Seller's Agent in 2023
Sam Cusentino
Compass
(773) 316-1040
1 in this area
63 Total Sales
Park Newberry 55 W Delaware Place Unit 705 Chicago, IL 60610
Rush-Division NeighborhoodEstimated Value: $909,752 - $991,000
3
Beds
2.5
Baths
--
Sq Ft
67,474
Sq Ft Lot
Highlights
- Wood Flooring
- 5-minute walk to Chicago Avenue Station (Red Line)
- 1 Car Attached Garage
- Circular Driveway
- Balcony
- 1-minute walk to Washington Square Park
About This Home
As of May 2023A truly rare opportunity to own an East facing condo on a breathtakingly beautiful tree-lined street at the Park Newberry building that faces Washington Park Square and the historic Newberry Library in the Gold Coast. This unit has a gracious open split floor plan, tastefully renovated with all high-end finishes. The living and dining room lead to a spectacular eat-in kitchen made for an ideal gathering space. This custom kitchen features include an oversized island, high-end Viking appliances, a Viking stove with a full-size hood range that vents out, a butler's pantry, custom cabinets, quartz countertops, a wine fridge, and an abundant amount of storage including a true pantry! The primary suite includes a large walk-in closet and custom plantation blinds adorning the east-facing windows that allow the perfect blackout sleeping condition while also allowing a generous amount of light in if you desire. The primary suite also features an oversized en-suite bathroom with dual vanities as well as a powder area, and an extra-wide walk-in shower with a rain shower head! The ideally-sized 2nd bedroom with ensuite has dual vanities, a walk-in separate shower, a well as an oversized deep soaking tub. Making it the perfect room for any out-of-town guest to have their own separate wing of the condo. The 3rd bedroom has two generous closets with French doors. The living room and 3rd bedroom lead out to one of the most spectacular outdoor spaces in Chicago. Enjoy grilling and entertaining on a 28 x 4 balcony finished off with gorgeous slate tile flooring making it the perfect indoor/outdoor space. This unit has premium fixtures/finishes throughout including crown molding and is fully wired for surround sound. Washer and dryer in-unit and heated garage parking included. This iconic building is just blocks from the Chicago famous MagMile, Oak Street Beach, and a few mins away from the Business district of the loop. Recently renovated elevator modernization and renovated hallways, foyers, gym, and party rooms make this condo ready for years to come. The Five Star Staff includes an On-Site Manager, long-term door staff, and a maintenance team. This iconic building was done by the famous Magellan Development group, whose most recent work includes the Vista tower which will be added to the Chicago skyline. Deeded parking is sold separately for $25k.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,694
Year Built
- Built in 1998
Lot Details
- 1.55
HOA Fees
- $1,275 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Circular Driveway
- Parking Included in Price
- Deeded Parking Sold Separately
Home Design
- Brick Exterior Construction
Interior Spaces
- Family Room
- Living Room
- Dining Room
- Storage Room
- Laundry Room
- Wood Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Dual Sinks
- Separate Shower
Home Security
Outdoor Features
- Patio
Schools
- Ogden Elementary School
- Payton College Preparatory Senio High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 183 Units
- Silvio Brizu Association, Phone Number (312) 951-6627
- Property managed by Park Newberry Condominium Association
- 12-Story Property
Pet Policy
- Pets up to 25 lbs
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2023
Closed on
Apr 18, 2023
Sold by
Annen Shanafelt Revocable Trust
Bought by
Moustafa Yaser
Seller's Agent
Sam Cusentino
Compass
Buyer's Agent
Alexandre Stoykov
Compass
List Price
$899,000
Sold Price
$835,000
Premium/Discount to List
-$64,000
-7.12%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,188
Avg. Annual Appreciation
5.01%
Original Mortgage
$626,250
Outstanding Balance
$608,674
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$352,514
Purchase Details
Listed on
May 2, 2016
Closed on
May 30, 2016
Sold by
Barham Mark and Barham Linda
Bought by
Shanafelt Armen B and Armen B Shanafelt Revocable Tr
Seller's Agent
John Vossoughi
Jameson Sotheby's Intl Realty
Buyer's Agent
Leigh Marcus
@properties Christie's International Real Estate
List Price
$999,900
Sold Price
$1,015,000
Premium/Discount to List
$15,100
1.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.78%
Purchase Details
Listed on
Aug 16, 2013
Closed on
Aug 20, 2013
Sold by
Hilton Gregory J and Pinson Shirley J
Bought by
Barham Mark and Barham Linda
Seller's Agent
Elizabeth Ballis
Compass
Buyer's Agent
Elizabeth Ballis
Compass
List Price
$825,000
Sold Price
$790,000
Premium/Discount to List
-$35,000
-4.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$474,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Aug 16, 2013
Closed on
Jul 31, 2013
Sold by
Hilton Gregory J and Pinchon Shirley J
Bought by
Hilton Gregory J and Pinchon Shirley J
Seller's Agent
Elizabeth Ballis
Compass
Buyer's Agent
Elizabeth Ballis
Compass
List Price
$825,000
Sold Price
$790,000
Premium/Discount to List
-$35,000
-4.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 27, 2012
Sold by
Chicago Title Land Trust Company
Bought by
Rodgers Robert D and Rdr 2003 Amended & Restated Re
Purchase Details
Closed on
Aug 26, 1998
Sold by
Park Newberry Llc
Bought by
The Chicago Trust Company and Trust #1105746
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.05%
Purchase Details
Closed on
Jul 31, 1998
Sold by
Park Newberry Llc
Bought by
Beach John R and Beach Grace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.05%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moustafa Yaser | $835,000 | Proper Title | |
| Shanafelt Armen B | $1,015,000 | Proper Title Llc | |
| Barham Mark | $790,000 | Attorneys Title Guaranty Fun | |
| Hilton Gregory J | -- | Ticor Title Insurance Compan | |
| Hilton Gregory J | -- | None Available | |
| Rodgers Robert D | -- | Chicago Title Land Trust Co | |
| The Chicago Trust Company | $364,500 | -- | |
| Beach John R | $407,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moustafa Yaser | $626,250 | |
| Previous Owner | Barham Mark | $474,000 | |
| Previous Owner | Beach John R | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/02/2023 05/02/23 | Sold | $835,000 | -7.1% | -- | |
| 03/17/2023 03/17/23 | Pending | -- | -- | -- | |
| 02/22/2023 02/22/23 | For Sale | $899,000 | -11.4% | -- | |
| 06/01/2016 06/01/16 | Sold | $1,015,000 | +1.5% | $531 / Sq Ft | View Prior Sale |
| 05/12/2016 05/12/16 | Pending | -- | -- | -- | |
| 05/02/2016 05/02/16 | For Sale | $999,900 | +26.6% | $523 / Sq Ft | |
| 08/27/2013 08/27/13 | Sold | $790,000 | -4.2% | $413 / Sq Ft | View Prior Sale |
| 08/17/2013 08/17/13 | Pending | -- | -- | -- | |
| 08/16/2013 08/16/13 | For Sale | $825,000 | -- | $432 / 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 | $15,454 | $69,982 | $11,504 | $58,478 |
| 2024 | $15,454 | $69,982 | $11,504 | $58,478 |
| 2023 | $15,065 | $73,245 | $9,450 | $63,795 |
| 2022 | $15,065 | $73,245 | $9,450 | $63,795 |
| 2021 | $14,729 | $73,244 | $9,449 | $63,795 |
| 2020 | $14,648 | $65,756 | $6,483 | $59,273 |
| 2019 | $14,338 | $71,365 | $6,483 | $64,882 |
| 2018 | $14,097 | $71,365 | $6,483 | $64,882 |
| 2017 | $12,877 | $59,819 | $5,186 | $54,633 |
| 2016 | $11,481 | $59,819 | $5,186 | $54,633 |
| 2015 | $10,481 | $59,819 | $5,186 | $54,633 |
| 2014 | $9,842 | $55,616 | $4,167 | $51,449 |
| 2013 | $10,115 | $55,616 | $4,167 | $51,449 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Cusentino
-
Alexandre Stoykov
Buyer's Agent in 2023
Alexandre Stoykov
Compass
(312) 593-3110
29 in this area
1,131 Total Sales
-
John Vossoughi
J
Seller's Agent in 2016
John Vossoughi
Jameson Sotheby's Intl Realty
(773) 678-7082
36 Total Sales
-
Nathan Binkley
Seller Co-Listing Agent in 2016
Nathan Binkley
Compass
(312) 758-6486
112 Total Sales
-
Leigh Marcus
Buyer's Agent in 2016
Leigh Marcus
@ Properties
(773) 645-0686
1 in this area
1,075 Total Sales
-
Elizabeth Ballis
Seller's Agent in 2013
Elizabeth Ballis
Compass
(312) 343-4545
14 in this area
113 Total Sales
About Park Newberry
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11723933
APN: 17-04-441-024-1037
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.
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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