Nevele22_Property for Sale
Nevele22_Property for Sale

Nevele22

1122 W Chicago Ave, Chicago, IL, 60642-5795, US

Description

Jones Lang LaSalle Americas (Illinois), L.P. (JLL) is pleased to present Nevele22 (“The Property”), a luxury 97-home apartment community located in the heart of Chicago’s rapidly growing River West neighborhood. Completed in 2023, the property combines luxury residential units with 6,169 SF of ground-level retail space, well situated at the corner of Milwaukee Ave and Chicago Ave. This 99% occupied property features studios, 1-bedroom, 2-bedroom, and 3-bedroom apartments, all complete with premier finishes featuring stainless steel appliances, quartz countertops, and in-unit washer/dryers. A host of building amenities enhances the resident experience, featuring multiple rooftop sundecks, BBQ grills, a dog run, fire pits, a fitness center, an attached heated parking garage, and stunning Chicago skyline views.


Nevele22 offers an ideal transit-oriented location directly at the Chicago Avenue CTA Blue Line stop, providing direct train access to downtown and O’Hare Airport. Multiple CTA bus routes serve the area, and major highways (I-90/94) are just three blocks away, ensuring seamless connectivity for both public transit users and car commuters. The neighborhood is part of the greater West Town area and adjacent to Fulton Market and River North, allowing easy access to Chicago’s top restaurants, bars, and venues.


Nevele22 presents an attractive investment opportunity in a high-demand Chicago submarket, leveraging its prime location, modern design, comprehensive amenities, and access to a strong tenant base. This opportunity is available free and clear.

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Attributes

Year built
2023
Homes
97
Building area gross
7,115 m²
Garage Parking Spaces
23

Media

Investment Highlights

Dynamic Live, Work, Play Location

  1. Easy Access to Chicago’s Top Employers through Nearby Public Transportation
  2. Proximity to West Loop and River North Dining and Retail Demand Drivers
  3. 95 Walk Score, 97 Bike Score


In-Demand Luxury Asset

  1. Premier Amenities including Fitness Center, Rooftop Terrace, and Resident Lounge
  2. Top-of-the-Line Finishes
  3. Brand New Boutique Product


Stellar Submarket Performance

  1. 168% Population Growth Since 2000
  2. 3.6% YoY Projected Rent Growth
  3. 95% 3 Year Projected Occupancy
Nevele22 4_Property for Sale
Nevele22 4_Property for Sale

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Nevele22 (0 Properties)

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Last updated
3 Sep 2025