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About This Home

This 3-bedroom, 2-bathroom condo at 40 E Cedar Street in Chicago, IL is listed for $425,000 ($354 per sqft). Built in 1970, the home offers 1,200 sqft of living space on a N/A lot.

Agent Description

Enjoy Gold Coast living in this 3-bedroom, 2-bathroom residence at 40 E Cedar featuring north and south exposures. Extensively renovated, the unit received a new kitchen, new flooring, custom-organized closets, and professional paint throughout (2026).

The open-concept layout includes a third bedroom converted from the formal dining room, offering south-facing windows ideal for a guest room or home office. The primary suite features an ensuite bathroom and north-facing city and lake views, which are also shared by the spacious second bedroom.

Key infrastructure and aesthetic updates include two fully renovated bathrooms (2023) and an updated electrical panel (2025). Building amenities include a rooftop sundeck, exercise room, on-site manager, and a dedicated storage cage. The property is pet-friendly with a 50lb weight limit. Parking is available for lease in the building. Rental policy highlights a 20% cap (currently 16% leased) and a two-year owner-occupancy requirement prior to renting.

Key Features

  • Built in 1970

Property Details

2 full
#18A
1970

Monthly Cost Estimate

$3,434/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,842
Insurance$124
HOA$1,161

Estimates only. Actual payments may vary.

Location

40 E Cedar Street

Chicago, IL 60611

Features & Amenities

Interior Features

ElevatorStorage

Property Details

Flooring

Laminate

Construction

Brick Concrete

Heating

SteamForced Air

Appliances

RangeMicrowaveDishwasherRefrigeratorStainless Steel Appliance(s)

Questions & Answers

This 3-bedroom, 2-bathroom condo at 40 E Cedar Street is listed at $425,000 ($354/sqft). The estimated monthly payment is $3,003 based on 20% down at 6.5% interest.

HOA fees are $1161/month.

Key features include: Built in 1970. Interior Features: Elevator, Storage.

This property is listed by Grigory Pekarsky and can be reached at (773) 645-4455 or gpekarsky@vestapreferred.com.

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GP

Grigory Pekarsky

Agent at Vesta Preferred LLC

(773) 645-4455

Listed by Vesta Preferred LLC · View on Broker Site

MLS# 12620689· Source: listhub· Updated 13 days ago

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

40 E Cedar Street, Chicago, IL 60611

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