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40 East Delaware Place

40 East Delaware Place, Chicago, IL 60611
Condo in Gold Coast
1 Units For Sale
Unit for sale at 40 E DELAWARE Place, Chicago, IL 60611

$390,000 In Contract

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
40 E DELAWARE Place #1003, Chicago, IL 60611 Listing by Frank Jeffery

40 East Delaware Place is a condo located in Gold Coast, Chicago. The building was first built in 1930 and is 94 years old. 40 East Delaware Place has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 20 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 222 days and tend to sell below the original asking price of $228,900 by 10.00%. Meaning, listings tend to sell at a median of $324 price per square foot. The transaction that took the longest to complete was unit 1405, listed on Oct 07, 2020 for $240,000. This particular unit ultimately sold 330 days later for $215,000. The most recent transaction was for unit 1601, sold for $228,000 on Apr 06, 2023. Fun fact, the oldest transaction we have on record took place on May 06, 1997. See the full transaction history for 40 East Delaware Place below.

Gold Coast, where 40 East Delaware Place is located, has a median asking price of $629,000 for condo buildings. Meanwhile, the building itself has a median asking price of $228,900. For interested buyers, that means the building's median asking price is around 0.64% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $390,000. It is a 1,350 sqft 2-bedroom and 2-bathroom unit.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

14 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240308 Unit 304
03/08/2024
304
1 Bed
1 Bath
-
$199,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Dana Bokor
Jameson Sotheby's International Realty
20230825 Unit 1104
08/25/2023
1 Bed
1 Bath
-
$234,900
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Joseph Barsano
Pearson Realty Group
20210913 Unit 1003
09/13/2021
2 Bed
2 Bath
1350 ft²
$380,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1350 ft²
-
-
-
Mark Koehler
d'aprile properties
20211004 Unit 1002
10/04/2021
3 Bed
2 Bath
1800 ft²
$350,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1800 ft²
-
-
-
Joe Zimmerman
Keller Williams ONEChicago
20210401 Unit 1002
04/01/2021
2 Bed
2 Bath
1800 ft²
$499,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1800 ft²
-
-
-
-
20200828 Unit 1405
08/28/2020
1 Bed
1 Bath
700 ft²
$240,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
700 ft²
-
-
-
-
20200715 Unit 1504
07/15/2020
1 Bed
1 Bath
700 ft²
$228,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
700 ft²
$206,000 -10.00%
02/22/2021
Betsy Stavropoulos
20200227 Unit 601
02/27/2020
601
2 Bed
2 Bath
-
$400,000
bedrooms
2 Bed
bathrooms
2 Bath
$375,000 -6.25%
09/17/2020
Alex Wolking
20200228 Unit 503
02/28/2020
503
2 Bed
2 Bath
1350 ft²
$419,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1350 ft²
-
-
-
-
20200120 Unit 904
01/20/2020
904
1 Bed
1 Bath
-
$239,900
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20191115 Unit 1305
11/15/2019
1 Bed
1 Bath
-
$239,900
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20190612 Unit 1605
06/12/2019
1 Bed
1 Bath
-
$239,800
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20190513 Unit 904
05/13/2019
904
1 Bed
1 Bath
-
$245,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20181018 Unit 1002
10/18/2018
2 Bed
2 Bath
1800 ft²
$624,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1800 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 75
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,097
  • Total Building Area: 3,600
  • Building Area: 3,600
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Window/unit air conditioning
  • Heating: Electric
  • Heated Square Feet: 705
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: CANAL TRUSTEES SUB
  • Land Acres: 0.25
  • Standard Land Use Code: Commercial building
  • Legal Description 1: (NAPERS) RESUB OF LTS2-5 IN SUPERIOR COURT PARTN A SU B OF E2/3 BLK12 OF CANAL TRUSTEES SUB OF S FRCL 1/4 SEC 03-39-14

Ownership

  • Current Owner : AMERICAN NATIONAL BK & TR CO OF CHICAGO
  • Previous Owner : LASALLE NATIONAL TRUST NA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 081201

Zoning

  • Zoning: PD 226

Geography

  • Assessors Map Reference: 02S-13-06
  • District: 74
  • Parcel: 17-03-209-018-0000
  • Block: 12
  • Lot: 2-5
  • Meridian: SEC 03 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.8994
  • Longitude: -87.6272

    Address

  • Full Address: 40 E Delaware Pl
  • Address - House Number: 40
  • Street Direction: E
  • Address - Street Name: Delaware
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C028
  • 4-Digit Zip Code: 1429
  • Zip Code: 60611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $58,911
  • Tax Rate Code Area: 74002

    Market Valuation

  • Market Total Value: $841,060
  • Market Land Value: $17,464
  • Market Improvement Value: $823,596

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,265
  • Assessed Land Value: $4,366
  • Assessed Improvements Value: $205,899

    Sales

  • Current Sale Contract Date: Jul 27, 1995
  • Current Sale Recording Date: Aug 09, 1995
  • Current Sale Transaction ID: 1133091347
  • Current Sale Price: $6,013,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 95525446

    Last Sale Mortgage

  • First Mortgage Lender: INTERNATIONALE NEDERLANDEN CAP
  • First Mortgage Transaction Date: Aug 09, 1995
  • First Mortgage Loan Amount: $6,200,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 31, 1997

About Central Chicago



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Frequently Asked Questions

What neighborhood is 40 East Delaware Place located in?
The 40 East Delaware Place is a condo located in the neighborhood of Gold Coast in Central Chicago, Chicago.
How many listings are currently for sale in 40 East Delaware Place?
There is one unit for sale right now.
What is the average sales price for listings in 40 East Delaware Place?
The average sales price for units in 40 East Delaware Place is $228,900 , or $324/sqft. currently.

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