About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

1040 W Adams St #427, Chicago, IL 60607

$497,000

Last sold 10/07/2025 for $510K

2
bed
2
bath
1,265
Sqft ($403/Sqft)

Condominium not for sale

About 1040 W Adams St #427

Property type Condominium

Neighborhood

HOA fee $853/month

Movoto estimate

Parking 1 garage spaces

Rental estimate

Property description

Located in one of the West Loop's premier full-amenity buildings, this 2BD + Den, 2BTH penthouse-level loft offers soaring timber ceilings, hardwood floors throughout, and a balcony with tranquil courtyard views. The open-concept layout is ideal for entertaining, with a spacious island kitchen, pantry, and stainless steel appliances. Enjoy full-service living with 24-hour door staff, a fitness center, yoga studio, theater, business center, and an expansive community lounge with outdoor terrace and grills. Enjoy the proximity to Fulton Market, the Loop, restaurant row, CTA, Metra, and major expressways. Zoned within the highly rated Skinner West, this home combines design, function, and an unbeatable West Loop location. First-floor garage parking available for $25K.

Listed by

Listing Agent - Rafay Qamar

Listing Office - Real Broker LLC

Source: MRED

MLS#12484412 • last updated 11 months ago

Movoto checked MRED for data 7 minutes ago

Overview
Cooling/AC	Central Air
Levels/Style	4
MLS #	12484412
Virtual Tour	N/A
Status	New
Living Area	1265
Type	Attached Single
Property Tax $	10070.02
HOA Fee $	853, Monthly

Interior
# Full Baths	2
Bath Desc	Double Sink
Basement	None
Dining Room	Combined W/ LivRm
Total # of Rooms	6
Flooring	Hardwood
Accessibility Features	No

Exterior
Construction	Brick
# Garage Spaces	1

Amenities / Utilities
Sewer/ Septic Desc	Public Sewer
# Units in Building	267

Location
Area	CHI - Near West Side
County	Cook
Elementary School District	299
Middle School District	299
High School District	299
APN	17172110511196
Directions	Adams West Of Morgan To Property.

Lot/ Land Details
Additional Parcels	17172110511312

$497K

Range: $452K-$541K

Last 30 days

Rental est.: $2,472/month

• Gross rent multiplier: 17.2

Lower your payment with the loan terms that fit you.

Nov 2025
Public Records
Nov 20, 2025 Sold
$510,000
Nov 2025
MLS # 12484412
Nov 10, 2025 Sold
$510,000 (-2.9%)
Oct 15, 2025 Active
—
Oct 2, 2025 Listed
$525,000 (+12.9%)
Apr 2021
Public Records
Apr 29, 2021 Sold
$465,000
Mar 2021
MLS # 10978909
Mar 15, 2021 Sold
$465,000 (+6.9%)
Jan 27, 2021 Active
—
Jan 25, 2021 Listed
$434,900
Jan 2021
MLS # 10773975
Jan 15, 2021 Cancelled
—
Jul 31, 2020 Price Change
$435,000 (-12.8%)
Jul 8, 2020 Listed
$499,000 (-6.7%)
Jul 2020
MLS # 10741667
Jul 7, 2020 Cancelled
—
Jun 10, 2020 Listed
$535,000 (-2.7%)
Jun 2020
MLS # 10713179
Jun 9, 2020 Cancelled
—
May 12, 2020 Listed
$549,900 (+11.8%)
Jun 2017
MLS # 09627584
Jun 30, 2017 Sold
$492,000
May 24, 2017 Contingent
—
May 16, 2017 Listed
$469,000 (-2.1%)
Jun 2017
Public Records
Jun 29, 2017 Sold
$492,000 (+4.9%)
May 2017
MLS # 09598852
May 12, 2017 Cancelled
—
Apr 19, 2017 Listed
$479,000 (+36.9%)
Jul 2006
Public Records
Jul 11, 2006 Sold
$350,000

Year Property taxes Tax assessment
2023
$9,763 +2.6%

$47,732 +3.51%
2022
$9,517 +2.3%

$46,112
2021
$9,303 +11.9%

$46,112 +23.96%
2020
$8,315 +1.3%

$37,200 -8.63%
2019
$8,207 +1.7%

$40,715
2018
$8,069 +18.1%

$40,715 +28.71%
2017
$6,833 +7.8%

$31,632
2016
$6,336 +9.3%

$31,632
2015
$5,796 +21.4%

$31,632
2014
$4,775 +2.0%

—
2013
$4,680

—

1040 W Adams St #427
$510K
Near West Side
$525K +9% y/y
60607
$650K +18% y/y
Chicago
$355K +1% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
225 S Sangamon St #412, Chicago, IL 60607	$505,000	2/2	—	0.03
225 S Sangamon St #312, Chicago, IL 60607	$519,000	2/2	—	0.03
225 S Sangamon St #512, Chicago, IL 60607	$505,000	2/2	—	0.03
225 S Sangamon St #308, Chicago, IL 60607	$530,000	2/2	—	0.03
225 S Sangamon St #407, Chicago, IL 60607	$506,000	2/2	—	0.03
225 S Sangamon St #310, Chicago, IL 60607	$491,000	2/2	—	0.03
225 S Sangamon St #812, Chicago, IL 60607	$513,000	2/2	—	0.03
225 S Sangamon St #607, Chicago, IL 60607	$522,000	2/2	—	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.