Documents
Attributes
Year Built | 2018 |
Building Area Net |
|
Number of units | 381 |
Asset Description
Jones Lang LaSalle “JLL” is pleased to present Eight Eleven, a new 381- home luxury high-rise apartment community located in Chicago's Uptown neighborhood. The LEED-certified property sets the standard for luxury, high-end living with breathtaking views, offering residents best-in-class amenities, and top-tier home finishes and features. Eight Eleven’s Uptown location is central to local transportation, Chicago’s 18-mile lakefront trail, downtown Chicago, and exciting entertainment venues. The offering includes an additional opportunity to purchase a neighboring 100% occupied outparcel separately or together with the 381-home residential tower.
Investment Highlights
Significant Tax Benefit
- Eight Eleven is subject to TIF savings
Irreplaceable Uptown Asset
- World class, all encompassing 50,000SF+ amenity package
- State-of-the-art interior design with attention to every detail
- Excellent floor plan options, spanning from studios to townhomes
- Inspiring views of the Chicago Skyline and Lake Michigan (60% of units have lakefront view)
- Opportunity to purchase 100% occupied Retail Outparcel
- LEED Silver Certified
Dynamic Uptown Location
- Walk Score: 89 | Bike Score: 93
- Walk-to-everything location
- Excellent Transportation Options such as the Wilson “L” Station, Lake Shore Drive, and Proximate to a plethora of dining, grocery, and entertainment options
- Steps from Lake Michigan and Montrose Harbor
Sought-After Renters-by-Choice
- Resident avg. age is 35, representing a strong workforce base within prime earning years
- Strong Avg. Resident Household Income of ~$93K
- Impressive Resident Workforce spanning Finance/Medical/Technology Sectors