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Park Newberry

Park Newberry

Park Newberry
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

55 W Delaware Pl
Chicago, IL 60610
183 Units
11 Stories
1996 Year Built
$34K - $2.4M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Doorman
  • Fitness Center
  • Open Floorplan
  • Party Room
  • Sundeck
  • 1 min walk to Washington Square Park

Elegant Living in the Heart of Chicago's Gold Coast

Park Newberry, an 11-story condominium building completed in 1996, stands as a prominent fixture in Chicago's prestigious Gold Coast neighborhood. Designed with a contemporary brick facade, large windows, and balconies for most units, the building offers a symmetrical design with a central entrance highlighted by a canopy. With 183 units, Park Newberry provides a blend of modern elegance and comfort, making it a desirable residence for those seeking a vibrant urban lifestyle.

Diverse Layouts with Modern Comforts

Park Newberry offers a range of floor plans to suit various needs, from cozy one-bedroom units to expansive four-bedroom residences. The one-bedroom units, ranging from 900 to 1,200 square feet, feature one to one and a half bathrooms and are priced between $396,000 and $445,000. These units often include hardwood floors, custom cabinetry, and modern appliances, providing a comfortable and stylish living space. The two-bedroom units, spanning 1,384 to 2,140 square feet, come with two to three bathrooms and are priced from $600,000 to $999,000. These units boast spacious layouts, with features such as gas fireplaces, private balconies, and high-end kitchen appliances like Sub-Zero fridges and Wolf ranges. The primary bedrooms often include walk-in closets and luxurious en-suite bathrooms with double vanities and separate showers. For those needing more space, the three-bedroom units range from 1,635 to 6,400 square feet, with two to three full bathrooms and two half bathrooms. Priced between $900,000 and $1,350,000, these units offer multiple outdoor spaces, including private terraces with built-in grills and beverage fridges. The interiors feature elegant finishes, such as chevron floors, crown molding, and custom millwork. Kitchens are equipped with top-of-the-line appliances, including Miele and Thermador, and expansive islands for casual dining. The largest units, with four bedrooms and four and a half bathrooms, range from 3,000 to 4,000 square feet and are priced around $2,000,000. These residences provide a single-family home feel with features like dumbwaiters, outdoor kitchens with pizza ovens, and pergola dining areas. The primary suites are retreats in themselves, with large walk-in closets, spa-like bathrooms, and access to private balconies. Monthly HOA fees range from $500 to $3,100, covering heat, water, gas, parking, insurance, doorman services, TV/cable, exercise facilities, exterior maintenance, scavenger, and snow removal.

Comprehensive Amenities for a Comfortable Lifestyle

Park Newberry offers a wide array of amenities designed to enhance the living experience of its residents. Unique features include a private rooftop deck with a built-in grill and beverage fridge, an outdoor kitchen with a pizza oven, a pergola dining area, and a gas fire pit. The building's circular driveway with a center fountain adds a touch of elegance to the entrance. Residents can enjoy a well-equipped fitness room, a large rooftop terrace, and multiple common area sun decks. The hospitality room and party room provide spaces for social gatherings, while the meeting room and business center cater to professional needs. Additional amenities include a receiving room, bike rooms, a media room, and a courtyard with a water feature. The building also offers practical conveniences such as garage parking, storage rooms, and balconies. Business services include an on-site manager, 24-hour attentive door staff, 24-hour maintenance, and professional management. The presence of dry cleaners, valet cleaners, and a mail room further adds to the convenience. The building's commitment to security is evident with features like deeded garage parking, heated garage parking, and storage lockers.

Vibrant Gold Coast Neighborhood

Located in the Rush-Division neighborhood on Chicago's Near North Side, Park Newberry is surrounded by a bustling urban environment filled with high-end restaurants, shopping, and cultural landmarks. The area is known for its vibrant atmosphere, with famous bars and eateries lining Rush Street. Notable dining options include Gibson's Steakhouse, Hugo's Frog Bar, Adalina, Carmine's on Rush, and Le Colonial, offering a range of culinary experiences from casual to upscale. For shopping enthusiasts, the nearby Oak Street shops and Water Tower Place provide a variety of retail options, from designer boutiques to popular department stores like Bloomingdale's and Nordstrom. The Shops at North Bridge and Block 37 offer additional shopping and dining choices within a short walking distance. Cultural and recreational amenities are abundant, with Washington Square Park and the historic Newberry Library just steps away. The park, founded in 1842, features a large fountain and botanical gardens, providing a serene escape in the midst of the city. Connors Park and Oak Street Beach are also nearby, offering outdoor spaces for relaxation and recreation. The neighborhood is home to several educational institutions, including Ogden Elementary School and Loyola University of Chicago. The Newberry Library, with its extensive collection of historical books and manuscripts, is a cultural gem in the area. The proximity to Northwestern Memorial Hospital ensures access to top-notch medical care.

Convenient Transportation Options

Park Newberry's location offers excellent transportation options, making it easy to navigate the city. The building is within walking distance of several bus stops, including Dearborn & Delaware, Walton & Clark, State & Delaware, and Lasalle & Chestnut, served by transit lines such as Clark, Division, Broadway, and LaSalle. The Chicago Avenue Station on the Red Line is about a five-minute walk away, providing quick access to other parts of the city. The Chicago Avenue Station for the Brown and Purple Lines is also nearby, about a ten-minute walk. For those who prefer to drive, the building offers garage parking, including heated and deeded options. The proximity to major roads and highways ensures easy access to other parts of Chicago and beyond. Chicago Midway International Airport is approximately 20 minutes away by car, while Chicago O'Hare International Airport is about a 25-minute drive. The neighborhood's high walkability, bikeability, and excellent public transit options make it convenient for residents to get around without relying on a car. The urban setting, with its extensive sidewalks and bike lanes, encourages walking and cycling as viable modes of transportation.

Available Condos

Building Details

Recreation

  • Fitness Center
  • Trails
  • Bike Trail

Outdoor Features

  • Sundeck
  • Common Area

Amenities

  • Doorman
  • Public Transportation
  • Party Room
  • Package Room
  • Community Storage Space
  • Resident Manager or Management On Site
  • 24 Hour Access

Parking

  • 1 - 2 Garage Spaces Per Unit
  • 1 Car Attached Garage
  • On-Site Parking
  • Valet Parking

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Condo Association

  • $1,823 Monthly HOA Fees
  • Monthly HOA Fees Range from $528 - $3,234
  • Association fees include water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • Silvio Brizu Association, Phone Number (312) 751-2948
  • Park Newberry Subdivision
  • Property managed by Community Specialists
  • On-Site Maintenance

Building Design

  • Fire Sprinkler System
  • High-Rise Condominium
  • Elevator

Unit Features

  • Open Floorplan
  • Laundry Room
  • Washer and Dryer Hookup
  • Balcony

Unit Information

Unit
221
620
720
Beds
2 Beds
4 Beds
3 Beds
Baths
2 Baths
4.5 Baths
3 Baths
Sq Ft
1,707
4,000
2,138
Price
$995,000
$2,200,000
$1,100,000
Price / Sq Ft
$583 / Sq Ft
$550 / Sq Ft
$514 / Sq Ft
List Date
04/23/2025
03/12/2025
04/23/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$34,075 - $1,371,477
1 Bedroom Units
Sq Ft Range
915
Est. Values
$125,000 - $461,610
2 Bedroom Units
Sq Ft Range
1,384 - 1,707
Est. Values
$35,042 - $1,004,926
3 Bedroom Units
Sq Ft Range
2,138
Est. Values
$700,905 - $2,413,590
4 Bedroom Units
Sq Ft Range
4,000
Est. Values
$132,409 - $2,135,714
All Units
Sq Ft Range
915 - 4,000
Est. Values
$34,075 - $2,413,590

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Very Bikeable

Bike Score®

86 / 100

Walker's Paradise

Walk Score®

100 / 100

Rider's Paradise

Transit Score®

92 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

67 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$3.3K - $228K
Range of Taxes in Building
$713 - $48,283
Range of Taxes per Sq Ft
$0.48 - $11.61

Property Tax History

Source: Public Records

Building Team

Developer
Magellan Development Group, Llc
Architect
Loewenberg Architects
Property Management
Park Newberry Condominium Association
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.