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Serene Realty, Inc

info@serenerealtyinc.com +1(312) 650-7940

Listed by Grigory Pekarskyof Vesta Preferred LLC

$ 425,000

Est. payment | -/mo

3 Beds

2 Baths

1,200 SqFt

Save

$ 425,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,200 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $354

MLS Listing ID 12620689

Bedrooms 3

Full Baths 2

HOA Fees $1,161/mo

Year Built 1970

Annual Tax Amount $5,443

Tax Year 2024

Lot Dimensions COMMON

Property Sub-Type Condo

Property 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.

Location

State IL

County Cook

Rooms

Basement None

Interior

Interior Features Elevator, Storage

Heating Forced Air, Steam

Cooling Other

Fireplace N

Appliance Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)

Laundry Common Area

Exterior

Community Features Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Concrete

New Construction false

Schools

Elementary Schools Ogden Elementary

High Schools Lincoln Park High School

School District 299, 299, 299

Others

Pets Allowed Cats OK, Dogs OK, Size Limit

HOA Fee Include Heat,Air Conditioning,Water,Insurance,TV/Cable,Exercise Facilities,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal,Internet

Ownership Condo

Special Listing Condition None

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States

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40 E Cedar Street #18A Chicago, IL 60611