Updated 1 Minute Ago
Highlights
Pet Friendly
Location
1246 S Federal St, Chicago, IL 60605, USA|South Loop
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images available
Great for
Pet owners
Social life
Eco living
Amenities for 1246 S Federal St, South Loop
Features
| Fireplace | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Cats OK | Dogs OK |
Grounds
| Assigned Parking | Garage Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 1246 S Federal St
Sweet deal!
This listing is 32% below the median price for 2 bedroom apartments in South Loop.
Unit Has Very Spacious Rooms With All New Flooring, Freshly Painted, Upgraded Kitchen With Breakfast Bar. Seller Will Replace Cabinet Doors And Dishwasher (Or Offer Credit) At Closing! One Car Attached Garage, Huge Terrace, Recessed Lighting, Fireplace, In Unit Washer/Dryer And Lots Of Light!! Great Neighborhood Close To Lake Front, Loop & Grant Park, Target, Restaurants And Entertainment!
Lease Terms
1 yearProperty highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1246 S Federal St, Chicago, IL 60605, USA compares to other nearby properties.
Positives
- Images available
- There are at least 10 photos of this address
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Neighborhood | South Loop |
|---|---|
| Zip code | 60605 |
| Type | House for rent |
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Rent trends in South Loop
2-bedroom apartments at 1246 S Federal St cost about 32% less than the average rent price for 2-bedroom apartments in Chicago.
Median rents as of Sep 5 2026.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| September 2024 | $2,722 |
| October 2024 | $2,704 |
| November 2024 | $2,621 |
| December 2024 | $2,508 |
| January 2025 | $2,470 |
| February 2025 | $2,498 |
| March 2025 | $2,508 |
| April 2025 | $2,495 |
| May 2025 | $2,498 |
| June 2025 | $2,498 |
| July 2025 | $2,550 |
| August 2025 | $2,491 |
| September 2025 | $2,419 |
| October 2025 | $2,402 |
| November 2025 | $2,428 |
| December 2025 | $2,348 |
| January 2026 | $2,436 |
| February 2026 | $2,425 |
| March 2026 | $2,537 |
| April 2026 | $2,503 |
| May 2026 | $2,574 |
| June 2026 | $2,595 |
| July 2026 | $2,536 |
| August 2026 | $2,512 |
| September 2026 | $2,550 |
| Month | Median Rent |
|---|---|
| September 2024 | $3,000 |
| October 2024 | $2,949 |
| November 2024 | $2,961 |
| December 2024 | $2,849 |
| January 2025 | $2,865 |
| February 2025 | $2,947 |
| March 2025 | $3,002 |
| April 2025 | $3,023 |
| May 2025 | $3,154 |
| June 2025 | $3,237 |
| July 2025 | $3,286 |
| August 2025 | $3,168 |
| September 2025 | $3,174 |
| October 2025 | $3,099 |
| November 2025 | $2,982 |
| December 2025 | $2,983 |
| January 2026 | $3,019 |
| February 2026 | $3,075 |
| March 2026 | $3,156 |
| April 2026 | $3,141 |
| May 2026 | $3,217 |
| June 2026 | $3,251 |
| July 2026 | $3,298 |
| August 2026 | $3,283 |
| September 2026 | $3,254 |
Affordability calculator
Can I afford to live at 1246 S Federal St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 2-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $3,650 | 3 bed | 2 bath | ||
| 3 years ago | $819 | 1 bed | 1 bath | ||
| 3 years ago | $899 | 1 bed | 1 bath | ||
| 8 years ago | $2,799 | 2 bed | 1.5 bath |
Schools near 1246 S Federal St
South Loop Elementary School
1212 s plymouth ct
chicago, IL, 60605
PK, K-8Public
B+
Bridgeport Child Development Center
3053 s normal ave
chicago, IL, 60616
PKPublic
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
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Internet available near 1246 S Federal St
Getting around Chicago near 1246 S Federal St
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 1246 S Federal St, Chicago
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
10/10
Wide variety of shops within a few minutes' walk
Cafes
8/10
Variety of cafés within a few minutes' walk
Restaurants
9/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
9/10
Large amount of park space nearby
Nightlife
8/10
Variety of bars within walking distance
Other units at this address
1246 S Federal St, Chicago, IL
1246 S Federal St Chicago, IL
Occupied
A
1 Bed
1 Bath
$819
Dishwasher • In-Unit Laundry • Carpet • Furnished • Air Conditioning
Occupied
C
2 Beds
1.5 Baths
$2,799
Balcony • Dishwasher • In-Unit Laundry • On-Site Laundry • Hardwood Floor • Carpet
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