A 3-Bedroom Penthouse with Lake Views for $4.25 Million: 132 E. Delaware
This 3-bedroom penthouse in the Four Seasons Residences at 132 E. Delaware in the Gold Coast came on the market in September 2020.
The Four Seasons Residences were built in 1989. There are 106 units on top of the Four Seasons Hotel.
The condos have access to the amenities of the hotel including 24 hour room service, the spa, pool, and fitness center.
There is on-site parking, either valet or self-park.
This unit is an east and north facing and has Lake Michigan and city views.
It has 11 foot ceilings and a open 53 foot living/dining room and gallery that faces the Lake.
The unit has a chef’s kitchen with luxury appliances.
The primary suite has 2 dressing rooms and a large bath.
It has central air, washer/dryer in the unit and parking is available in the building.
This building sits next to the Mag Mile, within walking distance to Oak Street Beach and all the shops and restaurants of the Gold Coast.
Originally listed for $4.5 million, it has been reduced to $4.25 million.
At 4500 square feet, could this be a family home in the sky?
Nancy Tassone at Jameson Sotheby’s has the listing. See the pictures and floor plan here.
Unit #6502: 3 bedrooms, 3 baths, 4500 square feet
- Sold in October 2006 for $4.65 million
- Originally listed in September 2020 for $4.5 million
- Reduced
- Currently listed at $4.25 million
- Assessments of $4880 a month (includes heat, a/c, gas, doormen, exterior maintenance, lawn care, scavenger, snow removal, Internet)
- Taxes of $55,211
- Central Air
- Washer/dryer in the unit
- Parking available- either valet or self park
- Bedroom #1: 30×14
- Bedroom #2: 15×16
- Bedroom #3: 19×13
- Living room: 53×21
- Dining room: 19×19
- Kitchen: 25×13
- Laundry: 5×7
- Foyer: 14×10
- Gallery: 28×17
- Walk-in-closet: 21×13
- Walk-in-closet: 19×9
Look at that appreciation!
Great raw space, but execution makes The Buyer pool for this is extremely small. 500sf of dressing space = stuff UHNW people like
The condo over 4star hotel is going to be interesting moving forward. Def was built for Boomers and I don’t see GenX replacing boomers, especially with the Boomeriffic floor plans.
Also curious if the amenities/HOA fees are going up to help the Hotels stay afloat.
Sabrina likes to tout the number of $$$ sales, but it seems like there are a lot of these properties out there. Lateral moves to No9 or leaving the state?
“ At 4500 square feet, could this be a family home in the sky?”
LMAO. Did you even look at it?
It’s a snowbird residence or your pumping $1MM into it to make it livable as a family home. There are better options for a family.
I’d choose this over yesterday’s in a heartbeat. The one yesterday had windows looking at a wall. For $6 million, I expect far better.
24/7 room service sounds great. I’d turn into a JB Pritzker. Toilets, however, would remain in place.
“Taxes of $55,211”
That indicates a market value of about $2.6m.
All the rest of us pay more, so that 4S condo owners can pay less.
Ludicrous.
2021 AMV is $3,731,500 and under appeal. If that had been the ass last year, tax would have been ~$78k.
As to whether this could be a “family residence,” I suppose so. But if I were about to start a family and had this kind of money, I’d pick a more family-friendly neighborhood and perhaps a smaller, more vintage building.
The floor plan just isn’t all that conducive to being a family home. If you have two young kids, they either have to share the room next to your MBR, or one has to be all the way across the unit in the “office/BR.” Not ideal.
“I’d choose this over yesterday’s in a heartbeat. ”
Same, this is really a very nice and luxurious home for two older folks to enjoy
would spend a lot of time at the spa that’s for sure haha I wonder what all is included in your nearly 5k a month assessment
“ 24/7 room service sounds great. I’d turn into a JB Pritzker. Toilets, however, would remain in place.”
? This is the quality snark that brings me back to this blog comments each day.
Comment box won’t accept emojis and replaces them with “?”.
“Taxes of $55,211”
Completely agree. A fair tax should be $90,000 a year. It’s amazing how the super rich never have to pay their fair share. Look at the taxes at 840 N. Lake Shore Drive.
Unit #303 is 3,900 sqft and is listed for $2,950,000 and the taxes are $20,380 a year. A fair tax should be $59,000 a year!!!
Who is the city appraiser in 60611??
“Comment box won’t accept emojis and replaces them with “?”.”
Thanks KK. I updated the blog to the latest edition of wordpress. It clearly changed a few things on the site. This blog template is really old. I know everyone likes it but I may have to swap it out.
I really wish you’d find s way to get the rating box working again. I know you don’t care, but for some reason I do. I like to let people know when I agree with them, and it’s much easier to click that than to write a comment.
“I really wish you’d find s way to get the rating box working again. I know you don’t care, but for some reason I do. I like to let people know when I agree with them, and it’s much easier to click that than to write a comment.”
I will look at the plug ins this weekend. Could be the old one doesn’t work with the new wordpress updates.