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40 E Cedar St

40 E Cedar St

40 E Cedar St
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

77 Units
23 Stories
1970 Year Built
$196K - $418K Value Range

Available Units

For Sale
No Units Available
For Rent

Highlights

  • Doorman
  • Lincoln Park High School Rated A
  • Water Views
  • Fitness Center
  • Elevator
  • 2 min walk to Mariano (Louis) Park

Gothic Revival elegance in the heart of Chicago's Gold Coast

40 E Cedar Street stands as a distinctive presence in Chicago's prestigious Gold Coast neighborhood. This 23-story condominium, completed in 1970, houses 77 units within its Gothic Revival-inspired structure. The building's architectural style pays homage to a bygone era, with pointed arch windows and intricate brickwork that set it apart from its more modern neighbors. Situated on a tree-lined street, the condominium offers residents a blend of historic charm and contemporary living, just steps away from some of Chicago's most coveted attractions and amenities.

Diverse layouts with panoramic city and lake views

40 E Cedar Street offers a range of floor plans to suit various lifestyles, from cozy studios to spacious four-bedroom units. The studio apartments, measuring approximately 600 square feet, provide an efficient living space for singles or those seeking a pied-à-terre in the city. One-bedroom units, spanning 800 to 900 square feet, are available for around $290,000 and feature one bathroom, making them ideal for young professionals or couples. For those requiring more space, the two-bedroom units range from 1,018 to 1,350 square feet, with two bathrooms and sale prices between $305,000 and $375,000. These larger apartments often boast open-concept living areas, perfect for entertaining or family living. The crown jewels of the building are the four-bedroom units, expansive at approximately 2,300 square feet, with three and a half bathrooms, offering the ultimate in urban luxury living. Many units in the building have been thoughtfully updated over the years. Residents can expect to find a mix of classic and contemporary finishes, including hardwood floors, updated kitchens with stainless steel appliances, and granite countertops. Some units feature floor-to-ceiling windows that frame stunning views of the Chicago skyline or Lake Michigan, while others offer private balconies for outdoor relaxation. The monthly HOA fees, ranging from $800 to $1,100, cover a comprehensive list of amenities and services. These include heat, air conditioning, water, gas, insurance, doorman services, TV/cable, exercise facilities, exterior maintenance, scavenger services, snow removal, and internet access. This all-inclusive approach to building management ensures residents can enjoy a worry-free lifestyle in one of Chicago's most desirable neighborhoods.

Rooftop retreats and modern conveniences

40 E Cedar Street offers a suite of amenities designed to enhance the urban living experience. The building's crowning feature is its rooftop deck, complete with shared grills, providing residents with a perfect spot for summer barbecues or simply taking in the breathtaking views of the Chicago skyline and Lake Michigan. For those looking to stay active without leaving home, the on-site exercise room offers a convenient fitness solution. Social gatherings and private events can be hosted in the building's party room, offering a space for residents to connect with neighbors or celebrate special occasions. Each resident is allocated a private storage unit, helping to maximize living space within individual apartments. Security and convenience are prioritized with 24-hour door staff, ensuring a safe and welcoming environment for residents and their guests. The package room simplifies the process of receiving deliveries, a valuable amenity in the age of online shopping. For those with vehicles, the building offers leased garage parking, a rarity in this densely populated urban area. On-site management and a 24-hour building engineer provide peace of mind, addressing any maintenance concerns promptly and efficiently. Additional amenities include a bicycle storage area, catering to the needs of eco-conscious residents who prefer two-wheel transportation. The building's secured entry system adds an extra layer of safety, while the laundry facilities offer convenience for day-to-day living. These thoughtfully curated amenities and services create a comfortable and hassle-free living environment, allowing residents to fully enjoy the vibrant Gold Coast lifestyle.

Historic charm meets urban sophistication

The Gold Coast neighborhood, where 40 E Cedar Street is located, is renowned for its blend of historic elegance and modern urban living. Developed in the late 19th century by some of Chicago's most elite families, the area has retained its grandeur and prestige over the decades. Tree-lined streets, historic mansions, and high-rise condominiums create a diverse and visually striking urban landscape. One of the neighborhood's greatest assets is its proximity to Lake Michigan and its beaches. Oak Street Beach, just a short walk from the building, offers a sandy oasis within the city, complete with volleyball courts and a picturesque backdrop of the Chicago skyline. The Lakefront Trail, extending 19 miles along the shore, provides an excellent route for joggers, cyclists, and those seeking a leisurely stroll by the water. For shopping enthusiasts, the Gold Coast doesn't disappoint. The nearby Magnificent Mile, Chicago's premier commercial district, is home to a plethora of high-end retailers and department stores. Residents can explore luxury boutiques at 900 North Michigan Shops or browse through the diverse offerings at Water Tower Place, both within walking distance of 40 E Cedar Street. Culinary options abound in the neighborhood, catering to all tastes and occasions. From the upscale steakhouse experience at Gibson's to the innovative American cuisine at Somerset, residents have access to some of Chicago's finest dining establishments. For more casual fare, local favorites like the historic Billy Goat Tavern offer a taste of classic Chicago. Green spaces punctuate the urban landscape, providing tranquil retreats within the bustling city. Washington Square Park, a short walk from the building, offers a shaded respite with its large fountain and floral gardens. Nearby Seneca Park provides a fenced play area for children, making it a popular spot for families in the neighborhood. Cultural attractions are also within easy reach. The Porchlight Music Theatre hosts plays and off-Broadway shows, while the broader downtown area is home to world-class museums, theaters, and concert venues. Seasonal events like the Chicago Blues and Jazz Festivals in nearby Grant Park draw music lovers from around the world. The Gold Coast's prime location means that residents of 40 E Cedar Street are never far from the action, whether it's a day at the beach, a shopping spree on Michigan Avenue, or a night out at one of the area's renowned restaurants or bars. This vibrant, walkable neighborhood offers the perfect blend of historic charm and contemporary urban living.

Effortless connectivity in a highly walkable locale

The Gold Coast neighborhood, and 40 E Cedar Street in particular, boasts exceptional transportation options that cater to various preferences and needs. The area's high walkability score reflects the ease with which residents can access daily necessities, entertainment, and services on foot. Many errands and leisure activities can be accomplished without the need for a vehicle, making this location ideal for those who prefer an active, urban lifestyle. For those venturing beyond the immediate neighborhood, public transportation is readily available and efficient. The Chicago Transit Authority (CTA) operates several bus routes in close proximity to the building. The State & Elm bus stop, less than a five-minute walk away, serves the Broadway line, while the Lake Shore & Cedar stop, equally close, connects to the Sheridan line. These bus routes provide convenient access to other parts of the city, including downtown Chicago. Rail transportation is also easily accessible. The Clark/Division Station, served by the CTA Red Line, is about a five-minute walk from 40 E Cedar Street. This line offers quick connections to downtown, the Loop, and other major areas of the city. For those needing access to the Brown and Purple Lines, the Chicago Avenue Station is within a 15-minute walk or a short drive. Cyclists will appreciate the neighborhood's bike-friendly infrastructure. With dedicated bike lanes and the nearby Lakefront Trail, cycling is a viable option for both commuting and leisure. The building's bicycle storage amenity further supports this eco-friendly mode of transportation. For trips requiring air travel, both of Chicago's major airports are within reach. Chicago Midway International Airport is about a 25-minute drive, while Chicago O'Hare International Airport can typically be reached in about the same time, traffic permitting. Residents who own cars will find the building's leased garage parking a valuable asset, given the scarcity of parking in this dense urban area. However, the abundance of transportation options and the neighborhood's walkability mean that car ownership is far from necessary for comfortable living at 40 E Cedar Street. The combination of walkability, robust public transit options, and easy access to major transportation hubs makes 40 E Cedar Street an excellent choice for those seeking a well-connected urban lifestyle. Whether commuting to work, exploring the city, or traveling beyond Chicago, residents have a wealth of convenient transportation options at their doorstep.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Fitness Center
  • Bike Trail

Outdoor Features

  • Sundeck
  • Building Patio
  • Common Area

Amenities

  • Water Views
  • Doorman
  • Party Room
  • Coin Laundry
  • Package Room
  • Community Storage Space
  • Resident Manager or Management On Site

Parking

  • 1 Garage Space Per Unit
  • 1 Car Attached Garage
  • On-Site Parking

Pet Policy

  • Pets up to 35 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Condo Association

  • $1,092 Monthly HOA Fees
  • Monthly HOA Fees Range from $791 - $1,100
  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • Adam Pizzitola Association, Phone Number (312) 266-6073
  • Property managed by Sudler

Building Design

  • Elevator
  • High-Rise Condominium

Unit Features

  • Open Floorplan
  • Laundry Room
  • Balcony

Unit Information

Unit
15E
Beds
Studio
Baths
1 Bath
Sq Ft
605
Rent
$1,830
Availability
10/03/2024

Unit Size and Value Ranges

Studio Units
Sq Ft Range
605 - 1,200
Est. Values
$222,359 - $418,275
1 Bedroom Units
Sq Ft Range
875 - 900
Est. Values
$196,116 - $271,556
2 Bedroom Units
Sq Ft Range
1,018 - 1,350
Est. Values
$285,566 - $380,648
4 Bedroom Units
Sq Ft Range
2,300
Est. Values
$397,874
All Units
Sq Ft Range
605 - 2,300
Est. Values
$196,116 - $418,275

Map

Area Factors

Low Crime

Crime Score®

3 / 10

Very Bikeable

Bike Score®

84 / 100

Walker's Paradise

Walk Score®

99 / 100

Rider's Paradise

Transit Score®

90 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

68 / 100

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Air Pollution®

N/A / 10

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Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$12K - $88K
Range of Taxes in Building
$103 - $8,433
Range of Taxes per Sq Ft
$0.09 - $5.14

Property Tax History

Source: Public Records
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 and should be independently verified.