312-651-6725
200 E Illinois St, Chicago, IL for Sale
Apartments - FOR SALE
1/79
null | Request Cap Rate

200 E Illinois St
Chicago, IL 60611
Streeterville


HIGHLIGHTS

  • Desirable Value-Add Upside for 2013 Built Asset
  • Impressive 11.4% Tradeouts for new Leases | 6% Tradeouts on Renewals
  • Strong 66% Resident Retention in 2025
  • Exclusive Rooftop Amenity Floor Featuring Hot Tub, Sky Garden, Lounge Area, Fire Pits and Grills
  • Highly Desired Real Estate Adjacent to Lake Michigan and Chicago River
  • Steps to Booming Michigan Avenue Destination Retail and Commercial Corridor

OVERVIEW

Jones Lang LaSalle Americas (Illinois), L.P. (JLL) is pleased to present Aston (“The Property”), an iconic 325-home apartment community located in the heart of Chicago’s sought-after Streeterville neighborhood. Aston offers residents high-end living in the most walkable submarket of Chicago. The Property offers a range of homes, including convertibles, one bedrooms, two bedrooms and three bedroom units, all with expansive floorplans. Aston offers an endless array of amenities, including a stunning rooftop spa and sundeck, a state-of-the-art fitness center, an indoor pool and spa, and much more. The Property offers investors an incredible opportunity to renovate 100% of homes. There is also 16,445 SF of onsite retail and private offices that is an added amenity for residents and the Streeterville submarket to enjoy. Renowned for its luxury and walkability, Streeterville provides residents with exceptional amenities and convenient transit access. The neighborhood’s prime location offers close proximity to Lake Michigan and the Magnificent Mile, as well as access to prestigious educational and medical institutions, creating an appealing environment for young professionals and families alike. There are a plethora of employers within walking distance of the Property, including Northwestern Hospital, United Healthcare, Kraft, and many others. This incredible investment opportunity is available free and clear.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

325

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aston Chicago

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

42

YEAR BUILT

2013

PARKING SPACES

238

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

101,059 SF

ZONING

DX-12,PD 3

APN/PARCEL ID

17-10-212-001-0000,17-10-212-002-0000,17-10-212-005-0000,17-10-212-041-0000

ASK ABOUT THIS PROPERTY

Mark SternJLLMore Info
312-651-6725

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Mark SternJLLMore Info
312-651-6725

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.