NOT LISTED FOR SALE

Residences 132 East Delaware Place 132 E Delaware Place Unit 5501 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,304,000 - $1,420,000

Studio
-- Bath
1,374,700 Sq Ft
$1/Sq Ft Est. Value

About This Home

This home is located at 132 E Delaware Place Unit 5501, Chicago, IL 60611 and is currently estimated at $1,363,359, approximately $0 per square foot. 132 E Delaware Place Unit 5501 is a home located in Cook County with nearby schools including Ogden Elementary School, Wells Community Academy High School, and Frances Xavier Warde School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2025
Sold by
Lsp/Chi Llc
Bought by
Ritchie Thomas W
Current Estimated Value
$1,363,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$1,039,148
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$324,211

Purchase Details

Closed on
Dec 23, 2012
Sold by
Gershman Janis
Bought by
Lsp Chi Llc

Purchase Details

Closed on
Feb 11, 2009
Sold by
Gershman Jerome L
Bought by
Gershman Janis and Janis Gershman Revocable Trust

Purchase Details

Closed on
May 7, 2003
Sold by
Liang Paul
Bought by
Gershman Jerome L and Jerome L Gersham Revocable Trust

Purchase Details

Closed on
Jul 10, 2002
Sold by
Liang Paul and Liang Bart
Bought by
Liang Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ritchie Thomas W $1,300,000 Chicago Title
Lsp Chi Llc -- None Available
Gershman Janis -- None Available
Gershman Jerome L $1,500,000 Multiple
Gershman Jerome L $1,500,000 Multiple
Liang Paul -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritchie Thomas W $1,040,000
Previous Owner Liang Paul $1,000,000
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,102 $137,094 $4,735 $132,359
2024 $28,102 $137,094 $4,735 $132,359
2023 $27,395 $133,191 $3,812 $129,379
2022 $27,395 $133,191 $3,812 $129,379
2021 $28,799 $143,215 $3,811 $139,404
2020 $25,544 $114,667 $2,668 $111,999
2019 $25,000 $124,434 $2,668 $121,766
2018 $24,580 $124,434 $2,668 $121,766
2017 $26,184 $121,632 $2,134 $119,498
2016 $24,362 $121,632 $2,134 $119,498
2015 $22,289 $121,632 $2,134 $119,498
2014 $23,447 $126,375 $1,715 $124,660
2013 $22,984 $126,375 $1,715 $124,660
Source: Public Records

About Residences 132 East Delaware Place

Map

Illinois Cook County Chicago 60611 Magnificent Mile

132 E Delaware Place Unit 5501, Chicago, IL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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