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$260,000 Just Listed
Property Description
Investor-friendly with no rental cap! Welcome to Burnham Park Plaza at 40 E. 9th Street #1416, ideally located in the heart of the South Loop and within walking distance to the lakefront, Grant Park, public transportation, restaurants, shopping, grocery stores, and everything downtown Chicago has to offer. Unit has been freshly painted in July 2026. New blinds were installed July 2026. This spacious 1,250-square-foot, south-facing 2-bedroom, 2-bathroom residence is filled with natural light and features an open-concept floor plan with Brazilian cherry hardwood floors, a separate dining area, and in-unit laundry. The kitchen is appointed with cherry cabinetry, granite countertops, and stainless steel appliances. The oversized walk-in closet provides exceptional storage space. Burnham Park Plaza offers an extensive list of amenities, including a 21st-floor rooftop deck with stunning city views, hot tubs, sauna, resident lounge, and a fitness center in the basement. Monthly assessments include all utilities (ac, heat, cable/internet, water, trash) and amenities except electricity, which has averaged approximately $56.01 per month over the past 12 months. A premium parking space, P-126 on the mezzanine level of 41 E. 8th Street garage, is additional $30,000. The building is pet-friendly and allows up to three cats per unit, as well as birds, fish, and ESA/ service dogs. As of March 31, 2026, the association maintained a strong reserve balance of $3,108,523.93, with no special assessments currently planned. Schedule your showings today!
Full Property Details
Full Property Details for 40 E 9th St #1416
General
- Price: $260,000
- HOA FEE: $1,208/month
- Taxes: $5,090 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12685445
Interior
- Basement: None
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Electric Cooktop, Electric Oven
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Door Person, Coin Laundry, Elevator in Residence, Exercise Room, On-Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Sauna, Security Door Lock(s), Service Elevator(s), Laundry
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Yes, Deeded, Attached, Garage
Location
- Area: CHI - Loop
- County: Cook
- Township: South Chicago
- Driving Directions: 9th Street between State and Wabash
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK
- Pet Restrictions: Cats OK
- Mgmt. Company: Karolina Wysocki
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Steam
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 14
- Stories/Levels: 21
- Square Feet: 1,250
- Sq. Ft. Source: Estimated
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units in Building: 290
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK
Financial Considerations
- Association Fee: $1,208
- Assoc Fee Freq.: Monthly
- Deeded Garage Cost: $30,000
- Assessment Year: 1920
- Tax Amount: $5,090.6
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17153040521055
Listed by Fulton Grace Realty
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Schools
Schools serving 40 E 9th St #1416
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.3 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 40 E 9th St #1416
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,267
—
$28,540
1%
2023
$5,267
3%
$28,197
—
2022
$5,112
2%
$28,197
—
2021
$5,015
3%
$28,197
13%
2020
$4,874
2%
$24,983
-8%
2019
$4,763
2%
$27,135
—
2018
$4,681
9%
$27,135
16%
2017
$4,295
3%
$23,327
—
2016
$4,172
10%
$23,327
—
2015
$3,794
11%
$23,327
11%
2014
$3,416
2%
$20,977
—
2013
$3,337
1%
$20,977
—
2012
$3,317
—
$20,977
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 E 9th St #1416
40 E 9th Street #1416, Chicago, IL 60605 (MLS# 12685445) is a Condo property with 2 bedrooms and 2 full bathrooms. 40 E 9th Street #1416 is currently listed for $260,000 and was received on July 09, 2026. Want to learn more about 40 E 9th Street #1416? Do you have questions about finding other Condo real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.
