Property Overview
Interra Realty has been exclusively engaged to market 707 N. Wells Street, The Hensley, for sale. The Hensley is a 2016 construction mixed-use asset with 43 high-end apartments above 5,102 (+790 mezzanine) square feet of retail and 41 garage parking spaces.
The Hensley offers tenants the benefits of a boutique neighborhood living experience without compromising on unit finishes or amenities. Common area amenities include; fitness center, outdoor patio with built-in grills, bike storage, and dry cleaning drop-off/pick-up lockers. In addition, the Owner negotiated a lease with the adjacent property, Exhibit, for the tenants to have full access to that property’s amenities.
Units have high ceilings, modern finishes, in-unit laundry, and individual HVAC. The units offer some of the largest floorplans within the submarket (average square footage is over 1,000 square feet) and all units have private outdoor space.
The retail is leased to Boka Group, a James Beard Award-winning local restaurant group, who operates a premier Chicago steakhouse; GT Prime.
Highlights
- 1Extremely Rare Trophy Asset of Boutique Size in an A+ Chicago Location
- Average Apartment Rent: $3,483 / Average Apartment Size: 1,053 SF
- Street-Level Retail Net Leased to Premier Chicago Steakhouse
- All Units Have Private Balconies or Terraces
- Unique Boutique Living Experience with Common Area Amenities of a Larger Property