NOT LISTED FOR SALE

809 E 40th St Unit 4-3 Chicago, IL 60653

Oakland Neighborhood

Estimated Value: $161,000 - $211,000

1 Bed
1 Bath
850 Sq Ft
10,324 Sq Ft Lot

Last Sold August 23, 2021

Last sale price $175,000 $206 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $964/month

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 2023

Fall in love with this extremely rare soft loft in the heart of the Oakland neighborhood! This unit features exposed brick walls, steel duct work, ten foot high concrete ceilings, and hardwood flooring throughout. The open floor plan presents modern living that is perfect for entertaining guests. Loads of 42" gorgeous cabinetry, accented by a full stainless steel appliance package which includes a beverage cooler. Bath features a deep soaker tub! In-unit laundry, spacious bedroom. Relax on the unit's east facing concrete balcony with an unobstructed view of Drexel Blvd. Heated garage with assigned parking is included in rent price! Near Oakwood Beach (Lake Shore Drive), parks, tennis court, running track, Mariano's Grocery, Whole Foods Market, LA Fitness and so much more! Driving is 13 minutes to reach Downtown! Schedule a private showing today!

Last Agent to Rent the Property

Monique Neal

Compass License #475177394 Listed on: 05/12/2023

Compass

Last Renter's Agent

LeRoi Catlin

Kale Realty License #475182518

Kale Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1921 | Remodeled in 2020

Lot Details

  • 10,324

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 850 Sq Ft Home
  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Gas Log Fireplace
  • 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

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Door Monitored By TV

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 6/1/23
  • 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
  • Storm Screens
  • Carbon Monoxide Detectors

Amenities

  • Elevator

Condo Details

Home Type

Condominium

Year Built

Built in 1921 | Remodeled in 2020

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2023-06-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1600
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Refundable Damage Deposit
  • Max Pet Weight: 15

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Subdivision Name: Bronzeville
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2020
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Intercom, Gas Oven
  • Basement: None
  • Accessibility Features: Door Width 32 Inches or More, Hall Width 36 Inches or More, Lever Door Handles, Entry Slope less than 1 foot, No Interior Steps, Wheelchair Accessible
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Ceiling - 10 Foot, Open Floorplan, Granite Counters
  • LivingArea: 850
  • Other Equipment: CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, Door Monitored By TV, Cable Access
  • Lot Features: Sidewalks, Streetlights
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Elevator(s), Security Door Lock(s)
  • Rent Includes: Water, Parking, Scavenger, Exterior Maintenance, Snow Removal
  • Management: Manager Off-site

Lot Info

  • Lot Dimensions: 70X150X70X150

Multi Family

  • Units in Building: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 16, 2021
Sold by
Ball Nicole L
Bought by
Jackson Maya
Seller's Agent
Aaron McDonald
Coldwell Banker Realty
Buyer's Agent
Monique Neal
Compass
List Price
$165,000
Sold Price
$175,000
Premium/Discount to List
$10,000
6.06%
Current Estimated Value
$158,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,658
Avg. Annual Appreciation
0.29%
Original Mortgage
$169,750
Outstanding Balance
$153,279
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$23,925

Purchase Details

Closed on
Dec 1, 2006
Sold by
809 40Th Street Inc
Bought by
Ball Nicole C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jackson Maya $175,000 First American Title
Ball Nicole C $185,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Maya $169,750
Previous Owner Ball Nicole C $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2023 05/30/23 Rented $1,700 +6.3% --
05/18/2023 05/18/23 Off Market $1,600 -- --
05/12/2023 05/12/23 For Rent $1,600 0.0% --
08/23/2021 08/23/21 Sold $175,000 +6.1% $206 / Sq Ft View Prior Sale
07/01/2021 07/01/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $165,000 -- $194 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $1,626 $13,333 $867 $12,466
2024 $1,626 $13,333 $867 $12,466
2023 $2,269 $11,000 $888 $10,112
2022 $2,269 $11,000 $888 $10,112
2021 $1,547 $10,999 $888 $10,111
2020 $1,065 $7,882 $421 $7,461
2019 $1,057 $8,691 $421 $8,270
2018 $1,038 $8,691 $421 $8,270
2017 $760 $6,908 $346 $6,562
2016 $892 $6,953 $346 $6,607
2015 $782 $5,963 $346 $5,617
2014 $1,515 $10,735 $297 $10,438
2013 $1,474 $10,735 $297 $10,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11781684

Midwest Real Estate Data (MRED)

APN: 20-02-105-030-1010