NOT LISTED FOR SALE

The Regatta 420 E Waterside Dr Unit 2701 Chicago, IL 60601

New East Side Neighborhood

Estimated Value: $584,000 - $722,316

2 Beds
2 Baths
1,546 Sq Ft
$1,093/ mo HOA Fee

Last Sold June 28, 2023

Last sale price $600,000 $388 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,676/month

5 Days on Market

Highlights

  • Doorman
  • Waterfront
  • Wood Flooring
  • Fitness Center
  • Lock-and-Leave Community
  • 4-minute walk to Lakeshore East Park

About This Home

As of June 2023

Nestled in Lakeshore East, Chicago's newest, fully integrated lakefront neighborhood with commercial conveniences, restaurants, shopping, pedway system, four city parks, lakefront bike, walking and running path, Chicago Yacht Club, Navy Pier and more. This large, split bedroom floor plan features living and dining area offers southern and eastern exposure with natural light throughout. Terrace facing south with views of Maggie Daley Park, the Lakeshore East Park and Monroe Harbor. Open kitchen with a KitchenAid stainless steel appliance series, side by side refrigerator with ice/water dispenser. Full height backsplash, Brookhaven kitchen cabinetry. Single large stainless steel sink with disposal and Grohe faucet. Granite counters, breakfast bar with overhang for seating. Southeast corner home, featuring long gallery perfect for displaying art, hardwood oak floors throughout, roller shades, double roller shades including blackouts in bedrooms, crown moldings and 9' ceilings. Gracious foyer, oversized coat closet. East views of Navy Pier 's Centennial Ferris Wheel, fireworks displays. Primary suite with his and hers walk-in closets with built-ins, bathroom dressed in natural marble, dual walnut wood vanity, under mount sinks, Toto, soaking tub and separate shower. Guest bathroom with walnut vanity, granite counter top, Kohler sink. Whirlpool, full size washer and dryer. The Regatta is a full amenity building with a state of the art trainer's gym, game and hospitality room, swimming pool, whirlpool, outdoor terrace, onsite dry cleaners, property manager, complete engineering and maintenance staff and 24 hour door staff. LAKESHORE EAST SPECIAL DISTRICT TAX IS PAID IN FULL! Garage parking @ $40,000 additional. Nearly 1600 square feet and will not disappoint.

Last Agent to Sell the Property

Nicholas Colagiovanni

Baird & Warner License #475132688 Listed on: 05/12/2023

Baird & Warner

Last Buyer's Agent

Jay Koverman

Phoenix Realty & Investment License #471008306

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,990

Year Built

  • Built in 2007

Lot Details

  • Waterfront

HOA Fees

  • $1,093 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,546 Sq Ft Home
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 322 Units
  • Paul Association, Phone Number (312) 819-1754
  • High-Rise Condominium
  • Regatta Subdivision
  • Property managed by SUDLER
  • Lock-and-Leave Community
  • 44-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Business Center
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa
  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,990

Year Built

Built in 2007

Lot Details

0.84 Acres

HOA Fees

$1,093 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Regatta
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 27
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 44

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1546
  • Room Type: No additional rooms
  • Stories Total: 44
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Zoned
  • Electric: Circuit Breakers
  • Heating: Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1093
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner, Spa/Hot Tub, Business Center
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SUDLER
  • Management Contact Name: PAUL
  • Management Phone: 312-819-1754
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: N/A

Tax Info

  • Tax Annual Amount: 12990.04
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 28, 2023
Sold by
Palmerin Lupe
Bought by
Sheline Ann
Seller's Agent
Nicholas Colagiovanni
Baird & Warner
Buyer's Agent
Jay Koverman
Phoenix Realty & Investment
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Views
7
Current Estimated Value
$655,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,329
Avg. Annual Appreciation
3.28%
Original Mortgage
$450,000
Outstanding Balance
$436,787
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$218,542

Purchase Details

Closed on
Jul 16, 2014
Sold by
Schmidt Joseph W
Bought by
Palmerin Lupe

Purchase Details

Closed on
Feb 16, 2010
Sold by
Lallas Amy Z and Lallas Constantine A
Bought by
Schmidt Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2007
Sold by
Regatta Llc
Bought by
Lallas Amy Z and Lallas Constantine A
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sheline Ann $600,000 Proper Title
Palmerin Lupe $660,000 North American Title Company
Schmidt Joseph W $515,000 First American Title Ins Co
Lallas Amy Z $616,500 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheline Ann $450,000
Previous Owner Schmidt Joseph W $386,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $600,000 +0.2% $388 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $599,000 -- $387 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,630 $62,365 $2,422 $59,943
2024 $13,630 $62,365 $2,422 $59,943
2023 $13,287 $64,600 $1,952 $62,648
2022 $13,287 $64,600 $1,952 $62,648
2021 $12,990 $64,598 $1,951 $62,647
2020 $13,119 $58,892 $1,769 $57,123
2019 $12,202 $64,163 $1,769 $62,394
2018 $11,996 $64,163 $1,769 $62,394
2017 $10,319 $51,310 $1,464 $49,846
2016 $9,777 $51,310 $1,464 $49,846
2015 $8,922 $51,310 $1,464 $49,846
2014 $8,720 $46,999 $1,348 $45,651
2013 $8,548 $46,999 $1,348 $45,651
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Colagiovanni

    Seller's Agent in 2023

    Nicholas Colagiovanni

    Baird Warner

    (312) 501-5151

    58 in this area

    201 Total Sales

    Nicholas Colagiovanni
    Section Image

  • J

    Buyer's Agent in 2023

    Jay Koverman

    Phoenix Realty & Investment

    2 in this area

    25 Total Sales

    Jay Koverman
    Section Image
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About The Regatta

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11781744

Midwest Real Estate Data (MRED)

APN: 17-10-400-035-1236

Illinois Cook County Chicago 60601 New East Side

420 E Waterside Dr Unit 2701, Chicago, IL

Not Listed for Sale

Condos

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 to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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