RENTED MAY 5, 2025

Estimated Value: $373,000 - $410,000

2 Beds
2 Baths
-- Sq Ft
6,926 Sq Ft Lot

Last Sold December 30, 2024

Last sale price $385,000

Est. 2% increase in value since last sale

Current estimated payment $2,630/month

Highlights

  • Doorman
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Open Floorplan
  • Fitness Center
  • Rooftop Deck
  • Wood Flooring

About This Home

As of May 2025

Discover refined urban living at 40 E Delaware Pl, Unit 602, in the heart of Chicago's prestigious Gold Coast. This elegant 2-bedroom, 2-bathroom condo boasts a thoughtfully designed split-bedroom floor plan for privacy and versatility. The chef-inspired kitchen features top-of-the-line Miele appliances, a striking quartz waterfall island, and ample storage. Additional highlights include custom closets, designer window treatments, and an in-unit washer and dryer for ultimate convenience. The building offers many upscale amenities, including 24/7 door staff, a state-of-the-art fitness center, a rooftop deck with grilling stations, bike storage, and package delivery services. Ideally situated just steps from vibrant dining, high-end shopping, and premier entertainment options, this home delivers an unmatched blend of luxury, comfort, and city sophistication.

Last Agent to Rent the Property

Peter LoPresti

EXIT Strategy Realty License #475172184 Listed on: 12/30/2024

EXIT Strategy Realty

Last Renter's Agent

Chris Stefani

Keller Williams ONEChicago License #471005640

Keller Williams ONEChicago

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1927 | Remodeled in 2020

Lot Details

  • 6,926

Home Design

  • Entry on the 6th floor
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Patio

Schools

  • Ogden Elementary
  • Wells Community Academy Senior H High School

Utilities

  • Heating Available

Listing and Financial Details

  • Property Available on 1/1/25
  • Rent includes doorman

Community Details

Overview

  • 75 Units
  • Patty Madden Association, Phone Number (312) 291-9085
  • Property managed by Associa Chicagoland
  • 17-Story Property

Amenities

  • Doorman
  • Sundeck
  • Coin Laundry
  • Service Elevator
  • Lobby
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Year Built

Built in 1927 | Remodeled in 2020

Lot Details

0

Rental Info

  • Available Date: 2025-01-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Rental Price: 4650
  • Fees/Approvals: Move-in Fee,Move-in Mon-Fri
  • Max Pet Weight: 30

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • EntryLevel: 6
  • Property Attached: Yes
  • Property Sub-Type: Condo
  • Year Built: 1927
  • Age: 91-100 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): Yes
  • Rehab Year: 2020
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Elevator, Storage, Open Floorplan, Doorman, Lobby
  • Room Type: Foyer
  • Stories Total: 17
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Roof Deck
  • Lot Features: Corner Lot
  • Patio And Porch Features: Patio, Deck
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room, Service Elevator(s)
  • Rent Includes: Doorman
  • Management: Manager On-site
  • Management Company: Associa Chicagoland
  • Management Contact Name: Patty Madden
  • Management Phone: 312-291-9085

Schools

  • Elementary School: Ogden Elementary
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Ogden Elementary

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Dec 21, 2024
Sold by
Haney Carol S
Bought by
Acuna Diego and Valdez Marisol
Seller's Agent
Van Pezzello
Keller Williams ONEChicago
Buyer's Agent
Peter LoPresti
EXIT Strategy Realty
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Views
43
Current Estimated Value
$391,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,557
Avg. Annual Appreciation
1.70%
Original Mortgage
$288,750
Outstanding Balance
$286,514
Interest Rate
8.38%
Mortgage Type
New Conventional
Estimated Equity
$105,043

Purchase Details

Listed on
Aug 1, 2022
Closed on
Jan 31, 2023
Sold by
Sn Estates Illinois Llc
Bought by
Haney Carol S
Seller's Agent
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Van Pezzello
Keller Williams ONEChicago
List Price
$420,000
Sold Price
$370,000
Premium/Discount to List
-$50,000
-11.9%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$296,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2015
Closed on
Nov 25, 2015
Sold by
Mudd James A and Mudd Cecelia K
Bought by
Sn Estates Illinois Llc
Seller's Agent
Phyllis Owen
Jameson Sotheby's Int'l Realty
Buyer's Agent
Rubina Bokhari
Jameson Sotheby's Intl Realty
List Price
$465,000
Sold Price
$440,000
Premium/Discount to List
-$25,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.39%

Purchase Details

Closed on
Mar 23, 2001
Sold by
Jack Properties Lc
Bought by
Mudd James A and Mudd Cecelia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.02%

Purchase Details

Closed on
Jan 10, 2001
Sold by
Sanford Deborah B and Sanford Deborah
Bought by
Jack Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.18%

Purchase Details

Closed on
Feb 21, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Sanford Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
7.05%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Acuna Diego $385,000 Citywide Title
Haney Carol S $370,000 Chicago Title
Sn Estates Illinois Llc $440,000 Ct
Mudd James A -- --
Jack Properties Llc $380,000 Chicago Title Insurance Co
Sanford Deborah $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acuna Diego $288,750
Previous Owner Haney Carol S $296,000
Previous Owner Mudd James A $275,000
Previous Owner Jack Properties Llc $380,000
Previous Owner Sanford Deborah $157,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2025 05/05/25 Rented $4,450 -4.3% --
03/29/2025 03/29/25 Off Market $4,650 -- --
02/25/2025 02/25/25 Price Changed $4,650 -2.1% --
01/22/2025 01/22/25 Price Changed $4,750 -4.0% --
01/01/2025 01/01/25 Price Changed $4,950 0.0% --
12/30/2024 12/30/24 Sold $385,000 0.0% -- View Prior Sale
12/30/2024 12/30/24 For Rent $4,700 0.0% --
11/16/2024 11/16/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $399,000 +7.8% --
01/31/2023 01/31/23 Sold $370,000 -5.1% -- View Prior Sale
01/06/2023 01/06/23 Pending -- -- --
10/03/2022 10/03/22 Price Changed $390,000 -2.3% --
09/19/2022 09/19/22 Price Changed $399,000 -5.0% --
08/01/2022 08/01/22 For Sale $420,000 0.0% --
06/07/2019 06/07/19 Rented $4,500 -10.0% --
06/04/2019 06/04/19 Under Contract -- -- --
05/15/2019 05/15/19 For Rent $5,000 0.0% --
12/02/2015 12/02/15 Sold $440,000 -5.4% $314 / Sq Ft View Prior Sale
11/17/2015 11/17/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $465,000 -- $332 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $7,022 $36,988 $3,382 $33,606
2024 $7,022 $36,988 $3,382 $33,606
2023 $7,265 $36,598 $2,723 $33,875
2022 $7,265 $38,741 $2,723 $36,018
2021 $7,121 $38,741 $2,723 $36,018
2020 $7,525 $36,883 $1,906 $34,977
2019 $7,352 $40,024 $1,906 $38,118
2018 $7,228 $40,024 $1,906 $38,118
2017 $6,437 $33,277 $1,525 $31,752
2016 $6,165 $33,277 $1,525 $31,752
2015 $5,617 $33,277 $1,525 $31,752
2014 $5,107 $30,096 $1,225 $28,871
2013 $4,995 $30,096 $1,225 $28,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12262179

Midwest Real Estate Data (MRED)

APN: 17-03-209-019-1020