Sold
Last Sold Price
1 bed843 sqft
1040 W Adams St, Unit 502, Chicago, IL 60607
CondoProperty Type
2006Year Built
$516/sq ftPrice per sq ft
$596/moHOA Fees
1 carParking Spaces

Description

Step into luxury west loop loft living. This exquisite one bedroom plus den, one bathroom brick and timber loft boasts stunning 12-foot ceilings, elegant hardwood floors, and fresh carpeting in the primary bedroom. With the convenience of in-unit laundry, this space is truly a gem. Generously sized windows throughout, complete with custom window treatments facilitates abundant southern and western exposure that fills the unit with incredible sunlight and breathtaking views. The den is ideal for a...Step into luxury west loop loft living. This exquisite one bedroom plus den, one bathroom brick and timber loft boasts stunning 12-foot ceilings, elegant hardwood floors, and fresh carpeting in the primary bedroom. With the convenience of in-unit laundry, this space is truly a gem. Generously sized windows throughout, complete with custom window treatments facilitates abundant southern and western exposure that fills the unit with incredible sunlight and breathtaking views. The den is ideal for a home office or creative space. Updated in 2018, the kitchen is a chef's dream, featuring luxurious quartz countertops, new cabinetry, and stainless steel appliances. The bathroom update features white subway tile, a quartz-top vanity, and contemporary lighting. Savor summer days on your private 16' terrace - a rare oasis on the floor, perfect for grilling and entertaining! It's the only terrace on the floor so enjoy the privacy from neighbors. This building offers an array of fantastic amenities, including a 2022 remodeled gym (including updated equipment), an owners' club room with a gourmet kitchen, pool table, and a courtyard for grilling. The third floor features a theater with recliner chairs, a yoga studio, and a business center. 1040 adams offers easy access to public transportation, expressways, and more! Come tour this move-in ready home! Garage parking available space number p-133

    Sold By Compass

    • Listed by: Kelly Angelopoulos 312.636.5652 kelly@jamesonsir.com • Jameson Sotheby's Intl Realty
    Listing closed: 10/30/2024 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12167265

    Recent comparable sales

    Median sold price

    $400,000

    Avg days on market

    16

    Sale-to-list ratio

    105.0%

    Chicago, IL

    9 comparable properties found

    $410,000 | 1040 West Adams Street, Unit 215, Chicago, IL 60607
    1/32
    1

    $410,000

    Sold 05/16/25

    1
    Bedrooms
    790
    Square Feet
    Unavailable
    Acres
    front view of a building
    1/22
    2

    $395,000

    Sold 01/21/26

    1
    Bedrooms
    815
    Square Feet
    Unavailable
    Acres
    a front view of a building with street view and trees
    1/16
    3

    $400,000

    Sold 06/23/26

    1
    Bedrooms
    850
    Square Feet
    Unavailable
    Acres
    a building view
    1/23
    4

    $395,000

    Sold 04/01/26

    1
    Bedrooms
    775
    Square Feet
    Unavailable
    Acres
    $390,000 | 1040 West Adams Street, Unit 365, Chicago, IL 60607
    1/21
    5

    $390,000

    Sold 07/11/25

    1
    Bedrooms
    870
    Square Feet
    Unavailable
    Acres
    a front view of a building
    1/38
    6

    $385,000

    Sold 07/01/25

    1
    Bedrooms
    850
    Square Feet
    Unavailable
    Acres
    $402,500 | 901 West Madison Street, Unit 402, Chicago, IL 60607
    1/39
    7

    $402,500

    Sold 04/04/25

    1
    Bedrooms
    783
    Square Feet
    Unavailable
    Acres
    a front view of a building
    1/29
    8

    $408,000

    Sold 07/31/25

    1
    Bedrooms
    783
    Square Feet
    Unavailable
    Acres
    a view of a building and a street
    1/16
    9

    $435,000

    Sold 12/06/24

    1
    Bedrooms
    900
    Square Feet
    Unavailable
    Acres

    Location

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    $3,406 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,248

    Property Taxes

    $562

    HOA Dues

    $596

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    Property Information for 1040 West Adams Street, Unit 502

    Property Details
    • Pet Policy: Allowed
    • Taxes: $6,746 / year
    • MLS Type: Attached Single / Condo
    • County: Cook County
    • Area: CHI - Near West Side
    • Township: West Chicago
    • Ownership: Condo
    • Num Of Garage Spaces: 1.0
    • Parking Included in Price: Yes
    • Air Conditioning Type: Central Air
    • Num of Interior Fireplaces: 0
    • Heat/Fuel: Natural Gas, Forced Air
    • Pets Allowed: Yes
    Building Information
    • Building/Complex: 1040 W Adams St
    • Floor: 5
    • Stories: 4
    • Residences: 266
    • Pet Policy: Allowed
    • Pet Policy Details: 3
    • Year Built: 2006
    General Information
    School Information
    • Elementary School District: 299
    • Elementary School: Skinner Elementary School
    • High School District: 299
    • High School: Wells Community Academy Senior H
    • 2nd Alternate Elementary School: WILLIAM BROWN ELEMENTARY SCHOOL
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Garage Details: Garage Door Opener(s), Heated
    • Garage On Site: true
    • Garage Ownership: Deeded Sold Separately
    • Garage Type: Attached
    • Deeded Garage Cost: $25,000.00
    • Parking: Garage
    Pet Information
    • Max Pet Weight: 999.0
    • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
    Location and General Information
    • Front Exposure: South, West, City
    Taxes and HOA Information
    • Association Fee Frequency: Monthly
    • Association Fee Includes: Water, Parking, Common Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Other
    • Master Association Fee: No
    • Master Association Fee Frequency: Not Required
    • Additional Parcels: Yes
    Property Information
    Interior Features
    • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
    • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Service Elevator, Business Center
    • Num Of Rooms: 5
    • Bedrooms Total: 1
    • Bedrooms (Below Grade): 0
    • Unit Floor Level: 5
    • Door Features: Storm Door(s)
    • Window Features: Window Treatments
    • Bath Amenities: Whirlpool,Soaking Tub
    • Basement Type: None
    • Bedrooms Possible: 1
    • Air Conditioning: Central Air
    • Basement Description: None
    • Dining Room: Combined w/ LivRm
    • Basement Bathrooms: No
    • Room Type: Den, Terrace, Utility Room-1st Floor
    • Num of Baths: 1.0
    Exterior Features
    • Type: Condo,Condo-Loft
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan, Public
    • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Range Hood
    Property/Lot Information
    • Exterior Property Features: Patio, Brick Paver Patio, End Unit
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2018
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Type Attached: Condo, Condo-Loft
    • Total Sq Ft: 0
    • Aprox Total Finished Sq Ft: 0
    • Total Finished and Unfin Sq Ft: 0
    • Lot Description: Common Grounds
    • Lot Dimensions: COMMON
    • Stories Total: 6
    • Total # Units in Building: 259.0
    • Waterfront: No
    • Disability Access and/or Equipped: No
    • Exterior Building Type: Brick
    • General Information: None
    • North Coordinate: 0
    • South Coordinate: 200
    • East Coordinate: 0
    • West Coordinate: 1040
    • Living Area Source: Estimated
    • Management: Manager On-site,Monday through Friday
    • Management Company: First Service Residential
    Property and Assessments
    • Buyer Financing: Conventional
    • Public Document Count: 1
    • Document Date: 2024-09-18T18:16:46
    • Photos Count: 26
    • OpenHouse Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Room Information
    Master Bedroom Information
    • Master Bedroom Level: Main
    • Room Type: Master Bedroom
    • Master Bedroom Bath: None
    • Master Bedroom Dimensions: 12X14
    Bedroom #2 Information
    • 2nd Bedroom Level: N/A
    • Room Type: Bedroom 2
    Bedroom #3 Information
    • 3rd Bedroom Level: N/A
    • Room Type: Bedroom 3
    Bedroom #4 Information
    • 4th Bedroom Level: N/A
    • Room Type: Bedroom 4
    Dining Room Information
    • Dining Room Level: Main
    • RoomType_DR: Dining Room
    • Dining Room Dimensions: COMBO
    Family Room Information
    • Family Room Level: N/A
    • RoomType_FR: Family Room
    Kitchen Information
    • Kitchen Level: Main
    • RoomType_KT: Kitchen
    • Kitchen Dimensions: 14X9
    Laundry Information
    • Laundry Level: Main
    • Room Type: Laundry
    • Laundry Dimensions: 6X5
    Living Room Information
    • Living Room Level: Main
    • Room Type: Living Room
    • Living Room Dimensions: 14X13
    Terrace Information
    • Room Level: Main
    • Room Type: Terrace
    • Terrace Dimensions: 16X14
    Utility Room-1st Floor Information
    • Room Level: Main
    • Room Type: Utility Room-1st Floor
    • Dimensions: 6X5
    Den Information
    • Room Level: Main
    • Room Type: Den
    • Dimensions: 8X6

    Property History for 1040 West Adams Street, Unit 502

    DateEvent & SourcePriceAppreciation
    Oct 30, 2024

    Sold

    MRED #12167265

    $435,000
    Sep 30, 2024

    Pending

    MRED #12167265

    Sep 30, 2024

    Contingent

    MRED #12167265

    DateEvent & SourcePrice
    10/30/2024

    Sold

    MRED #12167265

    $435,000
    09/30/2024

    Pending

    MRED #12167265

    09/30/2024

    Contingent

    MRED #12167265

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 1040 West Adams Street, Unit 502

    Taxable ValueLand$2,268Additions$29,205Total$31,473
    Tax Record2023$6,439 ($537 / month)
    Home Facts
    Beds0Lot Size121,097 SqFtStyleCondominiumYear Built1915CountyCOOKAPN17-17-211-051-1244

    Schools near 1040 West Adams Street, Unit 502

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Public - K to 8
    Public - 7 to 12
    Rating
    School
    Distance
    Skinner Elementary School
    PublicPK to 8

    Wells Community Academy High School
    Public9 to 12

    Chicago World Language Academy
    PublicK to 8

    Young Magnet High School
    Public7 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Jameson Sotheby's Intl Realty

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/06/2024 02:30 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.