Turn Key Renovated 1-Bedroom in the Hancock: 175 E. Delaware in the Gold Coast
This 1-bedroom in the John Hancock at 175 E. Delaware in the Gold Coast came on the market in February 2022.
Built in 1969, the Hancock, which is no longer called that as the naming rights have expired but until someone new buys the rights I’m calling it that, it has 703 units and commercial and retail space on the lower floors.
The building has 24-hour door staff, an indoor pool, exercise room and in-house grocery store.
There is attached leased parking.
This unit is on the 58th floor and has northern views.
The listing says it has been “renovated” and is now “turn key.”
In the renovation, the original “sky terrace” was removed to make way for a walk-in-closet.
There are wide plank hardwood floors throughout.
The kitchen has North Carolina Ultra Craft gray cabinets, quartz countertops and blacksplash with a waterfall edge and under cabinet lighting with luxury appliances including a Thermador induction stove, a Thermador oven with convection and dehydrate, a Thermador dishwasher, a Subzero refrigerator and a wine fridge.
The bath is “spa-like” with a Kohler toilet, Grohe faucet and shower with rain and handheld shower heads.
It has an office “nook” with built-ins as well as additional built-in storage along the windows, of which 2 of them are “operable”.
The unit has the features buyers look for including a Bosch ventless in-unit washer/dryer, electric heat/air and leased parking is available in the building.
There is also additional storage included.
The Hancock is at the heart of the Gold Coast and Mag Mile neighborhood with shops, restaurants, museums and Oak Street Beach just a short stroll away.
Buyers love “new.”
Listed at $408,600, is the Hancock cool again?
Lisa Huber and Michael Kearney at Berkshire Hathaway HomeServices have the listing. See the pictures and floor plan here.
Unit #5807: 1 bedroom, 1 bath, 908 square feet
- Couldn’t find the original sales price
- Sold in May 2017 for $300,000
- Currently listed at $408,900
- Assessments of $844 a month (includes doorman, cable, exercise room, pool, exterior maintenance, scavenger, snow removal, Internet)
- Taxes of $6156
- Electric wall heat/air
- Washer/dryer in the unit
- Leased parking available in the building
- Additional storage included
- Bedroom: 17×10
- Living room: 20×14
- Kitchen: 13×10
- Office: 6×4
- Foyer: 6×7
- Walk-in-closet: 7×10
Not bad, would have kept the skydeck
No door to the BR is a mistake
A good designer should go full Don Draper on one of these, it would be amazing
“No door to the BR is a mistake”
I like it as is for a small 1BR. Looks like it would be problematic framing in a door anyway with the deep ledge (heat?) along the window wall.
Nicely renovated, but this is a high price for a 1 bedroom in my building (Hancock).
No door to bedroom is also a mistake, I agree. I wonder if putting a door there is even possible. If not, that might make me lose any interest. Why have a separate bedroom if it gives no privacy or noise relief? Might as well just break down the wall completely.
Typically, units like this have been going for under $400,000 (a nice one on 60 sold for about $350,000 last year, also looking north, though it had a slight diagonal which can detract from value).
Having a W/D really isn’t necessary here. The laundry rooms are on every other floor and easily accessible. No need to go down to the lobby with all your clothes. I just put my stuff in and hang out in my unit, then check every now and then -it’s right across the hall.
One disadvantage of the Hancock, which no realtor will tell you, is the noise the building makes during wind storms. It’s actually hard to sleep here on a windy night with all the creaking. Worse than any other high rise I’ve lived in. Not a deal breaker, but worth knowing.
Not sure how much longer I’ll be renting here. Owner has indicated he might want to sell. Lease ends this spring. We’ll see.
“Looks like it would be problematic framing in a door anyway with the deep ledge (heat?) along the window wall.”
If you look at the old pics, there was a door and wall (Storefront) going to the mullion on the outside window creating the skydeck
Dan – does your unit have a sky deck and do you find it useful?
Anyone know who sells those leather chairs in the lobby? I have a very similar couch to the one in the lobby and love the pairing.
Personally, I’d take the direct lake view bedroom with the giant WIC over an indoor “terrace” any day. Agree they should have kept the door to the bedroom. Should have included a bathtub as well. I can’t understand why you’d forego a bathtub in any home — why eliminate potential buyers when you go to sell.
This place seems rather nice. The lack of a bedroom door is annoying, but I imagine a single person will probably move here and it won’t matter. It lacks a bathtub, but lots of people prefer showers and never take baths. The location of the washer/dryer is really awkward. Is that the only spot where a washer/dryer could go? You would turn that bathroom into a luxurious retreat if that washer/dryer was housed someplace else.
I have a studio, and studios don’t have terraces. I’ve been in dozens of Hancock units, and I have seen maybe one where I thought the terrace part looked decent. Typically, they make the place look cheap, in my opinion. Something about those sliding glass doors. I like that they removed it in this unit.
This unit has been put under contract, I’m told.
“If you look at the old pics, there was a door and wall (Storefront) going to the mullion on the outside window creating the skydeck”
Looks pretty bad. Maybe something less commercial that provides some privacy. I’d image this place will be for someone single or an in town for a couple. Not really a big deal.
“This unit has been put under contract, I’m told.”
It wasn’t even on the market for 24 hours. Wow.
“You would turn that bathroom into a luxurious retreat if that washer/dryer was housed someplace else.”
You have to house it where the proper water lines are. The Hancock only allowed W/D in the unit a few years ago. I’m sure there are some rules on where it can go.
“Nicely renovated, but this is a high price for a 1 bedroom in my building (Hancock).”
That’s because there hasn’t been a fully renovated 1-bedroom with more expensive finishes like Thermador and Subzero in a decade or more?
Lol.
To me, for this square footage and finishes, this should have been listed at $450,000. That would put it on par with other nearby buildings. Heck, you’d pay $500,000 for one of these in Pearson on the Park with a 20 year old kitchen.
“One disadvantage of the Hancock, which no realtor will tell you, is the noise the building makes during wind storms. It’s actually hard to sleep here on a windy night with all the creaking. Worse than any other high rise I’ve lived in. Not a deal breaker, but worth knowing.”
I’ve wondered about this with this building. All high rises are designed to sway and creak. In a concrete building you can hear the concrete cracking.
I wonder what it’s like in Aqua or the St Regis?
A lot of buyers are “waiting” on the sidelines for inventory to come on in certain buildings, so I guess I’m not surprised this went under contract quickly.
There is so little for sale in many buildings but buyers have a wish list for certain ones. This is why that No 9 Walton unit was sold when it wasn’t even on the market. That buyer just really wanted to be in there and made an offer that couldn’t be refused.
Other than the lack of a bathtub and outdoor space, I could move in with a suitcase. Beautiful
I really should love it considering I am installing a nearly identical kitchen in all white in a few weeks. The Thermador appliances are not from the current style. Cooktop looks like Freedom induction https://www.thermador.com/us/products-list/cooktops-rangetops/induction-cooktops/CIT30YWBB
Sabrina, have you looked into having the ratings button fixed? Thanks.
I heard the bad creaking in the Legacy too which is another pretty tall building (72 floors)
This unit was renovated very well. I wonder how much of a pain it is to get out of this area via vehicle on a busy weekend? I dread making right hand turns on Michigan with so many damn people walking.
“The Thermador appliances are not from the current style.”
They bought it in 2017. Likely remodeled it then. Finishes probably 4 years old.
“One disadvantage of the Hancock, which no realtor will tell you, is the noise the building makes during wind storms. It’s actually hard to sleep here on a windy night with all the creaking. Worse than any other high rise I’ve lived in. Not a deal breaker, but worth knowing.”
It’s steel frame construction like an office building, not poured concrete floors. Does anyone know if this building was ever retrofitted with fire a sprinkler systems?
No sprinkler system as far as I know. I haven’t checked extensively for it, but I certainly haven’t noticed any in the hallway ceilings.
As far as getting out of here on a busy weekend, it’s easy. I used to live near Lake Shore and Belmont. Getting to the highway from there is a huge ordeal. Compared to that, living in Streeterville gives you very easy access to 94 via the Ohio Feeder. Sometimes it’s just 5 minutes. At most, 10. But I don’t tend to park at Hancock or nearby due to expense. I usually park for free on Orleans or west of there and just take the 20 minute walk to the Hancock. Better exercise and cheaper.
“Does anyone know if this building was ever retrofitted with fire a sprinkler systems?”
You can’t retrofit most of these older buildings. But the city did require them all to enhance fire safety. Lots of vintage buildings had big special assessments to pay for it. Most added it in the hallways, which was fine by the city especially in buildings where each unit has fire doors (like the Hancock.)
I would be surprised if the Hancock didn’t add it in the hallways somehow as most others built in the 1960s and 70s did.
Very nicely upgraded. I actually like the layout. I would have a real desk with triple monitors by the window though. I cannot get over that shit single monitor in the closet, so odd. \
$369K I’d say.