HGTV’s Windy City Rehab’s 4-Bedroom Duplex Condo at 200 E. Delaware in Streeterville
This 4-bedroom duplex up at 200 E. Delaware in Streeterville came on the market in October 2019.
200 E. Delaware was built in 1974 and has 189 units. It’s a full amenity building with an outdoor pool, exercise room, and doorman.
It also has an attached valet rental garage.
Those of you who watch HGTV’s Windy City Rehab will recognize this unit as the condo renovation they are doing on the show this season.
This unit now has an open floor plan on the main floor with the living room, dining room, kitchen.
The kitchen has custom modern wood cabinets with open shelving, Dacor appliances, a hidden wine bar with a wine refrigerator and an oversized island with seating for four.
3 of the 4 bedrooms are on the second floor, including the primary bedroom, with the fourth bedroom on the main floor.
The primary suite has a walk-in-closet, a marble bath with heated floors, a steam shower, a makeup vanity and Kohler fixtures.
This unit has two balconies, one on each floor.
It has all the features home buyers look for including central air, washer/dryer in the unit and rental parking is available in the building for $275 a month to $350 a month.
How much was done to this condo by Windy City Rehab?
From the Sun-Times:
Elsewhere in the episode, other problems are uncovered as Victoria realizes some of the red tape associated with renovating a unit in a high-rise building. It’s one of the first times the show has worked on such a property, but in a deluxe reveal, the team disassembled the gaudy faux painting, curved built-in entertainment wall and a bathroom that “looked like a box of crayons exploded” into a modern, hotel-like luxury unit that mirrored the space and breadth of a single family home.
The Delaware property — next door to the 875 North Michigan Avenue Building (formerly the John Hancock Building) where Victoria says she lived as a child on the 45th floor — is still for sale by the end of the episode, with a staggering $752,000 renovation price tag that was only about $23,000 less than the two paid for the unit. Victoria alleges the renovation price was “way underestimated by Donovan,” who had initially put the assessment at $485,000.
Originally listed in October 2019 for $1.75 million, it has been reduced to $1.425 million.
Is this a deal for the square footage and location?
Ryan Prevett at Jameson Sotheby’s has the listing. See the pictures here (sorry, no floor plan).
Unit #8-9C: 4 bedrooms, 3.5 baths, 3350 square feet, duplex up
- Sold in April 2019 for $775,000
- Originally listed in October 2019 for $1.75 million
- Reduced
- Currently listed at $1.425 million
- Assessments of $2675 a month (includes heat, a/c, gas, doorman, cable, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal)
- Taxes of $18,980
- Central Air
- Washer/dryer in the unit
- 2-car rental parking available for $275 to $350 a month (each???)
- Bedroom #1: 17×18 (second floor)
- Bedroom #2: 1312 (second floor)
- Bedroom #3: 11×11 (second floor)
- Bedroom #4: 18×10 (main floor)
- Living room: 15×16 (main floor)
- Dining room: 14×13 (main floor)
- Family room: 14×13 (main floor)
- Kitchen: 14×20 (main floor)
- Laundry room: 5×10 (second floor)
- Balcony: 15×6 (main floor)
- Balcony: 15×6 (second floor)
I have never quite understood why anyone would want to flip in a building that has assessments in the thousands, especially an old building like this one.
Painful to see the markdowns.
Not offensive but it’s still over priced, low floor, high HOA bldg.
I have a feeling that the photographer did a good job hiding the sins
Sabrina – why do you Consistently misstate the property taxes on rehab properties?
MZ. Good point.
I watched this episode yesterday. At the end of the episode she commented something on how the assessments were not included in her estimator’s budget. The kitchen design leaves a bit to be desired with no vent for the cook top and the oven being so far from everything else. On the show she said she won’t take less than 1.5 million but she’s definitely losing on this one.
Why rehab a unit with zero views and privacy in nearly all rooms?
Bluestreak I watched that episode too and was wondering why that particular building. It didn’t look like a “great deal” especially given what we know of downtown real estate and the glut of “luxury” condos.
this one was featured not a couple of weeks ago. likely a loser. all in was $1.520
https://www.redfin.com/IL/Chicago/1924-W-Berenice-Ave-60613/home/13388328
and she’s selling her own home in Bucktown after a couple of years of living there. maybe she needs the $ or leaving because of the ill will she’s garnered over the years in the neighborhood.
https://www.redfin.com/IL/Chicago/1831-N-Paulina-St-60622/unit-1/home/13355518
I wonder if the association with the show will further drive down the price, due to the well publicized construction issues and lawsuits
I live in close proximity to several of her sh$tshow rehabs. I’d like nothing more than for good comps near me to go for a bazillion dollars, but IMO their work does the neighborhood more harm than good. Please please tell me they’re leaving the city. LOL at not taking less than 1.5. They need a new season. Windy City Re-Adjustment of Expectations.
“and she’s selling her own home in Bucktown after a couple of years of living there. maybe she needs the $ or leaving because of the ill will she’s garnered over the years in the neighborhood.”
Probably got a call a few weeks back from the bank. “She” has been playing with house money if she’s that far out of the money
“he’s selling her own home in Bucktown”
Most likely not in “real” Bucktown
“why do you Consistently misstate the property taxes on rehab properties?”
She takes it from the listing.
In this case, it looks like the listing has it correct for 2019, pay 2020–there are two tax bills, one for 8c, one for 9c.
“likely a loser. all in was $1.520”
sat for a loooooong time in an unfinished state.
Tree in front–and the one to the west that you see in streetview–gone in the derecho.
“I live in close proximity to several of her sh$tshow rehabs.”
yep, me too. watching the construction is laughable…hence all the lawsuits.
“She takes it from the listing.
In this case, it looks like the listing has it correct for 2019, pay 2020–there are two tax bills, one for 8c, one for 9c.”
Yeah I know but its lazy, like really lazy and tends to paint a rosier picture than warranted
I cant imagine spending $275-350 for one parking spot after those high assessments.
“tends to paint a rosier picture”
??
The taxes are what they are, and it’s not like the IL assessment system results in automatic upward assessment after an “above” assessor value sale, particularly in a larger condo building.
“The taxes are what they are, and it’s not like the IL assessment system results in automatic upward assessment after an “above” assessor value sale, particularly in a larger condo building.”
The taxes on this place will be $30k (assume selling at current ask). Its a significant difference Vs &18k in the ad copy
Why so many fake plants?
There is something unsettling about the entire place. Maybe it’s that it looks directly into the building across the street at such a high price. Or maybe its the fake plants. I think its the fake plants.
“The taxes on this place will be $30k (assume selling at current ask)”
Nah. This one:
https://www.redfin.com/IL/Chicago/200-E-Delaware-Pl-60611/unit-17-18A/home/88665143
sold for $1,340,000 in Sep-16, and has a combined AV of $101,979, and a tax bill (no HO exempt) of $20,488. And that’s been accomplished with no meaningful wins on tax appeals.
So, it’s possible that Fritz starts drilling down that far, but I’d call it relatively unlikely.
In condo buildings like this taxes are relative for all apartements with respect to each tier. There is no consideration by the assessor for condition of any particular unit. Values are calculated from an average of sales in the building. With a unit this nice, the taxes will likey be a value, compared to more dated units in the building who will pay similiar taxes.
For a 3350 sq ft, the assessements don’t seem very high to me. They are within 10-15% similiar buildings in the area.
Couldn’t even hide the exposed conduit for the ceiling fixtures (pet peeve in high rise buildings which didn’t have ceiling boxes)?
“Couldn’t even hide the exposed conduit for the ceiling fixtures (pet peeve in high rise buildings which didn’t have ceiling boxes)?”
concrete ceiling makes rerouting things problematic.
under contract
“this one was featured not a couple of weeks ago. likely a loser. all in was $1.520
https://www.redfin.com/IL/Chicago/1924-W-Berenice-Ave-60613/home/13388328”
Just dropped to $1.499. Someone who likes it and can close quick might be able to get a deal!
Shocking
https://chicago.suntimes.com/windy-city-rehab/2021/6/14/22529869/windy-city-rehab-allison-victoria-gramenos-donovan-eckhardt-receivership-alovan
should’ve also updated that it closed at $1.3m, in Nov-20.