40 E 9th Street #1416, Chicago IL 60605
$260,000

40 E 9th Street #1416, Chicago IL 60605

$260,000
Contingent
Loop Attached Single

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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!

Features & Information

Key Details
  • List Price $260,000
  • Property Taxes $5,091
  • Assessments/HOA $1,208
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Heat, Air Conditioning, Water, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
  • Square Feet 0
  • Year Built 1920
  • Listing Market Time 28
  • Status Contingent

Rooms
  • Total Rooms 5
  • Number of Bedrooms 2
  • Number of Bathrooms 2

  • Primary Bedroom
  • Room Size 13X12
  • Floor Level Main
  • Flooring Hardwood
  • Primary Bathroom Full

  • Bedroom 2
  • Room Size 11X9
  • Floor Level Main
  • Flooring Hardwood

  • Living Room
  • Room Size 18X16
  • Floor Level Main
  • Flooring Hardwood

  • Dining Room
  • Room Size 15X12
  • Floor Level Main
  • Flooring Hardwood

  • Kitchen
  • Room Size 8X12
  • Floor Level Main
  • Flooring Hardwood

Additional Rooms

  • Foyer
  • Room Size 7X10
  • Floor Level Main
  • Flooring Hardwood

Interior Features

  • Appliances
  • Appliances Included Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Electric Cooktop, Electric Oven

  • Heating & Cooling
  • Heating Type Steam
  • Air Conditioning Central Air

  • Fireplace
  • # of Fireplaces 0

Exterior Features

  • Parking
  • # of Cars 1

Building Information
  • Number of Units 290
  • Age of Building 100+ Years
  • Exposure South,City

  • Pets
  • Pets Allowed? Cats OK

Location
  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property 9th Street Between State And Wabash

  • Schools
  • Elementary School District 299
  • Junior High District 299
  • High School District 299

  • Property Taxes
  • Tax 5090.6
  • Tax Year 2024
  • Tax Exemptions Homeowner
  • Parcel Identification Number 17153040521055

Listed by Chih-Hao Yang for Fulton Grace Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/8/2026 11:32 PM. 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.

Explore Loop

As Chicago's hub for finance, transportation, government, retail, tourism and culture, the Loop is the city center and the point from which all other destinations in Chicago are measured. The city's most recognizable landmark (the Sears Tower) is located in this section of town, as is the Art Institute of Chicago and the Chicago Board of Trade. Despite its density and towering skyscrapers, Loop residents have plenty of open air and outdoor space at Millennium Park. Occupying a nearly 25-acre plot of land, the park is a great spot to stroll through gardens, have a picnic on the grass, see live concerts and enjoy a breathtaking view of the city skyline. Heading back into the midst of high-rises and busy avenues, the Loop boasts the best theater district and the second best shopping scene (it's hard to beat the Magnificent Mile) in Chicago. The dining options are nothing to scoff at either with coffee shops and delis on almost every corner and an impressive roster of acclaimed restaurants to its name. The Loop is where the energy of downtown excitement merges with the spirit of urban living. Not just a commuter spot for Chicago workers anymore, the Loop is a bona fide residential neighborhood with thousands of condos and lofts mixed in among the office buildings and hotels.

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