4 months on rocket

1345 S Federal St, Chicago, IL, 60605

$2,000,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
4,076 SqFt
$491/SqFt
House

Location

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1345 S Federal St, Chicago$2,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1992
HeatingNatural Gas
CoolingCentral Air
BasementYes
FireplaceGas Log, Gas Starter, More than one
MLS #12140251
StatusActive

About 1345 S Federal St

Only single-family home in the loop that exists with a second vacant lot! No neighbors! Nestled in the dynamic South Loop of Chicago, this recently updated high-end single-family prairie style home epitomizes sophistication and modern luxury. Captivating views of the iconic Willis Tower provide a stunning backdrop to this exquisite residence. Boasting five spacious bedrooms and three and a half baths, this home offers a harmonious blend of comfort and elegance. An expansive office space and versatile flex area cater to both professional and personal needs, ensuring seamless work-life integration. Elevating the ambiance, three fireplaces add warmth and charm to various living spaces. Experience ultimate comfort with radiant flooring that envelopes the interiors in a cozy embrace, especially during the cooler months. Tech-savvy living is at its finest with the integration of a Control 4 Smart house system, allowing effortless control over various aspects of the home. An EV charging station underscores the residence's commitment to sustainability and modern convenience. Multiple outdoor spaces create a seamless transition between indoor and outdoor living, providing an idyllic setting for relaxation and entertainment. Whether you're enjoying a morning coffee on the balcony or hosting a soiree on the patio, these spaces enhance the allure of this remarkable property. With the lake, river, and major highways just minutes away, leisure and career are always within reach. This home combines the tranquility of a residential retreat with the vibrancy of urban living. This home's thoughtful design, premium amenities, and prime location converge to create an unparalleled living experience in the heart of Chicago's South Loop.

Property Details

Property Features

Property Information:

  • Architectural Style: Prairie
  • Year Built: 1992
  • Living Area: 4,076 SqFt

Listing Office:

  • Office Name: Kale Realty
  • Office Phone: (312) 939-5253
  • Listing Agent: Brian DePaulo

Interior Features

Interior Information:

  • Appliances: Double Oven, Refrigerator, Stainless Steel Appliance(s), Oven, Gas Cooktop
  • Basement: Yes
  • Interior: Bar-Dry, Hardwood Floors, Heated Floors, First Floor Bedroom, First Floor Laundry, Built-in Features, Walk-In Closet(s), Bookcases, Coffered Ceiling(s), Open Floorplan, Granite Counters, Separate Dining Room
  • Fireplace: Gas Log, Gas Starter, More than one

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Balcony, Deck, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Corner Lot, Trees, Views

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Roosevelt to State St. South to 14th. West to Federal. North to 1345.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000
  • Price Per SqFt: $491/SqFt

HOA Fees:

  • Amount: $351
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

1345 S Federal St vs Chicago

121 DAYS ON ROCKET

+88 Days

$2,000,000

+$1.6M More

$491/SqFt

+$230 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $230/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12140251

Listing Office:

  • Office Name: Kale Realty
  • Office Phone: (312) 939-5253
  • Listing Agent: Brian DePaulo

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:46:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 19, 2007Home Sold
$180,000
Apr 19, 2007Home Sold
$180,000

History based on county public records data.

Payment Calculator

$10.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1143222
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 2.05 miles

  • Public District Grades PK-5

school-card-donut-1143223
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.41 miles

  • Public District Grades KG-5

school-card-donut-1143224
5
/10

  • Univ of Chicago Charter-Donoghue

  • 707 E 37th St

  • 2.77 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $130,256. The most common annual income of people living in Chicago, IL is between $100k-200k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1345 S Federal St

What is the listing price of this property?

The listing price of 1345 S Federal St property is $2,000,000.

What type of property is this?

The property 1345 S Federal St is a house located in Chicago, Illinois, 60605.

Is this property for sale now?

Active Listing: 1345 S Federal St is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on April 19, 2007 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1345 S Federal St has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1345 S Federal St is 4,076 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1345 S Federal St is 1992.

Rocket Homes›Illinois›Cook County›Chicago›60605›1345 S Federal St

This home is located at 1345 S Federal St in Chicago, IL and zip code 60605 in the Near South Side neighborhood. This 4,076 square foot home was built in 1992. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $2,000,000.

While more than 521 listings in Chicago, IL in November 2024 were sold above asking price, there were more than 254 listings sold at asking price, and more than 845 were sold below. In November 2024 in Chicago, IL there were 2.1% more homes for sale than in October 2024. In November 2024 median list price was $363,936 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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