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Updated 11 days ago

40 East Oak


40 E. Oak St. Chicago, WI

Studio - 1 Bed
•
1 Bath

430 Sq. Ft.

Available Now
Studio • 1 Bath
$1,350
430 ft2
1 Available
Managed By: Berger Realty Group, Inc
Updated over 1 month ago

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$1,350
Available Now
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1 Bed • 1 Bath
$1,695 - $1,775
Size: N/A
3 Available
Managed By: Berger Realty Group, Inc
Updated over 1 month ago

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#2005
$1,695
Available Now
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17th Floor
$1,700
Available Now
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14th Floor
$1,775
Available Now
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
99
Walker's Paradise
Transit Score®
90
Rider's Paradise
Bike Score®
87
Very Bikeable
Amenities
On-site Laundry
Heat Included
Fitness Center
Cable Included
Internet Included
Water Included
High-speed Internet
Vintage Building
Elevator
Doorman
Package Receiving
Bike Parking
Guest Suite
Property details
Description

Located in the heart of Chicago's Gold Coast, 40 East Oak features spacious vintage apartments and a superb location. As you enter the calm of our classic lobby you will understand the pleasure of living in one of the top buildings in the Gold Coast. Oak street glitters with international shops. Michigan Avenue with it's fabulous stores and restaurants are at your doorstep. Oak Street beach and the lakefront beckon. Enjoy an urban lifestyle in the elegant surroundings of 40 East Oak allows you to choose from an enviable variety of urban activities-all within walking distance.

Additional Details
Year Built: 1933
Total Unit Count: 208
Last Updated: Updated 11 days ago
Contact Number: (312) 335-3000
Photos Floor Plans Amenities
Neighborhood
Gold Coast
Historic High-Rise Buildings and the Ultimate Luxury in Chicago’s Gold Coast

As part of the city of Chicago’s north side, the Gold Coast Historic District’s perimeters are North Avenue, Lake Shore Drive, Oak Street and Clark Street. In 1882, after the Great Chicago Fire, a millionaire by the name of Potter Palmer had a swamp area filled--this became Lake Shore Drive--and then built the Palmer Mansion, a veritable castle with 42 rooms. Shortly thereafter other wealthy Chicagoans joined Palmer in the area, and it became the wealthiest neighborhood in Chicago. The district was added to the National Register of Historic Places in 1978. Today the Gold Coast is a mix of mansions, high-rise buildings and row houses.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 40 East Oak by bedroom type below.
Studio
Suggested income:
$48,600
per year
Rent report

40 East Oak Rent vs. Chicago Average

 40 East Oak      Chicago Average
Studio
$1,350
$1,523
$0
$500
$1,000
$1,500
$2,000

40 East Oak is asking 11% less than the average studio apartment in Chicago.

If you upsized to an average priced Chicago 1 bedroom apartment, you would pay 23% more per month.

40 East Oak provides 9% less square footage than the average Chicago studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
40 East Oak
Studio $1,350 $3.10 $4,050
Chicago Average
Studio $1,523 $3.20 $4,570
1BR $1,978 $2.80 $5,934
2BR $2,457 $2.50 $7,371
3BR $3,261 $2.40 $9,784
4BR $3,679 $2.10 $11,038

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 4,537 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
23% 34% 29% 11% 2%
Available Units in Chicago
Studio 3,113
1BR 4,537
2BR 3,912
3BR 1,465
4BR 292
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Harold Washington Library Center 1.9 mi 36 min 11 min 3 min
Nearby Hospitals
Name Distance
Ann & Robert H Lurie Children's Hospital Of Chicago 0.41 mi.
Northwestern Memorial Hospital 0.53 mi.
Rehabilitation Institute Of Chicago 0.58 mi.
Nearby Fire Stations
Name Distance
Superior Volunteer Fire & Ems 0.57 mi.
Leyden Fire Protection District 0.83 mi.
Franklin Grove Fire Protection District 0.83 mi.
FAQs
Is this property currently leasing units?
Yes. There are 4 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 4 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
It's 430 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are studio and 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,350 to $1,775. 40 East Oak has studio units available starting at $1,350 and 1 bedroom units available starting at $1,695.
Where is this property located?
This property is at 40 E. Oak St. in Chicago, WI. It's 3.6 miles southeast from the center of Chicago.
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