NOT LISTED FOR SALE

Estimated Value: $557,255 - $1,214,000

3 Beds
3 Baths
2,522 Sq Ft
$1,891/mo HOA Fee

Last Sold February 28, 2023

Last sale price $1,075,000 $426 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $7,166/month

50 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Whirlpool Bathtub
  • Fitness Center
  • Wood Flooring
  • 1-minute walk to Washington Square Park

About This Home

As of February 2023

Looking for a Gold Coast condo that feels like a single family home? This is! This extra large 2500+ sq ft condo features 3 beds and 3 baths and it is in TURN KEY condition. There are 2 parking spots with storage rooms INCLUDED in the price!! Welcome to The Park Newberry at 55 W Delaware Place in Chicago's BEST Gold Coast location. There is no other unit in the building with this same floor plan because 2 units were combined to create this one-of-a-kind layout you won't find anywhere else. It lives like a single family home because it does not feature a wide open floor plan instead you have several rooms that you can be in and entertain in and it provides a lot of privacy and separation. It is RARE to find a condo with this much built-in and well thought out storage...you will have more closet and storage space than most SFHs! The dining and living room space is separate from the kitchen and the bedrooms are well spread out so ultimately it lives very much like a single-family home. The kitchen features custom cabinetry and Subzero and Kitchenaid appliances. There are 2 separate outdoor balconies to enjoy the beautiful courtyard view and also the views of Washington Square Park. The quality of construction is impressive, and no detail was overlooked you will enjoy high-end finishes all throughout this move-in ready home. This mid-rise building is the best hidden gem in Chicago's Gold Coast. Located on a picturesque setting across from Washington Square Park and The Historic Newberry Library you get a suburban feel in the middle of a bustling city. The Park Newberry is a full-service luxury building and it just underwent a large-scale remodeling project where all the common areas were re-imagined. The exercise room now features brand new state of the art equipment, and the party room is now a favorite space many of the residents enjoy. The door and maintenance staff are dubbed "the best in Chicago" because their friendly faces greet and service this primarily owner-occupied community of residents. If you are looking in Chicago's Gold Coast do not miss the chance to see this amazing unit in the fabulous Park Newberry. With this location you are just blocks from Michigan Ave, Holy Name Cathedral, Latin and Ogden International Schools, Oak Street Beach, the Lake and the best shopping and restaurants in all of Chicago. Dogs are welcome up to 25 lbs.

Last Agent to Sell the Property

Shelly Perkowski

@properties Christie's International Real Estate License #475118277 Listed on: 12/01/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Deborah Ryder

American International Realty License #475138187

American International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,617

Year Built

  • Built in 1998 | Remodeled in 2012

Lot Details

  • 1.55

HOA Fees

  • $1,891 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Circular Driveway
  • Parking Included in Price

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 2,522 Sq Ft Home
  • Built-In Features
  • Bookcases
  • Bar
  • Dry Bar
  • Historic or Period Millwork
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

Schools

  • Ogden Elementary
  • Wells Community Academy Senior H High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 182 Units
  • Silvio Brizu Association, Phone Number (312) 951-6627
  • Park Newberry Subdivision
  • Property managed by Park Newberry Condo Assoc
  • 12-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Lobby
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,617

Year Built

Built in 1998 | Remodeled in 2012

Lot Details

0

HOA Fees

$1,891 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Park Newberry
  • Year Built: 1998
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 10
  • Rehab Year: 2012
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12
  • Year Renovated: 2012

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Hardwood Floors, In-Law Arrangement, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Bookcases, Ceilings - 9 Foot, Some Carpeting, Special Millwork, Some Wood Floors, Granite Counters, Lobby
  • LivingArea: 2522
  • Other Equipment: TV-Cable, Fire Sprinklers
  • Room Type: Foyer
  • Stories Total: 12
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 1199900
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Circular
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1891
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Park Newberry Condo Assoc
  • Management Contact Name: Silvio Brizu
  • Management Phone: 312-951-6627
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Ogden Elementary
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Ogden Elementary
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 22616.84
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Feb 16, 2023
Sold by
Restated Howard C Tiffen Trust
Bought by
Robert C Lee Trust and Roberta Ann Lee Trust
Seller's Agent
Shelly Perkowski
@properties Christie's International Real Estate
Buyer's Agent
Deborah Ryder
American International Realty
List Price
$1,199,900
Sold Price
$1,075,000
Premium/Discount to List
-$124,900
-10.41%
Views
6
Current Estimated Value
$869,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$205,186
Avg. Annual Appreciation
-9.96%

Purchase Details

Closed on
Jan 31, 2006
Sold by
Kokinis Greenberg Denise
Bought by
Tiffen Howard C and Tiffen Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,100
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 24, 2003
Sold by
Greenberg Barry A and Greenberg Denise
Bought by
Kokinis Greenberg Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5%
Source: Public Records

Range of Values:

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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
Robert C Lee Trust $1,075,000 Proper Title
Tiffen Howard C $379,000 Multiple
Kokinis Greenberg Denise -- Mercury Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tiffen Howard C $341,100
Previous Owner Kokinis Greenberg Denise $47,000
Previous Owner Kokinis Greenberg Denise $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $1,075,000 -10.4% $426 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $1,199,900 -- $476 / 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
2024 $6,535 $32,760 $5,385 $27,375
2023 $6,349 $34,288 $4,424 $29,864
2022 $6,349 $34,288 $4,424 $29,864
2021 $6,225 $34,286 $4,423 $29,863
2020 $6,857 $30,782 $3,035 $27,747
2019 $6,712 $33,407 $3,035 $30,372
2018 $6,599 $33,407 $3,035 $30,372
2017 $6,028 $28,003 $2,428 $25,575
2016 $5,609 $28,003 $2,428 $25,575
2015 $5,131 $28,003 $2,428 $25,575
2014 $4,830 $26,035 $1,951 $24,084
2013 $4,735 $26,035 $1,951 $24,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11681367

Midwest Real Estate Data (MRED)

APN: 17-04-441-024-1028