CondominiumResidential
1040 W Adams St
CHICAGO, IL 60607
2.78 ac
Lot SizeThe size of the land the home sits on, from county records.
1915
Year BuiltThe year the home was originally built, according to county records.
Built 19156 floors296 units925–1,090 ft²
$114M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$372K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$393
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.
+15.1%vs the Chicago ZIP median sale $/ft² ($341)
Sales Performance
$418K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-2.5%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
36
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
12.2%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+2.7%per yeartypical hold 5.0 yrsfrom 266 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20062009201220152017202020232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20062009201220152017202020232026
517 arms-length sales on record for this building.
Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio
293 units$373K · $406/ft²
1 bed
2 units$344K
2 bed
1 unit$414K · $380/ft²
Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.
$249K–$294K
34 units
$300K–$342K
62 units
$342K–$388K
75 units
$389K–$435K
54 units
$438K–$481K
29 units
$483K–$525K
21 units
$529K–$565K
15 units
$583K–$621K
6 units
Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.
Floor 3
$380/ft²1 unit · -3%
Floor 4
$406/ft²1 unit · +3%
Ownership & Financing
Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.61%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.13%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.5.0 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.20%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.21%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$458,969
Median tax billThe middle annual property tax bill among the building's units.$6,647
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.2
Recent SalesThe latest recorded arms-length sales in the building, newest first.
Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.
Climate Risk
Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
70
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
70
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
40
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Scores 0–100; higher = greater projected risk.
Property Facts
Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyCook
Lot (acres)The size of the land the home sits on, from county records.2.78
HeatingThe type of heating system in the home.None
Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.
MHE
W. Brown Elementary SchoolB-
Middle · Grades KG–8 · 0.9 mi
Wells Community Academy High SchoolF
High · Grades 9–12 · 1.6 mi
Skinner Elementary SchoolA-
Elementary · Grades PK–5 · 1.9 mi
District: Chicago Public School District 299
Neighborhood · ZIP 60607These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.
CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.136
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.110
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.46
Index scale: 100 = US average (tick). Lower is better.
Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.43%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.9%
PopulationHow many people live in this area.31,589
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.14,213 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$122,924
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$150,715
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%
All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.
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2 bd · 2 ba · 1,090 ft²
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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.
About 1040 W Adams St
How many units are in 1040 W Adams St, Chicago, IL?
1040 W Adams St, Chicago, IL has 296 residential units across 6 floors, built in 1915, according to county assessor records.
What is a unit at 1040 W Adams St, Chicago, IL worth?
The median TopHap Estimate across the 296 units at 1040 W Adams St, Chicago, IL is $372,049. That works out to $393 per square foot. Units run from 925 to 1,090 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.
Is 1040 W Adams St, Chicago, IL expensive for Chicago?
Units at 1040 W Adams St, Chicago, IL carry a median of $393 per square foot, 15% above the Chicago median of $341 per square foot.
How often do units sell at 1040 W Adams St, Chicago, IL?
36 units at 1040 W Adams St, Chicago, IL sold in the last 12 months, out of 517 recorded arms-length sales all time. That is a turnover rate of 12.2% of the building per year. The median sale over that period was $418K.
Have units at 1040 W Adams St, Chicago, IL appreciated?
Across 266 repeat sales of the same unit, 1040 W Adams St, Chicago, IL returned a median 2.7% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 5.0 years.
More homes on W Adams St Unit 331
- 1128 W Adams St # 2w$1.3M0.91 ac · Sold $1.3M · Aug 2026
- 850 W Adams St # P17$507K0.42 ac · Sold $1.3M · Aug 2026
- 850 W Adams St # 4a$1.2M2 bd · 0.42 ac · Sold $1.3M · Aug 2026
- 2702 W Adams St4 bd · 2 ba · 1,554 ft² · Sold $610K · Aug 2026
- 1040 W Adams St # P-101$249K2.78 ac · Sold $380K · Aug 2026
- 1040 W Adams St # 122$412K2.78 ac · Sold $380K · Aug 2026
- 5252 W Adams St$380K3 bd · 1 ba · 1,596 ft² · Sold $380K · Aug 2026
- 1040 W Adams St # P-233$249K2.78 ac · Sold $600K · Aug 2026
- 1040 W Adams St # 344$531K2.78 ac · Sold $600K · Aug 2026
- 1517 W Adams St # 3$631K2 bd · 2 ba · 1,500 ft² · Sold $620K · Jul 2026
- 1000 W Adams St # 802$651K0.99 ac · Sold $650K · Jul 2026
- 2932 W Adams St # 17 bd · 4 ba · 3,378 ft² · Sold $645K · Jul 2026
Closest homes
- 1040 W Adams St Unit 451$361K0 ft · 2.78 ac
- 1040 W Adams St$341K0 ft · 2.78 ac · Sold $345K · Apr 2008
- 1040 W Adams St Unit 458$302K0 ft · 2.78 ac · Sold $318K · Jun 2021
- 1040 W Adams St Unit 473$340K0 ft · 2.78 ac · Sold $378K · Jan 2025
- 1040 W Adams St Unit 470$417K0 ft · 2.78 ac · Sold $406K · Aug 2024
- 1040 W Adams St$249K0 ft · 2.78 ac · Sold Jan 2022
- 1040 W Adams St Unit 455$342K0 ft · 2.78 ac · Sold $316K · Jul 2016
- 1040 W Adams St Unit 406$365K0 ft · 2.78 ac · Sold $320K · Mar 2019
More homes in Chicago 60607
- 1000 W Washington Blvd0.71 ac · Sold $699K · Aug 2026
- 1000 W Washington Blvd$699K3 bd · 2,500 ft² · Sold $699K · Aug 2026
- 235 W Van Buren St0.51 ac · Sold $24K · Aug 2026
- 20 N Carpenter St0.83 ac · Sold $1.2M · Aug 2026
- 16 N Carpenter St$1.2M0.83 ac · Sold $1.2M · Aug 2026
- 235 W Van Buren St$470K0.51 ac · Sold $470K · Aug 2026
- 235 W Van Buren St0.51 ac · Sold $470K · Aug 2026
- 234 W Polk St$660K0.71 ac · Sold $660K · Aug 2026
- 123 S Green St$375K1.02 ac · Sold $375K · Aug 2026
- 123 S Green St1.02 ac · Sold $375K · Aug 2026
- 1335 W Fillmore St$405K2 bd · 2 ba · 1,300 ft² · Sold $405K · Aug 2026
- 701 S Wells St$381K0.26 ac · Sold $386K · Aug 2026
Assigned schools
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