NOT LISTED FOR SALE

Park Newberry 55 W Delaware Place Unit 607 Chicago, IL 60610

Rush-Division Neighborhood

Estimated Value: $770,000 - $1,084,000

2 Beds
2 Baths
1,635 Sq Ft
$1,318/ mo HOA Fee

Last Sold May 18, 2023

Last sale price $775,000 $474 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,210/month

97 Days on Market

Highlights

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

About This Home

As of May 2023

With beautiful 365 day a year views of Washington Square Park and the Newberry Library, this rarely available 1635sf unit at the Park Newberry is a must see! The gracious open floorplan feels like a home and not an apartment. It features two large bedrooms, two baths, LR/DR combo with hardwood floors, and gas fireplace and opens to a a large 5'6" x24' balcony. Also included is one of the best parking spaces on the main floor of the heated garage with an enormous private storage room adjacent to the space. All of the common areas were recently renovated, including a beautiful Community Room, a private meeting room and a large exercise room with new equipment. M-F on-site management, 24hr long time door staff and maintenance Two dogs up to 25 lbs each welcome. 88% owner occupied; $1.7M in reserves. Assessments include parking and everything except Com Ed.

Last Agent to Sell the Property

Elizabeth Ballis

Compass License #475081668 Listed on: 01/04/2023

Compass

Last Buyer's Agent

Stacey Grossman

Baird & Warner License #475135334

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,481

Year Built

  • Built in 1998 | Remodeled in 2016

Lot Details

  • 1.55

HOA Fees

  • $1,318 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 1,635 Sq Ft Home
  • Gas Log Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Ogden Elementary School
  • Wells Community Academy Senior H High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 183 Units
  • Silvio Association, Phone Number (312) 951-6627
  • Property managed by Community Specialists
  • 12-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

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

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,481

Year Built

Built in 1998 | Remodeled in 2016

Lot Details

1.55 Acres

HOA Fees

$1,318 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • 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: 6
  • Rehab Year: 2016
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1635
  • Room Type: No additional rooms
  • Stories Total: 12
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Sliding Doors
  • ResoLivingAreaSource: Estimated

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Heat Pump
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1318
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, 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: Community Specialists
  • Management Contact Name: Silvio
  • Management Phone: 312-951-6627
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, 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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 16481.21
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Duke Stephen M and Duke Yuvonne L
Bought by
Duke Family Living Trust and Duke
Current Estimated Value
$882,288

Purchase Details

Listed on
Jan 4, 2023
Closed on
Apr 21, 2023
Sold by
Redmond Joseph and Redmond Pamela
Bought by
Duke Stephen M and Duke Yuvonne L
Seller's Agent
Elizabeth Ballis
Compass
Buyer's Agent
Stacey Grossman
Baird & Warner
List Price
$839,000
Sold Price
$775,000
Premium/Discount to List
-$64,000
-7.63%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$425,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2016
Closed on
Jun 1, 2016
Sold by
Hunter Randall L and Hunter Mareena J
Bought by
Redmond Joseph and Redmond Pamela
Seller's Agent
Elizabeth Ballis
Compass
Buyer's Agent
Elizabeth Ballis
Compass
List Price
$780,000
Sold Price
$780,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.09%
Original Mortgage
$546,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2001
Sold by
Kwon Julie K
Bought by
Gordon Daniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1999
Sold by
Park Newberry Llc
Bought by
Gordon Daniel D and Kwon Julie K
Source: Public Records
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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
Duke Family Living Trust -- None Listed On Document
Duke Stephen M $775,000 None Listed On Document
Redmond Joseph $780,000 Stewart Title
Gordon Daniel B -- --
Gordon Daniel D $452,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duke Stephen M $425,000
Previous Owner Redmond Joseph $546,000
Previous Owner Gordon Daniel B $508,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2023 05/18/23 Sold $775,000 -5.5% $474 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
03/01/2023 03/01/23 Price Changed $820,000 -2.3% $502 / Sq Ft
01/04/2023 01/04/23 For Sale $839,000 +7.6% $513 / Sq Ft
06/01/2016 06/01/16 Sold $780,000 0.0% $477 / Sq Ft View Prior Sale
05/21/2016 05/21/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $780,000 -- $477 / 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 $15,008 $71,766 $11,797 $59,969
2024 $15,008 $71,766 $11,797 $59,969
2023 $14,605 $75,113 $9,691 $65,422
2022 $14,605 $75,113 $9,691 $65,422
2021 $15,104 $75,111 $9,690 $65,421
2020 $15,022 $67,433 $6,648 $60,785
2019 $14,704 $73,184 $6,648 $66,536
2018 $14,456 $73,184 $6,648 $66,536
2017 $13,206 $61,346 $5,319 $56,027
2016 $11,787 $61,346 $5,319 $56,027
2015 $10,761 $61,346 $5,319 $56,027
2014 $10,106 $57,035 $4,274 $52,761
2013 $9,895 $57,035 $4,274 $52,761
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Ballis

    Seller's Agent in 2023

    Elizabeth Ballis

    Compass

    (312) 343-4545

    14 in this area

    113 Total Sales

    Elizabeth Ballis
    Section Image

  • S

    Buyer's Agent in 2023

    Stacey Grossman

    Baird Warner

    (312) 286-5999

    2 in this area

    29 Total Sales

    Stacey Grossman
    Section Image
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About Park Newberry

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11679040

Midwest Real Estate Data (MRED)

APN: 17-04-441-024-1056

Illinois Cook County Chicago 60610 Rush-Division

55 W Delaware Place Unit 607, 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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