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640 South Federal Street

640 South Federal Street, Chicago, IL 60605
1 Units For Sale
Unit for sale at 640 S Federal Street, Chicago, IL 60605

$162,000

  • Studio
  • 1 Bath
  • 600 ft²
640 S Federal Street #807, Chicago, IL 60605 Listing by Terrie Whittaker

640 South Federal Street is a condo located in Printer's Row, Chicago. The building was first built in 1910 and is 114 years old.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 12 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 146 days and tend to sell below the original asking price of $119,000 by 8.73%. Meaning, listings tend to sell at a median of $235 price per square foot. The transaction that took the longest to complete was unit 505, listed on Apr 12, 2019 for $199,900. This particular unit ultimately sold 202 days later for $178,500. The most recent transaction was for unit 409, which was first advertised on Dec 29, 2020, sold for $115,000 on Apr 12, 2021. Fun fact, the oldest transaction we have on record took place on Feb 17, 2006. See the full transaction history for 640 South Federal Street below.

Printer's Row, where 640 South Federal Street is located, has a median asking price of $579,000 for condo buildings. Meanwhile, the building itself has a median asking price of $119,000. For interested buyers, that means the building's median asking price is around 0.79% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $162,000. It is a 600 sqft studio-bedroom and 1-bathroom unit.

Building Features

Exterior

Brick Exterior
Glass Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

12 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230824 Unit 402
08/24/2023
402
2 Bed
2 Bath
1200 ft²
$289,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
Jacob Reiner
Redfin Corporation
20230505 Unit 803
05/05/2023
803
Studio
1 Bath
600 ft²
$137,000
bedrooms
Studio
bathrooms
1 Bath
square feet
600 ft²
-
-
-
Sara McCarthy
Keller Williams ONEChicago
20220906 Unit 706
09/06/2022
706
1 Bed
1 Bath
584 ft²
$180,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
584 ft²
-
-
-
George Ayling
Select a Fee RE System
20211021 Unit 608
10/21/2021
608
1 Bed
1 Bath
956 ft²
$250,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
956 ft²
-
-
-
Lisa Rudisel
Jameson Sotheby's Intl Realty
20201204 Unit 708
12/04/2020
708
1 Bed
1 Bath
-
$234,800
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20201229 Unit 409
12/29/2020
409
Studio
1 Bath
505 ft²
$118,500
bedrooms
Studio
bathrooms
1 Bath
square feet
505 ft²
$115,000 -2.95%
04/12/2021
-
Donna Betsanes
20201216 Unit 506
12/16/2020
506
1 Bed
1 Bath
-
$208,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20200613 Unit 709
06/13/2020
709
Studio
1 Bath
505 ft²
$124,900
bedrooms
Studio
bathrooms
1 Bath
square feet
505 ft²
$114,000 -8.73%
11/06/2020
Joe Zimmerman
20200129 Unit 509
01/29/2020
509
Studio
1 Bath
505 ft²
$129,900
bedrooms
Studio
bathrooms
1 Bath
square feet
505 ft²
-
-
-
-
20191022 Unit 807
10/22/2019
807
Studio
1 Bath
578 ft²
$149,900
bedrooms
Studio
bathrooms
1 Bath
square feet
578 ft²
-
-
-
-
20190923 Unit 504
09/23/2019
504
Studio
1 Bath
-
$147,000
bedrooms
Studio
bathrooms
1 Bath
-
-
-
-
20190412 Unit 505
04/12/2019
505
1 Bed
1 Bath
-
$199,900
bedrooms
1 Bed
bathrooms
1 Bath
$178,500 -10.71%
10/31/2019
Carmen Allen

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 0
  • Living Units: 50
  • Business/Commerical Units Count: 50
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,004
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: THE PRINTERS SQUARE CONDOMINIUM
  • Land Acres: 0.23
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : FEDERAL HOME LOAN MORTGAGE CORP
  • Previous Owner : HERRERA ORTEGA ORALIA
  • Owner Before Previous Owner: PAULETT JOHN M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 839000

Zoning

  • Zoning: DX-12

Geography

  • District: 76
  • Parcel: 17-16-405-048-0000
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8737
  • Longitude: -87.6299

    Address

  • Full Address: 640 S Federal St
  • Address - House Number: 640
  • Street Direction: S
  • Address - Street Name: Federal
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C024
  • 4-Digit Zip Code: 1843
  • Zip Code: 60605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $474,136
  • Tax Rate Code Area: 76002

    Market Valuation

  • Market Total Value: $11,627,860
  • Market Land Value: $226,692
  • Market Improvement Value: $11,401,168

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,906,965
  • Assessed Land Value: $56,673
  • Assessed Improvements Value: $2,850,292

    Sales

  • Current Sale Contract Date: May 26, 2011
  • Current Sale Recording Date: May 31, 2011
  • Current Sale Transaction ID: 1094475870
  • Current Sale Document Type: Legal Action/Court Order
  • Current Sale Input Document Number: 1115112122
  • Previous Sale Recording Date: Jun 05, 2007
  • Previous Sale Contract Date: May 23, 2007
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jun 05, 2007
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 01, 2037

About Central Chicago



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Frequently Asked Questions

What neighborhood is 640 South Federal Street located in?
The 640 South Federal Street is a condo located in the neighborhood of Printer's Row in Central Chicago, Chicago.
How many listings are currently for sale in 640 South Federal Street?
There is one unit for sale right now.
What is the average sales price for listings in 640 South Federal Street?
The average sales price for units in 640 South Federal Street is $119,000 , or $235/sqft. currently.

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