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61 E 21st StChicago, IL 60616
21st Street Lofts
Asset ClassMultifamily
Parking Spaces47 Spaces
# Units: 137Year Built: 2018Access Data Room
137-Unit Adaptive Re-Use Apartment Building in Chicago’s Bustling South Loop
overview of deal

Overview

Jones Lang LaSalle Americas (Illinois), L.P. ("JLL") is pleased to present 21st Street Lofts, a beautiful 2018-built, 137-unit adaptive re-use apartment building located in Chicago’s bustling South Loop. 21st Street Lofts offers residents an ideal living experience, with unique, lofted studio, 1-bed, and 2-bed layouts and elegant interior finishes. 21st Street Lofts’ fantastic South Loop location provides residents access to a plethora of top restaurants, retail, and entertainment venues, including Soldier Field, Grant Park, Wintrust Arena, McCormick Place, and the Lakefront Trail.

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Investment Highlights

Exceptional South Loop Location

  • Proximate to Top Employers, Chicago Lakefront, Endless Retail & Entertainment and Cultural Attractions
  • 95 Walk Score / 86 Bike Score / 80 Transit Score

Significant Neighborhood Investments

  • Minutes from the 78, Old Post Office, Bronzeville Lakefront Megadevelopments

One-of-a-Kind Asset

  • 99% Leased
  • Boutique-Sized, Adaptive Re-Use Building with Modern FInishes

Valuable Unused FAR Remaining

  • ~22,000 SF of FAR Available for Sale or Use

Strong Submarket Performance

  • 95% 5-Yr. Average Historical Occupancy
  • Zero Projects Under Construction within a 0.5 Mile Radius

Available 'All Cash'

  • Attractive Financing Options
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61 E 21st StChicago, IL 60616
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Listing provided by Revere CRE