Check Availability

40 East Cedar Street

40 East Cedar Street, Chicago, IL 60611
Condo in Gold Coast
40 East Cedar Street is a condo located in Gold Coast, Chicago. The building was first built in 1972 and is 52 years old. 40 East Cedar Street has a total of 20 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck. There are 19 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 90 days and tend to sell below the original asking price of $322,000 by 4.44%. Meaning, listings tend to sell at a median of $283 price per square foot. The transaction that took the longest to complete was unit 15D, listed on Mar 05, 2021 for $345,000. This particular unit ultimately sold 90 days later for $328,500. The most recent transaction was for unit 17B, sold for $185,000 on Oct 14, 2021. Fun fact, the oldest transaction we have on record took place on Dec 07, 1995. See the full transaction history for 40 East Cedar Street below.

Gold Coast, where 40 East Cedar Street is located, has a median asking price of $629,000 for condo buildings. Meanwhile, the building itself has a median asking price of $322,000. For interested buyers, that means the building's median asking price is around 0.49% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Concrete Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

11 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231002 Unit 19A
10/02/2023
19A
2 Bed
2 Bath
1200 ft²
$425,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
Darrell Scott
Compass
20220804 Unit 16D
08/04/2022
16D
2 Bed
2 Bath
-
$349,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Ben Bodelson
Compass
20220608 Unit 7D
06/08/2022
7D
2 Bed
2 Bath
-
$310,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Eileen Kravitz
Dream Town Realty
20220623 Unit 6C
06/23/2022
6C
2 Bed
2 Bath
1200 ft²
$299,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
Mike Kravitz
Compass
20220324 Unit 3C
03/24/2022
3C
2 Bed
2 Bath
1185 ft²
$339,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1185 ft²
-
-
-
Steven Johnson
Real People Realty, Inc.
20210715 Unit 8CD
07/15/2021
8CD
4 Bed
4 Bath
2400 ft²
$549,995
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2400 ft²
-
-
-
Lucas Gelb
Keller Williams ONEChicago
20210305 Unit 15D
03/05/2021
15D
2 Bed
2 Bath
1100 ft²
$345,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1100 ft²
$328,500 -4.78%
06/03/2021
Suzanne Serra
20200528 Unit 3C
05/28/2020
3C
2 Bed
2 Bath
1185 ft²
$305,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1185 ft²
$292,500 -4.10%
08/25/2020
Naseem El-Barbarawi
20190813 Unit 17C
08/13/2019
17C
2 Bed
2 Bath
-
$300,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20190629 Unit 5B
06/29/2019
5B
1 Bed
1 Bath
900 ft²
$205,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
-
-
20190604 Unit 8CD
06/04/2019
8CD
3 Bed
3 Bath
2400 ft²
$749,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2400 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Condo
  • Floor Count: 20
  • Living Units: 75
  • Business/Commerical Units Count: 90
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORTY EAST CEDAR STREET CONDO
  • Land Acres: 0.287
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : FORTY EAST CEDAR CONDOMINIUM ASSOCIATION
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 081202

Zoning

  • Zoning: DR-7

Geography

  • Assessors Map Reference: 1-02S-019-02
  • District: 74
  • Parcel: 17-03-201-069-1076
  • Lot: 8-10
  • Meridian: SEC 03 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9027
  • Longitude: -87.6269

    Address

  • Full Address: 40 E Cedar St
  • Address - House Number: 40
  • Street Direction: E
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C099
  • 4-Digit Zip Code: 1141
  • Zip Code: 60611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $103
  • Tax Rate Code Area: 74002

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 422,271
  • High Value: 503,460
  • Low Value: 341,082

    Market Valuation

  • Market Total Value: $5,000
  • Market Land Value: $10
  • Market Improvement Value: $4,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $500
  • Assessed Land Value: $1
  • Assessed Improvements Value: $499

    Sales

  • Current Sale Contract Date: Mar 19, 2015
  • Current Sale Recording Date: Apr 16, 2015
  • Current Sale Transaction ID: 1144952287
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1510642005

    Last Sale Mortgage

  • First Mortgage Lender: OAK BANK (CHICAGO IL)
  • First Mortgage Transaction Date: Apr 16, 2015
  • First Mortgage Loan Amount: $1,550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Central Chicago



Similar Buildings

Condo at 40 East Cedar Street,

33 East Cedar Street

  • 1 Unit for Sale
  • 3 Stories
33 East Cedar Street, Chicago, IL 60611
Condo at 40 East Cedar Street,

73 East Elm Street

  • 2 Units for Sale
  • 2 Stories
73 East Elm Street, Chicago, IL 60611
Condo at 40 East Cedar Street,

34 East Bellevue Place

  • 1 Unit for Sale
  • 3 Stories
34 East Bellevue Place, Chicago, IL 60611
Condo at 40 East Cedar Street,

59 East Cedar Street

  • 1 Unit for Sale
  • 3 Stories
59 East Cedar Street, Chicago, IL 60611
Condo at 40 East Cedar Street,

30 East Elm Street

  • 2 Units for Sale
  • 3 Stories
30 East Elm Street, Chicago, IL 60611
Condo at 40 East Cedar Street,

22 East Elm Street

  • 1 Unit for Sale
  • 2 Stories
22 East Elm Street, Chicago, IL 60611
Condo at 40 East Cedar Street,

87 East Elm Street

  • 1 Unit for Sale
87 East Elm Street, Chicago, IL 60611
Condo at 40 East Cedar Street,

82 East Elm Street

  • 1 Unit for Sale
82 East Elm Street, Chicago, IL 60611
Condo at 40 East Cedar Street,

33 East Bellevue Place

  • 1 Unit for Sale
33 East Bellevue Place, Chicago, IL 60611

Nearby Rentals

Unit for rent at 318 W Grand Avenue, Chicago, IL, 60654

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,009 ft²
318 W Grand Avenue #304, Chicago, IL, 60654 Listing by Nadine Ferrata
Unit for rent at 111 W Maple Street, Chicago, IL, 60610

$3,500 /mo

  • 2 Beds
  • 2 Baths
111 W Maple Street #3204, Chicago, IL, 60610 Listing by Tadeusz Dolecki
Unit for rent at 451 W Huron Street, Chicago, IL, 60610

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,275 ft²
451 W Huron Street #1008, Chicago, IL, 60610 Listing by Andrew Castillon
Unit for rent at 659 W Randolph Street, Chicago, IL, 60661

$3,200 /mo

  • 1 Bed
  • 2 Baths
  • 988 ft²
659 W Randolph Street #1105, Chicago, IL, 60661 Listing by Caroline Brand
Unit for rent at 670 W Wayman Street, Chicago, IL, 60661

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
670 W Wayman Street #1204, Chicago, IL, 60661 Listing by Aaron Gill
Unit for rent at 21 W Chestnut Street, Chicago, IL, 60610

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
21 W Chestnut Street #1101, Chicago, IL, 60610 Listing by David Mahoney
Unit for rent at 333 W Hubbard Street, Chicago, IL, 60654

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
333 W Hubbard Street #205, Chicago, IL, 60654 Listing by Meredith Beebe

Frequently Asked Questions

What neighborhood is 40 East Cedar Street located in?
The 40 East Cedar Street is a condo located in the neighborhood of Gold Coast in Central Chicago, Chicago.
What is the average sales price for listings in 40 East Cedar Street?
The average sales price for units in 40 East Cedar Street is $322,000 , or $283/sqft. currently.

Quantcast