Chicago · Cook County · IL
Homes for sale in
Delaware Place.
- Active listings
- 2
- Median list
- $230K
- Avg time on market
- 41 days
- Sold · last year
- 3
Active listings
2 homes on the market
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About the community
Attainable Gold Coast condominium living one block off the Magnificent Mile.
Delaware Place is the MLS building name for condominium units on East Delaware Place in Chicago's Gold Coast, part of the Near North Side along Lake Michigan. The Gold Coast is one of the city's most established and affluent residential districts, a well-preserved mix of vintage row houses, greystones, and doorman high-rises just steps from the lakefront. East Delaware Place runs one block west of North Michigan Avenue, so the address sits essentially one block from the Magnificent Mile, with Oak Street Beach and the lake a few blocks northeast. For a Gold Coast location, these condos are one of the more attainable entry points into the neighborhood. Building-specific details such as unit count, height, and year should be confirmed by address.
At a glance
One block off the Mag Mile
East Delaware Place runs a block west of North Michigan Avenue, steps from Magnificent Mile shopping, hotels, and dining.
Near Oak Street Beach
Oak Street Beach and the Lake Michigan lakefront trail are a few blocks northeast at Lake Shore Drive.
Attainable Gold Coast entry
Condo units, commonly studios and one-bedrooms, that offer one of the more attainable ways into the Gold Coast.
24-hour CTA Red Line
The Red Line runs 24 hours from the nearby Clark/Division and Chicago stations, with frequent Michigan Avenue and lakefront buses.
Streeterville medical district
Northwestern Memorial, Lurie Children's, and the Shirley Ryan AbilityLab are a short distance south, a draw for medical professionals.
Highly walkable
Daily errands, dining, transit, and the lake are all reachable on foot in one of Chicago's most walkable neighborhoods.
Chicago Public Schools
The Gold Coast is generally in the Ogden International attendance area, with CPS high school choice through GoCPS. Confirm the boundary by address.
What’s close
Delaware Place sits on East Delaware Place in the Gold Coast, one block west of North Michigan Avenue and a few blocks from Oak Street Beach and Lake Michigan.
- Shopping and dining
- The Magnificent Mile one block east, the Oak Street luxury boutiques to the north, and the Rush Street dining and nightlife corridor nearby.
- Beach and lakefront
- Oak Street Beach and the Lake Michigan lakefront trail a few blocks northeast at Lake Shore Drive.
- Transit
- The 24-hour CTA Red Line at the Clark/Division and Chicago stations, plus frequent Michigan Avenue and lakefront bus routes.
- Healthcare
- The Streeterville medical district, anchored by Northwestern Memorial Hospital, Lurie Children's, and the Shirley Ryan AbilityLab, a short distance south.
- Schools
- Chicago Public Schools, with the Gold Coast generally in the Ogden International area and high school through GoCPS choice. Confirm the boundary by address.
- Parking
- Parking is generally an added cost at this price point, whether in-building, valet, or a nearby garage. Confirm availability for the specific unit.
What it’s actually like to live here
Living here means trading square footage for location. The appeal is waking up one block from the Magnificent Mile, walking to Oak Street Beach in the summer, and having luxury retail, celebrated restaurants, the lakefront trail, and 24-hour Red Line service all within a few minutes on foot. For a single professional, a couple, a pied-a-terre buyer, or someone working in the nearby Streeterville hospital campus, a studio or one-bedroom here can be one of the more attainable ways to plant a flag inside one of Chicago's most prestigious residential neighborhoods.
The honest tradeoffs are the ones that come with any older, full-service urban building. A mid-century condo means older building systems, from plumbing to elevators to windows, that the association maintains over time, which is exactly why monthly assessments in these buildings tend to be meaningful and why reviewing the budget, reserves, and any special-assessment history matters before buying. Assessments cover a lot, but they are a real monthly cost on top of the mortgage and taxes.
This is a downtown, high-density lifestyle. Units are efficient rather than sprawling, some lines face other buildings rather than the lake, and the neighborhood is busy and tourist-adjacent given the Michigan Avenue proximity. Parking is rarely included at this price point, so buyers who need a car should budget for it separately. For buyers who want that energy and the lakefront at their doorstep, the tradeoff is usually worth it. For those who want quiet, space, and a driveway, a different neighborhood may fit better.
The questions buyers actually ask
Delaware Place FAQ
The questions I get most from buyers shopping Delaware Place. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Monthly assessments in Gold Coast condo buildings of this vintage typically bundle heat, water, door staff, building insurance, common-area maintenance, snow removal, and trash, and often cable and internet, into one payment, which is why full-service older buildings tend to sit toward the higher end of the range. The exact assessment, what it covers, the reserve position, and any special-assessment history are building-specific, so confirm them against the association's current budget and disclosures for the specific unit. Parking is generally not included at this price point and is usually an added cost, whether in-building, valet, or a nearby garage.
- What are property taxes like?
- Roughly $3,000 – $7,000 per year, depending on home size and value. Cook County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- What's the typical closing timeline?
- 45 to 90 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 90.
- Where exactly is Delaware Place?
- It refers to condominium units on East Delaware Place in Chicago's Gold Coast, on the Near North Side, roughly one block west of North Michigan Avenue and the Magnificent Mile, a few blocks from Oak Street Beach and Lake Michigan. Confirm the exact street address and building from the specific listing.
- What kinds of units are here?
- Condominiums, most commonly studios and one-bedrooms, with some larger layouts. Finishes, square footage, laundry, and views vary by line and floor and should be confirmed per unit.
- What do units cost and how is the market?
- The building is best described as an attainable entry point into the Gold Coast. Because pricing moves, check the live Market snapshot on this page for current listings and recent activity rather than relying on a fixed number.
- What do the monthly assessments cover?
- In Gold Coast condo buildings of this vintage, assessments typically cover heat, water, door staff, insurance, common-area maintenance, trash, and often cable and internet. The exact amount and inclusions for a specific building must be confirmed from the association's current budget and disclosures.
- What schools serve the area?
- Public schools are run by Chicago Public Schools. The Gold Coast generally falls in the Ogden International School of Chicago elementary attendance area, and high school is handled through the CPS GoCPS choice-and-application system. Verify the current boundary for the exact address using the CPS School Locator.
- Is parking included, and how do I get around?
- Parking is usually an added cost in this part of the Gold Coast, whether in-building, valet, or a nearby garage, so confirm availability and price for the specific unit. Getting around without a car is easy: the CTA Red Line runs 24 hours from the nearby Clark/Division and Chicago stations, multiple bus routes serve Michigan Avenue and the lakefront, and Lake Shore Drive is a short walk east.
- Who is the real estate agent for Delaware Place?
- Joe Keegan is the local licensed Illinois real estate broker who covers Delaware Place in Chicago, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Delaware Place specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Delaware Place
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Chicago specialist
- Honest local market take
- Brokerocity
Market snapshot
Delaware Place, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$229,950
Typical sale price · last 90 days
$208,000
Homes for sale right now
2
Avg time on market
41 days
Sold in the last year
3
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 9, 2025 through August 9, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
- No obligation, no spam, no auto-dialer
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