Tag Archives: 225 N. Columbus

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April 25, 2013

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Buying, Lake Shore East

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Lake Shore East Condos – The New East Side Update!

Lake Shore East Condos, particularly new construction, have been selling quickly. The Chandler at 450 E. Waterside, The Regatta at 420 E. Waterside, The Lancaster at 201 N. Westshore, 340 On the Park at 340 E. Randolph and The Aqua at 225 N. Columbus have low inventory; at least low “Prime” inventory. What has sold in Lake Shore East recently?

The Lancaster: 1203 recently went under contract in just three days! It is a 1 Bed / 1 Bathroom but faces West. The west views in the Lancaster are the prime views as those who face east will eventually have their view obstructed with a new development. 1203 went under contract when the list price was $349,000 + 40k for parking.

340 On the Park:  Another great deal in the area was at 340 E. Randolph when 2406 sold (after 2 weeks on the market) for $530,000. 2406 is a north facing, corner 1 Bedroom unit with 1244sf. It appears to have sold without parking for this price.

The Regatta: A combo unit recently sold, unit 1011 having just over 1500sf. The unit had great views facing north and also slightly east. The unit sold after 45 days on the market and closed for $692,000.

A penthouse unit also recently sold. Unit 4301 sold for $1,340,000 and took just around 4 months to sell. This unit had an oversized terrace as well as a balcony off the master bedroom.

The Chandler: A foreclosure in the Chandler, 450 E. waterside, sold for $801,101. It was unit 402 which is a 3 Bedroom / 2.1 Bath facing North which gives you views of the River, skyline, Navy Pier, Lake Shore Drive, etc. This unit did sell with parking and actually sold for over list price. The original list price was $789,000. The unit had an offer within a week.

 

Paul Blackburn is an Illinois licensed Broker & Realtor with @ Properties in Chicago. He can always be reached via e-mail at Paul@PKBlackburn.com

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April 25, 2012

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Lake Shore East, Luxury Sales

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Lake Shore East – What has recently Sold in the Chandler, Regatta, Lancaster & 340 On the Park

Amidst all the rentals hitting the market and quickly getting snapped up in Lake Shore East are some great sales that have happened over the past couple of months. For those of you who are not familiar with Lake Shore East or the “New East Side” as some call it; it is the area on the south side of the river where the river meets Lake Shore Drive. The new buildings are comprised of 225 N Columbus, The Aqua; 340 E. Randolph, 340 On the Park; 420 E. Waterside, The Regatta; 450 E. Waterside, The Chandler; and 201 N. Westshore, The Lancaster.

In the past 2 months 14 condos have sold in these buildings. Here are some of the most notable:

The Chandler: Unit 2101 sold in the Chandler for $405,000. This included the parking space. The 01′ tier at this level in the building faces North which is the preferred view from this building as you see Navy Pier, the River and the city. 2101 is a 1 Bed / 1.1 Bath and is considered a “Jumbo” One Bedroom for the building at 961 square feet. According to my research the previous owner paid $497,000 in 2007.

The Lancaster: Unit 2102 sold for $546,000 including a parking space. It is a 3 Bedroom / 2 Bathroom unit however the 3rd bedroom is more “den like” given its location off the living room and its size. The unit faces South East which gives it great lake views at the current time. However, there is currently an empty lot between the Lancaster and LSD which will eventually be built on. Some have asked if it will be built on soon given the building craze of rental buildings. I don’t believe so. This is prime Lake Shore Drive property and the developer would rather use it for condos than a rental building. At least that is my opinion.

340 On the Park: 340 saw a couple notable sales the other month. Unit 2101 sold for $1,600,000 including parking of course. The unit is 2368sf and the 01′ tier at this level has both North East and South East views.

Another notable in 340 On the Park is penthouse unit 5702 which sold for $2,600,000 which appears to have included 3 parking spaces. Total square footage on this unit is 2748 and it is a Three Bed, Three and a Half bath. This unit faces South East and has extra tall ceilings because it is on a “penthouse” floor.

Paul Blackburn is a Licensed Illinois Realtor and Broker with @ Properties in Chicago. He can always be reached via e-mail at Paul@PKBlackburn.com

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November 8, 2011

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Downtown, Leasing

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LAKE SHORE EAST RENTALS – UPDATED INVENTORY LIST

Lake Shore East, one of my favorite areas of the city, is comprised of a handful of buildings. The newer and most desirable, however, are: “The Chandler” 450 E. Waterside, “The Regatta” 420 E. Waterside, “The Lancaster” 201 N. Westshore, “340 On the Park” 340 E. Randolph and “The Aqua” at 225 N. Columbus. Unit inventory has changed dramatically over the past few months. With the exception of The Aqua the majority of units on the market in these Lake Shore East buildings are larger 3 Bedroom units. Here is an up to date list of what is available. I have only included the buildings mentioned above and as it pertains to The Aqua I have only included “Condo Units available for Rent” and not any units from the ‘rental’ portion of the building.

THE AQUA  – 225 N. Columbus

One Bedrooms

#6909    $2,000

#6409    $2,061

#7109    $2,061

#6609    $2,061

#5311     $2,200

#5511    $2,220

#6107    $2,643

#6303    $3,528

Three Bedrooms

#7901      $5,600

 

THE CHANDLER – 450 E. Waterside

One Bedrooms

#409    $2,200

#303    $2,600

Two Bedrooms

#1311     $3,200

Three Bedrooms

#2902    $5,800

#3009   $6,250

#2002    $6,500

 

THE REGATTA –  420 E. Waterside

One Bedrooms

#1112     $1,795

#702      $2,000

#411       $2,200

#3002    $2,200

Two Bedrooms

#1612     $3,800

Three Bedrooms

#2314      $4,150

#2714      $4,200

#3910     $10,000

 

340 ON THE PARK – 340 E. Randolph

One Bedrooms

#1906     $2,975

#1405     $3,100

Three Bedrooms

#2906    $6,300

#4601     $7,450

#4403     $7,500

 

 

Paul Blackburn is a licensed Realtor & Associate Broker with @ Properties. To contact Paul regarding this post, to obtain more information about the units above or for any general questions please e-mail: Paul@PKBlackburn.com or visit http://www.PKBlackburn.com