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  5. 40 E Cedar Street
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40 E Cedar Street

40 E Cedar Street, Chicago, IL, 60611

YEAR BUILT

1970

# STORIES

74

# TOTAL UNITS

44

UNIT SIZE RANGE

2,350-2,450 sqft

Description

The building at 40 E Cedar Street stands tall in Chicago. It is a high-rise structure with 74 stories and 44 units. Built in 1970, this place has a lot of room and offers various layout options, ranging from 2,350 to 2,450 square feet. Prices for the units vary widely, falling between $410,000 and $533,027. Recent sales showed an average closed price of $216,250. The average price per square foot is about $214. An average of 99 days on the market gives buyers plenty of time to explore their options. This building includes various amenities to enhance the living experience. Features like a sundeck, exercise room, and party room are available for residents. There’s also a bike room and bike trails, perfect for those who enjoy being outdoors. Residents can enjoy a water view that adds to the charm of the building. The neighborhood around the building enhances everyday life. It includes The Original Pancake House, Homemade Pizza, and Corner Bakery Cafe just a short walk away. These places provide great options for breakfast, lunch, and dinner. Parking is available, making it easier for residents to get around. The local roads allow for straightforward travel to nearby venues. The accessibility to major roads will benefit those commuting in and out of the area. Living in this building combines convenience and comfort. It offers modern living without losing the sense of community. A great lifestyle in an active neighborhood awaits anyone who decides to make this their home.

Building ImageMLS ID #12315477
Building ImageMLS ID #12219181
Building Image
Building ImageView Listing

40 E Cedar Street

40 E Cedar Street, Chicago, IL, 60611

YEAR BUILT

1970

# STORIES

74

# TOTAL UNITS

44

UNIT SIZE RANGE

2,350-2,450 sqft

Description

The building at 40 E Cedar Street stands tall in Chicago. It is a high-rise structure with 74 stories and 44 units. Built in 1970, this place has a lot of room and offers various layout options, ranging from 2,350 to 2,450 square feet. Prices for the units vary widely, falling between $410,000 and $533,027. Recent sales showed an average closed price of $216,250. The average price per square foot is about $214. An average of 99 days on the market gives buyers plenty of time to explore their options. This building includes various amenities to enhance the living experience. Features like a sundeck, exercise room, and party room are available for residents. There’s also a bike room and bike trails, perfect for those who enjoy being outdoors. Residents can enjoy a water view that adds to the charm of the building. The neighborhood around the building enhances everyday life. It includes The Original Pancake House, Homemade Pizza, and Corner Bakery Cafe just a short walk away. These places provide great options for breakfast, lunch, and dinner. Parking is available, making it easier for residents to get around. The local roads allow for straightforward travel to nearby venues. The accessibility to major roads will benefit those commuting in and out of the area. Living in this building combines convenience and comfort. It offers modern living without losing the sense of community. A great lifestyle in an active neighborhood awaits anyone who decides to make this their home.

Next

Description

The building at 40 E Cedar Street stands tall in Chicago. It is a high-rise structure with 74 stories and 44 units. Built in 1970, this place has a lot of room and offers various layout options, ranging from 2,350 to 2,450 square feet. Prices for the units vary widely, falling between $410,000 and $533,027. Recent sales showed an average closed price of $216,250. The average price per square foot is about $214. An average of 99 days on the market gives buyers plenty of time to explore their options. This building includes various amenities to enhance the living experience. Features like a sundeck, exercise room, and party room are available for residents. There’s also a bike room and bike trails, perfect for those who enjoy being outdoors. Residents can enjoy a water view that adds to the charm of the building. The neighborhood around the building enhances everyday life. It includes The Original Pancake House, Homemade Pizza, and Corner Bakery Cafe just a short walk away. These places provide great options for breakfast, lunch, and dinner. Parking is available, making it easier for residents to get around. The local roads allow for straightforward travel to nearby venues. The accessibility to major roads will benefit those commuting in and out of the area. Living in this building combines convenience and comfort. It offers modern living without losing the sense of community. A great lifestyle in an active neighborhood awaits anyone who decides to make this their home.

40 E Cedar Street Market Stats Last 12 months

Avg. Listed Price$421,000($244/Sqft.)
Avg. Sale Price$216,250($214/Sqft.)
Year over year list priceUp Arrow35.49%
Year over year sale priceDown Arrow 34.42%
Total Listings2 Listed
Total sold2 Sold
Average Days on Market99 days
Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list priceUp Arrow35.49%
Year over year sale priceDown Arrow34.42%
Total Listings2 Listed
Total sold2 Sold
Average Days on Market99 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

40 E Cedar Street Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 19A19A120022462023-12-15
MLS#: 11919456 		Closed$375,000
Unit 8CD8CD240044542021-09-08
MLS#: 11158740 		Closed$533,027
Unit 8CD8CD2300331062012-07-17
MLS#: 08032545 		Closed$410,000
Unit 19A
19A

2 Beds

2 Baths

1200 sqft

DateStatusPrice
2023-12-15Closed$375,000
MLS#: 11919456
Days On Market46
Unit 8CD
8CD

4 Beds

4 Baths

2400 sqft

DateStatusPrice
2021-09-08Closed$533,027
MLS#: 11158740
Days On Market54
Unit 8CD
8CD

3 Beds

3 Baths

2300 sqft

DateStatusPrice
2012-07-17Closed$410,000
MLS#: 08032545
Days On Market106
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at 40 E Cedar Street means you’ll enjoy a suite of fantastic amenities designed for modern living. From an invigorating exercise room to a refreshing sundeck, you’ll have plenty of options to stay active and socialize. There’s even a party room for those special gatherings with friends and family. For pet lovers, the condo welcomes cats and neutered or declawed dogs, making it a cozy haven for your furry friends. Plus, the convenience of laundry services and a bike room is a big plus for those who enjoy cycling around the city!

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Amenities Description

Living at 40 E Cedar Street means you’ll enjoy a suite of fantastic amenities designed for modern living. From an invigorating exercise room to a refreshing sundeck, you’ll have plenty of options to stay active and socialize. There’s even a party room for those special gatherings with friends and family. For pet lovers, the condo welcomes cats and neutered or declawed dogs, making it a cozy haven for your furry friends. Plus, the convenience of laundry services and a bike room is a big plus for those who enjoy cycling around the city!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Water View

Water View

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Door Person

Door Person

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

When considering a purchase, it’s important to note the policies in place at 40 E Cedar. There’s a limit on the number of pets you can have, and specific requirements regarding deposits and unit sizes. These policies help maintain a peaceful community where everyone can feel comfortable and secure.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
40 E Cedar Street$214/sqft.$2 /sqft.
40 E Cedar St Unit 8cd$214/sqft.$2 /sqft.
33 E Cedar St$262/sqft.$1 /sqft.
33 E Cedar Street$257/sqft.$1 /sqft.
20 East Cedar Condominiums$382/sqft.$2 /sqft.
20 E Cedar St$382/sqft.$2 /sqft.

Nearby Schools

40 E Cedar Street is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|0.2 miles away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|0.37 miles away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|0.37 miles away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|0.43 miles away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|0.55 miles away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|0.57 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

40 E Cedar Street is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|Less than 1 Mile Away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|Less than 1 Mile Away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|Less than 1 Mile Away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|Less than 1 Mile Away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|Less than 1 Mile Away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|Less than 1 Mile Away

Immaculate Conception School

--
Private|Grades PK–8
363 W Hill St|Less than 1 Mile Away

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller St|Less than 1 Mile Away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|Less than 1 Mile Away

Manierre Elementary School

F
Public|Grades PK–8
1420 N Hudson Ave|Less than 1 Mile Away

Skinner North Elementary School

A
Public|Grades KG–8
640 W Scott St|Less than 1 Mile Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|Less than 1 Mile Away

Skinner Elementary School

A
Public|Grades PK–5
111 S Throop St|1.01 Miles Away

Cics - Quest North Campus

F
Public|Grades 9–12
1443 N Ogden Ave|1.01 Miles Away

Noble St Charter-the Noble Academy

A
Public|Grades 9–12
1443 N Ogden Ave|1.02 Miles Away

Jenner Elementary Academy of the Arts

--
Public|Grades PK–8
|1.07 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|1.19 Miles Away

Gce Lab School

--
Private|Grades 9–12
1535 N Dayton St|1.23 Miles Away

Fusion Academy Lp: Chicago- Lincoln Park

--
Private|Grades 6–12
1440 N Dayton St S...|1.24 Miles Away

Newberry Elementary Math & Science Academy

B-
Public|Grades PK–8
700 W Willow St|1.28 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.37 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.39 Miles Away

Lincoln Park High School

B+
Public|Grades 9–12
2001 N Orchard St|1.50 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.52 Miles Away

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|1.73 Miles Away

St James Lutheran School

--
Private|Grades PK–8
2101 N Fremont St|1.73 Miles Away

Lincoln Elementary School

A+
Public|Grades KG–8
615 W Kemper Pl|1.77 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.79 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.80 Miles Away

St Stanislaus Kostka School

--
Private|Grades PK–8
1255 N Noble St|1.82 Miles Away

Noble St Charter-Noble Campus

A+
Public|Grades 9–12
1010 N Noble St|1.86 Miles Away

Noble St Charter Rauner College Preparatory

A
Public|Grades 9–12
1337 W Ohio St|1.91 Miles Away

Holy Trinity High School

--
Private|Grades 9–12
1443 W Division St|1.94 Miles Away

Near North Montessori

--
Private|Grades PK–8
1434 W Division St|1.95 Miles Away

Rowe Elementary School

C-
Public|Grades KG–8
1424 N Cleaver St|1.98 Miles Away

Noble St Charter-Golder College Preparatory

A
Public|Grades 9–12
1454 W Superior St|2.00 Miles Away

Transit

40 E Cedar Street is located in a well-connected part of Gold Coast, Chicago, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

1700 N Halsted

1.28 miles away|25 min walk

1900 N Halsted

1.45 miles away|28 min walk

300 W Division

0.51 miles away|10 min walk

311 W Division

0.48 miles away|10 min walk

320 N LaSalle

1.01 miles away|20 min walk

321 N LaSalle

1 miles away|20 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

40 E Cedar Street is located in a well-connected part of Gold Coast, Chicago, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

1700 N Halsted

1.28 miles away|25 min walk

1900 N Halsted

1.45 miles away|28 min walk

300 W Division

0.51 miles away|10 min walk

311 W Division

0.48 miles away|10 min walk

320 N LaSalle

1.01 miles away|20 min walk

321 N LaSalle

1 miles away|20 min walk

333 S Franklin Street (Chicago)

1.8 miles away|35 min walk

350 S. Clark Street (Chicago)

1.74 miles away|34 min walk

530 W Grand

1.12 miles away|22 min walk

700 W Chicago

1.08 miles away|21 min walk

Adams & Canal

1.72 miles away|33 min walk

Adams & Clark

1.6 miles away|31 min walk

Adams & State

1.59 miles away|31 min walk

Adams & S. Wacker

1.67 miles away|32 min walk

Adams & Wabash

1.58 miles away|31 min walk

Adams/Wabash

1.59 miles away|31 min walk

Adams & Wells

1.63 miles away|32 min walk

AM Michigan & Randolph (Chicago)

1.24 miles away|24 min walk

Armitage

1.71 miles away|33 min walk

Armitage (Brown/Purple)

1.71 miles away|33 min walk

Armitage & Clark

1.2 miles away|23 min walk

Armitage & Cleveland

1.31 miles away|26 min walk

Armitage & Fremont

1.64 miles away|32 min walk

Armitage & Halsted

1.55 miles away|30 min walk

Armitage & Larrabee

1.39 miles away|27 min walk

Armitage & Lincoln/Sedgwick

1.25 miles away|25 min walk

Armitage & Orchard

1.47 miles away|29 min walk

Armitage & Seminary

1.82 miles away|35 min walk

Armitage Station (Brown Line)

1.7 miles away|33 min walk

Canal & Madison

1.55 miles away|30 min walk

Canal & Randolph

1.42 miles away|28 min walk

Canal & Randolph/Washington

1.47 miles away|29 min walk

Cannon & Nature Museum/Fullerton

1.74 miles away|34 min walk

Chestnut & Lake Shore Drive

0.52 miles away|10 min walk

Chestnut & Mies Van Der Rohe

0.35 miles away|7 min walk

Chicago & Bishop

1.97 miles away|38 min walk

Chicago (Blue)

1.53 miles away|30 min walk

Chicago-Blue

1.53 miles away|30 min walk

Chicago-Brown

0.61 miles away|12 min walk

Chicago (Brown/Purple)

0.61 miles away|12 min walk

Chicago & Clark

0.46 miles away|9 min walk

Chicago & Elizabeth

1.74 miles away|34 min walk

Chicago & Fairbanks

0.52 miles away|10 min walk

Chicago & Franklin (Brown line)

0.6 miles away|12 min walk

Chicago & Greenview

2 miles away|39 min walk

Chicago & Halsted

1.13 miles away|22 min walk

Chicago & Hudson

0.78 miles away|15 min walk

Chicago & Larrabee

0.91 miles away|18 min walk

Chicago & LaSalle

0.5 miles away|10 min walk

Chicago & Michigan

0.41 miles away|8 min walk

The Neighbourhood: Gold Coast

The Gold Coast, located in Cook County, IL, exudes historical elegance and contemporary luxury. This prestigious neighborhood is renowned for its magnificent mansions, luxury high-rises, and tree-lined streets. Residents and visitors can indulge in upscale shopping, gourmet dining, and vibrant nightlife. Cultural landmarks and pristine lakeside parks add to its allure. The area's strategic location offers seamless access to Lake Shore Drive, making commuting a breeze. Public transportation options are plentiful, providing easy connectivity to the rest of Chicago.

Next

Neighbourhood Description

The Gold Coast, located in Cook County, IL, exudes historical elegance and contemporary luxury. This prestigious neighborhood is renowned for its magnificent mansions, luxury high-rises, and tree-lined streets. Residents and visitors can indulge in upscale shopping, gourmet dining, and vibrant nightlife. Cultural landmarks and pristine lakeside parks add to its allure. The area's strategic location offers seamless access to Lake Shore Drive, making commuting a breeze. Public transportation options are plentiful, providing easy connectivity to the rest of Chicago.

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40 E Cedar Street Demographics

Age Demographics

0–14 Years

5.34%

15–29 Years

33.15%

30–44 Years

25.21%

45–59 Years

14.6%

60+ Years

21.69%

Commute

23.82%

Transit

27.13%

Walk

22.06%

Drive

1.99%

Bike

Housing Ownership

38.86%

Owner Occupied

61.14%

Rental Units

Household Types

Single Family
6.86%
Multi Family
0.44%
Single Person
59.17%
Multi Person
40.83%

Average Income

Household:$11,527,260.65 /yr

Individual:$11,044,758.01 /yr

Education

Bachelors Degree43.53%
High School College4.39%
Diploma2.17%
Post Graduate41.17%
Others8.74%
Next

Education

Diploma2.17%
Post Graduate41.17%
Others8.74%
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    40 E Cedar Street
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