NOT LISTED FOR SALE

175 E Delaware Place, Unit 5402 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $656,000 - $879,000

2 Beds
2 Baths
-- Sq Ft
103,760 Sq Ft Lot

Sale Details

Date Sold: April 2, 2025

Last sale price $795,000

Est. 2% decrease in value since last sale

Current estimated payment $6,193 / mo

55 Days on Market

Highlights

  • Doorman
  • Wood Flooring
  • Party Room
  • Fitness Center
  • Community Indoor Pool
  • 2-minute walk to Jane Byrne Plaza

About This Home

As of April 2025

Breathtaking views, memorable sunrises, and iconic sunsets are only the beginning for this one-of-a-kind, exquisitely renovated home on the 54th Floor of Chicago's iconic "Hancock Building." No matter who you are, this unit highlights the best Chicago has to offer with its prime location: the heart of Gold Coast. It's next to the Magnificent Mile, next to the best shopping in the city, and a short two blocks away from gorgeous Oak Street Beach. This "bluechip" corner unit has been meticulously and completely redesigned, offering 2 bedrooms, 2 bathrooms, a spacious living area, a new kitchen with new appliances, split floor plan, separate dining room perfect for hosting, and in-unit laundry. The custom contemporary kitchen is a chef's dream, featuring Cambria countertops, Porcelanosa Spanish tile backsplash, touch-open/close cabinets, all-new Bosch appliances (including a refrigerator), electric cooktop, dishwasher, and range hood. The kitchen also boasts a Miele microwave and oven, a chef-grade garbage disposal with lighting and sound reduction, a touchless Kohler Sensate faucet, and dedicated wine storage. The frameless lighting throughout adds to the sleek, modern ambiance. New premium hardwood floors extend across the entire unit. Unwind in the luxurious primary suite which features custom ceilings designed to accentuate its idyllic lake views. Step into a massive walk-in closet, and relax in the spa-like ensuite bath with dual vanities, Porcelanosa Spanish tile, Cambria countertops, and upgraded fixtures. No detail has been overlooked. Residents of the Hancock Building enjoy an array of premium amenities, including a stunning pool and a recently renovated fitness center on the 44th Floor that offers panoramic views of the city. Additional conveniences include a USPS office, full-service grocery store, 24-hour door staff, onsite maintenance and management, a receiving room, Starbucks, Cheesecake Factory, Benihana, and attached garage parking available for purchase. Situated just steps from the lakefront, Oak Street Beach, and the Magnificent Mile, the Hancock is surrounded by high-end shopping, nightlife, and cultural landmarks. This newly remodeled unit not only boasts the best views in Chicago but is also outfitted with top-tier appliances and designer finishes. A must-see property to keep in the family for decades to come! Take a 3D Tour, CLICK on the 3D BUTTON & Walk Around.

Last Agent to Sell the Property

Matt Laricy

Americorp, Ltd License #471003711 Listed on: 12/10/2024

Last Buyer's Agent

Olin Eargle

@properties Christie's International Real Estate License #475133539

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,361

Year Built

  • Built in 1970

Lot Details

  • 2.38

HOA Fees

  • $1,217 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Entry on the 54th floor
  • Reinforced Caisson Foundation
  • Rubber Roof
  • Steel Siding

Interior Spaces

  • Built-In Features
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Ogden International Elementary And Middle School
  • Lincoln Park High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, security, doorman, tv/cable, exercise facilities, pool, scavenger, snow removal, internet
  • 703 Units
  • Servicedesk175@Sudlerchicago.Co Association, Phone Number (312) 944-0200
  • High-Rise Community
  • Property managed by Sudler
  • 100-Story Property

Amenities

  • Doorman
  • Restaurant
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Convenience Store
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,361

Year Built

Built in 1970

Lot Details

2.38 Acres

HOA Fees

$1,217 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 54
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 100

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 100
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Foundation Details: Reinforced Caisson
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Steel Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Leased, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1217
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Indoor Pool, Receiving Room, Restaurant, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: servicedesk175@sudlerchicago.co
  • Management Phone: 312-944-0200
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Ogden International
  • High School: Lincoln Park High School
  • Middle/Junior School: Ogden International

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Lease Amount: 390
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 9361.2
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 703

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Mar 10, 2022
Sold by
Padberg Frank T
Bought by
Alternative Alpha Re 1 Llc
Seller's Agent
Meg Nagel
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Neil Hackler
Engel & Voelkers Chicago
List Price
$382,999
Sold Price
$355,000
Premium/Discount to List
-$27,999
-7.31%
Current Estimated Value
$778,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,999
Avg. Annual Appreciation
21.36%

Purchase Details

Listed on
Nov 10, 2021
Closed on
Feb 18, 2022
Sold by
Padberg Frank T
Bought by
Alternative Alpha Re 1 Llc
Seller's Agent
Meg Nagel
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Neil Hackler
Engel & Voelkers Chicago
List Price
$382,999
Sold Price
$355,000
Premium/Discount to List
-$27,999
-7.31%

Purchase Details

Closed on
Oct 10, 2021
Sold by
Padberg Frank T and Padberg Helen Kristen
Bought by
Padberg Frank T and Padberg Helen Kristen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alternative Alpha Re 1 Llc $355,000 --
Alternative Alpha Re 1 Llc $355,000 --
Padberg Frank T -- Attorneys Ttl Guaranty Fund
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Alternative Alpha Re 1 Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2025 04/02/25 Sold $795,000 -6.5% --
02/03/2025 02/03/25 Pending -- -- --
12/10/2024 12/10/24 For Sale $850,000 +139.4% --
03/07/2022 03/07/22 Sold $355,000 -7.3% $255 / Sq Ft View Prior Sale
01/05/2022 01/05/22 Pending -- -- --
11/10/2021 11/10/21 For Sale $382,999 -- $275 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $9,361 $44,455 $4,895 $39,560
2024 $9,361 $44,455 $4,895 $39,560
2023 $9,126 $44,368 $3,941 $40,427
2022 $9,126 $44,368 $3,941 $40,427
2021 $8,922 $44,368 $3,941 $40,427
2020 $8,179 $36,716 $2,758 $33,958
2019 $8,005 $39,843 $2,758 $37,085
2018 $7,870 $39,843 $2,758 $37,085
2017 $8,587 $39,891 $2,207 $37,684
2016 $7,990 $39,891 $2,207 $37,684
2015 $7,310 $39,891 $2,207 $37,684
2014 $5,989 $32,280 $1,773 $30,507
2013 $5,871 $32,280 $1,773 $30,507
Source: Public Records

Agents Affiliated with this Home

  • Matt Laricy

    Seller's Agent in 2025

    Matt Laricy

    Americorp, Ltd

    (708) 250-2696

    53 in this area

    2,556 Total Sales

    Matt Laricy
    Section Image
  • Olin Eargle

    Buyer's Agent in 2025

    Olin Eargle

    @ Properties

    (312) 771-1328

    2 in this area

    155 Total Sales

    Olin Eargle
    Section Image
  • Meg Nagel

    Seller's Agent in 2022

    Meg Nagel

    Berkshire Hathaway HomeServices Chicago

    (312) 301-6400

    40 in this area

    41 Total Sales

    Meg Nagel
    Section Image
  • Neil Hackler

    Buyer's Agent in 2022

    Neil Hackler

    Engel & Voelkers Chicago

    (773) 677-3479

    1 in this area

    109 Total Sales

    Neil Hackler
    Section Image
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About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12254033

Midwest Real Estate Data (MRED)

APN: 17-03-220-020-1196

Illinois Cook County Chicago 60611 Magnificent Mile

175 E Delaware Place Unit 5402, Chicago, IL

Not Listed for Sale

Condos

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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