NOT LISTED FOR SALE

The Chandler Condominiums 450 E Waterside Dr Unit 502 Chicago, IL 60601

New East Side Neighborhood

Estimated Value: $1,045,707 - $1,122,000

3 Beds
2.5 Baths
2,100 Sq Ft
31,058 Sq Ft Lot

Last Sold April 04, 2022

Last sale price $1,040,000 $495 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,349/month

32 Days on Market

Highlights

  • Valet Parking
  • Waterfront
  • Business Center
  • Fitness Center
  • Community Indoor Pool
  • 3-minute walk to Lakeshore East Park

About This Home

As of April 2022

Move-in ready & spacious 3 bedroom (or large 2 bedroom+den) 2.5 bath with forever unobstructed views of the Chicago River, Lake Michigan, Navy Pier, and iconic skyline. The property has been completely remodeled with no detail overlooked. From the moment you enter, you are greeted by a generous sized foyer & beautifully updated powder room. The fully updated kitchen includes top of the line Kitchen Aid Appliances, Quartz Countertops/Backsplash, Windbay Cabinetry, Lenovo Sink, and Moen Faucet. The sleek kitchen is open to the large living space which features Kahrs Hardwood Flooring, updated lighting, and balcony with protected views. The primary suite is a luxurious retreat with new carpeting, walk-in closet designed by Closet Works, and spa-like primary bathroom with tastefully appointed tile, quartz countertops, & refinished cabinets. The second bedroom showcases amazing views down the river to Navy Pier, an updated en-suite bathroom, and an organized walk-in closet. The home features a 3rd bedroom (or large den) off the living room with sliding opaque glass french doors & offers ample closet space. The property also offers a large laundry room with side-by-side washer/dryer, sink, new tile, and additional storage customized by Closet Works. The Chandler is a full amenity building with 24-hour door staff, superb management, newly upgraded fitness center, indoor rooftop pool, outdoor hot tub, two rooftop decks, media room, billiards room, stylish party rooms, library, family lounge, study rooms, and conference center. Unbeatable location just steps away from Lakeshore East Park, newly built Cascade Park, Mariano's, dog parks, Maggie Daley & Millennium Parks, lakefront, river walk, Navy Pier, Michigan Ave, shopping/restaurants, and much more! Parking & additional storage are included.

Last Agent to Sell the Property

Alexander Caras

Magellan Marketing Group LLC License #475155989 Listed on: 01/26/2022

Co-Listed By

Chad Caras

Magellan Marketing Group LLC License #475173242

Last Buyer's Agent

Jill Hare

Jameson Sotheby's Intl Realty License #475130581

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,059

Year Built

  • Built in 2007 | Remodeled in 2017

Lot Details

  • Waterfront
  • Additional Parcels

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 2,100 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, gas, parking, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
  • 304 Units
  • Geneva Association, Phone Number (312) 729-0901
  • Property managed by FS Residential
  • 35-Story Property

Amenities

  • Valet Parking
  • Sundeck
  • Business Center
  • Party Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets up to 75 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,059

Year Built

Built in 2007 | Remodeled in 2017

Lot Details

0.71 Acres

HOA Fees

$1,100 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 5
  • Rehab Year: 2017
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 35
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 2100
  • Room Type: No additional rooms
  • Stories Total: 35
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1100
  • Association Amenities: Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Valet/Cleaner, Spa/Hot Tub, Business Center, Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FS Residential
  • Management Contact Name: Geneva
  • Management Phone: 312-729-0901
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: Yes
  • 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: 75

Tax Info

  • Tax Annual Amount: 19059.16
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Apr 6, 2022
Sold by
Srivastava Neal and Srivastava Shweta
Bought by
Vaughan Sherry Knutson and Vaughan Rupert
Seller's Agent
Alexander Caras
Magellan Marketing Group LLC
Buyer's Agent
Jill Hare
Jameson Sotheby's Intl Realty
List Price
$1,150,000
Sold Price
$1,040,000
Premium/Discount to List
-$110,000
-9.57%
Current Estimated Value
$1,074,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,177
Avg. Annual Appreciation
0.82%
Original Mortgage
$500,000
Outstanding Balance
$395,152
Interest Rate
2.99%
Estimated Equity
$679,025

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 31, 2022
Sold by
Neal Srivastava Revocable Trust
Bought by
Vaughan Sherry Knutson and Vaughan Rupert
Seller's Agent
Alexander Caras
Magellan Marketing Group LLC
Buyer's Agent
Jill Hare
Jameson Sotheby's Intl Realty
List Price
$1,150,000
Sold Price
$1,040,000
Premium/Discount to List
-$110,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$395,152
Interest Rate
2.99%
Estimated Equity
$679,025

Purchase Details

Closed on
Dec 20, 2018
Sold by
Srivastava Neal and Srivastava Shweta
Bought by
Srivastava Neal and Srivastava Shweta

Purchase Details

Listed on
Jan 25, 2017
Closed on
Mar 10, 2017
Sold by
Malladi Madhusudan R and Malladi Swarna
Bought by
Srivastava Neal and Srivastava Shweta
Seller's Agent
Ankur Patel
Kale Realty
Buyer's Agent
Ankur Patel
Kale Realty
List Price
$1,100,000
Sold Price
$1,024,000
Premium/Discount to List
-$76,000
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%
Original Mortgage
$640,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2007
Sold by
Chandler Llc
Bought by
Malladi Swarna and Malladi Madhusudan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Vaughan Sherry Knutson -- --
Vaughan Sherry Knutson $1,040,000 Altima Title
Vaughan Sherry Knutson $1,040,000 Altima Title
Vaughan Sherry Knutson -- --
Srivastava Neal -- Attorney
Srivastava Neal $1,024,000 Attorney
Malladi Swarna $873,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughan Sherry Knutson $500,000
Closed Vaughan Sherry Knutson $500,000
Previous Owner Srivastava Neal $640,000
Previous Owner Malladi Swarna $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2022 04/04/22 Sold $1,040,000 -9.6% $495 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $1,150,000 +12.3% $548 / Sq Ft
03/27/2017 03/27/17 Sold $1,024,000 0.0% $488 / Sq Ft View Prior Sale
02/05/2017 02/05/17 Off Market $1,024,000 -- --
01/27/2017 01/27/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $1,100,000 -- $524 / 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 $19,193 $91,006 $2,888 $88,118
2024 $19,193 $91,006 $2,888 $88,118
2023 $18,007 $90,967 $2,328 $88,639
2022 $18,007 $90,967 $2,328 $88,639
2021 $17,623 $90,966 $2,327 $88,639
2020 $18,306 $85,279 $2,109 $83,170
2019 $17,971 $92,878 $2,109 $90,769
2018 $17,668 $92,878 $2,109 $90,769
2017 $17,816 $86,135 $1,745 $84,390
2016 $16,752 $86,135 $1,745 $84,390
2015 $15,303 $86,135 $1,745 $84,390
2014 $12,248 $68,580 $1,607 $66,973
2013 $11,995 $68,580 $1,607 $66,973
Source: Public Records

Agents Affiliated with this Home

  • Alexander Caras

    Seller's Agent in 2022

    Alexander Caras

    Magellan Marketing Group LLC

    (312) 521-9524

    15 in this area

    80 Total Sales

    Alexander Caras
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Chad Caras

    Magellan Marketing Group LLC

    (312) 642-8869

    8 in this area

    35 Total Sales

    Chad Caras
    Section Image
  • Jill Hare

    Buyer's Agent in 2022

    Jill Hare

    Jameson Sotheby's Intl Realty

    (312) 560-2617

    1 in this area

    75 Total Sales

    Jill Hare
    Section Image

  • A

    Seller's Agent in 2017

    Ankur Patel

    Kale Realty

    Section Image
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About The Chandler Condominiums

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11280941

Midwest Real Estate Data (MRED)

APN: 17-10-400-043-1033

Illinois Cook County Chicago 60601 New East Side

450 E Waterside Dr Unit 502, 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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