$349,700
- Studio
705 E 40th St, Chicago, IL 60653
Est. Refi. Payment $2,611/mo*
Refinance Your HomeCurrently Off Market - Sold May 11, 2004 for $350,000
Home Value
Trulia Estimate
$350KSince last month
Decreased$50K (-12.4%)Since last year
Decreased$8K (-2.2%)Since last sale
Decreased$300 (-0.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +38% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $350K |
| September 2026 | $388K |
| August 2026 | $399K |
| July 2026 | $386K |
| June 2026 | $389K |
| May 2026 | $383K |
| April 2026 | $369K |
| March 2026 | $360K |
| February 2026 | $420K |
| January 2026 | $324K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $300,000 | 11/07/25 | 3 | 2.5 | 1,848 | |
0.07 | Single-Family Home | $879,000 | 05/29/26 | 4 | 3.5 | 3,100 | |
0.21 | Single-Family Home | $468,000 | 11/06/25 | 3 | 3.5 | 2,722 | |
0.14 | Single-Family Home | $606,000 | 04/24/26 | 4 | 3.5 | 3,200 | |
0.51 | Single-Family Home | $319,900 | 06/02/26 | 3 | 1.5 | - | |
0.13 | Single-Family Home | $894,500 | 11/04/25 | 5 | 3.5 | 3,600 | |
0.36 | Single-Family Home | $800,000 | 12/15/25 | 3 | 3.5 | 3,000 | |
0.39 | Single-Family Home | $520,000 | 02/27/26 | 4 | 3 | 2,100 | |
0.48 | Single-Family Home | $385,000 | 09/02/26 | 6 | 3 | 3,412 | |
0.52 | Single-Family Home | $285,000 | 03/30/26 | 3 | 2.5 | 2,060 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | - | - | - | - | Off Market | |
0.01 | $237,400 | 2 | 2 | 1,265 | Off Market | |
0.02 | $238,300 | 2 | 2 | 1,265 | Off Market | |
0.02 | $236,600 | 2 | 2 | 1,265 | Off Market | |
0.02 | $266,900 | 2 | 3 | 1,265 | Off Market | |
0.02 | $270,300 | 2 | 2.5 | - | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | $479,000 | Studio | - | - | Off Market | |
0.03 | $300,300 | 2 | 2 | 1,265 | Off Market | |
0.03 | $241,800 | 2 | 2 | 1,265 | Off Market | |
0.03 | $242,700 | 2 | 2 | 1,265 | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.04 | $496,900 | 6 | 3 | 3,060 | Off Market | |
0.04 | $237,400 | 2 | 2 | 1,265 | Off Market | |
0.04 | - | 3 | 1 | 800 | Off Market | |
0.04 | $965,200 | 5 | 5 | 2,425 | Off Market | |
0.04 | $495,600 | 3 | 2.5 | 1,758 | Off Market | |
0.04 | $236,000 | 2 | 2 | 1,265 | Off Market | |
0.04 | $489,400 | 5 | 3 | 1,794 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
About this House
This single-family home is located at 705 E 40th St, Chicago, IL. 705 E 40th St is in the Bronzeville neighborhood in Chicago, IL and in ZIP code 60653. This property has a lot size of 1900 sqft.
705 E 40th St, Chicago, IL 60653 is a studio single-family home in Bronzeville. It last sold for $350,000 on May 11, 2004. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $349,700, with a rent estimate of $2,979/month.
Home Details for 705 E 40th St
|
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Property Type / Style Property Type: Single Family Home |
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Lot Area: 1900 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 11, 2004 Source: N/A | Sold | $350,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2017 | $573 | $26,600 |
Home facts updated by county records
Market trends in Chicago
Last updated August 2026
Avg. sale price
$397K
$10.62KMoM
Sale-to-List Price
100.1%
Price per sq ft
$296
$6MoM
Available listings
5485
8MoM
Around this home
What Locals Say about Bronzeville
This October
Trick-or-Treat Score
Built from what locals say about Bronzeville.- 97% say there are sidewalks
- 66% say there's holiday spirit
- 57% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
At least 406 Trulia users voted on each feature.
97 % Say there are sidewalks
84 % Say it's dog friendly
79 % Say streets are well-lit
73 % Say parking is easy
69 % Say it's walkable to restaurants
67 % Say it's walkable to grocery stores
66 % Say there's holiday spirit
64 % Say car is needed
63 % Say they plan to stay for at least 5 years
59 % Say yards are well-kept
57 % Say neighbors are friendly
48 % Say it's quiet
46 % Say kids play outside
44 % Say people would walk alone at night
39 % Say there are community events
34 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 705 E 40th St
- What is 705 E 40th St estimated to be worth?Trulia's estimated value for 705 E 40th St in Chicago, IL is $349,700.
- What is the price history for 705 E 40th St?705 E 40th St in Chicago, IL last sold for $350,000 in May 2004.
- Is Chicago a buyer's or seller's market?Chicago is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Chicago?The median sale price in Chicago is $397K. That is up $10.62K from the prior month.
- How big is the lot at 705 E 40th St?The lot at 705 E 40th St in Chicago, IL is about 0.04 acres (1,900 sq ft).