$1,895,000
NEW CONSTRUCTION $105K PRICE DROP

1340 W Chestnut St Unit 401 Chicago, IL 60642

West Town Neighborhood

Estimated payment $12,968/month

Total Views 15,211
5 Beds
4.5 Baths
4,200 Sq Ft
$451 Price per Sq Ft

Highlights

  • New Construction
  • Radiant Floor
  • High Ceiling
  • Open Floorplan
  • Main Floor Bedroom
  • 2-minute walk to Eckhart (Bernard) Park

About This Home

Premier new construction boutique elevator building overlooking Eckhart Park with sprawling 4200 sf floor plan all on one level making it an amazing single family home alternative. Residence 401 is the best unit in the building with an unprecedented 53 ft width, sunny southern and eastern exposure with dramatic skyline views, ideal corner unit layout with 4 bedroom + den + family room, 4.5 bathrooms and panoramic green views of the park with protected views of the Chicago skyline. Incredibly spacious living area with wide plank flooring, floor-to-ceiling windows, and feature wall with gas fireplace. High end chef's kitchen with custom full height cabinetry, top of the line integrated appliances including SubZero and Miele, a wine fridge plus two additional fridge drawers, quartz countertops & full height backsplash, and a plethora of storage including a walk-in pantry. Secondary family room with wet bar and beverage center. 4 generously sized en-suite bedrooms each separated for privacy plus an additional den with french doors perfect for home office or gym. Substantial primary suite with large walk-in closet, and spa-like bathroom with heated floors, water closet, oversized shower, and separate soaking tub. Full laundry room with side-by-side W/D and sink. This home boasts three sizable outdoor terraces with wood tile and synthetic turf. Two adjacent parking spaces in the attached heated garage included in the price. Hot Noble Square/West Town neighborhood, conveniently located minutes from downtown with Michelin Star restaurants, boutiques, and cafes within walking distance yet tucked away on a quiet tree lined street facing the park.

Listing Agent

Jeffrey Lowe

Compass License #475154506 Listed on: 02/26/2026

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2025 | New Construction

HOA Fees

  • $1,026 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Parking Available
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction
  • Stone Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,200 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Storage Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Balcony

Schools

  • Otis Elementary School
  • Wells Community Academy Senior H High School

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, security, exterior maintenance, scavenger, snow removal
  • 17 Units
  • Oor Association
  • Property managed by OOR
  • 5-Story Property

Amenities

  • Package Room
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 2025 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$1,026 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 4
  • New Construction: Yes
  • Property Sub-Type: Condo
  • Year Built: 2025
  • Age: NEW Ready for Occupancy
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: 4098
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Cooktop, Range Hood, Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Wet Bar, Elevator, 1st Floor Bedroom, 1st Floor Full Bath, Storage, Walk-In Closet(s), High Ceilings, Open Floorplan, Dining Combo, Pantry
  • LivingArea: 4200
  • Room Type: Balcony/Porch/Lanai, Storage, Pantry, Foyer, Walk In Closet, Great Room, Bedroom 5
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Stone, Concrete
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Heated Garage, Garage, Yes, Garage Owned, Attached
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Radiant Floor
  • Laundry Features: Main Level, Washer Hookup, Gas Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1026
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Receiving Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: OOR
  • Management Contact Name: OOR
  • Management Phone: 555-555-5555

Fee Information

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

Schools

  • Elementary School: Otis Elementary School
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Otis Elementary School

Lot Info

  • Lot Dimensions: PER SURVEY
  • 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 Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 17

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2026 03/18/26 Price Changed $1,895,000 -5.3% $451 / Sq Ft
02/26/2026 02/26/26 For Sale $2,000,000 -- $476 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12578277

Midwest Real Estate Data (MRED)
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