A 3-Bedroom with Wood Burning Fireplace in the Gold Cost for $545,000: 40 E. Delaware
This 3-bedroom in 40 E. Delaware in the Gold Coast came on the market in June 2022.
Built in 1926, this building has 75 units but no attached parking.
It has 24 hour doorstaff and an exercise room.
This is a corner unit with natural hardwoods throughout and a wood burning fireplace.
The listing says it has an “updated” kitchen with new white Carrara quartz countertop, subway tile backsplash and refurbished cabinets.
It has a dining room.
The primary suite has an en suite bathroom with new stone counter tops, new lighting, mirrors, fixtures and a marble steam shower and a walk-in-closet.
The second bath has been “updated” with new stone countertops, new fixtures and new subway tile in the shower.
All three bedrooms have windows.
It has washer/dryer in the unit, wall air conditioning units but there’s no parking in the building. You can rent it across the street.
This building is in the middle of the Gold Coast, near shops and dining and the Mag Mile.
Listed in June 2022 at $500,000, it has been reduced $5,000 to $545,000.
Is this a deal for a 3 bedroom?
Justin Lucas at @Properties Christie’s has the listing. See the pictures and floor plan here.
Unit #1602: 3 bedrooms, 2 baths, 1700 square feet
- Sold in August 1996 for $305,000
- Sold in January 2002 for $435,000
- Sold in March 2020 for $430,000
- Originally listed in June 2022 for $550,000
- Reduced
- Currently listed at $545,000
- Assessments of $1761 a month (includes doorman, cable, exercise room, exterior maintenance, scavenger, snow removal, Internet)
- Taxes of $10,298
- No central air but wall units
- No parking but available across the street
- Washer/dryer in the unit
- Wood burning fireplace
- Bedroom #1: 16×12
- Bedroom #2: 14×12
- Bedroom #3: 11×12
- Living room: 19×15
- Dining room: 19×14
- Kitchen: 8×10
Aug-96 price + CPI = $574k.
Held back by that HOA, which isn’t exorbitant for the unit size, but is still a big deal.
Looks like they’ve got the Motel 6 thru wall AC so thats a plus.
Painting and handle change is “Refurbished”
Not close to 1700sf
LOL on the HOA
If you had to be in the GC, I’d chose this – https://www.zillow.com/homedetails/21-W-Goethe-St-APT-10G-Chicago-IL-60610/3857949_zpid/
“I’d chose this”
Lack of laundry is a bummer. Any idea if prohibited? Perhaps allowed after the plumbing riser project is completed?
“I’d chose this”
sure, it’s bigger but it’s also u.g.l.y.
HOA is brutal and NYC-like
“sure, it’s bigger but it’s also u.g.l.y.”
And the subject property is a modern architectural marvel…
Beautiful staging and bright white paint. I can easily imagine replacing the staged furniture with mine, even though my own style is different. Kudos to the people who put together the listing.
Now, for the unit itself, ugh. Wall units AC, no parking, wood burning fireplace, dated kitchen. I had the same range and microwave from 2004 for 11 years until I replaced them last spring. So glad to have them gone.
For 21 W Goethe: Looks like a dated Marriott suite. No laundry and weird kitchen are perfect for a hotel.
FORGET EITHER of these…I would buy this…the aerial in photo 34 shows off the splendor in the context of the neighborhood….a true architectural marvel:
https://www.redfin.com/IL/Chicago/3410-S-Carpenter-St-60608/home/14075114?utm_source=myredfin&utm_medium=email&utm_campaign=recommendations_update&riftinfo=ZXY9ZW1haWwmbD0zMjcxNjImcD1saXN0aW5nX3VwZGF0ZXNfcmVjb21tZW5kYXRpb25zJmE9Y2xpY2smcz1yZWNvbW1lbmRhdGlvbnMmdD1pbWFnZSZlbWFpbF9pZD0zMjcxNjJfMTY2MDM5MjcxOF82JnVwZGF0ZV90eXBlPTEmbGlscl9zY29yZT0wLjgyOTkmbGlzdGluZ19pZD0xNTU4NTczNjMmcHJvcGVydHlfaWQ9MTQwNzUxMTQmcG9zaXRpb25fbnVtYmVyPTE
“FORGET EITHER of these…I would buy this…the aerial in photo 34 shows off the splendor in the context of the neighborhood….a true architectural marvel:”
Honey-STOP THE CAR!! – Truer words were never written
“FORGET EITHER of these…I would buy this…the aerial in photo 34 shows off the splendor in the context of the neighborhood….a true architectural marvel:”
This is why HOAs exist.
Too bad the inside does not live up to the outside. I kinda want to walk to see it. It’s five miles away, maybe bike it.
I like the layout, especially the french doors for the office (this is a 2 bed + office/den as there’s no closet)… but the price is insane especially with that HOA.
I also saw that castle home searching independently hahah
Decent interior despite the bland exterior. Interesting floor plan, and nice to have the extra office space. Seems like a deal considering the space and location. But no outdoor space, sadly, and no view.
I wrote that before checking the assessment. That’s way out of line. The asking price will have to drop further.
“Kudos to the people who put together the listing.”
Agreed Lauren. Staging and presentation matters. Quality of the pictures matters.
Re: the house on carpenter – https://blockclubchicago.org/2020/02/14/bridgeport-man-turned-his-home-into-a-castle-to-honor-his-late-wife-the-queen-of-my-heart-for-life/
@Madeline – – thank you for posting that blockclub link. Very touching. I too was mocking the home an thinking the occupants are image motivated (ornate exterior, luxury vehicles), but now I find the whole story so endearing and sweet. I wonder why he is selling now?