Chicago  »  60605  »  South Loop

640 South Federal Street, Chicago, IL 60605

Printer's Row, South Loop, Central Chicago, Chicago
Building in South Loop
Built in 1910
640 S Federal Street - Photo 1
640 S Federal Street, Apt 404
Printer's Row, South Loop, Central Chicago, Chicago
$1,650
|
Studio
|
1 Bath
By Haroon Khan
Welcome to 640 South Federal Street, a building located in Printer's Row, South Loop, Central Chicago, Chicago in Chicago, IL. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1910. The market value for the land that the building sits on has been listed at $226,692. In addition, improvements upon the building have an added value of $11,401,168. In total, the total market value of the property as a whole is $11,627,860. According to local assessors, the total value of the building is currently valued at $2,906,965. Specifically, the value of the land that the property sits on has been assessed at $56,673. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1910
Effective Year Built
1910
Building Count
1
Bedroom Count
0
Building Condition
0
Building Quality
0
Construction Type
0
Building Style
0
Exterior Walls Type
0
Interior Walls Type
0
Roof Shape Type
0
Roof Cover Type
0
Living Units
50
Business/Commerical Units Count
50
Floor Cover
0
Basement Type
0
Basement Area
0
Garage Type
0
Parking Space Count
0
Patio Type
0
Porch Type
0
Pool Type
0
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
0
Property Class
C
Subdivision
THE PRINTERS SQUARE CONDOMINIUM
Land Acres
0000000230
Standard Land Use Code
2000
County Land Use Code
5-97
Neighborhood
School District Name
Chicago Public School District 299
Census Tract
839000
Census Block Code
1000
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
176
Census - Combined Statistical Area - Area Name
Chicago-Naperville, IL-IN-WI
Census - County FIPS
17031
Census - Full FIPS
170318390001000
Census - Metropolitan Division - Area Code
16974
Census - Metropolitan Division - Area Name
Chicago-Naperville-Arlington Heights, IL
Census - Metro Micro Statistical Area - Area Code
16980
Census - Metro Micro Statistical Area - Area Name
Chicago-Naperville-Elgin, IL-IN-WI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1714000
Census Source
US Census Bureau
Census State FIPS
17
Census Tract Code
839000
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1709930
School District - Unified - Name
Chicago Public School District 299
Zoning
Zoning
DX-12
Geography
District
76
Parcel
17-16-405-048-0000
Municipality
SOUTH CHICAGO
Latitude
41.8737
Longitude
-87.6299
FIPS
17031
Mailing Carrier Code
C024
Mailing Street Direction
S
Mailing Full Street Address
600 S FEDERAL ST STE 301
Mailing House Number
600
Mailing Street Mode
ST
Mailing Street
FEDERAL
Mailing Unit Number
301
Mailing Unit Type
STE
Mailing 4-Digit Zip Code
1862
Old APN
17-16-405-048-0000
Geo Status Code
P
Valuation
Timestamp
2024-04-01 17:44:41
UCID Flag
C
More About The Building
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 640 South Federal Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the South Loop area have a median price of $2,800. Those in the 25th percentile, have a price around $2,350. While those in the 75th percentile, have a price around $3,340. Typically, the buildings in this area have a median sqft of 1,013. That means that the median price per sqft is around $33. In other words, the price per sqft for buildings in the 25th percentile is $30. While the price per sqft for buildings in the 75th percentile is $36. As a breakdown, we've included the following stats:

  • There are currently a total of 9 studio listings. The median price for these types of listings is $1,800. That's $44.00 price per sqft.

  • There are currently a total of 72 one bedroom listings. The median price for these types of listings is $2,350. That's $35.10 price per sqft.

  • There are currently a total of 90 two bedroom listings. The median price for these types of listings is $3,152. That's $31.65 price per sqft.

  • There are currently a total of 9 three bedroom listings. The median price for these types of listings is $3,900. That's $27.41 price per sqft.

  • There is currently a single advertised four bedroom listing. The median price for these types of listings is $5,500. That's $24.44 price per sqft.
About The Area
640 South Federal Street is located in Cook County, Illinois. There are 5,227,575 people living here. There are 1,951,606 households. Most of these households have an average family size of 3.43 people. According to the census, 43% are currently renting while 57% own their homes. The median age of this population is around 36.1 years old. On average, most folks in the county are unmarried. About 35% of folks speak a language other than English in this area. The area's employment rate is currently around 59.7%. Speaking of employment, the median income is $56,902. Most folks will commute by car for around 32.6 minutes. Finally, we know that 24% of residents in the area have graduated with their high school degree. Additionally, 22% and 15% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Chicago, IL - IN Urban Area has a population of 8,672,319 people. Based on census records, there are 3,153,810 registered households. Families in this area are on average made up of 3.4 people per household. Most folks are unmarried. They are also typically around 36.6 years old. Does diversity matter to you? Right now, 30% of folks speak a language other than English here. About 37% rent while 63% purchased their homes. Right now, the community is made up of 24% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 14% have a Master's degree. The employment rate is currently around 61.2%. Those employed, have a median income of $63,064. If you move here, you can expect to commute mostly by car for around 31.5 minutes.

$1,800
Studio Median Rent
$2,350
1BR Median Rent
$3,152
2BR Median Rent
$3,900
3BR Median Rent
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