Year Built
1994
# Stories
-
# Total Units
10Unit Size Range
1,550-1,650 sqft
Unit Demand
Low
Unit Availability
Low
Federal Square is located at 1214 S Federal Street in Chicago. This mid-rise building has 10 units, which keeps things intimate for residents. Built in 1994, it features a blend of modern and classic designs that appeal to many buyers. The units range in size from 1,550 to 1,650 square feet. Available units are priced between $490,000 and $495,000. This gives a good idea of the investment needed in this area. The average closed price sits at $370,000, making it an interesting option for potential homeowners. Most units have either 1 or 2 bedrooms, while the layout provides good living space. This layout supports a comfortable lifestyle within the building. The park nearby offers residents outdoor space for relaxation and activities. Average days on the market is 73. This amount of time gives buyers a chance to think things over. Since this is a desirable location, the interest tends to be high. Nearby, there are various businesses that enhance the neighborhood. Donna's Cafe is a great spot for dining, while schools like Pedelty Enterprises and JTA Academy are just a short distance away. This adds to the community feel and can be appealing for families. Living at Federal Square brings a mix of convenience and charm. The combination of good amenities and local access creates a pleasant living environment. The building also enjoys the benefits of being close to local attractions, making it a notable place to call home.
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| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
| A | - | 2 | 2 | 49 | 2021-10-15 MLS#: 11202956 | Closed | $495,000 | |
| E | - | 2 | 2 | 86 | 2021-06-16 MLS#: 11028474 | Closed | $482,500 | |
| B | - | 2 | 2 | 1 | 2018-01-26 MLS#: 09841044 | Closed | $490,000 |

2 Beds
2 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2021-10-15 | Closed | $495,000 |

2 Beds
2 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2018-01-26 | Closed | $490,000 |

2 Beds
2 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2021-06-16 | Closed | $482,500 |
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| Federal Square | - | - |
| The Prairie Terrace Homes | $346/sqft. | $4 /sqft. |
| 1328 S Federal St | $346/sqft. | $4 /sqft. |
| 1169 South Plymouth Court Condominiums | $240/sqft. | $2 /sqft. |
| 1169 S Plymouth Ct | $248/sqft. | $2 /sqft. |
| The Prairie Terrace Homes | $343/sqft. | $4 /sqft. |
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.
AVERAGE RESIDENT AGE
39 years old
AVERAGE HOUSEHOLD INCOME
$86,323/year
AVERAGE HOUSEHOLD COMPOSITION
2 People
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142