Seller's Agent in 2023
Elizabeth Lothamer
Compass
(773) 655-5344
4 in this area
294 Total Sales
40 E Cedar St, Unit 10A Chicago, IL 60611
Gold Coast NeighborhoodEstimated Value: $298,000 - $396,000
2
Beds
2
Baths
--
Sq Ft
$1,064/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Sundeck
- Lincoln Park High School Rated A
- Wood Flooring
- 2-minute walk to Mariano (Louis) Park
About This Home
As of June 2023Welcome to this stunning 2 bedroom, 2 bathroom property located in the beautiful Gold Coast neighborhood. As you step inside, you will immediately notice the spacious living room with plenty of natural sunlight flowing in from the south wall of windows. The separate dining room offers an intimate space to eat. Prepare your meals with ease in the kitchen featuring stainless steel appliances, gorgeous granite countertops, and ample storage space in the cabinets. The primary suite is extra large, offering plenty of room to stretch out and relax. The primary bathroom has been completely rehabbed with sleek design and offers a spa-like experience. This property is located in a building with a host of amenities, including a rooftop deck with amazing lake views, a storage room for all your extras, laundry facilities, event space and doorman. This location can't be beat! You'll be surrounded by the city's top restaurants, shops, and public transportation options. Experience all that the Gold Coast has to offer in this beautiful property.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,630
Year Built
- Built in 1970
Lot Details
- 0.29
HOA Fees
- $1,064 Monthly HOA Fees
Parking
- Attached Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- Family Room
- Living Room
- Dining Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Schools
- Lincoln Park High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal
- 75 Units
- Michael Mcgahee Association, Phone Number (312) 266-6073
- High-Rise Condominium
- Property managed by Sudler
- 20-Story Property
Amenities
- Doorman
- Sundeck
- Coin Laundry
- Community Storage Space
Recreation
Pet Policy
- Pets up to 35 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2023
Closed on
Jun 7, 2023
Sold by
Dugan Moira
Bought by
Reyes John and Reyes Marissa
Seller's Agent
Elizabeth Lothamer
Compass
Buyer's Agent
Jenny Derrickson
Compass
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,324
Avg. Annual Appreciation
6.81%
Purchase Details
Listed on
Mar 7, 2016
Closed on
May 10, 2016
Sold by
Braaksma Brian and Braaksma Jennifer
Bought by
Carter Carol A and Dugan Moria C
Seller's Agent
Scott Newman
Keller Williams ONEChicago
Buyer's Agent
Vanessa Gonzalez
Kale Realty
List Price
$335,000
Sold Price
$335,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.77%
Original Mortgage
$75,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 3, 2006
Sold by
Corder Martha A
Bought by
Braaksma Brian and Braaksma Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
6.12%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 24, 2004
Sold by
Beauchamp Kathleen A
Bought by
Corder Martha A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reyes John | $295,000 | Proper Title | |
| Carter Carol A | $335,000 | Liberty Title & Escrow Co | |
| Braaksma Brian | $341,000 | Git | |
| Corder Martha A | $325,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Carter Carol A | $75,000 | |
| Previous Owner | Braaksma Brian | $341,000 | |
| Previous Owner | Corder Martha A | $260,000 | |
| Closed | Corder Martha A | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/15/2023 06/15/23 | Sold | $295,000 | -9.2% | -- | |
| 05/15/2023 05/15/23 | Pending | -- | -- | -- | |
| 04/20/2023 04/20/23 | For Sale | $325,000 | -3.0% | -- | |
| 05/10/2016 05/10/16 | Sold | $335,000 | 0.0% | -- | View Prior Sale |
| 03/12/2016 03/12/16 | Pending | -- | -- | -- | |
| 03/07/2016 03/07/16 | For Sale | $335,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,907 | $30,388 | $5,279 | $25,109 |
| 2023 | $5,759 | $28,000 | $4,287 | $23,713 |
| 2022 | $5,759 | $28,000 | $4,287 | $23,713 |
| 2021 | $5,630 | $27,999 | $4,287 | $23,712 |
| 2020 | $5,454 | $24,483 | $2,975 | $21,508 |
| 2019 | $5,338 | $26,568 | $2,975 | $23,593 |
| 2018 | $5,248 | $26,568 | $2,975 | $23,593 |
| 2017 | $5,203 | $24,169 | $2,380 | $21,789 |
| 2016 | $4,341 | $24,169 | $2,380 | $21,789 |
| 2015 | $3,948 | $24,169 | $2,380 | $21,789 |
| 2014 | $3,778 | $22,930 | $1,912 | $21,018 |
| 2013 | $3,692 | $22,930 | $1,912 | $21,018 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Lothamer
-
Karen Hood
Seller Co-Listing Agent in 2023
Karen Hood
@ Properties
(773) 343-2328
4 in this area
52 Total Sales
-
Jenny Derrickson
Buyer's Agent in 2023
Jenny Derrickson
Compass
(312) 465-3170
1 in this area
51 Total Sales
-
Michael Kelly
Buyer Co-Listing Agent in 2023
Michael Kelly
Compass
(773) 715-3826
1 in this area
105 Total Sales
-
Scott Newman
Seller's Agent in 2016
Scott Newman
Keller Williams ONEChicago
(847) 894-5773
4 in this area
291 Total Sales
-
Lindsey Southwick
Seller Co-Listing Agent in 2016
Lindsey Southwick
Fulton Grace
(847) 370-5469
20 Total Sales
About This Building
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11763592
APN: 17-03-201-069-1008
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