175 E Delaware Place, Unit 5502 Floor 550 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $5,031/month
Highlights
- Doorman
- Fitness Center
- Main Floor Bedroom
- Water Views
- Wood Flooring
- 2-minute walk to Jane Byrne Plaza
About This Home
Luxury Elevated! - 55th Floor Corner Residence at the John Hancock private residences with Iconic Chicago city Views! Marvel on the spectacular, unobstructed city and north Lake Michigan views and sunsets from the tall 10' windows with dazzling cityscapes from the living room and both bedrooms. This residence has been fully reimagined with high-end finishes throughout including wood and stone flooring, paired with custom millwork, creating a warm yet sophisticated ambiance. The luxurious stone bathrooms include heated floors, a spa-quality steam shower in the primary suite, and a whirlpool tub in the guest bath. The chef-inspired kitchen is perfect for home entertaining, boasting top-of-the-line appliances including Sub-Zero, Miele, and Wolf (induction cooktop and double oven), along with fitted wine and beverage coolers and a pantry room storage . Floor-to-ceiling custom cabinetry, recessed lighting , granite counters, a breakfast bar with modern pendants, and designer sconces complete this entertainer's dream kitchen. The versatile guest bedroom doubles as a den, hobby room or office, featuring a custom millwork hidden Murphy bed that allows the space to transform with ease. Custom closets and window storage too. Located just steps from the Magnificent Mile's premier shopping and dining, the lakefront pathway, and a short walk to Oak Street Beach, this home offers both luxury and convenience. The Hancock private residences provide unmatched amenities: 24-hour door staff, on-site engineer, state-of-the-art fitness center, indoor pool, Potash grocery store, and dry cleaner & receiving room -all within the building - no need to leave ! A truly must-see residence for those seeking elevated luxury living at one of Chicago's most iconic addresses.
Listing Agent
@properties Christie's International Real Estate License #475172767 Listed on: 09/23/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,087
Year Built
- Built in 1969
HOA Fees
- $1,314 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Steel Siding
Interior Spaces
- 1,371 Sq Ft Home
- Bar Fridge
- Electric Fireplace
- Tilt-In Windows
- Blinds
- Aluminum Window Frames
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Whirlpool Bathtub
- Steam Shower
Laundry
- Laundry Room
- Laundry in multiple locations
Utilities
- Zoned Cooling
- Heating Available
- 150 Amp Service
- Lake Michigan Water
Additional Features
- End Unit
- Property is near a bus stop
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
- 701 Units
- Amina Tagani Association, Phone Number (312) 944-0200
- Property managed by Sudler
- 91-Story Property
Amenities
- Doorman
- Valet Parking
- Party Room
- Coin Laundry
- Package Room
- Community Storage Space
- Elevator
Recreation
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
Map
About This Building
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $9,087 | $46,474 | $5,118 | $41,356 |
| 2023 | $8,837 | $46,383 | $4,120 | $42,263 |
| 2022 | $8,837 | $46,383 | $4,120 | $42,263 |
| 2021 | $8,657 | $46,383 | $4,120 | $42,263 |
| 2020 | $7,860 | $38,384 | $2,884 | $35,500 |
| 2019 | $7,680 | $41,654 | $2,884 | $38,770 |
| 2018 | $8,228 | $41,654 | $2,884 | $38,770 |
| 2017 | $8,251 | $41,702 | $2,307 | $39,395 |
| 2016 | $7,852 | $41,702 | $2,307 | $39,395 |
| 2015 | $7,161 | $41,702 | $2,307 | $39,395 |
| 2014 | $5,785 | $33,747 | $1,854 | $31,893 |
| 2013 | $5,659 | $33,747 | $1,854 | $31,893 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2025 09/30/25 | Pending | -- | -- | -- | |
| 09/23/2025 09/23/25 | For Sale | $565,000 | +7.6% | $412 / Sq Ft | |
| 12/21/2017 12/21/17 | Sold | $525,000 | -2.8% | $382 / Sq Ft | View Prior Sale |
| 11/02/2017 11/02/17 | Pending | -- | -- | -- | |
| 10/12/2017 10/12/17 | For Sale | $540,000 | +2.9% | $393 / Sq Ft | |
| 10/12/2017 10/12/17 | Off Market | $525,000 | -- | -- | |
| 10/09/2017 10/09/17 | For Sale | $545,000 | -- | $397 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $525,000 | Chicago Title | |
| Deed | $410,000 | Rtc | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | Adjustable Rate Mortgage/ARM |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12471908
APN: 17-03-220-020-1216
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