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Key Facts

3Beds

2Baths

1,200Sq Ft

1970Year Built

23Stories

$399,999

Active Under Contract9 days on marketListed June 10, 2026

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Description

Enjoy Gold Coast living in this 3-bedroom, 2-bathroom residence at 40 E Cedar featuring north and south exposures. Extensively renovated, the unit received a new kitchen, new flooring, custom-organized closets, and professional paint throughout (2026). The open-concept layout includes a third bedroom converted from the formal dining room, offering south-facing windows ideal for a guest room or home office. The primary suite features an ensuite bathroom and north-facing city and lake views, which are also shared by the spacious second bedroom. Key infrastructure and aesthetic updates include two fully renovated bathrooms (2023) and an updated electrical panel (2025). Building amenities include a rooftop sundeck, exercise room, on-site manager, and a dedicated storage cage. The property is pet-friendly with a 50lb weight limit. Parking is available for lease in the building. Rental policy highlights a 20% cap (currently 16% leased) and a two-year owner-occupancy requirement prior to renting.

Property Information

Property Type

Residential

Sub-Type

Condominium

Year Built

1970

Stories

Living Area

1,200 sq ft

Lot Dimensions

COMMON

Ownership

Condo

Days on Market

MLS® Listing#

12673907

Property Features

Interior

ElevatorStorage

Appliances

RangeMicrowaveDishwasherRefrigeratorStainless Steel Appliance(s)

Cooling

Other

Heating

Forced AirSteam

Basement

None

Laundry

Common Area

Construction

BrickConcrete

Sewer

Public Sewer

Rooms

Bedroom 214X12Main
Bedroom 313X8Main
Bedroom 4
Dining Room16X8Main
Family Room
Kitchen10X9Main
Laundry
Living Room17X12Main
Master Bedroom18X12Main

Schools

Elementary:: Ogden Elementary
High:: Lincoln Park High School
District:: Lincoln Park High School

Financial Details

HOA

$1,161 / Monthly

Annual Taxes

$5,443

Tax year 2024

Parcel Number

17032010691015

Directions

Lake Shore W to Cedar.

Affordability Calculator

Home Price

Down Payment

$80,000

Interest Rate (%)

Loan Term

Estimated monthly payment

$2,129/mo

Principal $319,999 · Est. interest $446,427 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Chicago, IL

$387,475
Median Listing Price: 32
Median Days on Market: 1,406
Median Sq Ft: $283
Median Price / Sq Ft: 4,255
Active Listings

This home’s price is 3% above the area median.
Its price per sq ft is 18% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.

Location

Points of Interest in Chicago, IL

Nearby Schools

Ogden International School
Elementary · 0.2 mi away
GSB Advisors
School · 0.3 mi away
Salazar Elementary Bilingual Center
Elementary · 0.4 mi away
Cornerstone Counseling Center of Chicago
School · 0.4 mi away
Cornerstone Children's Learning Center
School · 0.4 mi away
Walter Payton College Prep
Secondary School · 0.4 mi away
Urban Child Academy
School · 0.4 mi away
The Frances Xavier Warde School
Elementary · 0.4 mi away
Chicago Grammar School
Elementary · 0.5 mi away
Franklin Fine Arts Center
School · 0.5 mi away
Feltre School
School · 0.6 mi away
St Joseph School
School · 0.6 mi away
Immaculate Conception - St Joseph School
Elementary · 0.6 mi away
Catherine Cook School
Secondary · 0.6 mi away
Flow Basketball Academy
School · 0.6 mi away
Latin School of Chicago High School
Secondary · 0.6 mi away
Kellogg School Center for Nonprofit Management at Northwestern University
Secondary School · 0.6 mi away
Ferguson Child Parent Center
School · 0.8 mi away
Manierre Elementary School
Elementary · 0.8 mi away
Latin American Language Center
School · 0.9 mi away

Commute Calculator

Nearby Homes

$399,999

3 bed · 2 bath

40 E Cedar Street, Chicago, IL

0.0 mi away

$13,900

5 bed · 5 bath

44 E Cedar Street, Chicago, IL

0.0 mi away

$1,399,000

2 bed · 3 bath

20 E Cedar Street, Chicago, IL

0.0 mi away

$2,499,000

4 bed · 6 bath

41 E Elm Street, Chicago, IL

0.0 mi away

$210,000

1 bed · 1 bath

33 E Cedar Street, Chicago, IL

0.0 mi away

$2,675,000

3 bed · 4 bath

45 E Cedar Street, Chicago, IL

0.0 mi away

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
6627 S Marshfield Avenue, Chicago, IL	$279,999	4	2	1,900
7923 S Carpenter Street, Chicago, IL	$279,999	5	3	—
6621 S Oakley Avenue, Chicago, IL	$279,999	4	2	—
208 W WASHINGTON Street 1007, Chicago, IL	$280,000	2	2	—
1534 E 73rd Place, Chicago, IL	$280,000	5	3	2,046
5320 S Carpenter Street, Chicago, IL	$280,000	7	2	—

Moving Cost Estimate

EXIT Agents in Chicago

Carl Krkles
Associate Broker
EXIT Strategy RealtyChicago, IL
(312) 518-5431
carlkr84@yahoo.com
Martin Sanchez
Sales Representative
EXIT Strategy RealtyChicago, IL
(847) 987-2198
martinsanchez@realtor.com
Nicole Gray
Associate Broker
EXIT Strategy RealtyChicago, IL
(708) 374-4647
nicolegetsyouthekeys@gmail.com
Jayvonne Hughes
Sales Representative
EXIT Strategy RealtyChicago, IL
(312) 995-9027
soldbyjayhughes@gmail.com
Marica Wilson
Associate Broker
EXIT Strategy RealtyChicago, IL
(872) 210-7038
maricawilson23@gmail.com
Vasi Skopis
Associate Broker
EXIT Strategy RealtyChicago, IL
(224) 223-0532
vasi@skopis.com

Listing Courtesy: Vesta Preferred LLC - 7736454455

Based on information submitted to the MLS GRID as of 2026-06-10. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Last Updated: 2026-06-10