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The Regatta is a brand-new residential high-rise that was recently completed in the New East Side neighborhood of downtown Chicago. In addition to the breathtaking views that can be gotten from the Regatta’s 45 floors, the building offers quality construction, spacious units and all the modern conveniences you need to live in comfort and modern luxury. Located at 420 E. Waterside, this new Chicago condo development offers 320 individual units with a number of layouts and assigned/deeded parking for residents' vehicles.
In this day and age, there are some essential elements that we just expect have in our urban dwellings, while other features are an added bonus that make the city lifestyle that much sweeter. The residences in the Regatta incorporate the basic necessities with a touch of luxury, from the handy building services and facilities to the amenities of your private abode. The building's floorplans, which include anywhere from studio to 3 bedrooms, come in all different square footages to suit the needs of homeowners with varying family sizes. The average master bedroom is 165 square feet, although some can be as large as 200+ square feet. The second bedroom is typically 132 square feet, still a good amount of space for the growing members of the household, or a great spot for the home office. And, in case your family includes a lovable cat or dog (or fish or bird, etc.), the building is pet-friendly.
The price per square foot for in the Regatta is $442, and from listing to closing, the standard length of time a unit in this building stays on the market is 101 days. In regards to properties that are currently for sale, the average length of time a studio tends to stay on the market before selling is around 60 days. There are currently few studio residences available in this great development that maintain an average listing price around just or slightly above the market price. In addition to the upfront price for real estate in this striking residential structure, it's helpful to know how much assessments and taxes are, since you'll be paying those on top of the mortgage. For this particular building, the average assessments are $199 per month and taxes cost between $1,500 and $4,000 per year.
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