Landlord's Agent in 2025
Richard Lomax
Fulton Grace
(312) 451-8463
2 in this area
82 Total Sales
809 E 40th St Unit 3-1 Chicago, IL 60653
Oakland NeighborhoodEstimated Value: $221,000 - $286,000
2
Beds
2.5
Baths
1,600
Sq Ft
10,324
Sq Ft Lot
Highlights
- Open Floorplan
- Wood Flooring
- Wine Refrigerator
- Lock-and-Leave Community
- Granite Countertops
- 5-minute walk to Mandrake Park
About This Home
As of May 2025Rarely available, this exquisite 2-bedroom, 2-bath duplex soft loft offers an unparalleled living experience in one of Chicago's most sought-after neighborhoods, Oakland. Located in a secure elevator building, this home combines modern luxury with historic charm, featuring soaring 12-foot ceilings and original exposed brick walls that add character and warmth throughout the space. The spacious living area is perfect for both entertaining and everyday living, with beautiful hardwood floors that flow seamlessly throughout the entire unit. The open-concept kitchen is a chef's dream, complete with sleek granite countertops, stainless steel appliances, and ample cabinet space. Whether you're preparing a gourmet meal or enjoying a quick bite, this kitchen has everything you need. The master suite boasts a large, walk-in closet and an en-suite bathroom with a whirlpool bath combo, offering the perfect place to unwind after a long day. The second bedroom is equally spacious and offers a large closet and easy access to the second full bathroom, also featuring a luxurious bath combo. Step outside onto one of the two private balconies, where you can enjoy your morning coffee or unwind in the evening with a view of the vibrant neighborhood. With in-unit laundry and an included parking space, convenience is paramount. Located just two blocks from Lake Shore Drive and steps from public transportation, this duplex is ideal for commuters and those who love to explore the city. Whether you're enjoying a stroll around the neighborhood or heading downtown, you'll find everything you need right at your doorstep. Don't miss out on this rare opportunity to rent a truly unique and stunning loft in the heart of Oakland. Schedule a showing today!
Last Agent to Rent the Property
Fulton Grace Realty License #471019124 Listed on: 03/25/2025
Condo Details
Home Type
- Condominium
Year Built
- Built in 1921 | Remodeled in 2020
Lot Details
- 10,324
Home Design
- Entry on the 4th floor
- Brick Exterior Construction
Interior Spaces
- 1,600 Sq Ft Home
- Open Floorplan
- Gas Log Fireplace
- Window Screens
- Family Room
- Living Room with Fireplace
- Dining Room
- Wood Flooring
Kitchen
- Gas Oven
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Intercom
- Door Monitored By TV
Parking
- 1 Parking Space
- Driveway
- Parking Included in Price
Accessible Home Design
- Halls are 36 inches wide or more
- Wheelchair Access
- Accessibility Features
- Doors with lever handles
- Doors are 32 inches wide or more
- No Interior Steps
- Entry Slope Less Than 1 Foot
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Property Available on 3/25/25
- Rent includes water, parking, scavenger, exterior maintenance, snow removal
Community Details
Overview
- 21 Units
- Bronzeville Subdivision
- Lock-and-Leave Community
- 5-Story Property
Pet Policy
- Pets up to 15 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2019
Closed on
Jul 29, 2019
Sold by
Anderson Akeem
Bought by
Gilbert Courtney L
Seller's Agent
Darrell Green
Publix Realty, Inc.
Buyer's Agent
Jimal Gilbert
Keller Williams Elite
List Price
$224,000
Sold Price
$205,000
Premium/Discount to List
-$19,000
-8.48%
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
$48,650
Avg. Annual Appreciation
3.35%
Original Mortgage
$198,850
Outstanding Balance
$174,182
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$79,468
Purchase Details
Closed on
Dec 13, 2012
Sold by
Fannie Mae
Bought by
Anderson Akeem J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 2012
Sold by
Toran Joyce
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jun 29, 2007
Sold by
809 40Th Street Inc
Bought by
Toran Joyia and Toran Joyce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,900
Interest Rate
6.87%
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 |
|---|---|---|---|
| Gilbert Courtney L | $205,000 | Fidelity National Title | |
| Anderson Akeem J | $85,000 | Attorneys Title Guaranty Fun | |
| Federal National Mortgage Association | -- | None Available | |
| Toran Joyia | $274,000 | Stewart Title Of Illinois | |
| Toran Joyia | $274,000 | Stewart Title Of Illinois |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gilbert Courtney L | $198,850 | |
| Previous Owner | Anderson Akeem J | $62,800 | |
| Previous Owner | Toran Joyia | $274,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/02/2025 05/02/25 | Rented | $2,700 | 0.0% | -- | |
| 03/25/2025 03/25/25 | For Rent | $2,700 | 0.0% | -- | |
| 07/30/2019 07/30/19 | Sold | $205,000 | -8.5% | $164 / Sq Ft | View Prior Sale |
| 06/04/2019 06/04/19 | Pending | -- | -- | -- | |
| 05/13/2019 05/13/19 | For Sale | $224,000 | -- | $179 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $3,598 | $20,556 | $1,337 | $19,219 |
| 2024 | $3,598 | $20,556 | $1,337 | $19,219 |
| 2023 | $3,507 | $17,000 | $1,369 | $15,631 |
| 2022 | $3,507 | $17,000 | $1,369 | $15,631 |
| 2021 | $3,429 | $16,999 | $1,369 | $15,630 |
| 2020 | $2,707 | $12,152 | $649 | $11,503 |
| 2019 | $2,692 | $13,399 | $649 | $12,750 |
| 2018 | $2,647 | $13,399 | $649 | $12,750 |
| 2017 | $3,174 | $14,743 | $534 | $14,209 |
| 2016 | $2,953 | $14,743 | $534 | $14,209 |
| 2015 | $2,702 | $14,743 | $534 | $14,209 |
| 2014 | $3,071 | $16,551 | $458 | $16,093 |
| 2013 | $3,010 | $16,551 | $458 | $16,093 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Lomax
-
Jennifer Bell
Landlord's Co-Listing Agent in 2025
Jennifer Bell
Fulton Grace
(312) 714-2999
72 Total Sales
-
Darrell Green
D
Seller's Agent in 2019
Darrell Green
Publix Realty, Inc.
(773) 257-3533
-
J
Buyer's Agent in 2019
Jimal Gilbert
Keller Williams Elite
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12320892
APN: 20-02-105-030-1002
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