Chicago, IL 60605,740 S Federal Street #902
Chicago, IL 60605,740 S Federal Street #902
Chicago, IL 60605,740 S Federal Street #902
37
$129,000
$130,000
0.8%
Est.Price: ?

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1 BA
658 SqFt

740 S Federal Street #902 Chicago, IL 60605

Est. payment /mo
SOLD DATE : 06/09/2023

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Key Details

Sold Price $129,000

Property Type Condo

Sub Type Condo,High Rise (7+ Stories),Studio

Listing Status Sold

Purchase Type For Sale

Square Footage 658 sqft

Price per Sqft $196

Subdivision Printers Square

MLS Listing ID 11791268

Sold Date 06/09/23

Full Baths 1

HOA Fees $482/mo

Year Built 1910

Annual Tax Amount $2,815

Tax Year 2021

Lot Dimensions COMMON

Property Description

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.

Location

State IL

County Cook

Rooms

Basement None

Interior

Interior Features Wood Laminate Floors, First Floor Full Bath, Storage, Walk-In Closet(s), Open Floorplan, Some Window Treatmnt, Dining Combo, Drapes/Blinds, Health Facilities, Lobby

Heating Electric

Cooling Central Air, Electric

Fireplace N

Appliance Range, Dishwasher, Refrigerator, Range Hood

Laundry Common Area

Exterior

Exterior Feature Cable Access

Garage Attached

Garage Spaces 2.0

View Y/N true

Building

Sewer Public Sewer, Sewer-Storm

Water Lake Michigan, Public

New Construction false

Schools

Elementary Schools South Loop Elementary School

Middle Schools South Loop Elementary School

School District 299, 299, 299

Others

Pets Allowed Cats OK, Dogs OK, Number Limit

HOA Fee Include Water, Insurance, Security, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Ownership Condo

Special Listing Condition None

Read Less


Listed by Margie Smigel • The Margie Smigel Group, LLC
Bought with Noah Robinson • eXp Realty, LLC

GET MORE INFORMATION

Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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