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  3. Oak Park, IL
  4. /
  5. 1040 Erie Street
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1040 Erie Street

1040 Erie Street, Oak Park, IL, 60302

YEAR BUILT

1970

# STORIES

5

# TOTAL UNITS

24

UNIT SIZE RANGE

1,500-1,600 sqft

Description

The building at 1040 Erie Street is located in Oak Park. This mid-rise structure stands 5 stories tall and contains 24 units. It was built in 1970, providing a mix of charm and functionality. Residents will appreciate the size of the units, which range from 1,500 to 1,600 square feet. Prices for these units are currently between $325,000 and $330,000. This means the average price sits at about $327,500. The average price per square foot is around $250, based on sales over the last year. This offers a reasonable range for potential buyers. The average time for units to sell is 52 days. This allows buyers a fair amount of time to explore their choices. Buyers can find plenty of options within this inviting community. Nearby businesses like Petersen's Restaurant & Ice Cream and Lou Malnati's provide excellent dining options. Amenities within the building add to its appeal. The features include a receiving room, elevators, a bike room with trails, and a party room. These shared spaces encourage a sense of community among residents. There is also easy access to local transportation and major roads, making travel simple. Oak Park has a friendly atmosphere with nearby schools such as M M R helping to create a family-oriented vibe. Living here means enjoying a mix of suburban comfort and urban convenience. The layout and amenities make this a nice place to call home.

Building ImageMLS ID #12322974
Building ImageMLS ID #12199526
Building Image
Building ImageView Listing

1040 Erie Street

1040 Erie Street, Oak Park, IL, 60302

YEAR BUILT

1970

# STORIES

5

# TOTAL UNITS

24

UNIT SIZE RANGE

1,500-1,600 sqft

Description

The building at 1040 Erie Street is located in Oak Park. This mid-rise structure stands 5 stories tall and contains 24 units. It was built in 1970, providing a mix of charm and functionality. Residents will appreciate the size of the units, which range from 1,500 to 1,600 square feet. Prices for these units are currently between $325,000 and $330,000. This means the average price sits at about $327,500. The average price per square foot is around $250, based on sales over the last year. This offers a reasonable range for potential buyers. The average time for units to sell is 52 days. This allows buyers a fair amount of time to explore their choices. Buyers can find plenty of options within this inviting community. Nearby businesses like Petersen's Restaurant & Ice Cream and Lou Malnati's provide excellent dining options. Amenities within the building add to its appeal. The features include a receiving room, elevators, a bike room with trails, and a party room. These shared spaces encourage a sense of community among residents. There is also easy access to local transportation and major roads, making travel simple. Oak Park has a friendly atmosphere with nearby schools such as M M R helping to create a family-oriented vibe. Living here means enjoying a mix of suburban comfort and urban convenience. The layout and amenities make this a nice place to call home.

Next

Description

The building at 1040 Erie Street is located in Oak Park. This mid-rise structure stands 5 stories tall and contains 24 units. It was built in 1970, providing a mix of charm and functionality. Residents will appreciate the size of the units, which range from 1,500 to 1,600 square feet. Prices for these units are currently between $325,000 and $330,000. This means the average price sits at about $327,500. The average price per square foot is around $250, based on sales over the last year. This offers a reasonable range for potential buyers. The average time for units to sell is 52 days. This allows buyers a fair amount of time to explore their choices. Buyers can find plenty of options within this inviting community. Nearby businesses like Petersen's Restaurant & Ice Cream and Lou Malnati's provide excellent dining options. Amenities within the building add to its appeal. The features include a receiving room, elevators, a bike room with trails, and a party room. These shared spaces encourage a sense of community among residents. There is also easy access to local transportation and major roads, making travel simple. Oak Park has a friendly atmosphere with nearby schools such as M M R helping to create a family-oriented vibe. Living here means enjoying a mix of suburban comfort and urban convenience. The layout and amenities make this a nice place to call home.

1040 Erie Street Market Stats Last 12 months

Avg. Listed Price$319,000($246/Sqft.)
Avg. Sale Price$327,500($250/Sqft.)
Year over year list priceDown Arrow8.86%
Year over year sale price 0.00%
Total Listings1 Listed
Total sold2 Sold
Average Days on Market52 days
Average HOA fees per sqft$3 /monthly
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Market Stats

Year over year list priceDown Arrow8.86%
Year over year sale price0.00%
Total Listings1 Listed
Total sold2 Sold
Average Days on Market52 days
Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
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

1040 Erie Street Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 308308130032322025-05-02
MLS#: 12322974 		Closed$325,000
Unit 403403-32712025-01-10
MLS#: 12199526 		Closed$330,000
Unit 410410-322312007-09-19
MLS#: 06396848 		Closed$275,000
Unit 308
308

3 Beds

2 Baths

1300 sqft

DateStatusPrice
2025-05-02Closed$325,000
MLS#: 12322974
Days On Market32
Unit 403
403

3 Beds

2 Baths

0 sqft

DateStatusPrice
2025-01-10Closed$330,000
MLS#: 12199526
Days On Market71
Unit 410
410

3 Beds

2 Baths

0 sqft

DateStatusPrice
2007-09-19Closed$275,000
MLS#: 06396848
Days On Market231
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the highlights of living at 1040 Erie Street is the array of amenities that cater to an active lifestyle. Whether you're a biking enthusiast or someone who enjoys throwing small gatherings, there's something for everyone! The building offers elevators for easy access, a bike room with nearby bike trails perfect for weekend excursions, a party room ideal for hosting friends, and even a receiving room for convenient package deliveries. This lively mix fosters a sense of community, adding a little extra warmth to condo living.

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Amenities Description

One of the highlights of living at 1040 Erie Street is the array of amenities that cater to an active lifestyle. Whether you're a biking enthusiast or someone who enjoys throwing small gatherings, there's something for everyone! The building offers elevators for easy access, a bike room with nearby bike trails perfect for weekend excursions, a party room ideal for hosting friends, and even a receiving room for convenient package deliveries. This lively mix fosters a sense of community, adding a little extra warmth to condo living.

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

Amenities

Elevator(s)

Elevator(s)

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

First-time buyers often have questions about living arrangements, and 1040 Erie Street has some welcoming policies in place. If you're a cat lover, you'll be pleased to know that cats are allowed—a delightful perk! However, be aware that there are limits on the number and size of pets, ensuring that the community remains comfortable for everyone.

Next

Amenities Description

First-time buyers often have questions about living arrangements, and 1040 Erie Street has some welcoming policies in place. If you're a cat lover, you'll be pleased to know that cats are allowed—a delightful perk! However, be aware that there are limits on the number and size of pets, ensuring that the community remains comfortable for everyone.

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)
1040 Erie Street$250/sqft.$3 /sqft.
1040 W Erie St$250/sqft.$3 /sqft.
213 N Marion Street$250/sqft.$3 /sqft.
1044 W Ontario$217/sqft.$3 /sqft.
1044 Ontario St$217/sqft.$3 /sqft.
1040 Ontario St$206/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to 1040 Erie Street.

The Field School

--
Private|Grades PK–6
931 Lake St|0.44 miles away

Oliver W Holmes Elementary School

B+
Public|Grades KG–5
508 N Kenilworth A...|0.45 miles away

Roosevelt School

A-
Public|Grades 5–8
7560 Oak Ave|0.81 miles away

Concordia Univ Early Childhood Education Center

--
Private|Grades PK–KG
7400 Augusta St|0.85 miles away

Grace Lutheran School

--
Private|Grades PK–8
7300 Division St|0.88 miles away

Oak Park & River Forest High School

A
Public|Grades 9–12
201 N Scoville Ave|0.95 miles away
Next

Schools

The Field School

--
Private|Grades PK–6
931 Lake St|Less than 1 Mile Away

Oliver W Holmes Elementary School

B+
Public|Grades KG–5
508 N Kenilworth A...|Less than 1 Mile Away

Roosevelt School

A-
Public|Grades 5–8
7560 Oak Ave|Less than 1 Mile Away

Concordia Univ Early Childhood Education Center

--
Private|Grades PK–KG
7400 Augusta St|Less than 1 Mile Away

Grace Lutheran School

--
Private|Grades PK–8
7300 Division St|Less than 1 Mile Away

Oak Park & River Forest High School

A
Public|Grades 9–12
201 N Scoville Ave|Less than 1 Mile Away

Grant-White Elementary School

B
Public|Grades 3–5
147 Circle Ave|Less than 1 Mile Away

Gwendolyn Brooks Middle School

C+
Public|Grades 6–8
325 S Kenilworth A...|1.00 Miles Away

Horace Mann Elementary School

A-
Public|Grades KG–5
921 N Kenilworth A...|1.00 Miles Away

Montessori Language Academy

--
Private|Grades PK–KG
314 Circle Ave|1.13 Miles Away

Lincoln Elementary School

A
Public|Grades KG–4
511 Park Ave|1.20 Miles Away

Trinity High School

--
Private|Grades 9–12
7574 Division St|1.22 Miles Away

St Giles School

--
Private|Grades PK–8
1034 Linden Ave|1.35 Miles Away

William Beye Elementary School

C
Public|Grades KG–5
230 N Cuyler Ave|1.37 Miles Away

Fenwick High School

--
Private|Grades 9–12
505 Washington Blv...|1.40 Miles Away

Willard Elementary School

A-
Public|Grades PK–4
1250 Ashland Ave|1.46 Miles Away

Intercultural Montessori Language School

--
Private|Grades PK–KG
301 S Ridgeland Av...|1.46 Miles Away

Whittier Elementary School

A
Public|Grades PK–5
715 N Harvey Ave|1.52 Miles Away

Garfield Elementary School

--
Public|Grades PK–2
543 Hannah Ave|1.56 Miles Away

Keystone Montessori School

--
Private|Grades PK–8
7415 North Ave|1.63 Miles Away

Percy Julian Middle School

C+
Public|Grades 6–8
416 S Ridgeland Av...|1.64 Miles Away

St Vincent Ferrer Elementary School

--
Private|Grades PK–8
1515 Lathrop Ave|1.65 Miles Away

William Hatch Elementary School

A
Public|Grades PK–5
1000 N Ridgeland A...|1.82 Miles Away

Ascension Elementary School

--
Private|Grades PK–8
601 Van Buren St|1.89 Miles Away

La Casa Montessori School

--
Private|Grades PK–4
608 Harrison St|2.01 Miles Away

Sayre Elementary Language Academy

C-
Public|Grades PK–8
1850 N Newland Ave|2.02 Miles Away

Longfellow Elementary School

B-
Public|Grades PK–5
715 Highland Ave|2.07 Miles Away

St Catherine Siena-St Lucy School

--
Private|Grades PK–8
27 Washington Blvd|2.07 Miles Away

Forest Park Middle School

C
Public|Grades 6–8
925 Beloit Ave|2.18 Miles Away

Field Stevenson Elementary School

B+
Public|Grades 3–5
925 Beloit Ave|2.18 Miles Away

Elm Middle School

C
Public|Grades 6–8
7607 W Cortland St|2.21 Miles Away

St Paul Lutheran School

--
Private|Grades PK–8
846 N Menard Ave|2.23 Miles Away

Lovett Elementary School

C-
Public|Grades PK–8
6333 W Bloomingdal...|2.27 Miles Away

Abraham Lincoln Elementary School

B+
Public|Grades KG–5
1111 S Grove Ave|2.27 Miles Away

Little Folks Cottage Daycare & Nursery

--
Private|Grades PK–KG
5926 W Madison St|2.31 Miles Away

West Suburban Montessori School

--
Private|Grades PK–5
1039 S East Ave|2.33 Miles Away

Proviso East High School

F
Public|Grades 9–12
807 S 1st Ave|2.40 Miles Away

Douglass Academy High School

D-
Public|Grades 9–12
543 N Waller Ave|2.45 Miles Away

St Angela School

--
Private|Grades PK–8
1332 N Massasoit A...|2.53 Miles Away

Emerson Elementary School

C
Public|Grades PK–5
311 Washington Blv...|2.54 Miles Away

Brunson Math and Science Specialty Elementary School

D
Public|Grades PK–8
932 N Central Ave|2.58 Miles Away

Acero Charter School Newtwork - Roberto Clemente Campus

C-
Public|Grades KG–8
2050 N Natchez Ave|2.58 Miles Away

Ellington Elementary School

D
Public|Grades PK–8
243 N Parkside Ave|2.58 Miles Away

Irving Elementary School

B+
Public|Grades KG–5
1125 S Cuyler Ave|2.62 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Austin & Erie

1.89 miles away|37 min walk

Austin & Chicago

1.89 miles away|37 min walk

Austin & Ontario/Race

1.9 miles away|37 min walk

Austin & Iowa

1.92 miles away|37 min walk

Austin & Lake

1.93 miles away|38 min walk

Austin & Augusta

1.95 miles away|38 min walk
Next

Transit

Austin & Erie

1.89 miles away|37 min walk

Austin & Chicago

1.89 miles away|37 min walk

Austin & Ontario/Race

1.9 miles away|37 min walk

Austin & Iowa

1.92 miles away|37 min walk

Austin & Lake

1.93 miles away|38 min walk

Austin & Augusta

1.95 miles away|38 min walk

Austin & Corcoran/South Blvd (Green Line)

1.96 miles away|38 min walk

Austin/Corcoran/South Blvd./CTA Green Line

1.97 miles away|38 min walk

Austin/Fulton/Pleasant

2 miles away|39 min walk

Austin & Fulton/Pleasant

2 miles away|39 min walk

Austin (Green)

2.01 miles away|39 min walk

Austin-Green

2.01 miles away|39 min walk

Austin & Division

2.07 miles away|40 min walk

Austin & Berkshire/Potomac

2.15 miles away|42 min walk

Austin/Madison

2.21 miles away|43 min walk

Austin & Madison

2.22 miles away|43 min walk

Austin & Greenfield/Hirsch

2.24 miles away|43 min walk

40 Madison St

2.26 miles away|44 min walk

Austin & Le Moyne

2.32 miles away|45 min walk

Austin/Adams

2.34 miles away|45 min walk

Austin & Adams

2.35 miles away|45 min walk

Austin/Jackson

2.41 miles away|47 min walk

Austin & North Ave

2.42 miles away|47 min walk

Austin & Jackson

2.42 miles away|47 min walk

8311 W North Ave

2.51 miles away|49 min walk

5th/Erie

2.56 miles away|49 min walk

5th/Huron

2.56 miles away|49 min walk

5th/Superior

2.56 miles away|50 min walk

5th/Lake

2.56 miles away|50 min walk

5th/Chicago

2.56 miles away|50 min walk

5th/Main

2.57 miles away|50 min walk

5900 W Jackson

2.57 miles away|50 min walk

5th/Rice

2.57 miles away|50 min walk

5th/St. Charles

2.57 miles away|50 min walk

5th/Hugh Muir

2.58 miles away|50 min walk

5th/Walton

2.59 miles away|50 min walk

5th/Oak

2.6 miles away|50 min walk

5th/Augusta

2.61 miles away|51 min walk

5th/Maple

2.62 miles away|51 min walk

Austin/Harrison

2.63 miles away|51 min walk

5th/Nichols

2.63 miles away|51 min walk

5th/Randolph

2.64 miles away|51 min walk

Austin & Harrison

2.65 miles away|51 min walk

5th/Winston

2.65 miles away|51 min walk

5th/Pine

2.66 miles away|51 min walk

Austin (Blue)

2.66 miles away|51 min walk

Austin-Blue

2.66 miles away|51 min walk

5th/Andy

2.68 miles away|52 min walk

5th/Washington

2.68 miles away|52 min walk

Austin & Bloomingdale

2.68 miles away|52 min walk

The Neighbourhood: 1040 Erie Street

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1040 Erie Street Demographics

Age Demographics

0–14 Years

13.75%

15–29 Years

16.93%

30–44 Years

23.95%

45–59 Years

20.52%

60+ Years

24.85%

Commute

21.51%

Transit

5.13%

Walk

54.97%

Drive

0.78%

Bike

Housing Ownership

45.32%

Owner Occupied

54.68%

Rental Units

Household Types

Single Family
18.13%
Multi Family
2.23%
Single Person
49.87%
Multi Person
50.13%

Average Income

Household:$11,096,905.04 /yr

Individual:$6,553,750.45 /yr

Education

Bachelors Degree31.92%
High School College9.94%
Diploma6.01%
Post Graduate35.83%
Others16.3%
Next

Education

Diploma6.01%
Post Graduate35.83%
Others16.3%
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    1040 Erie Street
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