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HUGE PRICE REDUCTION! Rarely available 2 BEDROOM PENTHOUSE residence in an intimate boutique building on one of the Gold Coast's most coveted corners. This spacious home blends vintage charm with modern updates and offers an exceptional layout for both everyday living and entertaining. The updated kitchen features custom cabinetry, stone countertops, and high-end stainless steel appliances, opening seamlessly to the main living area. An adjacent, oversized formal dining room with a fireplace provides an elegant setting for entertaining, while French doors allow for separation from the living room when desired. The spacious primary suite features a generous walk-in closet, a beautifully appointed ensuite bath, and its own fireplace. The additional bedroom offers flexibility for guests or a home office. Wide-plank hardwood floors, abundant closet space, additional storage, and a side-by-side in-unit washer/dryer complete this exceptional residence. A rare opportunity to combine with Unit 1701 and potentially create an expansive full-floor residence.

Highlights

  • Residential
  • Condominium
  • Built in 1922
  • $3,946/mo HOA
  • 51 days on Market

  • Bedrooms
    2
  • Bathrooms
    3
  • Year Built
    1922
  • Stories
    17.0
  • Construction Materials
    Brick
  • Living Area
    2696.0
  • Interior Features
    Walk-In Closet(s), Storage, Entrance Foyer, Built-in Features
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range, Disposal, Stainless Steel Appliance(s)
  • Flooring
    Hardwood
  • Cooling
    Central Air
  • Heating
    Forced Air
  • Basement
    None

  • Lot Features
    Corner Lot
  • View
    Water
  • Utilities
    Cable Available


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Frequently Asked Questions

How do I schedule a tour of 40 E Delaware Pl #1702?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 40 E Delaware Pl #1702.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 40 E Delaware Pl #1702?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 3 bath, listed for $550,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Chicago, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 40 E Delaware Pl #1702?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 40 E Delaware Pl #1702 at around $4,596. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 40 E Delaware Pl #1702?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cook County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 40 E Delaware Pl #1702?

In most cases, yes. Whether 40 E Delaware Pl #1702 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Chicago's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 40 E Delaware Pl #1702?

We can handle that for you. Our preferred local agent specializes in residentials in Chicago and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $550,000 with 2,696 sqft of space—that comes out to approximately $204 per square foot.

How long has this property been on the market?

40 E Delaware Pl #1702 was listed on September 21, 2026, which means it's been on the market for 51 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1922, making it approximately 104 years old.

What are the property taxes for 40 E Delaware Pl #1702?

The most recent public record shows annual property taxes for 40 E Delaware Pl #1702 were approximately $17,593. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $3,946 paid monthly.

This covers access to community features including: Storage, Party Room, Laundry, Coin Laundry, Service Elevator(s).

Is 40 E Delaware Pl #1702 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 11, 2026 at 03:01AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12765335