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The Chandler 2-Bedroom Condos: Buyer and Seller Guide

How to compare and price two-bedroom condos at The Chandler in Lakeshore East Chicago.
Ginger Menne  |  November 1, 2023

Two-bedroom condos at The Chandler are popular because the building offers a strong Lakeshore East location, river-side access, high-rise views and several different floor-plan types. But not every two-bedroom lives the same way, and not every tier should be priced the same way.

If you are buying or selling a two-bedroom at The Chandler, the most important details are view, floor height, square footage, balcony, condition, parking, monthly assessments and how the unit compares with recent building sales.

Quick Answer

A two-bedroom condo at The Chandler should be evaluated by tier, view, floor height, condition, parking and current competition. Older sales data can be useful background, but current pricing should be based on the most recent closed, pending and active listings.

Why Two-Bedroom Tiers Matter at The Chandler

The Chandler has multiple two-bedroom layouts. Some are more compact. Some are larger. Some have different exposures, bath counts, balconies, ceiling heights or view corridors. Buyers often compare these units closely, so tier-specific pricing matters.

For sellers, this means a generic “two-bedroom condo” comparison is not enough. Your pricing analysis should compare your residence with the closest matching Chandler tier and then adjust for condition, view, parking and timing.

What Buyers Should Compare

  • Square footage and room proportions
  • Bedroom separation and privacy
  • Number of baths or half baths
  • Balcony or outdoor space
  • River, lake, park, city or neighboring-building views
  • Floor height and ceiling height
  • Kitchen and bath updates
  • Parking availability and cost
  • Monthly assessments and what they include

Why View and Floor Height Can Change Value

At The Chandler, the view can be a major pricing factor. River, lake, Navy Pier, skyline and open city views may attract different buyers. Floor height matters too, but it should be judged with exposure and view quality.

Some floors in the building have special characteristics, including transition floors and penthouse levels with different ceiling heights. Buyers should verify the details for the exact residence they are considering.

How Sellers Should Price a Two-Bedroom

For sellers, the strongest pricing strategy looks at both historical Chandler sales and current buyer choices. If another two-bedroom is active in the building, buyers will compare them directly. If inventory is low, a well-prepared unit may have more pricing power.

A good pricing analysis should answer:

  • Which Chandler sales are truly comparable?
  • How did similar tiers perform?
  • How did days on market affect negotiation?
  • What condition were the comparable units in?
  • Was parking included?
  • What active listings are buyers seeing now?

Current Data Matters More Than Old Averages

The original version of this guide included older tier-by-tier sales data. That history can be useful for understanding patterns, but it should not be used as a current price opinion. Downtown Chicago condo pricing changes with interest rates, inventory, building competition, buyer demand and the condition of each individual unit.

If you are making a decision today, use current closed sales, pending sales and active competition. For more on my pricing process, read How to Price a Chicago Condo Before You List.

Buyer Questions Before Making an Offer

  • How does this tier compare with other two-bedroom layouts in the building?
  • Is the view protected or could nearby development affect it?
  • Are the finishes updated or original?
  • Is parking included or available separately?
  • What are the current association rules, reserves and assessments?
  • How long have comparable units taken to sell?

Seller Questions Before Listing

  • What are the most recent two-bedroom sales at The Chandler?
  • Which active listings will buyers compare with mine?
  • Should I paint, stage or repair anything before photos?
  • How should we market the view and floor plan?
  • What pricing strategy gives us the best launch momentum?

Related Chandler and Lakeshore East Guides

For broader building context, read The Chandler Chicago: Lakeshore East Condo Guide. For neighborhood context, see Lakeshore East Chicago: Facts, Buildings and Buyer Guide.

FAQ About Two-Bedroom Condos at The Chandler

Are all two-bedroom condos at The Chandler priced the same way?

No. Tier, view, floor height, condition, parking and square footage can create meaningful price differences.

Should buyers rely on price per square foot?

Price per square foot is useful, but it should be adjusted for view, condition, layout, parking and current competition.

Does parking affect value at The Chandler?

Yes. Buyers should confirm whether parking is included, deeded separately or available for purchase or rent.

How should sellers prepare a two-bedroom before listing?

Focus on presentation, light, view, repairs, clean photos and a pricing strategy based on current Chandler competition.

Buying or Selling a Two-Bedroom at The Chandler?

I can prepare a current tier-by-tier pricing review for your specific residence or search. Contact Ginger Menne or call (312) 927-0852.

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