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!
New
$260,000
40 E 9th St APT 1416, Chicago, IL 60605
2beds
1,250sqft
Condominium, Single Family Residence
Built in 1920
-- sqft lot
$-- Zestimate®
$208/sqft
$1,208/mo HOA
What's special
Hot tubsBrazilian cherry hardwood floorsFilled with natural lightIn-unit laundryOpen-concept floor planSeparate dining areaGranite countertops
- --
- on Zillow |
- 327
- views |
- 34
- saves |
Zillow last checked:
Listed by:
Chih-Hao Yang chihhao.d.yang@gmail.com,
Fulton Grace Realty
Source: MRED as distributed by MLS GRID,MLS#: 12685445
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Foyer
Primary bedroom
- Features: Flooring (Hardwood), Bathroom (Full)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11X9
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15X12
Foyer
- Features: Flooring (Hardwood)
- Level: Main
- Area: 70 Square Feet
- Dimensions: 7X10
Kitchen
- Features: Kitchen (Galley, Island), Flooring (Hardwood)
- Level: Main
- Area: 96 Square Feet
- Dimensions: 8X12
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 288 Square Feet
- Dimensions: 18X16
Heating
- Steam
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Electric Cooktop, Electric Oven
- Laundry: Washer Hookup, In Unit
Features
- Flooring: Hardwood
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,250 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Yes, Deeded, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Details
- Additional parcels included: 17153040521412
- Parcel number: 17153040521055
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: 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
- Services included: Heat, Air Conditioning, Water, Parking, Insurance, Doorman, Cable TV, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- HOA fee: $1,208 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $300,790
- Annual tax amount: $5,090
- Ownership: Condo
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/29/2023 | Listed for rent | $2,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/27/2023 | Price change | $2,500-6.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/8/2023 | Price change | $2,680+0.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/3/2023 | Price change | $2,670-3.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/16/2023 | Listed for rent | $2,760$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/16/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/13/2023 | Price change | $2,760-1.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/2/2023 | Price change | $2,790-6.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2023 | Price change | $2,980-3.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2023 | Listed for rent | $3,100+5.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/14/2023 | Listed for rent | $2,950+20.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/5/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/1/2021 | Price change | $2,450-2%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/30/2021 | Price change | $2,500-9.1%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/28/2021 | Price change | $2,750+1.9%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/20/2021 | Price change | $2,700-5.3%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/17/2021 | Price change | $2,850-1.7%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/6/2021 | Listed for rent | $2,900$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/21/2018 | Sold | $300,000-6.3%$240/sqft |
Source:  MRED as distributed by MLS GRID #09839992 Report a problem | ||
| 5/31/2006 | Sold | $320,000+23.1%$256/sqft |
Source: Public Record Report a problem | ||
| 6/18/2001 | Sold | $260,000$208/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $30,079 +6.7% |
| 2023 | $5,267 +3% | $28,197 |
| 2022 | $5,112 +1.9% | $28,197 |
| 2021 | $5,015 +2.9% | $28,197 +12.9% |
| 2020 | $4,874 +2.3% | $24,983 -7.9% |
| 2019 | $4,763 +1.7% | $27,135 |
| 2018 | $4,681 +9% | $27,135 +16.3% |
| 2017 | $4,295 +2.9% | $23,327 |
| 2016 | $4,172 +10% | $23,327 |
| 2015 | $3,794 +11.1% | $23,327 +11.2% |
| 2014 | $3,416 +2.4% | $20,977 |
| 2013 | $3,337 +0.6% | $20,977 |
| 2012 | $3,317 +2.6% | $20,977 -4.5% |
| 2011 | $3,232 -8.5% | $21,965 -6.7% |
| 2010 | $3,533 +4.2% | $23,531 |
| 2009 | $3,392 +19% | $23,531 +8.3% |
| 2008 | $2,851 +0.6% | $21,723 |
| 2007 | $2,835 -0.6% | $21,723 |
| 2006 | $2,853 -22.6% | $21,723 -3.8% |
| 2005 | $3,689 | $22,575 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: South Loop
Nearby schools
GreatSchools rating
- 8/10South Loop Elementary SchoolGrades: PK-8Distance: 0.8 mi
- 1/10Phillips Academy High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Cook County
- Chicago
- 60605
- South Loop
- 40 E 9th St Apartment 1416
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