Backup offers
$6,530 Closing Credit¹
#12318033, Colleen Berg, Listing Office: Berg Properties
$550,000 List price
1040 W Adams St Unit 510 Chicago, IL 60607
$6,531
Closing credit¹
2 beds
2 full
1,225 sqft
$449 / sqft
Condo
Property details
About 1040 W Adams St Unit 510
Rarely available corner timber loft with northeast city views in coveted West Loop building, No. 10 Lofts! Spacious, fully enclosed 2-bedroom, 2 bathroom condo features over 1,200 square feet of living space. This home has been exceptionally well maintained with multiple upgrades performed over the past few years including the addition of hardwood floors in the bedrooms and refinished flooring throughout. The open kitchen is perfect for entertaining and has plentiful cabinet space, stainless steel appliances including a newer French door GE refrigerator (2022) and Whirlpool dishwasher (2021), and new white quartz countertops (2024) on a large breakfast bar. A wall of windows anchor the generously sized living area, capable of accommodating separate living and dining spaces. A north-facing balcony, accessible through the living room, provides views of the West Loop and is perfect for grilling and socializing. The large primary bedroom features a spacious, fully organized walk-in closet and en-suite bathroom with a large double vanity with a white quartz countertop and glass shower. The newly painted second bedroom has an additional organized walk-in closet and hallway accessible second bathroom with a soaking tub and vanity with quartz countertop. Full sized laundry is conveniently located in-unit and was upgraded in 2022 with new LG units. This unit has an abundance of storage located both in the unit with a built-out hallway closet as well as a large storage cage in the building. One tandem parking space in the building's attached heated garage available for $30,000. No. 10 Lofts is a full amenity building including a large fitness center, business center, party room overlooking interior courtyard garden, theater room, 24-hour doorperson, and on-site maintenance. Prime West Loop location in highly coveted Skinner school district and pet friendly building located one block from Bartleme dog park. Easy access to public transportation including CTA Blue Line, multiple bus routes, and 90/94 and 290 expressways. Walk to shopping including Target, Marianos, and Whole Foods as well as the West Loop's restaurants and nightlife!
Highlights
Home typeCondominium
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Contingent)
(Contingent)
CoolingCentral Air
Size1,225 sqft
Year built1913
ParkingGarage Door Opener, Heated Garage, Tandem, On Site, Deeded, Attached, Garage
MLS #12319070
Garage2 spaces
Summary
- MLS Number: 12319070
- MLS Name: MRED
- Office Name: Real Broker LLC
- Office Phone: (217) 960-8605
- Listing Agent: Zachary Herman
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Get an agent. Get a mortgage. Save big.¹
$550,000
1040 W Adams St Unit 510
$6,531
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 16, 2021 | Home Sold | $465,500 |
| Jul 09, 2014 | Home Sold | $390,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $44,140 | $8,403 |
| 2021 | $44,140 | $8,905 |
| 2020 | $35,981 | $8,042 |
| 2019 | $39,381 | $7,938 |
| 2018 | $39,381 | $7,804 |
| 2017 | $30,595 | $6,608 |
History based on county public records data.
Nearby schools
3
Hope Learning Academy
Public District KG-5
0.8 mi
•1628 W Washington Blvd
4
Cooper Elementary Academy
Public District PK-5
1.8 mi
•1624 W 19th St
9
Skinner Elementary School
Public District PK-5
1.9 mi
•111 S Throop St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $117,045. Residents of Chicago, IL typically earn between $100k-200k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
11%
<35k
32%
35k-100k
34%
100k-200k
23%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
1%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
1%
12-17 yrs old
56%
18-34 yrs old
34%
35-64 yrs old
1%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Music Concerts
Tennis
Where do the neighbors shop?
Bloomingdales
H&M
Crate & Barrel
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
BMW
What do the neighbors listen to?
Alternative- Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1040 W Adams St Unit 510
This home is located at 1040 W Adams St Unit 510 in Chicago, IL and zip code 60607 in the West Side neighborhood. This 1,225 square foot home was built in 1913. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $550,000.
Over 713 listings were sold over their listed price in March 2025 in Chicago, IL. In the same period over 784 listings were sold below the listed price and 340 listings were sold for the listed price. The inventory of homes for sale in Chicago, IL between February and March 2025 increased by 25.7%. In March 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $372,223.
From Rocket Homes Real Estate and based on county public records data.