705 E 40th St, Chicago, IL 60653
OFF MARKET

705 E 40th St
Chicago, IL 60653

Bronzeville
  • Studio

$360,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,513/mo*
Refinance Your Home

$360,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,513/mo*
Refinance Your Home
Studio

Local Information

  • Map ViewExplore the area around 705 E 40th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
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. It is currently off market. The Trulia Estimate is $360,500, with a rent estimate of $3,918/month.

Home Details for 705 E 40th St

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1900 sqft

Price History for 705 E 40th St

DatePriceEventSource
05/11/2004$350,000Sold
N/A

Market trends in Chicago

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$382K
$16.67KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$290
$13MoM
Available listings
5747
168MoM
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Property Tax and Assessment

Year2017
Tax$573
Assessment$26,600
Home facts updated by county records

Comparable Sales for 705 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
656 E Bowen Ave, Chicago, IL
0.11
Single-Family Home
$300,000
11/07/25
3
2.5
1,848
702 E 41st St, Chicago, IL
0.07
Single-Family Home
$879,000
05/29/26
4
3.5
3,100
4103 S Vincennes Ave, Chicago, IL
0.21
Single-Family Home
$468,000
11/06/25
3
3.5
2,722
626 E Oakwood Blvd, Chicago, IL
0.14
Single-Family Home
$606,000
04/24/26
4
3.5
3,200
3821 S Calumet Ave, Chicago, IL
0.51
Single-Family Home
$319,900
06/02/26
3
1.5
-
4932 S Martin Luther King Dr, Chicago, IL
0.13
Single-Family Home
$894,500
11/04/25
5
3.5
3,600
4065 S Ellis Ave, Chicago, IL
0.36
Single-Family Home
$800,000
12/15/25
3
3.5
3,000
4331 S Evans Ave, Chicago, IL
0.39
Single-Family Home
$520,000
02/27/26
4
3
2,100
4162 S Lake Park Ave, Chicago, IL
0.52
Single-Family Home
$285,000
03/30/26
3
2.5
2,060
4242 S Champlain Ave, Chicago, IL
0.29
Single-Family Home
$890,000
09/17/25
5
3.5
3,475

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 705 E 40th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Bronzeville
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Bronzeville

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.
  • Sweet Pea
    "All the history, restaurants, movie theater. Stores and so close to I-55 and I-90/94. Lots of diversity "
    0
    Flag
  • brioni26
    "One of the safer communities on the south side. Lots of families and dog owners. Walkable coffee shop, food spots. "
    2
    Flag
  • Luis S
    "Plenty of parks and dog parks to take your dogs. The lakefront is only steps away from the neighborhood. "
    0
    Flag
  • Treasure Harris
    "Fairly simple and easy to navigate within the community and surrounding areas. The wait for public transportation is quick during the rush hours of the day. "
    1
    Flag
  • Ray
    "Yes there are a lot of parks and open spaces for dogs to enjoy and there are lots of dog owners living there "
    0
    Flag
  • Rm_rod30
    "Bronzeville summer nights. Block parties throughout Bronzeville. Various active community events in partnership with 002nd Dist CAPS Officers. "
    1
    Flag
  • CRYSTAl Williams
    "They break in a lot and sometimes the shooting is terrible trash all in the grass some people keep their lawn up others don’t"
    1
    Flag
  • Draey Quarles
    "Great community and even better HOA. Highly recommend this condo for a new family or first family. Contact me for more details. "
    1
    Flag
  • Trulia User
    "Community events, text thread among neighbors and neighborhood pride. Everyone is warm, helpful and inviting."
    2
    Flag
  • Trulia User
    "I’ve lived here for two years and I love the neighborhood! It’s beautiful! I have very nice neighbors and we look out for one and other. "
    10
    Flag
  • Trulia User
    "Great and awesome neighborhood a place to raise a family, lots of good schools and restaurants in the area"
    0
    Flag
  • Trulia User
    "There are many different families in this neighborhood. It's very nice but you still need to watch your surroundings."
    1
    Flag
  • Trulia User
    "Nice area for adults to live in. I have been here with my family for a decade, moving from Hyde Park. Both neighborhoods are beautiful and right next to each other. I'd definitely recommend "
    1
    Flag
  • Trulia User
    "It great no problems at all bus and train routes are close by very convenient for me and my family very nice neighborhood "
    1
    Flag
  • Trulia User
    "The closest to the downtown area and public transportation . The area is well maintained it has 3 bus lines and the transit system. "
    4
    Flag
  • Trulia User
    "Dog parks near by. Lots of dog walkers. Several NEW dog parks have beeb built throughout the neighborhood "
    1
    Flag
  • Trulia User
    "Dog friendly just a lot of crime in the area you probably need a dog for protection for your family."
    0
    Flag
  • Trulia User
    "It’s an easy commute to work via lakeshore drive which is about 3 minutes from my home! After that it’s a straight shot to my work"
    0
    Flag
  • Trulia User
    "The neighborhood is very open with easy parking, wide streets and tons of new construction and revitalization."
    1
    Flag
  • Trulia User
    "Dog owners love to see other dogs on a leash and dog owners love to see other people walk there dog early in the am when nobody’s out "
    0
    Flag
  • Trulia User
    "Pretty easy. Neighborhood isn't quiet, but it isn't excessively loud either. Parking is not the greatest, but it's not that bad trying to find street parking at night."
    0
    Flag
  • Trulia User
    "I live in the neighborhood in the '80s or 90s now I'm here in the late 2000s neighborhood is totally different than back then I love it because I was born at the Bronzeville area some area my not be good but it's history here I went to grammar school and high school here I still love it in this location a lot of good shopping stores around and it's close to Hyde park area."
    0
    Flag
  • Trulia User
    "This neighborhood has easy access to public transportation. It is located near the lake front has is only a 10 minute commute to Downtown Chicago. "
    0
    Flag
  • Trulia User
    "Great area, wonderful people, amazing history, beautiful homes. Happy to be in this area. Love to see my people here."
    2
    Flag
  • Trulia User
    "Great neighborhood, safe and friendly. From what I can see everyone in the area takes care of their property and cares about the way things are. "
    0
    Flag
  • Trulia User
    "I drive my car to my job. It’s only 15 minutes away and I am going against traffic so it’s a smooth commute. "
    0
    Flag
  • Trulia User
    "There are many families and small children in this area. It appears safe for families and single people as well. Overall, I feel safe in this neighborhood and have not had any issue with crime. "
    0
    Flag
  • Trulia User
    "Bronzeville is a neighborhood rich in history and culture with great access to downtown, local neighborhood entertainment, shopping and more "
    0
    Flag
  • Tracy B.
    "plenty of parks in the area, schools are nice mostly peaceful close to transportation it's a nice area to live in"
    1
    Flag
  • Bintalev
    "Great area. Expensive in comparison to similar neighborhoods, but most properties are renovated. Neighborhood is still changing, but quiet the majority of the time. "
    3
    Flag
  • Beebsmazyck
    "I love this neighborhood. Mostly calm, friendly, and neighborly. Continually improving. I could live here for the rest of my life. "
    19
    Flag
  • Codieratliff
    "I lived in this area for 6years To much killing for the amount of rent they want still have work to do I. The area crime rate is heavy "
    39
    Flag
  • Demarcus C.
    "Keep and eye on your kids at night. The neighborhood can be dangerous but it is much better now than it use to be."
    5
    Flag
  • Emlansana
    "There is a sense of community. Nice parks and gardens. Many children and intergenerational families "
    2
    Flag
  • Ashleyestatesllc
    "Nice people and great food near by. Good and close public transportation. People do need to pick up after their dogs though"
    13
    Flag
  • Jamescameren
    "A church across the street. God is good. The violence isn’t at all. I pray for better days. There’s also a preacher who preaches on the end of the block. "
    3
    Flag
  • Mariecollinswright
    "Its beautiful community and very vibrant with tremendous history. My parents lived here when I was born."
    0
    Flag
  • Elysia B.
    "Boxville underneath the 51st Street Green Line Station is wonderful. Happy. Happy. Happy. Expensive. "
    0
    Flag
  • Alessondra F.
    "We do many events as a block suck as trick or treating, back to school block parties and bbqs just to name a few things. My block is very close knit."
    0
    Flag
  • tasha4209
    "Bud Biliken Parade, the car and boat shows are the only community event I’m aware of. Unfortunately more needs to happen in this area. I’m happy to finally see a decent grocery’s store such as Mariano’s. I heard a Pete’s grocery store is coming soon so I’m hopeful that some of these anchor stores will be an attraction for more retail businesses in the community. We shouldn’t have to depend on events at McCormick place."
    2
    Flag

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Homes for sale near 705 E 40th St

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Off Market Homes Near 705 E 40th St

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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 $360,500.
  • 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 $382K. That is up $16.67K 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).