks while living just moments away from all that downtown Chicago has to offer!

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPool
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

If you’re a pet lover, you’ll be happy to know that both dogs and cats are allowed here, though there are some size limits and additional pet rent may apply. Guests and family are welcome to visit, but there may be a limit on the number of residents, and a deposit is required when renting a unit. These policies help maintain a lovely living environment for everyone.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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740 S Federal Street Market Report (last 12 months)

Avg. List Price
$245,317 ($247/Sqft.)
Year-Over-Year List Price
Up Arrow 32.79%
Total Listings
Listings6
Avg. Days On Market
Calendar94
Avg. Sale Price
$208,750 ($218/Sqft.)
Year-Over-Year Sale Price
Up Arrow 10.60%
Total Sold
Sold4
Avg. HOA Fees/Sqft
$2 /monthly
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Living in 740 S Federal Street

Condo Living at 740 S Federal Street, located at 740 S FEDERAL STREET, CHICAGO, IL:

Are you considering your first home? If so, the vibrant 740 S Federal Street may be just the place for you! This charming condo building, constructed in 1912, boasts twelve stories of potential living spaces that blend history with modern conveniences. With a total of 128 units, there's a special feeling of community that makes this building truly unique. Plus, if you’ve picturing life in the city, the location couldn’t be better — urban excitement just around every corner.

Building Features and Unit Availability:

When it comes to possibilities, 740 S Federal Street has a low availability of units, but that only adds to the desirability! Units typically range from 1,450 to 1,550 square feet, giving you ample space for comfortable living. At an average closed price of $181,000, the price per square foot comes in at about $210. So, it’s a great option if you’re looking for a starter home that fits within a reasonable budget.

Life at 740 S Federal Street:

Living at 740 S Federal Street means immersing yourself in a lively community filled with diverse residents. The demographics reveal that a large chunk of the neighborhood, over 22%, consists of young adults aged 25 to 29. This youthful energy fosters a vibrant atmosphere where connections and friendships can easily blossom!

  1. Home/
  2. Chicago, IL/
  3. 740 S Federal Street
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