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740 S Federal Street #902 Chicago, IL 60605
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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
Waterfront false
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
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Noah Robinson • eXp Realty, LLC