Beautifully Renovated 2/2 in the Park Newberry for $800,000: 55 W. Delaware in Gold Coast
This 2-bedroom in the Park Newberry at 55 W. Delaware in the Gold Coast came on the market in May 2025.
Built in 1998, the Park Newberry has 183 units and attached garage parking.
This listing says the following about the amenities:
“Park Newberry is a premier, 5-star, 85% owner-occupied building with 24-hour door staff, on-site maintenance, professional management, a modernized fitness center, rooftop deck, and community room with catering kitchen. Pet-friendly (up to 2 pets, 25 lbs. max).”
This unit has been “beautifully renovated” and has a split floor plan.
It has 7.5″ engineered hardwood floors throughout, all new plumbing and electrical, new doors, trim and hardware.
There is a marble gas fireplace in the living room with custom built-ins, wood shelving and an inset TV.
The kitchen has white soft close cabinetry, Bosch appliances, quartz countertops and backsplash, and undermount Franke sink, a large pantry with pull-out shelving and a custom metal vent hood.
There’s a breakfast area with a custom banquette with store, and a wine nook with fridge and dedicated glassware storage.
The primary bedroom has blackout shades, custom closets and a spa-like bath with freestanding tub and walk-in-shower, dual floating vanities, make-up counter and linen closet.
This unit has the features buyers look for including central air, side-by-side washer/dryer in the unit and one deeded garage parking space with the option to buy a second one for $45,000.
It has a large south balcony that overlooks the trees.
The listing describes this building’s location as the following:
Park Newberry is conveniently located near heart of Gold Coast between two tree-lined streets, directly adjacent to Washington Square Park. 100 walk score, 93 transit score, and 86 bike score, a couple blocks away from red-line train, bike paths, Whole Foods, Lifetime Fitness, shopping and more.
It was listed in May 2025 for $800,000, which is $260,000 above the 2022 sales price of $540,000.
Buyers love “new.”
Will the sellers get the premium?
Deborah Ballis Hirt and Elizabeth Ballis at Compass have the listing. See the pictures and floor plan here.
Unit #314: 2 bedrooms, 2 baths, 1500 square feet
- Sold in February 1998 for $264,000
- Sold in August 2022 for $540,000
- Currently listed at $800,000
- Assessments of $979 a month (includes heat, air conditioning, gas, parking, doorman, cable, exercise room, exterior maintenance, lawn care, scavenger, snow removal, Internet)
- Taxes of $11,315
- Central Air
- Side-by-side washer/dryer in unit
- 1-car garage parking included (second space available for $45,000)
- Gas fireplace
- Bedroom #1: 14×14
- Bedroom #2: 12×14
- Living room: 16×19
- Kitchen: 12×9
- Dining room: 10×12
- Breakfast room: 10×10
- Balcony: 6×16
Nothing inside this building can overcome the ‘suburban senior living’ vibe of the exterior.
Terrible waste of this location.
Seems rather small for the price, though I guess that reflects the location. Good to see parking included too. That’s worth a lot. Besides size and lack of much charm, I don’t see many problems with this unit. The building itself is OK, I suppose, but there’s a suburban look to it, as if it would fit right in across the street from the Arlington Heights Metra station. And anyone who wants a view from their near-north condo could find better choices.
Funny – I wrote my comment complaining of the suburban exterior vibe before I saw anon’s comment saying the same! Great minds…
“And anyone who wants a view from their near-north condo could find better choices.”
It’s not a view building. But it has one of the best locations in this neighborhood as it’s surrounded by quiet streets and Washington Park, which is lovely.
marked contingent