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$244,900
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Property Description
Welcome to 640 S. Federal Street #702, a hidden gem in the heart of Printers Row! With 2 large bedrooms and 2 full bathrooms, this condo offers 1,200 sq. ft. of potential, acting as a blank canvas ready for your personal touch. While the unit is ripe for updates, it already boasts large, east-facing windows that flood the space with natural light and offer a beautiful view of the city and park located just across the street. The condo has a seamless layout that enhances the feeling of space and connectivity throughout. Though parking isn't included, options are available nearby at LAZ Parking. The location is unbeatable- just moments from major highways, Michigan Avenue, Grant Park, The Art Institute, and more. With everything at your doorstep, this condo is perfect for those looking to embrace the vibrant life of Chicago.
Full Property Details
Full Property Details for 640 S Federal St #702
General
- Price: $244,900
- HOA FEE: $911/month
- Taxes: $4,015 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12543495
- Updated: 2/17/2026
- Added to Site: 9 day(s) ago
Interior
- Basement: None
- Interior Features: Storage, Walk-In Closet(s)
- Appliances: Range, Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
Location
- Area: CHI - Loop
- County: Cook
- Township: South Chicago
- Subdivision: Printers Square
- Driving Directions: Harrison to Federal. South on Federal to 640. Meter parking available on Federal
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Water, Insurance, Security, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other, Internet
- Pets Allowed: Yes
- Pets: Dogs OK, Number Limit, Size Limit
- Pet Restrictions: Dogs OK, Number Limit, Size Limit, / 100lbs.
- Mgmt. Company: Printers Square Condo Association
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 7
- Stories/Levels: 8
- Square Feet: 1,200
- Sq. Ft. Source: Estimated
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units in Building: 355
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Dogs OK, Number Limit, Size Limit
Financial Considerations
- Association Fee: $911
- Assoc Fee Freq.: Monthly
- Assessment Year: 1920
- Tax Amount: $4,015
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17164050971032
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Schools
Schools serving 640 S Federal St #702
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.5 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 640 S Federal St #702
Date
Details
Price
Change
Source
2/11/2026
Listed
$244,900
2.25%
MLS
2/03/2006
Sold
$239,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 640 S Federal St #702
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,015
4%
$24,998
—
2022
$3,875
1%
$24,998
—
2021
$3,821
10%
$24,998
18%
2020
$3,460
2%
$21,117
-8%
2019
$3,381
2%
$23,000
—
2018
$3,322
39%
$23,000
34%
2017
$2,391
-7%
$17,181
—
2016
$2,584
-18%
$17,181
—
2015
$3,148
10%
$17,181
11%
2014
$2,870
44%
$15,467
—
2013
$1,993
-14%
$15,467
—
2012
$2,328
—
$15,467
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 640 S Federal St #702
640 S Federal Street #702, Chicago, IL 60605 (MLS# 12543495) is a Condo property with 2 bedrooms and 2 full bathrooms. 640 S Federal Street #702 is currently listed for $244,900 and was received on February 11, 2026. Want to learn more about 640 S Federal Street #702? Do you have questions about finding other Condo real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.

