NOT LISTED FOR SALE

175 E Delaware Place, Unit 5502 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $548,548 - $626,000

2 Beds
2 Baths
1,374 Sq Ft
103,760 Sq Ft Lot

Last Sold December 21, 2017

Last sale price $525,000 $382 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,981/month

24 Days on Market

Highlights

  • Sauna
  • Attached Garage
  • Storage
  • Heated Floors
  • Dry Bar
  • 2-minute walk to Jane Byrne Plaza

About This Home

As of December 2017

Highly desirable Northwest corner unit at the iconic John Hancock. Stunning endless North views of Lake Michigan, Oak street beach and Lakeshore drive, plus cityscape to the West. Rare 10' ceilings! Totally rehabbed unit using high-end materials throughout. Beautiful cherry wood and stone flooring, along with exceptional millwork, create a warm and inviting space. Lovely stone bathrooms with heated floors, steam shower in master and whirlpool tub in guest bath. Floor to ceiling cabinets, recessed lighting, exceptional customer kitchen features granite counters, double over, breakfast bar with Murano glass lighting, walk-in pantry and Sub Zero wine and beverage centers. The guest bedroom doubles as a den or office and features a beautiful hidden Queen size wall bed! The Hancock is a full-service building with 24 hour door staff, on-site engineer, fitness center, indoor pool, Potash grocery store and dry cleaner. MUST SEE UNIT FOR ALL LUXURY RESIDENCE SEEKERS!

Last Agent to Sell the Property

Tiffany DeLuca

Kale Realty License #475139130 Listed on: 10/09/2017

Kale Realty

Last Buyer's Agent

Linda Ridge-Markram

@properties Christie's International Real Estate License #475172767

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • 1969

Lot Details

  • 2.38

HOA Fees

  • $1,127 per month

Parking

  • Attached Garage

Home Design

  • Steel Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Dry Bar
  • Storage
  • Sauna

Flooring

  • Wood
  • Heated Floors

Location

  • Property is near bus stop

Utilities

  • Zoned Cooling
  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1969

Lot Details

2.38 Acres

HOA Fees

$1,127 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Disability Access: Yes
  • Disability Access Details: 2+ Access Exits J
  • Unit Floor Level: 550
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1969
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 91
  • Year Built: 1969

Interior Features

  • Interior Property Features: Sauna/Steam Room, Bar-Dry, Elevator, Hardwood Floors, Heated Floors, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 25X17, On Level: Main Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 11X15, On Level: Main Level
  • Additional Rooms: Pantry
  • Master Bedroom: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Pantry, Dimensions: 4X4, On Level: Main Level
  • Bedroom 2: Dimensions: 11X16, On Level: Main Level
  • Estimated Sq Ft: 1374

Exterior Features

  • Exterior Building Type: Steel Siding

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

  • Air Conditioner: 3+ (Window/Wall Unit), Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK
  • Assessment Includes: Water, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 1127
  • Management Contact Name: Jennie Kobzaren
  • Management Phone: 312-944-0200

Fee Information

  • Management Company: Sudler

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17032200201216

Multi Family

  • Total Number Unitsin Building: 701
  • Number Stories: 91

Tax Info

  • Taxes: 7161.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Dec 19, 2017
Sold by
5502 East Delaware Place Llc
Bought by
Lara Larry E and Lara Sandra Jean
Seller's Agent
Tiffany DeLuca
Kale Realty
Buyer's Agent
Linda Ridge-Markram
@properties Christie's International Real Estate
List Price
$540,000
Sold Price
$525,000
Premium/Discount to List
-$15,000
-2.78%
Current Estimated Value
$579,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,637
Avg. Annual Appreciation
1.20%
Original Mortgage
$420,000
Outstanding Balance
$350,447
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$229,190

Purchase Details

Closed on
Jul 26, 2004
Sold by
Ware Wendell R and The Wendell R Ware Trust
Bought by
5502 East Delaware Place Llc

Purchase Details

Closed on
Jul 22, 1998
Sold by
Ware Wendell R
Bought by
Ware Wendell R and Wendell R Ware Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lara Larry E $525,000 Chicago Title
5502 East Delaware Place Llc $410,000 Rtc
Ware Wendell R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Larry E $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2017 12/21/17 Sold $525,000 -2.8% $382 / Sq Ft
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
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 $9,087 $46,474 $5,118 $41,356
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
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tiffany DeLuca

    Kale Realty

    (312) 939-5253

    5 Total Sales

    Tiffany DeLuca
    Section Image
  • Linda Ridge-Markram

    Buyer's Agent in 2017

    Linda Ridge-Markram

    @ Properties

    (312) 885-3552

    1 in this area

    24 Total Sales

    Linda Ridge-Markram
    Section Image
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About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09775418

Midwest Real Estate Data (MRED)

APN: 17-03-220-020-1216

Illinois Cook County Chicago 60611 Magnificent Mile

175 E Delaware Place Unit 5502, 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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