40 E Cedar St

About the Building

Located in one of the most popular sections of Chicago, this residential high-rise in the Gold Coast neighborhood offers spacious condos in a stylish and luxurious setting. Located at 40 E. Cedar St, the structure has 75 different units with assigned/deeded parking for residents' vehicles.

This Gold Coast high-rise offers residences a number of diverse layouts and an average of 900 square feet of living space. The different floorplans include anywhere from 1 to 3+ bedrooms with a standard master bedroom size of 176 square feet. Generally, the kitchens are 90 square feet, providing plenty of room to prepare a meal for the family, or throw together a banquet-size spread for a few friends at your new home (who knows, maybe you'll even invite over the neighbors for a little meet and greet).

In addition to the fundamentals of 40 E. Cedar St, you're probably interested in learning a little something about the bottom line involved in living at a place like this in the Gold Coast. Like, for example, how much you might have to pay in assessments and taxes every year. Well, the typical assessments for this charming Chicago residence are $423 per month, in addition to average annual taxes of $2,026.

The price per square foot for units at 40 E. Cedar St is $257, with an average square footage of 900. The smallest properties offer 900 square feet of living space, while the largest ones encompass 1000 and above square foot floorplans. The standard length of time a unit in this building stays on the market (between listing and closing) is 93 days. Just to give you an idea of the building's residential real estate value today, a 1 bedroom unit sold for $245,000 in March of 2007. The average listing price of a home at 40 E. Cedar St is just or slightly above the market price, and there are currently few 1-bedroom residences available at this lovely great residential enclave.