40 E  Cedar St #5B, Chicago, IL 60611
Property image
Property image
OFF MARKET

$236,500

Trulia Estimate
as of Oct 3, 2026
  • 1 Bed
  • 1 Bath
  • 850 sqft

40 E Cedar St #5B, Chicago, IL 60611

Gold Coast

Home Highlights

Apartment
850 sqft
$278/sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 40 E Cedar St #5B.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Cozy one bedroom apartmentFully furnishedBrand new kitchen
Located in the heart of the Gold Coast, this cozy one bedroom apartment is fully furnished and ready for a move in as soon as possible. The whole place feels fresh and modern thanks to a brand new kitchen and bathroom finished just last year (2025). You'll be in a great neighborhood only two blocks from the lake and a short walk to the best local shops, restaurants, grocery stores, parks and schools. Getting around is easy with public transit nearby. Please note that parking is not included. This is a flexible short-term rental starting in January; you can stay anywhere from two to six months, with the lease ending on June 5th. It's a perfect, move in ready spot in a fantastic location!

Fully furnished 1B - 1B apartment. Owner pays for HOA and water. Renter is responsible for electricity. No smoking allowed in property. Up to one small dog total allowed. Parking is not included.
40 E Cedar St #5B, Chicago, IL 60611 is a 1 bedroom, 1 bathroom, 850 sqft apartment in Gold Coast. It last sold for $189,500 on Jun 23, 2023 (8,514% above the $2,200 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $2,200 per month. That rental listing was removed on January 21, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $236,500, with a rent estimate of $2,403/month.

Home Details for 40 E Cedar St #5B

Interior Features

Heating & Cooling
Heating: Wall FurnaceAir ConditioningCooling System: Wall UnitHeating Fuel: Wall Furnace
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 6 MonthAvailable: now

Exterior Features

Parking & Garage
Parking: Attached, On Site

Building

Community rooms
Fitness Center

Comparable Sales for 40 E Cedar St #5B

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Apartment
$243,000
06/12/26
1
1
800 sqft
0.22
Apartment
$182,500
07/28/26
1
1
804 sqft
0.23
Apartment
$237,000
12/23/25
1
1
780 sqft
0.22
Apartment
$282,000
04/30/26
1
1
850 sqft
0.26
Apartment
$240,000
04/22/26
1
1
800 sqft
0.20
Apartment
$240,000
06/10/26
1
1
650 sqft
0.20
Apartment
$305,000
12/22/25
1
1
750 sqft
0.29
Apartment
$265,000
07/01/26
1
1
850 sqft
0.24
Apartment
$315,000
07/23/26
1
1
1,000 sqft
0.43
Apartment
$225,000
11/06/25
1
1
700 sqft
Home facts updated by county records

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Gold Coast

At least 279 Trulia users voted on each feature.
  • 94 % Say there are sidewalks

  • 92 % Say it's walkable to grocery stores

  • 92 % Say it's dog friendly

  • 91 % Say it's walkable to restaurants

  • 84 % Say streets are well-lit

  • 72 % Say people would walk alone at night

  • 60 % Say there's holiday spirit

  • 45 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 42 % Say kids play outside

  • 41 % Say parking is easy

  • 37 % Say it's quiet

  • 32 % Say there are community events

  • 28 % Say yards are well-kept

  • 23 % Say car is needed

  • 18 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • LAMOTAS
    "Dogs everywhere on leash. Plenty of grass. Plenty of exercise. Options to get out of the city easily."
  • Lori Roberts
    "It’s a lovely neighborhood and you see lots of moms and some dads pushing a stroller with their baby l/babies. It seems safe, but crime does come into the area sometimes. I’ve never seen that though."
  • Trulia User
    "There are plenty of people walking their dogs around this neighborhood so it will definitely be a common occurrence to see people walking their dogs"
  • Trulia User
    "Overall safe area. usually heavy traffic. Close to beaches, great for summertime. Close to best restaurants and grocery stores."
  • Trulia User
    "Great - wonderful - fantastic - superb - great - fantastic - amazing - excellent - running out of things to say"
  • Trulia User
    "This area is safe and friendly. I always feel comfortable going outside and walking my dog at anytime or walking home from the bars. There is a heavy police presence in the area so you will never be far from one. I am in walking distance of grocery stores and parks and coffee shops. "
  • Maralyn O.
    "If you live in the historic part the trees are wonderful lining the streets. And it’s quiet tucked away in some of these streets. High end shopping and dining in this area."
  • Dorothy A.
    "Transportation is easy and many services available. Walkable to many places. Major subway lines and buses, lakefront bike path, very walkable."
  • Dorothy A.
    "It is near the park and beach and safe. It has nice stores for shopping. It has good transportation to downtown museums."
  • Joseph G.
    "I find this neighborhood to be diversified and have blocks of different architecture, good maintenance. "
  • Renblank
    "11 minutes to get the loop via a cab for about 10 dollars. Red line is also very convenient and so it the bus."
  • Dan F.
    "Incredible proximity to the lake, mag mile, and city center. Amazing waking stress and close to the park. Arguably, the most desirable area to live in Chicago"
  • Madelynn J.
    "Sometimes crowded on the 151 bus, but they’re pretty frequent. I would leave some extra time. The red line also is super crowded at the clark/division in the morning so leave some extra time. Always better to have more time than not enough when trying to commute from this part of town"
  • Joseph G.
    "Convenient, but needs better scheduling during peak hrs. Also, bus status at each stop! Dangerous to be standing out! "
  • Trulia User
    "It is beautiful and clean and it has gorgeous views of the lake with little crime. All of the buildings are well kept. It feels like the upper east side of New York. "
  • KT
    "I travel a lot for work, so my commute is typically a cab to the airport. Cabs are readily available in the neighborhood. I prefer them to Uber / Lyft, which are also readily available in the neighborhood. Other than that, probably 95% or more of my trips are by foot."
  • W.S.
    "The festivals during the Summer months are lively, many are music based yet also have art related aspects to them as well."
  • K
    "I travel frequently for work. O’Hare is about a 25 minute cab ride Monday morning. Thursday night varies a lot but is usually 45-55 minutes. When I’m not traveling, my office is in the Loop, a pleasant 30 minute walk from my apartment."
  • Asya p.
    "Beautiful, well manicured lawns; abundance of fun places to grab food and drinks, lots of groceries, and shopping. Close to the lake. "
  • Stefano M.
    "Extremely close to the lake, beautiful neighborhood feeling with great access to restaurants, supermarkets and shops "
  • Mklarchek
    "Friendly people! Clean, people pick up after their dogs. Dogs are on their leashes. Garbage cans every few blocks. "
  • Ctsuji
    "Best neighborhood in the U.S. people are kind. You get to know a lot of people and everything is close."
  • Delmonico3
    "everything is near me i like this town and i live here for a long time there is a lot of people i know "
  • Lauracbritton
    "This neighborhood has the perfect mix of access to the beautiful Magnificent Mile, and a cozy feel with parks and beaches. It's an easy walk to public transportation and the Loop. During the winter, every tree in the whole neighborhood is covered in white lights. It's magical. This area is served by K-12 Ogden International School, which has a 1+ rating with CPS -- the highest rating possible."

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jan 21, 2026
Source: Zillow Rentals
ListingRemoved
$2,200
Jan 2, 2026
Source: Zillow Rentals
Listed For Rent
$2,200
Jun 23, 2023
Source: MRED as distributed by MLS GRID #11794832
Sold
$189,500
Jun 21, 2023
Source: MRED as distributed by MLS GRID #11794832
Pending
$195,000
Jun 9, 2023
Source: MRED as distributed by MLS GRID #11794832
ListingRemoved

Frequently asked questions about 40 E Cedar St #5B

  • What is 40 E Cedar St #5B estimated to be worth?
    Trulia's estimated value for 40 E Cedar St #5B in Chicago, IL is $236,500.
  • What is the price history for 40 E Cedar St #5B?
    40 E Cedar St #5B in Chicago, IL last sold for $189,500 in June 2023.
  • Is Chicago a buyer's or seller's market?
    Chicago is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Chicago?
    The median sale price in Chicago is $496K. That is up $288 from the prior month.
  • Does 40 E Cedar St #5B have air conditioning?
    Yes, 40 E Cedar St #5B in Chicago, IL has air conditioning.
  • Does 40 E Cedar St #5B have parking?
    Yes, 40 E Cedar St #5B in Chicago, IL has on-site parking.

Homes for rent near 40 E Cedar St #5B

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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