Property Overview

The attached subject opportunity is a boutique 36-unit apartment building located in Chicago’s Fulton River District. The subject investment property is a unique, rarely available, newer construction asset in one of the most popular submarkets in the city. The building is a transit-oriented development (TOD) and is just steps from the Grand Station on the CTA Blue Line which provides quick access to downtown and O’Hare Airport. Each unit features individual high-end finish levels that include stainless steel appliances, in-unit laundry, quartz countertops, digital thermostats, and most include private balconies. The complex also provides high in-demand parking on-site with eighteen parking spaces.

The subject investment opportunity presents the opportunity to acquire a trophy multifamily asset in one of the most prime and sought-after locations in Chicago. The property has been well-received in the neighborhood since its delivery and has a consistent strong rent roll, proving its appeal to tenants.

Learn more about this transaction here

Highlights

• Professionally Owned and Operated

• Bike Room, On-Site Dry Cleaning Pick-up, Additional Tenant Storage and Package Room On-Site

• Pet-Friendly

• Located Steps from the CTA Blue Line Grand Station Which Provides Quick Access to Downtown & O’Hare Airport

• 24-Hour Emergency Maintenance

Key Details

Transaction Date
2022
Number of Units
Thirty-Six (36)
Year Built
2017
Submarket
Fulton River District