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809 E 40th St Unit 4-3
Condo
New
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$205,000

$241/sqft

809 E 40th St Unit 4-3, Chicago

83% below median
1 bd·1 ba·850 sqft
Built 1922Oakland

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

1 bd · 1 ba · 850 sqft Condo listed at $205,000, built in 1922 in the Oakland neighborhood.

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!

Property details

Price
$205,000
Bedrooms
1
Bathrooms
1
Interior
850 sqft
Price / sqft
$241
Year built
1922
Type
Condo
Days on market
17
Est. property tax
$4,264/yr · $355/mo · 2.08% IL avg
HOA
$224/mo
Last sold
$95,000 · Dec 2014

Estimated monthly payment

Down payment20% ($41,000)
Interest rate6.75%
Principal & Interest$1,064
Property Tax$188
Insurance$150
Total$1,402/mo

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Price history

$225K$103K$-19K$55K on Nov 13 (Initial list)$55K on Feb 14 (Initial list)$55K on May 14 (Price change)$55K on May 14 (Price change)$95K on Dec 14 (Sold)$175K on Aug 21 (Sold)$2K on May 23 (Price change)$2K on May 23 (Price change)$2K on May 23 (Price change)$2K on Apr 26 (Price change)$205K on Apr 26 (Initial list)
$55K · Nov 13$205K · Apr 26
  1. Apr 9, 2026$205,000Initial list price
  2. Apr 9, 2026$1,950Price change
  3. May 30, 2023$1,600Price change
  4. May 18, 2023$1,600Price change
  5. May 12, 2023$1,600Price change
  6. Aug 23, 2021$175,000Sold
  7. Dec 11, 2014$95,000Sold
  8. May 3, 2014$55,000Price change
  9. May 2, 2014$55,000Price change
  10. Feb 14, 2014$55,000Initial list price
  11. Nov 15, 2013$55,000Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60653)

This neighborhood is primarily renter-occupied (30% owner-occupied). Median age is 36.5; 21% hold a bachelor's degree; median household income is $35,136.

Median income
$35,136
Median age
36.5
Owner-occupied
29.5%
Bachelor's degree
20.9%
Census median home value
$342,400

Source: US Census Bureau American Community Survey 5-year estimates.

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