40 E 9th Street # 1416
Chicago, IL, 60605 $ 260,000
Bedrooms2 Baths2.0 Sq 1,250 Monthly Estimate*
$ 1,642
for $260,000 with 2 bedrooms and 2 full baths. This 1,250 square foot condo was built in 1920.
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!
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FeaturesGeneralLiving Area 1250
Sewer Public Sewer
Heating Steam
Cooling Central Air
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal Stainless Steel Appliance(s) Electric Cooktop Electric Oven
HOA Fee 1208
Garage Spaces 1
Association Fee Includes Heat Air Conditioning Water Parking Insurance Doorman TV/Cable Exercise Facilities Exterior Maintenance Lawn Care Scavenger Snow Removal Internet
Construction Materials Brick
Pets Allowed Cats OK
Year Built 1920
Township South Chicago
Unit Number 1416
Tax Year 2024
Ownership Condo
Additional Parcels Description 17153040521412
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association 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
Total Rooms 5
Full Baths 2
Status New
Directions 9th Street between State and Wabash
City Chicago
High School District 299
MLS Area CHI - Loop
Tax Annual Amount 5090.6
Additional Parcels Y/N Y
Virtual Tour https://my.matterport.com/show/?m=5QCDbDbeJRu
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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InteriorBasement None
Flooring Hardwood
Total Fireplaces 0
Total Stories 21
Half Baths 0
Laundry Features Washer Hookup In Unit
Total Bedrooms 2
Room Type Foyer
Total Baths 2
Bedrooms Possible 2
Total Number of Units 290
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ExteriorParking Features Garage Door Opener Yes Deeded Attached Garage
Water Source Lake Michigan Public
Total Parking 1
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesList ByFulton Grace RealtyBroker
chihhao.d.yang@gmail.com;chihhao@fultongrace.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,642
- Monthly Property Taxes
- $424
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Chicago, IL
Average List Price $631,424
Percent of Sale Price 143%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/9/2026 | $260,000 | | Listed Price |