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$2,000

  • For Rent
  • Active
  • Rental
  • 1 Bed
  • 1 Full Bath
  • 800 Sq. Ft.
  • Pets Allowed (Yes)
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740 S Federal St Unit 506 - a spacious 1 bed, 1 bath rental perfectly located in the heart of Chicago's South Loop, just steps from LaSalle Dr. This bright unit features an open-concept living area, a comfortable bedroom with ample closet space, and a full bath. The kitchen flows easily into the living room, making the space ideal for both relaxing and entertaining. Residents enjoy a secure, professionally managed building with on-site laundry and easy access to everything the neighborhood has to offer. You'll be moments from public transportation, Grant Park, restaurants, shopping, and Chicago's cultural landmarks. Perfect for anyone looking to enjoy a vibrant city lifestyle with unbeatable convenience.

Full Property Details for 740 S Federal St #506

General

  • Rent: $2,000
  • Status: Active
  • Type: Rental
  • Source: MRED
  • MLS ID: 12480688
  • Updated: 10/14/2025
  • Added to Site: 115 day(s) ago

Rental Information

  • Lease Includes: Heat, Water, Scavenger, Internet
  • Date Available: 10/1/2025

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Location

  • Area: CHI - Loop
  • County: Cook
  • Township: South Chicago
  • Driving Directions: Start on LaSalle Dr. and head east to Federal St. Turn south down federal St. and go two blocks.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Pets Allowed: Yes
  • Pets: Number Limit
  • Pet Restrictions: Number Limit

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Entry Floor Number: 5
  • Stories/Levels: 12
  • Square Feet: 800
  • Sq. Ft. Source: Estimated
  • Year Built: 1910
  • Built Before 1978: Yes

Lot Features

  • Lot Dimensions: Common

Animals

  • Animals Allowed: Number Limit

Financial Considerations

  • Lease Price: $2,000
  • Assessment Year: 1910
  • Pays Sewer: Public Sewer

Listed by Compass

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Price History for 740 S Federal St #506 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/08/2025
Price Reduced
$2,000
-4.76%
MLS
9/25/2025
Listed
$2,100
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass

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740 S Federal Street #506, Chicago, IL 60605 (MLS# 12480688) is a Rental property with 1 bedroom and 1 full bathroom. 740 S Federal Street #506 is currently listed for rent at $2,000 and was received on September 25, 2025. Want to learn more about 740 S Federal Street #506? Do you have questions about finding other real estate for sale or rent in The Loop? You can browse all The Loop rentals or contact a Coldwell Banker agent to request more information.

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