$205,000

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

Oakland Neighborhood

Estimated payment $1,550/month

Total Views 2,108
1 Bed
1 Bath
850 Sq Ft
$241 Price per Sq Ft

Highlights

  • Very Popular Property
  • Balcony
  • Living Room
  • Wood Flooring
  • 1 Car Attached Garage
  • 5-minute walk to Mandrake Park

About This Home

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!

Listing Agent

Monique Neal

Compass License #475177394 Listed on: 04/09/2026

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,864

Year Built

  • Built in 1922 | Remodeled in 2014

HOA Fees

  • $224 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 850 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Additional Features

  • Balcony
  • Additional Parcels
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 21 Units
  • Ned Pelinkaj Association, Phone Number (312) 414-1105
  • Property managed by Property Hill Management
  • 5-Story Property

Pet Policy

  • Pets up to 15 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,864

Year Built

Built in 1922 | Remodeled in 2014

Lot Details

0 Sq Ft Lot

HOA Fees

$224 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 4
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Renovated: 2014

Interior Features

  • Basement: None
  • Accessibility Features: Main Level Entry
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 850
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 224
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Hill Management
  • Management Contact Name: Ned Pelinkaj
  • Management Phone: 312-414-1105

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: Condo
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 15

Tax Info

  • Tax Annual Amount: 2864.5
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 21

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2026 04/09/26 For Sale $205,000 0.0% $241 / Sq Ft
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)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $175,000 First American Title
Warranty Deed $185,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,750 New Conventional
Previous Owner $185,000 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12599403

Midwest Real Estate Data (MRED)

APN: 20-02-105-030-1010

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