Sales update: Five homes left at Lakeshore East's Chandler and 340 on the Park

The Chandler, 450 E Waterside Dr, Chicago 340 on the Park, 340 E Randolph St, Chicago

With all of the focus now directed at the 87-story Aqua, it’s easy to forget that two of Lakeshore East‘s other residential towers, The Chandler and 340 on the Park, still have a handful of unsold homes available.

According to Leila Zammatta, senior vice president of sales for Magellan Development Group, The Chandler (above left), located at 450 E Waterside Dr, has a single one-bedroom / 1.5-bath and two three-bedroom / 2.5-baths for sale.

The one-bedroom is a ninth-floor unit with 1,024 square feet, priced in the $490s. One three-bedroom located on the 25th floor has 1,900 square feet and is priced in the $740s. The other, a 22nd-story home with 2,215 square feet, is priced at $1.18 million.

The MLS lists an additional 15 resales at The Chandler, ranging from a second-floor one-bedroom priced in the $340s, all the way up to a $1.89 million three-bedroom on the 33rd floor, which sold in April for $1.41 million.

Of all of Lakeshore East’s condo towers, The Chandler is the closest to both the lake and the river, and is almost directly across the river from The Chicago Spire‘s site in Streeterville. Construction on the Chandler started to wrap around this time last year, according to the Yo archives.

On the other end of the neighborhood-sized development, bordering both the southern edge of Lakeshore East’s central park and the northern end of Millennium Park, is 340 on the Park (above right), 340 E Randolph St, where work wrapped early this year.

Back in March, I reported that 340 on the Park was down to its final two units. The floor plan I profiled at that time has since sold, but the other, a 2,750 square-foot three-bedroom on the tower’s 56th floor, is still available for the same price of $2.2 million. A contract must have fallen through at some point this spring or summer, because Zammatta says a 16th-floor, 1,900 square foot home with two bedrooms, 2.5 baths and a den is now selling in the $900s.

The MLS lists another 11 resales in the building, ranging from the $540s up to $1.24 million.

Rate and review The Chandler at NewHomeNotebook.com.
Rate and review 340 on the Park at NewHomeNotebook.com.

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