NOT LISTED FOR SALE

40 E Cedar St, Unit 17B Chicago, IL 60611

Gold Coast Neighborhood

Estimated Value: $233,000 - $290,000

1 Bed
1 Bath
900 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: October 7, 2021

Last sale price $185,000 $206 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,431 / mo

11 Days on Market

Highlights

  • Attached Garage
  • Lincoln Park High School Rated A
  • 2-minute walk to Mariano (Louis) Park

About This Home

As of October 2021

Own an unforgettable view of Chicago from the 17th floor of this classy building just off of the Magnificent Mile. Entertain and relax on the large stunning balcony, the fresh air blowing off the lake and city sounds below. In the heart of all the action Rush street has to offer from the shopping to the restaurants! If you dream of owning a second home or downsizing or just being in the center of it all this is it. An investors dream come true this home has everything to offer in location and so much potential in space.

Last Agent to Sell the Property

Patty Cerny

Compass License #475148627 Listed on: 08/24/2021

Compass

Co-Listed By

Kassie Houlihan

@properties Christies International Real Estate License #475173686

Last Buyer's Agent

John Lyons

Baird & Warner License #475156436

Baird & Warner

Property Details

Home Type

  • Condominium

Year Built

  • 1970

Lot Details

  • 0.29

HOA Fees

  • $671 per month

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Community Details

Overview

  • 75 Units
  • Carlos Association, Phone Number (312) 866-9338
  • Property managed by Sudler

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1970

Lot Details

0.29 Acres

HOA Fees

$671 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 17
  • New Construction Y/N: No
  • Co List Office Mls Id: MRD10013
  • Co List Office Phone: (773) 775-1855
  • Directions: Inner Lake Shore Drive to Cedar West on Cedar to property
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Dining Room Type: No additional rooms
  • Stories: 23

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Carlos
  • Management Phone: 312-866-9338
  • Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Party Room, Sundeck, Service Elevator(s)
  • Association Fee: 671
  • Association Fee Frequency: Monthly
  • Pets Allowed: Number Limit, Size Limit

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 299

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Multi Family

  • Units in Building: 75

Tax Info

  • Tax Annual Amount: 1498.1
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 29, 2021
Sold by
Bought by
Seller's Agent
Patty Cerny
Compass
Buyer's Agent
John Lyons
Baird & Warner
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$262,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,147
Avg. Annual Appreciation
7.60%
Original Mortgage
$105,000
Outstanding Balance
$87,319
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$174,828

Purchase Details

Closed on
Aug 29, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,600
Interest Rate
8.19%

Purchase Details

Closed on
Mar 25, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,686
Interest Rate
7.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$185,000 Baird & Warner Ttl Svcs Inc
$165,000 Proper Title Llc
-- --
-- Wheatland Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $105,000
Previous Owner $115,000
Previous Owner $110,600
Previous Owner $82,686
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $185,000 -2.6% $206 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $189,900 -- $211 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,220 $22,568 $3,921 $18,647
2024 $4,220 $22,568 $3,921 $18,647
2023 $4,113 $20,000 $3,184 $16,816
2022 $4,113 $20,000 $3,184 $16,816
2021 $2,816 $19,999 $3,183 $16,816
2020 $2,806 $18,182 $2,209 $15,973
2019 $2,724 $19,730 $2,209 $17,521
2018 $2,676 $19,730 $2,209 $17,521
2017 $2,556 $17,949 $1,767 $16,182
2016 $2,738 $17,949 $1,767 $16,182
2015 $2,465 $17,949 $1,767 $16,182
2014 $3,160 $17,029 $1,420 $15,609
2013 $3,097 $17,029 $1,420 $15,609
Source: Public Records

Agents Affiliated with this Home

  • Patty Cerny

    Seller's Agent in 2021

    Patty Cerny

    Compass

    (773) 426-5581

    1 in this area

    133 Total Sales

    Patty Cerny
    Section Image
  • Kassie Houlihan

    Seller Co-Listing Agent in 2021

    Kassie Houlihan

    @properties Christies International Real Estate

    (708) 278-3515

    3 in this area

    57 Total Sales

    Kassie Houlihan
    Section Image
  • John Lyons

    Buyer's Agent in 2021

    John Lyons

    Baird Warner

    (773) 558-7133

    2 in this area

    121 Total Sales

    John Lyons
    Section Image
See All Agents

About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11199105

Midwest Real Estate Data (MRED)

APN: 17-03-201-069-1032

Illinois Cook County Chicago 60611 Gold Coast

40 E Cedar St Unit 17B, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.