4240-4242 West Adams Street, Chicago
technical data · neighborhood and transit
Quick answers
- Does 4240-4242 West Adams Street have open permits or code violations?
- Chicago Department of Buildings lists 15 permits, 3 not closed, and 60 violations, 48 open.
- What is the 2026 conforming loan limit in Cook County?
- $832,750 for a single-unit home, per FHFA. Larger loans are jumbo loans.
- Is radon a problem here?
- EPA radon zone 2, moderate potential.
- What natural disasters is 4240-4242 West Adams Street at risk for?
- FEMA's National Risk Index rates the area relatively low overall, with elevated cold wave risk.
Permits and code violations
3 permits not closed out. Unfinished permits pass to the next owner. 48 open violations.
- Permit - easy permit process Sep 2021
Fences: 109ft in x 6ft in: qty 3
- Permit - renovation/alteration Apr 2020Complete
Interior remodeling to multi family residence as per plans, no exterior work.
- Permit – express permit program Feb 2020Complete
Install 200 amp with 3 meter
- Permit - renovation/alteration Jan 2018Complete
Interior alterations to an existing 2 unit building. remove 2 story rear enclosed porch & replace with new 2 story open wood porch as per plans.
- Permit – express permit program May 2016Complete
Rewiring on existing conduits
- Permit - renovation/alteration Apr 2016Complete
Existing 2 story w/bsmt residential brick building - replace 1 existing rear open wood porch w/new same size and location
- Permit – express permit program Mar 2016Complete
Upgrade electrical service to 200 amps, no other word
- Permit – express permit program Aug 2015Complete
Install new 400 amp service, old service was stolen, and replace fixtures, outlets and switches.
- Permit - renovation/alteration Apr 2015Complete
Interior renovation of existing 1-story masonry coach house building deconversion from two into one unit as per architectural plans
- Permit - renovation/alteration Jan 2015Complete
Deconversion from 8 dwelling units into 6 dwelling units by eleminating the basement illegal units and address the stop work order as per plans.
- Permit - renovation/alteration May 2014Complete
Remove and replace existing wood rear porch system as per plans
- Permit - easy permit process Oct 2011
Fences: 40ft 0in x 6ft 0in: qty 1
Chicago Department of Buildings
Safety and environment
FEMA natural hazard risk
Relatively Low
Highest for this area: cold wave. These drive insurance cost here.
FEMA National Risk Index, census tract
Leaking fuel tanks
3 within 1,650 ft
Nearest: Sinclair Cartage, Inc., 22 North Kildare Ave. (1,050 ft), no further action. Every release here is closed by the state regulator.
EPA UST Finder, leaking underground storage tank releases
Brownfield site
1,000 ft
4301 W Madison St and 4 more within half a mile. Former industrial land in EPA's cleanup and reuse program.
EPA ACRES Brownfields
Toxic release facility
2,950 ft
Chicago Anodizing Co and 13 more within a mile. Reports chemical releases to air, water or land to EPA each year.
EPA Toxics Release Inventory
Radon potential
Moderate
Average indoor levels of 2 to 4 pCi/L. EPA still suggests testing ground-floor and basement units.
EPA and USGS Geologic Radon Potential Map
Nearest public schools
1,100 ft
Hefferan Elem School (1,100 ft), Legal Prep Academy Charter HS (1,350 ft), Melody Elem School (2,050 ft). Confirm the assigned school with the district.
U.S. Department of Education, NCES
Major airport
6.4 mi
Chicago Midway (MDW). Aircraft may be audible under approach paths.
FAA large-hub airports
Sinkhole-prone ground
Limestone karst
The bedrock here (dolostone (dolomite), Silurian) can dissolve and open sinkholes. Ask for a geotechnical report and check whether sinkhole coverage is in the insurance policy.
USGS Karst in the United States (OFR 2014-1156)
Conforming loan limit 2026
$832,750
Cook County. Mortgages up to this amount qualify for Fannie Mae and Freddie Mac pricing. Above it, the loan is a jumbo with stricter terms.
FHFA Conforming Loan Limit Values, one-unit
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Who lives and works in Chicago
Trading floors, logistics and the deepest architecture stock in America
Chicago carries a full corporate economy at a price the coasts do not match. Neighborhoods are distinct and walkable, two and three flats are everywhere, and the Loop still sets the commute for finance, law and consulting.
- $71,673
- median household income
- 18.9%
- residents aged 25 to 34
- 45%
- households that own their home
What pays the bills
- Finance and trading
- Logistics and rail
- Law and consulting
- Healthcare
- Manufacturing
Who anchors the economy
CME Group · Boeing suppliers · University of Chicago · Northwestern Medicine · United Airlines
The market is shaped around
- Young professionals
- Families buying space
- Two and three flat owners
More on West Adams Street
All addressesViewing recommendations
What's worth checking in person before deciding.
- Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
- Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
- Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
- Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
- Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
- Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.
Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.
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