450 E Waterside Drive #2401
About This Property
The manager has listed the unit size as 961 square feet.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 19, 2023 | Sold | $520,000 | |
Sold | |||
Sep 19, 2023 | Listed | $500,000 | |
Listed | |||
|
|||
This unit on a high floor has everything you could want in a
downtown home including spectacular amazing forever views
overlooking Lake Michigan and The Chicago River! This super modern
beautifully designed property with floor to ceiling windows boasts
all the amenities you could ask for including a private balcony to
watch fireworks from, lake views, in-unit washer/dryer, extra high
ceilings, ensuite primary bedroom with walk-in closet & a huge
marble bath with double bowl vanity…
|
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/23/2024
|
1 Bed
|
1 Bath
|
904 ft²
|
$380,000
1 Bed
1 Bath
904 ft²
|
-
-
|
-
|
Chih-Hao Yang
Fulton Grace Realty
|
|
06/11/2024
|
3 Bed
|
3 Bath
|
2714 ft²
|
$2,478,000
3 Bed
3 Bath
2714 ft²
|
-
-
|
-
|
Meg Whitted
Baird & Warner Fox Valley - Geneva
|
|
07/16/2024
|
3 Bed
|
3 Bath
|
1902 ft²
|
$885,000
3 Bed
3 Bath
1902 ft²
|
$970,000
+9.60%
08/23/2024
|
-
|
Bo Xu
Corcoran Urban Real Estate
|
|
06/03/2024
|
2 Bed
|
2 Bath
|
1644 ft²
|
$768,000
2 Bed
2 Bath
1644 ft²
|
$795,000
+3.52%
08/22/2024
|
-
|
Sandy Kalant
Charles Rutenberg Realty of IL
|
|
05/05/2024
|
2 Bed
|
2 Bath
|
1644 ft²
|
$975,000
2 Bed
2 Bath
1644 ft²
|
$1,000,000
+2.56%
05/30/2024
|
-
|
Jeremy Butterfield
@properties Christie's International Real Estate
|
|
04/18/2024
|
1 Bed
|
1 Bath
|
925 ft²
|
$370,000
1 Bed
1 Bath
925 ft²
|
$410,000
+10.81%
05/24/2024
|
-
|
Arden Baranowski
Compass
|
|
03/25/2024
|
1 Bed
|
1 Bath
|
885 ft²
|
$345,000
1 Bed
1 Bath
885 ft²
|
$360,000
+4.35%
05/20/2024
|
-
|
Michael Mandile
Compass
|
|
03/21/2024
|
Loft
|
-
|
-
|
$40,000
Loft
-
|
$40,000
04/24/2024
|
-
|
Chih-Hao Yang
Fulton Grace Realty
|
|
02/29/2024
|
1 Bed
|
2 Bath
|
1024 ft²
|
$455,000
1 Bed
2 Bath
1024 ft²
|
$460,000
+1.10%
07/16/2024
|
-
|
Ginger Menne
Baird & Warner
|
|
02/26/2024
|
1 Bed
|
1 Bath
|
906 ft²
|
$379,000
1 Bed
1 Bath
906 ft²
|
$360,000
-5.01%
04/24/2024
|
-
|
Chih-Hao Yang
Fulton Grace Realty
|
|
02/01/2024
|
2 Bed
|
2 Bath
|
1153 ft²
|
$595,000
2 Bed
2 Bath
1153 ft²
|
-
-
|
-
|
Lauren Leonardi
@properties Christie's International Real Estate
|
|
01/11/2024
|
2 Bed
|
2 Bath
|
1102 ft²
|
$598,000
2 Bed
2 Bath
1102 ft²
|
$584,000
-2.34%
02/20/2024
|
-
|
Maha Alzeidan
Coldwell Banker Realty
|
|
01/07/2024
|
1 Bed
|
2 Bath
|
1148 ft²
|
$445,000
1 Bed
2 Bath
1148 ft²
|
$440,000
-1.12%
03/04/2024
|
-
|
Ginger Menne
Baird & Warner
|
|
11/29/2023
|
1 Bed
|
2 Bath
|
1024 ft²
|
$445,000
1 Bed
2 Bath
1024 ft²
|
$445,000
01/05/2024
|
Alexandre Stoykov
Compass
|
||
04/21/2023
|
3 Bed
|
2.5 Bath
|
1900 ft²
|
$999,000
3 Bed
2.5 Bath
1900 ft²
|
-
-
|
-
|
Grigory Pekarsky
Vesta Preferred LLC
|
|
10/31/2023
|
2 Bed
|
2 Bath
|
1644 ft²
|
$949,900
2 Bed
2 Bath
1644 ft²
|
-
-
|
-
|
Sandy Kalant
Charles Rutenberg Realty of IL
|
|
09/19/2023
|
1 Bed
|
2 Bath
|
961 ft²
|
$500,000
1 Bed
2 Bath
961 ft²
|
$520,000
+4.00%
12/19/2023
|
-
|
Ted Mortellaro
Dream Town Real Estate
|
|
09/14/2023
|
1 Bed
|
2 Bath
|
1136 ft²
|
$475,000
1 Bed
2 Bath
1136 ft²
|
$455,000
-4.21%
10/04/2023
|
-
|
Jingen Xu
Land Fairy Realty Corp.
|
|
06/16/2023
|
2 Bed
|
3 Bath
|
1450 ft²
|
$750,000
2 Bed
3 Bath
1450 ft²
|
$735,000
-2.00%
09/19/2023
|
-
|
Kristine Kramer
Coldwell Banker Realty
|
|
06/16/2023
|
3 Bed
|
3 Bath
|
2131 ft²
|
$1,375,000
3 Bed
3 Bath
2131 ft²
|
$1,345,000
-2.18%
07/10/2023
|
-
|
Jeanine Wheeler
@properties Christie's International Real Estate
|
|
05/18/2023
|
2 Bed
|
2 Bath
|
1409 ft²
|
$750,000
2 Bed
2 Bath
1409 ft²
|
-
-
|
-
|
Ryan Preuett
Jameson Sotheby's International Realty
|
|
05/11/2023
|
1 Bed
|
1 Bath
|
-
|
$349,000
1 Bed
1 Bath
|
$365,000
+4.58%
07/06/2023
|
Matt Laricy
Americorp, Ltd
|
||
05/02/2023
|
2 Bed
|
3 Bath
|
2100 ft²
|
$1,290,000
2 Bed
3 Bath
2100 ft²
|
$1,270,000
-1.55%
09/22/2023
|
Ginger Menne
Baird & Warner
|
||
04/11/2023
|
3 Bed
|
3.5 Bath
|
2733 ft²
|
$1,870,000
3 Bed
3.5 Bath
2733 ft²
|
-
-
|
-
|
Leo Clark
Gold Coast Realty Chicago
|
|
04/05/2023
|
1 Bed
|
1 Bath
|
905 ft²
|
$360,000
1 Bed
1 Bath
905 ft²
|
$370,000
+2.78%
05/15/2023
|
-
|
Michael Emery
Keller Williams Infinity
|
|
03/23/2023
|
2 Bed
|
2 Bath
|
1228 ft²
|
$609,000
2 Bed
2 Bath
1228 ft²
|
$585,000
-3.94%
06/12/2023
|
-
|
Arden Baranowski
Compass
|
|
03/08/2023
|
1 Bed
|
2 Bath
|
1136 ft²
|
$449,000
1 Bed
2 Bath
1136 ft²
|
$450,000
+0.22%
03/16/2023
|
-
|
Pam MacPherson
Compass
|
|
03/03/2023
|
3 Bed
|
3 Bath
|
2131 ft²
|
$1,395,000
3 Bed
3 Bath
2131 ft²
|
$1,345,000
-3.58%
04/12/2023
|
-
|
Jeanine Wheeler
@properties Christie's International Real Estate
|
|
10/21/2022
|
1 Bed
|
1.5 Bath
|
1136 ft²
|
$480,000
1 Bed
1.5 Bath
1136 ft²
|
-
-
|
-
|
Kathryn Schrage
Redfin Corporation
|
|
02/03/2023
|
2 Bed
|
2 Bath
|
1153 ft²
|
$699,000
2 Bed
2 Bath
1153 ft²
|
$685,000
-2.00%
04/14/2023
|
-
|
Michael Emery
Keller Williams Infinity
|
|
11/10/2022
|
1 Bed
|
1 Bath
|
906 ft²
|
$390,000
1 Bed
1 Bath
906 ft²
|
$370,000
-5.13%
02/28/2023
|
Kevin Binkley
Compass Real Estate
|
||
01/25/2023
|
Studio
|
1 Bath
|
-
|
$250,000
Studio
1 Bath
|
$275,000
+10.00%
04/06/2023
|
-
|
Matt Laricy
Americorp Ltd-Matt Laricy Group
|
|
01/13/2023
|
2 Bed
|
3 Bath
|
1839 ft²
|
$799,000
2 Bed
3 Bath
1839 ft²
|
$760,000
-4.88%
01/16/2024
|
-
|
Janet Seehausen
Corcoran Urban Real Estate
|
|
10/14/2022
|
Studio
|
1 Bath
|
583 ft²
|
$309,900
Studio
1 Bath
583 ft²
|
-
-
|
-
|
Kim Hamilton
Kale Realty
|
|
05/31/2022
|
3 Bed
|
4 Bath
|
3231 ft²
|
$2,495,000
3 Bed
4 Bath
3231 ft²
|
-
-
|
-
|
Rubina Bokhari
Compass
|
|
07/22/2022
|
1 Bed
|
1 Bath
|
841 ft²
|
$355,000
1 Bed
1 Bath
841 ft²
|
-
09/13/2022
|
Ginger Menne
Baird & Warner
|
||
07/08/2022
|
2 Bed
|
3 Bath
|
2100 ft²
|
$800,000
2 Bed
3 Bath
2100 ft²
|
$775,000
-3.13%
03/24/2023
|
-
|
Ginger Menne
Baird & Warner
|
|
09/08/2021
|
1 Bed
|
1 Bath
|
906 ft²
|
$390,000
1 Bed
1 Bath
906 ft²
|
-
-
|
-
|
Kenneth Furth
Kale Realty
|
|
03/02/2022
|
1 Bed
|
1 Bath
|
979 ft²
|
$400,000
1 Bed
1 Bath
979 ft²
|
-
-
|
-
|
Joseph Siciliano
Compass
|
|
05/16/2022
|
2 Bed
|
2 Bath
|
1135 ft²
|
$775,000
2 Bed
2 Bath
1135 ft²
|
-
-
|
-
|
Joe Castillo
RE/MAX MI CASA
|
|
01/18/2022
|
2 Bed
|
2 Bath
|
1556 ft²
|
$599,000
2 Bed
2 Bath
1556 ft²
|
$681,000
+13.69%
03/04/2022
|
-
|
Matt Laricy
Americorp Ltd-Matt Laricy Group
|
|
01/04/2022
|
1 Bed
|
1 Bath
|
925 ft²
|
$435,000
1 Bed
1 Bath
925 ft²
|
-
-
|
-
|
Steve Otwell
Redfin Corporation
|
|
03/24/2022
|
3 Bed
|
3 Bath
|
2131 ft²
|
$1,399,900
3 Bed
3 Bath
2131 ft²
|
$1,340,000
-4.28%
05/26/2022
|
Christopher Pertile
@properties Christie's International Real Estate
|
||
03/16/2022
|
1 Bed
|
2 Bath
|
1136 ft²
|
$459,000
1 Bed
2 Bath
1136 ft²
|
$475,000
+3.49%
05/26/2022
|
-
|
Bo Xu
Corcoran Urban Real Estate
|
|
03/16/2022
|
1 Bed
|
1 Bath
|
906 ft²
|
$345,000
1 Bed
1 Bath
906 ft²
|
$375,000
+8.70%
06/03/2022
|
-
|
Ginger Menne
Baird & Warner
|
|
09/28/2021
|
2 Bed
|
2 Bath
|
1409 ft²
|
$775,000
2 Bed
2 Bath
1409 ft²
|
$720,000
-7.10%
05/11/2022
|
Elizabeth Franken
Berkshire Hathaway HomeServices Chicago
|
||
02/09/2022
|
1 Bed
|
1 Bath
|
881 ft²
|
$350,000
1 Bed
1 Bath
881 ft²
|
$380,000
+8.57%
06/30/2022
|
-
|
Wendi Gordon Shelist
@properties Christie's International Real Estate
|
|
02/07/2022
|
1 Bed
|
2 Bath
|
961 ft²
|
$495,000
1 Bed
2 Bath
961 ft²
|
$477,000
-3.64%
04/07/2022
|
Thomas Bezanes
Compass
|
||
01/26/2022
|
3 Bed
|
3 Bath
|
2100 ft²
|
$1,075,000
3 Bed
3 Bath
2100 ft²
|
$1,040,000
-3.26%
04/04/2022
|
-
|
Alexander Caras
Magellan Realty LLC
|
|
01/17/2022
|
1 Bed
|
2 Bath
|
1136 ft²
|
$459,000
1 Bed
2 Bath
1136 ft²
|
$405,000
-11.76%
08/18/2022
|
-
|
Janet Seehausen
Corcoran Urban Real Estate
|
|
01/17/2022
|
1 Bed
|
1 Bath
|
841 ft²
|
$369,900
1 Bed
1 Bath
841 ft²
|
$355,000
-4.03%
04/05/2022
|
-
|
Gail Spreen
Jameson Sotheby's Int'l Realty
|
|
12/20/2021
|
3 Bed
|
3 Bath
|
2215 ft²
|
$1,425,000
3 Bed
3 Bath
2215 ft²
|
$1,425,000
03/22/2022
|
-
|
Wendi Gordon Shelist
@properties Christie's International Real Estate
|
|
07/01/2021
|
1 Bed
|
1 Bath
|
906 ft²
|
$389,000
1 Bed
1 Bath
906 ft²
|
-
-
|
-
|
Mark Ahmad
CENTURY 21 Affiliated
|
|
11/15/2021
|
1 Bed
|
2 Bath
|
1024 ft²
|
$395,000
1 Bed
2 Bath
1024 ft²
|
$428,000
+8.35%
02/15/2022
|
-
|
Monique Crossan
Berkshire Hathaway HomeServices Chicago
|
|
08/05/2021
|
1 Bed
|
1 Bath
|
1100 ft²
|
$350,000
1 Bed
1 Bath
1100 ft²
|
-
-
|
-
|
Chris Vasilakopoulos
Dream Town Real Estate
|
|
08/05/2021
|
3 Bed
|
3 Bath
|
1902 ft²
|
$1,100,000
3 Bed
3 Bath
1902 ft²
|
-
-
|
-
|
Rubina Bokhari
Compass
|
|
08/26/2021
|
3 Bed
|
3 Bath
|
2714 ft²
|
$2,395,000
3 Bed
3 Bath
2714 ft²
|
$2,100,000
-12.32%
04/15/2022
|
-
|
Naomi Wilkinson
Magellan Marketing Group LLC
|
|
08/24/2021
|
1 Bed
|
2 Bath
|
1024 ft²
|
$435,000
1 Bed
2 Bath
1024 ft²
|
-
02/10/2022
|
Joseph Blum
@properties Christie's International Real Estate
|
||
08/12/2021
|
Studio
|
1 Bath
|
600 ft²
|
$250,000
Studio
1 Bath
600 ft²
|
$245,000
-2.00%
12/20/2021
|
Melissa Edidin
@properties
|
||
07/27/2021
|
1 Bed
|
1 Bath
|
890 ft²
|
$345,000
1 Bed
1 Bath
890 ft²
|
$321,000
-6.96%
11/23/2021
|
Bruce Glazer
@properties
|
||
07/19/2021
|
1 Bed
|
2 Bath
|
1080 ft²
|
$475,000
1 Bed
2 Bath
1080 ft²
|
$468,000
-1.47%
09/17/2021
|
-
|
Rizwan Gilani
Dream Town Realty
|
|
07/02/2021
|
2 Bed
|
2 Bath
|
1153 ft²
|
$669,000
2 Bed
2 Bath
1153 ft²
|
$607,000
-9.27%
08/18/2021
|
Naomi Wilkinson
Magellan Realty LLC
|
||
06/15/2021
|
1 Bed
|
1 Bath
|
906 ft²
|
$369,900
1 Bed
1 Bath
906 ft²
|
$395,000
+6.79%
10/21/2021
|
Mia Wilkinson
Berkshire Hathaway HomeServices Chicago
|
||
06/15/2021
|
3 Bed
|
3 Bath
|
2215 ft²
|
$1,360,000
3 Bed
3 Bath
2215 ft²
|
-
01/19/2022
|
Ann Caron
@properties
|
||
03/24/2021
|
1 Bed
|
2 Bath
|
1040 ft²
|
$399,000
1 Bed
2 Bath
1040 ft²
|
-
-
|
-
|
-
|
|
05/20/2021
|
1 Bed
|
1 Bath
|
906 ft²
|
$400,000
1 Bed
1 Bath
906 ft²
|
$420,000
+5.00%
11/01/2021
|
John Grafft
Compass
|
||
05/18/2021
|
3 Bed
|
4 Bath
|
3231 ft²
|
$2,300,000
3 Bed
4 Bath
3231 ft²
|
$2,010,000
-12.61%
08/13/2021
|
Nicholas Colagiovanni
Baird & Warner
|
||
05/08/2021
|
1 Bed
|
1 Bath
|
906 ft²
|
$350,000
1 Bed
1 Bath
906 ft²
|
$337,000
-3.71%
07/23/2021
|
Janet Seehausen
Corcoran Urban Real Estate
|
||
02/15/2021
|
2 Bed
|
2 Bath
|
1135 ft²
|
$699,000
2 Bed
2 Bath
1135 ft²
|
$660,000
-5.58%
09/21/2021
|
Sandra Gonzalez
|
||
03/12/2021
|
2 Bed
|
2 Bath
|
1102 ft²
|
$679,000
2 Bed
2 Bath
1102 ft²
|
-
-
|
-
|
-
|
|
03/09/2021
|
1 Bed
|
2 Bath
|
1024 ft²
|
$470,000
1 Bed
2 Bath
1024 ft²
|
-
-
|
-
|
Suchi Bhagat
Compass
|
|
03/03/2021
|
2 Bed
|
2 Bath
|
1644 ft²
|
$879,000
2 Bed
2 Bath
1644 ft²
|
-
-
|
-
|
Sandy Kalant
Charles Rutenberg Realty of IL
|
|
10/14/2020
|
1 Bed
|
1 Bath
|
870 ft²
|
$325,000
1 Bed
1 Bath
870 ft²
|
$360,000
+10.77%
04/23/2021
|
Andrei Savtchenko
|
||
02/12/2021
|
1 Bed
|
2 Bath
|
1080 ft²
|
$500,000
1 Bed
2 Bath
1080 ft²
|
$490,000
-2.00%
07/29/2021
|
Vikki Kokuzian
Coldwell Banker Realty
|
||
02/08/2021
|
2 Bed
|
2 Bath
|
1409 ft²
|
$799,000
2 Bed
2 Bath
1409 ft²
|
$780,000
-2.38%
12/10/2021
|
Janet Seehausen
Corcoran Urban Real Estate
|
||
01/05/2021
|
1 Bed
|
2 Bath
|
1024 ft²
|
$449,000
1 Bed
2 Bath
1024 ft²
|
$450,000
+0.22%
08/02/2021
|
Carrie McCormick
@properties
|
||
01/04/2021
|
Studio
|
1 Bath
|
650 ft²
|
$250,000
Studio
1 Bath
650 ft²
|
-
-
|
-
|
Matt Laricy
Americorp Ltd-Matt Laricy Group
|
|
12/28/2020
|
2 Bed
|
2 Bath
|
1102 ft²
|
$559,900
2 Bed
2 Bath
1102 ft²
|
-
-
|
-
|
-
|
|
07/06/2020
|
2 Bed
|
2 Bath
|
1228 ft²
|
$570,000
2 Bed
2 Bath
1228 ft²
|
$480,000
-15.79%
10/20/2020
|
Xiaojing Frost
|
||
06/17/2020
|
1 Bed
|
2 Bath
|
1136 ft²
|
$495,000
|