1338 S Federal Street #B

in 1338 S Federal St
$525,000 Active Under Contract · 6 days on market
2
beds
2
baths
1,200
sq ft
$438
per sq ft

About this unit

Welcome home to this 2-bedroom, 2-bath condo in the highly sought-after Dearborn Park II community. Freshly painted throughout with newly refinished hardwood floors, this move-in-ready home offers the perfect blend of comfort and convenience. The bright and spacious living room features a gas fireplace and large bay windows that fill the space with natural light. The open kitchen offers stainless steel appliances, granite countertops, and ample cabinet space, while the separate dining area is perfect for everyday living and entertaining.The primary suite includes a private bath and direct access to a covered Trex balcony. A generously sized second bedroom, full guest bath, and laundry room with washer and dryer complete the home. You'll also appreciate the exceptional storage space extending beneath the entire living area. An attached one-car garage and additional tandem exterior parking space provide the convenience that's hard to find in the city. Ideally located in the heart of the South Loop, Dearborn Park II allows you to enjoy a peaceful residential setting while being just steps from everything that makes the South Loop such a sought-after neighborhood. Surrounded by Grant Park, Museum Campus, the lakefront, restaurants, shopping, and countless neighborhood amenities, you'll love having some of Chicago's best attractions right outside your door while still feeling at home in a true neighborhood community.

Amenities

Shared amenities included with the building.

  • Parking

Property details

The facts that decide a tour — straight from MRED.

Monthly costs
HOA$607 / mo
HOA includesInsurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Annual tax$9,485 (2024)
Rules & parking
ParkingTandem, Yes, Garage Owned, Attached, Driveway, Garage
PetsCats OK, Dogs OK

What it costs each month

Live estimate. Tax based on Cook County 2024 effective rate. HOA pulled from the listing.

$525,000
$
20%$105,000
6.85%
30 years
Principal & interest$2,752 / mo
HOA$607 / mo
Property tax (est.)$790 / mo
All-in monthly$4,149

Estimate. Real rate depends on your lender, credit, and reserves. We'll connect you to a Chicago-based broker once you tour.

Listing history

The MLS trail for this unit — list events and price changes only.

Jul 7, 2026 Active Under Contract Active Under Contractcurrent
Jul 1, 2026 Listed for sale $525,000

About Dearborn Park II

A look at the building this unit is in.

Dearborn Park II— 1338 S Federal St

South Loop condo · 3 floors · built 1991
1 for sale · 0 for rent
For sale from $525K
View the building

Where it is

FAQ

Where do these listings come from?

Straight from the Midwest Real Estate Data (MRED) MLS, refreshed regularly — the same listings your buyer's agent sees, no curated subset.

Can I work with Dibze to buy?

Yes. A licensed Chicago buyer's agent lines up tours, writes offers, and handles the close. The seller pays the commission, so it's free to you — and we rebate part of it back at closing.

Can I rent in this building?

If owners are leasing units, the For Rent tab shows them. These are individual condo owners listing through the MLS, so lease terms and pet rules vary by unit.

How is this different from Redfin or Zillow?

Same MLS feed, different model — we don't sell your contact info or turn every click into a lead. One Dibze condo expert handles your whole search and represents you, not the seller.

Listed by Mimi Aquino · Coldwell Banker Real Estate Group · (630) 358-6717 · MLS #MRD12682246 · MRED
Mino Conenna
Mino Conenna
Licensed IL broker · Chicago condo specialist
Online now · replies in minutes

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