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$130,000
11 Days Online

740 S Federal Street #902
Chicago, IL 60605

For Sale|Condo|Active Under Contract
0
Beds
1
Full Bath
0
Partial Baths
658
SqFt
$198
/SqFt
1910
Built
Subdivision:
Printers Square
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of The Margie Smigel Group, LLC 312-953-1466
Call Now: 312-767-7744
Is this the home for you? We can help make it yours.
312-767-7744
740 S Federal Street740 S Federal Street740 S Federal Street740 S Federal Street
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This terrific studio makes a great place to land in the city. Just south of the Loop, close to the Lake, easy walking/rolling/biking/transit and access to the Drive and all of the expressways, it's the perfect location to get anywhere you want to be. Just walk out the door, and you are surrounded by restaurants, taverns, shops and services. It's a walker's (99), transit rider's (100) and biker's (89) Paradise. The building has an exercise facility open 24/7 and a laundry on the first floor. Below is a huge parking garage spanning two blocks with rental spaces. The condo itself is on a high floor, so it gets plenty of reflected light from the building next door. Gleaming manufactured wood floors extend throughout the unit. The bathroom was fully renovated with porcelain tiled walls extending to the ceiling in the toilet/tub room which is separate from vanity with a stone countertop and undermounted sink set into a roomy cabinet. The kitchen dates from the original conversion with an oven/range and newer refrigerator and dishwasher. Recessed lighting is in the main room and track lighting is in the long hallway. There are three big closets: the walk-in near the bath, a long closet in the entry foyer and a utility closet with the newer hot water heater and the HVAC system. It has plenty of extra storage space in that closet as well. A pantry closet is in the kitchen with floor to ceiling shelves. Many Universities and schools are close by: Columbia College, Roosevelt University, DePaul University downtown campus, University of Illinois Law School, the Art Institute School and others. It's also easy to hop an express bus to the University of Chicago to the south. The Riverwalk has opened from Harrison to Polk, and the city is working on extending Wells St under the Roosevelt Bridge to connect this neighborhood with Chinatown. The seller will pay the special assessment which paid for the redecorating of the interior corridors, facade repairs and a complete renovation of the fitness center so all of the machines should be up to date. With rents skyrocketing in the city, at this price, you can live at a lower monthly cost and not worry about ever increasing rent hikes. You need to live in your unit for 2 full years before renting it, but after that, renting is just fine.

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Listing Snapshot
Price 
$130,000
Days Online 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
658 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1910
MLS Number 
11791268
Status 
Active Under Contract
Property Tax 
$2,815
HOA/Condo/Coop Fees 
$482 monthly
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoStatus changed to Active Under Contract
2 weeks agoListing first seen online
General Features
Sewer 
Public SewerSewer- Storm
Basement 
None
Number of Stories 
12
Water 
PublicLake Michigan
Garage Spaces 
2
General Information 
Commuter BusCommuter TrainHistorical District
Garage 
Attached
Rooms Total 
3
Type Attached 
CondoHigh Rise (7+ Stories)Studio
Interior Features
Cooling 
Central AirElectric
Heating 
Electric
Appliances 
RangeDishwasherRefrigeratorRange Hood
Interior 
Wood Laminate FloorsFirst Floor Full BathStorageWalk-In Closet(s)Open FloorplanSome Window TreatmntDining ComboDrapes/BlindsHealth FacilitiesLobby
Laundry Features 
Common Area
Room Types 
FoyerUtility Room-1st FloorWalk In Closet
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Exterior Features
Waterfront Property 
No
Exterior 
Cable Access
Community Features
Association Dues 
482
Pets 
Cats O KDogs O KNumber Limit
Township 
South Chicago
MLS Area 
CHI - Loop
Association Fee Includes 
WaterInsuranceSecurityTV/CableExercise FacilitiesExterior MaintenanceLawn CareScavengerSnow RemovalInternet
Pet Information 
Cats OKDogs OKNumber Limit
Schools
School District
299
Elementary School
South Loop Elementary School
Middle School
South Loop Elementary School
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of The Margie Smigel Group, LLC 312-953-1466



Based on information submitted to the MLS GRID as of 2023-06-05 02:45 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2023-06-05 02:45 AM UTC
MRED DMCA Copyright Information Copyright © 2023 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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