Condo for rent

Updated 2 Days Ago

740 S Federal St #810
740 S Federal St #810, Chicago, IL 60605, USA

Monthly rent	$2,999
Beds	2
Baths	2
Sqft	1,289

Monthly rent	$2,999
Beds	2
Baths	2
Sqft	1,289

Updated 2 Days Ago

Highlights

Conveniently located
Easy access

Location

740 S Federal St #810, Chicago, IL 60605, USA|Loop

Tour 740 S Federal St #810

Contact

Lance Lukose

Compass

(708) 205-6730

Property Overview

740 S Federal St #810 offers a well-balanced mix of location, convenience, and practical living features in Chicago’s South Loop. It stands out for easy access to nearby amenities and transit, along with appealing building features that support comfortable everyday life.

Things you’ll love

High school nearby
Less expensive
More space

Great for

Social life
Wellness
Eco living

Amenities for 740 S Federal St #810, Loop

Features

Hardwood Floor

Natural Gas

Appliances

Dishwasher

Community

Elevator	Exterior Type: Brick
Fitness Center	Onsite Laundry

Grounds

Storage

Services

On-Site Management

Other

Six Rooms

Zoned

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

About 740 S Federal St #810

Home

Apartments in Chicago

Loop

740 S Federal St #810, Chicago, IL 60605, USA

Sweet deal!

This listing is 23% below the median price for 2 bedroom apartments in Loop.

Property Status: Active Freshly painted 2-bedroom, 2-bath corner condo in Printer's Row. This 8th-floor unit features a spacious living room, separate dining area, eat-in kitchen, generous bedroom sizes, two full bathrooms, and a private storage locker. Full-service building amenities include a fitness center, laundry facilities, storage, bike storage, elevators, service elevator, and on-site management. Conveniently located in Printer's Row near the Loop and South Loop, with easy access to Grant Park, Museum Campus, public transportation, restaurants, grocery stores, coffee shops, and downtown employers. Close to Roosevelt University, Columbia College, DePaul University, Harold Washington Library, and major expressways. All occupants 18 and older must complete a rental application, credit/background screening, and income verification. Application fee is $55 per applicant. Available immediately. Office Phone: (708) 205-6730 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property highlights

How 740 S Federal St, Chicago, IL 60605, USA compares to other nearby properties.

Positives

High school nearby: There is a high school 0.1 mile away
Less expensive: Some rentals at this address are cheaper than similar listings nearby
More space: The 2-bedroom is 184 sqft larger than other listings nearby
Central heat: This address offers a climate controlled environment
Elevator: Improved accessibility features
Extra Storage: Upgraded in-unit features
Images available: There are at least 10 photos of this address
Walk-in closet: Rentals here may include more closet space than average

Considerations

Greater distance from middle schools: The nearest middle school is farther than 1 mile away
Greater distance from grade schools: The nearest elementary school is farther than 0.4 mile away

Address details

Neighborhood	Loop
Zip code	60605
Type	Condo for rent

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Rent trends in Loop

2-bedroom apartments at 740 S Federal St #810 cost about 23% less than the average rent price for 2-bedroom apartments in Chicago.

Median rents as of Aug 15 2026.

Loop

Chicago

A table of 2-bedroom apartment rental data trends in Chicago
Month	Median Rent
August 2024	$2,695
September 2024	$2,706
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	$2,500

A table of 2-bedroom apartment rental data trends in Loop
Month	Median Rent
August 2024	$4,016
September 2024	$4,001
October 2024	$3,794
November 2024	$3,700
December 2024	$3,218
January 2025	$3,327
February 2025	$3,409
March 2025	$3,444
April 2025	$3,502
May 2025	$3,636
June 2025	$3,712
July 2025	$3,848
August 2025	$3,753
September 2025	$3,711
October 2025	$3,620
November 2025	$3,516
December 2025	$3,555
January 2026	$3,639
February 2026	$3,599
March 2026	$3,746
April 2026	$3,926
May 2026	$3,950
June 2026	$3,903
July 2026	$3,885
August 2026	$3,891

Affordability calculator

Can I afford to live at 740 S Federal St #810?

Bedrooms

2 bedrooms

Rent-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

$119,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $119,960 annually to afford this 2-bedrooms monthly rent price of $2,999.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 740 S Federal St, Chicago, IL.
			Bath
This month	$3,200	2 bed	2 bath
Last month	$2,000	1 bed	1 bath
4 months ago	$1,200	1 bed	1 bath
7 months ago	$2,400	1 bed	1 bath
8 months ago	$2,270	1 bed	1 bath
8 months ago	$1,900	1 bed	1 bath
9 months ago	$2,000	1 bed	1 bath
1 year ago	$1,575	Studio	1 bath
1 year ago	$2,900	2 bed	2 bath
2 years ago	$1,525	Studio	1 bath

Schools near 740 S Federal St #810

Internet available near 740 S Federal St #810

Neighborhood

Loop | Chicago, IL

NEIGHBORHOOD VIBE

Lively and energetic

You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Chicago near 740 S Federal St #810

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

4/10

This area is accessible to thoroughfares and has ample parking options.

Cycling

9/10

Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 740 S Federal St #810, Chicago

Groceries

10/10

Exceptional variety of groceries within a few minutes' walk

Shopping

10/10

Exceptional variety of shops within a few minutes’ walk

Cafes

10/10

Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10

Exceptional variety of restaurants within a few minutes’ walk

Primary schools

10/10

At least one elementary school within a 5-minute walk

High schools

9/10

At least one high school within a 5-minute walk

Parks

9/10

Very large amount of park space within a few minutes' walk

Nightlife

10/10

Exceptional variety of bars right within a few minutes’ walk

Other units at this address

740 S Federal St, Chicago, IL

740 S Federal St Chicago, IL

Occupied

504

1 Bed

1 Bath

973 sqft

$2,000

Assigned Parking

Listed by Chih-Hao Yang

Days on market: 1094

Welcome to 740 S Federal St Apt 504. This spacious corner 1 bed 1 bath 973 sq ft unit is ready for its new residents starting September 1st, 2023. The monthly rent includes water, trash/recycling, Xfinity 1 Gig internet, fitness center, and storage locker 504 (on the same floor). Tenant only pays for electric additionally. Nestled in an elevator building, this condo has undergone a complete transformation from floor to ceiling. Its prime location places you in the heart of Printers Row, providing seamless access to the multiple schools in the South Loop, the Loop business district, CTA/metra/Amtrak, and 90/94. Within walking distance, you'll find Jewel-Osco, Target, Walgreens, CVS, and countless restaurants. Divvy dock located just south on Polk St. The fitness center is located on the second floor, unit 208 in the 740 S Federal Building. Each building has a laundry room located on the first floor of each building in the rear lobby via freight elevator. The unit, positioned to face the West and North, creates a warm and inviting atmosphere. Inside, you'll discover a spacious living and dining area, providing ample room for relaxation and entertainment. Quartz countertops, SS appliances ( dishwasher, stove and vent) and modern white cabinets in the kitchen. Laminate floor throughout the entire unit. The modern bathroom features a bathtub, perfect for unwinding after a long day. Brand new furnace/compressor/air handler inside the unit for cost efficiency. Bicycle storage racks are located in the garage below Printers Square. Registration is on a first come, first serve basis. Annual fee is $25.00. All dogs must be registered with the Management Office. $150/year. 100Lb max. No Pit Bull per building rules. Parking is available for $290 unreserved/ $370 reserved. Application requirements: 700+ minimum credit score. Household monthly income at least 3x monthly rent, so pay stubs need to show $2000x3=$6000/ month before taxes. $75 per person to apply for credit and background check. 1 month security deposit to owner. Building fees: move fee $300 non-refundable + one time new lease fee $200. Refundable $200 move deposit to building. All fees must be paid by checks or money orders and made out to Printers Square Condominium Association. Move Fees, new lease fee and move deposits need to be paid either with separate checks or money orders made payable to Printers Square Condominium Association. As long as there is no damage while moving to any common area or element, the move deposit of $200 is refundable. The freight elevator must be reserved with a minimum of seven (7) days prior to your move. Moving is only permitted Monday through Friday 9:00 AM to 5:00 PM and Saturday 9:00 AM to 3:00 PM. Move-Ins are only scheduled with a maximum Move-In time of three (3) hours. If the Move-In goes over the allowed three (3) hours the following fees apply: 0 to 15 minutes – no charge | 15 to 30 minutes - $50.00 | 30 to 45 minutes - $100.00 | 45 to 60 minutes - $125.00. No previous eviction records and bankruptcy. No smoking unit. Renter insurance is required. Tenant occupied until August 31st, 2023. 48 hours notice is required. Unit is available for September 1, 2023 move in. 1+ year lease only.