740 S Federal Street

📍 740 South Federal Street, Chicago, IL 60605

📋 Property Overview

2 ba rental in South Loop, Chicago, Illinois. The floor plan measures 417 sq ft. Monthly rent ranges $880-$14,205. The unit features microwave, range, dishwasher and refrigerator. On site there is gym, bike storage, on-site laundry and coffee bar. Pets are allowed. The standard lease term is 18 months. Availability: Available now. With a Walk Score of 98, most errands can be done on foot. Transit Score is 100.

🚶 Getting Around

• Walk Score98/100

  Walker's Paradise

• Transit Score100/100

  Rider's Paradise

💵 Costs & Lease

Lease length

12 months

Units available

82 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• 1 Bed, 1.0 Bath1 bd · 1 ba · 700 sq ftNone available right now
• 3 Bed, 2.0 Bath3 bd · 2 baNone available right now
• 2 beds, 2 baths2 bd · 2 ba · 1,250 sq ftNone available right now

🧾 Move-in Costs & Lease

Lease length

18 months

Also available

5, 10, 11, 12, 13, 15, 17 months

Available

Available now

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Illinois renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 686,697 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

📋 Screening Criteria

What this property looks at when reviewing an application.

Evictions on record

Case by case

🐾 Pets

Pets

Allowed

✨ Features & Details

• Pet Friendly
• On-site laundry
• Dishwasher
• Gym
• Coffee bar
• Elevator
• Bike storage
• Microwave
• Range
• Refrigerator
• 1289 sq ft
• 1690 sq ft
• 1864 sq ft
• 1026 sq ft
• 825 sq ft
• 417 sq ft
• 487 sq ft
• 613 sq ft
• 642 sq ft
• 665 sq ft
• 624 sq ft
• 781 sq ft
• 811 sq ft
• 793 sq ft
• 951 sq ft
• 1082 sq ft
• 1068 sq ft
• 1168 sq ft
• 601 sq ft
• 662 sq ft
• 667 sq ft
• 681 sq ft
• 703 sq ft
• 787 sq ft
• 915 sq ft
• 1109 sq ft
• 1176 sq ft
• 1467 sq ft
• 439 sq ft
• 481 sq ft
• 450 sq ft
• 632 sq ft
• 670 sq ft
• 680 sq ft

📊 Property Facts

Walk Score

98 · Walker's Paradise

Transit Score

100 · Rider's Paradise

🚗 Parking

No parking on site

🏡 Floor Plans

Not every unit at this property is listed here. Prices start at $880.