NOT LISTED FOR SALE

809 E 40th St Unit 4-5 Chicago, IL 60653

Oakland Neighborhood

Estimated Value: $223,000 - $255,000

2 Beds
2 Baths
1,300 Sq Ft
$288/mo HOA Fee

Last Sold January 31, 2019

Last sale price $229,000 $176 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,737/month

68 Days on Market

Highlights

  • Property is near park
  • Whirlpool Bathtub
  • Attached Garage
  • Wood Flooring
  • Balcony
  • 5-minute walk to Mandrake Park

About This Home

As of January 2019

WELCOME HOME! This gorgeous elevator corner loft condominium features the finest in finishes and craftsmanship. The exposed timber and concrete ceiling offers a sense of privacy coupled with exposed brick and 9-ft ceilings. Open concepts floor plan features stainless steel appliances, granite counter-tops, 2 sizable balcony with a heated garage space. Short commute to stores, public transportation, the lake and downtown Chicago. Learn how simple it is to buy for less than rent.

Last Agent to Sell the Property

Sybil Martin

Coldwell Banker Realty License #471008659 Listed on: 10/10/2018

Coldwell Banker Realty

Co-Listed By

Paulette Edwards

Coldwell Banker Realty License #471011238

Last Buyer's Agent

Aaron McDonald

Coldwell Banker Realty License #475143963

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Lot Details

  • 10,324

HOA Fees

  • $288 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Location

  • Property is near park
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Balcony
  • East or West Exposure

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$288 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 5
  • Age: Unknown
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Type Attached: Condo, Mid Rise (4-6 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Wine Cooler/Refrigerator
  • Equipment: TV-Cable, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Balcony, Dimensions: 14X4, On Level: Main Level
  • Bedroom 2: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1300
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Storms/Screens
  • Exposure: N (North), E (East), W (West), City, Park

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 288
  • Management Contact Name: Manager
  • Management Phone: 800-901-5431

Fee Information

  • Management Company: West Ward

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON GROUNDS
  • Parcel Identification Number: 20021050301012

Multi Family

  • Total Number Unitsin Building: 23
  • Number Stories: 5

Tax Info

  • Taxes: 2105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2024
Sold by
Mead Frederick
Bought by
Frederick L Mead Irrevocable Trust and Burt
Current Estimated Value
$236,548

Purchase Details

Closed on
Jul 2, 2024
Sold by
Mead Frederick and Terry Brandy Nicole
Bought by
Mead Frederick

Purchase Details

Closed on
Jan 1, 2021
Sold by
Mead Frederick
Bought by
Mead Frederick and Terry Brandy Nicole

Purchase Details

Listed on
Oct 10, 2018
Closed on
Jan 29, 2019
Sold by
Holmes Greta Gray and Holmes Jeanine F
Bought by
Mead Frederick L
Seller's Agent
Sybil Martin
Coldwell Banker Realty
Buyer's Agent
Aaron McDonald
Coldwell Banker Realty
List Price
$249,000
Sold Price
$229,000
Premium/Discount to List
-$20,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$171,750
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2017
Sold by
Holmes Greta Gray
Bought by
Holmes Greta Gray and Holmes Jeanine F

Purchase Details

Closed on
Jun 14, 2007
Sold by
809 40Th Street Inc
Bought by
Holmes Greta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,920
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Frederick L Mead Irrevocable Trust -- None Listed On Document
Mead Frederick -- None Listed On Document
Mead Frederick -- First American Title Ins Co
Mead Frederick L $229,000 First American Title Insuran
Holmes Greta Gray -- Attorney
Holmes Greta $260,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mead Frederick L $171,750
Previous Owner Holmes Greta $207,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $229,000 0.0% $176 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
10/31/2018 10/31/18 Price Changed $229,000 -8.0% $176 / Sq Ft
10/10/2018 10/10/18 For Sale $249,000 -- $192 / 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 $2,547 $21,667 $1,409 $20,258
2024 $2,547 $21,667 $1,409 $20,258
2023 $2,443 $18,001 $1,444 $16,557
2022 $2,443 $18,001 $1,444 $16,557
2021 $2,421 $17,999 $1,443 $16,556
2020 $1,610 $12,809 $684 $12,125
2019 $1,051 $14,124 $684 $13,440
2018 $1,035 $14,124 $684 $13,440
2017 $963 $11,226 $563 $10,663
2016 $2,105 $15,540 $563 $14,977
2015 $2,024 $15,540 $563 $14,977
2014 $2,099 $16,087 $483 $15,604
2013 $2,106 $16,087 $483 $15,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10110510

Midwest Real Estate Data (MRED)

APN: 20-02-105-030-1012