450 E. Waterside, also known as “The Chandler” is located in Chicago’s Lake Shore East neighborhood. For those of you not familiar with this area, Lake Shore East is located on the south side of the River where the river meets Lake Shore drive. The Chandler is one of the newest buildings in the Lake Shore East neighborhood and was built by the master planner of Lake Shore East, Magellan Development.
The Chandler, located at 450 E. Waterside, was one of the last buildings completed by Magellan as condos in the Lake Shore East neighborhood. It is slightly more expensive than its sister building, the Regatta built one year prior. Some of the units in the Chandler are upgraded with Snaidero Cabinetry and most have great views, at least for the time being. The building is situated on the far North East corner of Lake Shore East. This allows it to have prime views of the River, Navy Pier and both the North and South skyline of the city.
The building boasts a phenomenal indoor rooftop pool and sundecks on either side of the pool complete with an outdoor whirlpool. The sundeck makes for amazing Air & Water Show watching. The building has a fitness center and media room on the second floor as well as a party room off the lobby which opens out onto an outdoor deck with Chicago river and Navy Pier views.
Most of the floor plans in the building are very functional and make a good use of the space. There is very little wasted space in condos at the Chandler so 1000 square feet is a true 1000 square feet versus some buildings that have obnoxiously long hallways and “nooks” which eat up space. All units were originally built with Hardwood Floors (in the main areas), Granite Countertops, and SS Appliances. All units, with the exception of a few, have balconies. In addition to on-site management and a building engineer there is also 24hr door staff.
All units in the building are condos, which means they are individually owned. So if you are looking to rent in the building instead of purchase, this means you will need to rent from an individual owner. There are always some units on the market for rent. One advantage to renting from an individual owner is you many times can get a better deal than a neighboring “all rental” building.