NOT LISTED FOR SALE

842 E 40th St Unit 2W Chicago, IL 60653

Oakland Neighborhood

Estimated Value: $332,542

3 Beds
2 Baths
-- Sq Ft
7,667 Sq Ft Lot

Sale Details

Date Sold: January 24, 2025

Last sale price $287,000

Est. 16% increase in value since last sale

Current estimated payment $2,246 / mo

122 Days on Market

Highlights

  • Open Floorplan
  • Whirlpool Bathtub
  • Stainless Steel Appliances
  • Wood Flooring
  • Granite Countertops
  • 1 Car Detached Garage

About This Home

As of January 2025

Discover this stunning 3-bedroom, 2-bathroom condo in the heart of Bronzeville. This luxurious unit boasts exposed brick, a cozy gas fireplace, and gleaming hardwood floors in the living areas, with brand-new carpeting in the bedrooms. Freshly painted throughout, the condo features a modern kitchen with stainless steel appliances, including a new stove and microwave, complemented by elegant granite countertops. Enjoy the comfort of central heating and air conditioning, along with the convenience of an in-unit washer and dryer. The property includes a large size porch, a garage space and is ideally situated just steps from 39th Street Beach, with easy access to Lake Shore Drive.

Last Agent to Sell the Property

Markell Bridges

Compass License #475177381 Listed on: 08/23/2024

Compass

Last Buyer's Agent

Jacob Reiner

Redfin Corporation License #475191364

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,943

Year Renovated

  • 2003

Lot Details

  • Additional Parcels

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Low-Rise Community

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,943

Year Renovated

2003

Lot Details

7,667 Sq Ft Lot

HOA Fees

$362 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2003
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2003

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan, Some Carpeting, Some Wood Floors, Dining Combo, Granite Counters, Some Storm Doors, Some Wall-To-Wall Cp
  • Other Equipment: CO Detectors, Ceiling Fan(s), Water Heater-Gas
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 362
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: TBD
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4943.48
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

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 23, 2024
Closed on
Jan 21, 2025
Sold by
Desponts Llc
Bought by
Seller's Agent
Markell Bridges
Compass
Buyer's Agent
Jacob Reiner
Redfin Corporation
List Price
$329,000
Sold Price
$287,000
Premium/Discount to List
-$42,000
-12.77%
Views
104
Current Estimated Value
$332,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,542
Avg. Annual Appreciation
9.40%
Original Mortgage
$281,801
Outstanding Balance
$276,998
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$55,544

Purchase Details

Closed on
Dec 20, 2012
Sold by
Hicks Jodina and Hicks Hoobler Jodina
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Oakland, IL

  • Chris Weichselbaum Real Estate Agent - Fulton Grace Realty

    Chris Weichselbaum

    Fulton Grace Realty

    (224) 212-1494

    96 Total Sales

    1 in Oakland

    $205,000 Price

    Chris Weichselbaum
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  • Nasimul Chowdhury Real Estate Agent - Keller Williams ONEChicago

    Nasimul Chowdhury

    Keller Williams ONEChicago

    (855) 505-0543

    15 Total Sales

    1 in Oakland

    $800,000 Price

    Nasimul Chowdhury
     Section Image
  • Lisa Foster Real Estate Agent - @properties Christie's International Real Estate

    Lisa Foster

    @properties Christie's International Real Estate

    (312) 313-5956

    120 Total Sales

    1 in Oakland

    $275,000 Price

    Lisa Foster
     Section Image
  • Timothy Good Real Estate Agent - Keller Williams Preferred Rlty

    Timothy Good

    Keller Williams Preferred Rlty

    (708) 729-5961

    210 Total Sales

    1 in Oakland

    $362,000 Price

    Timothy Good
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  • O'Neia Washington Real Estate Agent - O W Auction Group LLC

    O'Neia Washington

    O W Auction Group LLC

    (773) 923-3407

    59 Total Sales

    2 in Oakland

    $335,000 Price Range

    O'Neia Washington
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  • Tamika Marks Real Estate Agent - Trademarks & Associates

    Tamika Marks

    Trademarks & Associates

    (888) 589-1720

    267 Total Sales

    1 in Oakland

    $550,000 Price

    Tamika Marks
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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
$287,000 First American Title
Federal Home Loan Mortgage Corporation -- None Available
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 $281,801
Previous Owner Bridges Markell $100,000
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
01/24/2025 01/24/25 Sold $287,000 -0.2% --
12/23/2024 12/23/24 Pending -- -- --
12/02/2024 12/02/24 Price Changed $287,500 -3.5% --
10/29/2024 10/29/24 Price Changed $298,000 -3.9% --
09/10/2024 09/10/24 Price Changed $310,000 -5.8% --
08/23/2024 08/23/24 For Sale $329,000 0.0% --
03/16/2020 03/16/20 Rented $1,900 0.0% --
02/29/2020 02/29/20 For Rent $1,900 -- --
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 $89 $596 $64 $532
2024 $89 $596 $64 $532
2023 $86 $419 $64 $355
2022 $86 $419 $64 $355
2021 $118 $587 $64 $523
2020 $95 $425 $31 $394
2019 $94 $468 $31 $437
2018 $92 $468 $31 $437
2017 $73 $339 $25 $314
2016 $77 $384 $25 $359
2015 $70 $384 $25 $359
2014 $54 $290 $22 $268
2013 $79 $433 $22 $411
Source: Public Records

Agents Affiliated with this Home

  • Markell Bridges Real Estate Agent - Compass

    Seller's Agent in 2025

    Markell Bridges

    Compass

    (773) 791-2900

    1 in this area

    29 Total Sales

    Markell Bridges
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  • JR

    Buyer's Agent in 2025

    Jacob Reiner

    Redfin Corporation

    Jacob Reiner
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12143212

Midwest Real Estate Data (MRED)

APN: 20-02-102-037-1013

Illinois Cook County Chicago 60653 Oakland

842 E 40th St Unit 2W, 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

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