May 14, 2023

A Comprehensive Guide to Buying or Selling a 2-Bedroom Unit at Regatta

May 14, 2023

A Comprehensive Guide to Buying or Selling a 2-Bedroom Unit at Regatta

A Comprehensive Guide to Buying or Selling a 2-Bedroom Unit at Regatta

Are you in the market to buy or sell a 2 bedroom condominium in Regatta? Look no further, as we have all the essential information you need to make informed decisions. Regatta boasts five distinct and desirable two bedroom floor plans, each offering its own unique features and benefits. From panoramic views to varying square footage and finishes, there is something to suit every preference..

We have broken down the sales data into different 2 bedroom tiers, each with its own specifications.  In addition to the tier breakdown, we will provide you with comprehensive sales data, including list price, price change, closed price, list price per square foot, closed price per square foot, closing date, and market time. These insights will give you a clear picture of the market trends and help you make informed decisions when navigating the Regatta's 2 bedroom market.
*all data as of May 14, 2023

Tier 03: 1182 S.F Southwest Corner 2 Bedroom/2 Bath Floors 3-29

12 Month Closed Sales History

Unit: 1403
Status: Closed
Original LP incl Pkg: $510,000.00
LP incl Pkg: $494,000.00
Closed Price: $462,000.00
Sq. Ft: 1182
% off OLP: 0.91
List Pr/Sq.Ft.: $431.47
Closed/Sq.Ft: $390.86
Closing date: 5/12/22
1 Park
Direction: Southwest
DOM: 339
Unit: 2403
Status: Closed
Original LP incl Pkg: $550,000.00
LP incl Pkg: $525,000.00
Closed Price: $495,000.00
Sq. Ft: 1182
% off OLP: 0.90
List Pr/Sq.Ft.: $465.31
Closed/Sq.Ft: $418.78
Closing date: 8/24/22
1 Park
Direction: Southwest
DOM: 65
Unit: 3003
Status: Closed
Original LP incl Pkg: $639,000.00
LP incl Pkg: $535,000.00
Closed Price: $513,600.00
Sq. Ft: 1182
% off OLP: 0.80
List Pr/Sq.Ft.: $540.61
Closed/Sq.Ft: $434.52
Closing date: 11/22/22
1 Park
Direction: Southwest
DOM: 319

Current Active and Contingent Sales

Unit: 603
Status: Contingent
Original LP incl Pkg: $584,000.00
LP incl Pkg: $560,000.00
Sq. Ft: 1182
% off OLP: 0.00
List Pr/Sq.Ft.: $494.08
Closed/Sq.Ft: -
1 Park
Direction: Southwest
DOM: 90
Unit: 903
Status: Active
Original LP incl Pkg: $544,000.00
LP incl Pkg: $544,000.00
Sq. Ft: 1182
% off OLP: 0.00
List Pr/Sq.Ft.: $460.24
Closed/Sq.Ft: -
1 Park
Direction: Southwest
DOM: 34
Unit: 2203
Status: Active
Original LP incl Pkg: $578,000.00
LP incl Pkg: $57,800.00
Sq. Ft: 1182
% off OLP: 0.00
List Pr/Sq.Ft.: $489.00
Closed/Sq.Ft: -
1 Park
Direction: Southwest
DOM: 58
Average of the Closed Sales:
• Average Original LP incl Pkg: $566,333.33
• Average LP incl Pkg: $518,000.00
• Average Closed Price: $490,200.00
• Average % off OLP: 0.87
• Average List Pr/Sq.Ft.: $479.13
• Average Closed/Sq.Ft.: $414.72
• Average DOM: 241

Tier 01: 1530 S.F Southeast Corner 2 Bedroom/2 Bath Floors 3-29

12 Month Closed  & Sales History

Unit: 2601
Status: Closed
Original LP incl Pkg: $684,000.00
LP incl Pkg: $624,000.00
Closed Price: $585,000.00
Sq. Ft: 1530
% off OLP: 0.86
List Pr/Sq.Ft.: $447.06
Closed/Sq.Ft: $382.35
Closing date: 9/8/22
1 Park
Direction: Southeast
DOM: 114

Current Active and Contingent Sales

Unit: 801
Status: Contingent
Original LP incl Pkg: $689,000.00
LP incl Pkg: $669,000.00
Sq. Ft: 1530
% off OLP: 0.00
List Pr/Sq.Ft.: $450.33
Closed/Sq.Ft: -
1 Park
Direction: Southeast
DOM: 155
Unit: 1201
Status: Active
Original LP incl Pkg: $645,000.00
LP incl Pkg: $645,000.00
Sq. Ft: 1530
% off OLP: 0.00
List Pr/Sq.Ft.: $421.57
Closed/Sq.Ft: -
1 Park
Direction: Southeast
DOM: 34
Unit: 2701
Status: Active
Original LP incl Pkg: $715,000.00
LP incl Pkg: $639,000.00
Sq. Ft: 1530
% off OLP: 0.00
List Pr/Sq.Ft.: $467.32
Closed/Sq.Ft: -
1 Park
Direction: Southeast
DOM: 423

Tier 10: 1365 S.F Northwest Corner 2 Bedroom/2 1/2 Bath Floors 14-38

12 Month Closed & Sales History

Unit: 3710
Beds: 2
Baths: 2.5
Status: Closed
Original LP incl Pkg: $830,000.00
LP incl Pkg: $759,000.00
Closed Price: $699,000.00
Sq. Ft: 1356
% off OLP: 0.84
List Pr/Sq.Ft.: $612.09
Closed/Sq.Ft: $515.49
Closing date: 9/30/22
View: 2 Park
Direction: Northwest
DOM: 336
Unit: 3410
Beds: 2
Baths: 2
Status: Closed
Original LP incl Pkg: $1,200,000.00
LP incl Pkg: $899,000.00
Closed Price: $830,000.00
Sq. Ft: 1356
% off OLP: 0.69
List Pr/Sq.Ft.: $884.96
Closed/Sq.Ft: $612.09
Closing date: 9/21/22
View: 2 Park
Direction: Northwest
DOM: 417
Average Original LP incl Pkg: $1,015,000.00
Average LP incl Pkg: $829,000.00
Average Closed Price: $764,500.00
Average Sq. Ft: 0.77
Average % off OLP: $748.53
Average List Pr/Sq.Ft.: $563.79
Average Closed/Sq.Ft: 377
Average DOM: 376

There are no Active or Contingent Listings 

Tier 08: 1488 S.F North 2 Bedroom/2 1/2 Bath Floors 2-12

24 Month Closed & Sales History

Unit: 708
Status: Closed
Original LP incl Pkg: $699,000.00
LP incl Pkg: $699,000.00
Closed Price: $680,000.00
Sq. Ft: 1488
% off OLP: 0.97
List Pr/Sq.Ft.: $469.76
Closed/Sq.Ft: $456.99
Closing date: 11/12/22
1 Park
Direction: North
DOM: 57
Unit: 608
Status: Closed
Original LP incl Pkg: $744,000.00
LP incl Pkg: $734,000.00
Closed Price: $652,000.00
Sq. Ft: 1488
% off OLP: 0.88
List Pr/Sq.Ft.: $500.00
Closed/Sq.Ft: $438.17
Closing date: 4/30/21
1 Park
Direction: North
DOM: 203
Unit: 508
Status: Closed
Original LP incl Pkg: $739,888.00
LP incl Pkg: $739,888.00
Closed Price: $708,000.00
Sq. Ft: 1488
% off OLP: 0.96
List Pr/Sq.Ft.: $497.24
Closed/Sq.Ft: $475.81
Closing date: 6/1/21
1 Park
Direction: North
DOM: 9

There are no Active or Contingent Listings

Average Original LP incl Pkg: $727,629.33
Average LP incl Pkg: $724,296.00
Average Closed Price: $680,000.00
Average Sq. Ft: 0.94
Average % off OLP: $489.00
Average List Pr/Sq.Ft.: $456.99
Average Closed/Sq.Ft: 90
Average DOM: 90

Tier 12: 1586 S.F Northeast 2 Bedroom/2 Bath Floors 13-38

12 Month Closed & Sales History

Unit: 1712
Status: Closed
Original LP incl Pkg: $710,000
LP incl Pkg: $710,000
Closed Price: $710,000
Sq. Ft: 1586
% off OLP: 1.00
List Pr/Sq.Ft.: $447.67
Closed/Sq.Ft: $447.67
Closing date: 6/17/22
1 Park
Direction: Northeast
DOM: 9
Unit: 1812
Status: Closed
Original LP incl Pkg: $912,000
LP incl Pkg: $765,000
Closed Price: $750,000
Sq. Ft: 1586
% off OLP: 0.82
List Pr/Sq.Ft.: $575.03
Closed/Sq.Ft: $472.89
Closing date: 8/24/22
1 Park
Direction: Northeast
DOM: 284
Unit: 3112
Status: Closed
Original LP incl Pkg: $839,000
LP incl Pkg: $839,000
Closed Price: $795,000
Sq. Ft: 1586
% off OLP: 0.95
List Pr/Sq.Ft.: $529.00
Closed/Sq.Ft: $501.26
Closing date: 3/24/23
2 Park
Direction: Northeast
DOM: 17

Current Active and Contingent Sales

Unit: 3512
Status: Pending
Original LP incl Pkg: $935,000
LP incl Pkg: $899,900
Sq. Ft: 1586
% off OLP: 0.00
List Pr/Sq.Ft.: $589.53
Closed/Sq.Ft: -
1 Park
Direction: Northeast
DOM: 42
Unit: 2712
Status: Active
Original LP incl Pkg: $870,000
LP incl Pkg: $870,000
Sq. Ft: 1586
% off OLP: 0.00
List Pr/Sq.Ft.: $548.55
Closed/Sq.Ft: -
1 Park
Direction: Northeast
DOM: 35
Unit: 2812
Status: Active
Original LP incl Pkg: $904,900
LP incl Pkg: $904,900
Sq. Ft: 1586
% off OLP: 0.00
List Pr/Sq.Ft.: $570.55
Closed/Sq.Ft: -
Closing date: 8/24/22
1 Park
Direction: Northeast
DOM: 4
Average Original LP incl Pkg: $820,333.33
Average LP incl Pkg: $771,333.33
Average Closed Price: $751,666.67
Average Square Footage: 1586
Average % off OLP: 0.92
Average List Pr/Sq.Ft.: $517.23
Average Closed/Sq.Ft.: $473.94
Average DOM: 103

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New Eastside Living

Ginger Menne
737 N. Michigan Ave, Suite 1800
Chicago, IL 60611

ginger@gingermenne.com
Tel (312) 927-0852
Off (312) 216-5887
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