Astoria Tower

Jones Lang LaSalle Americas (Illinois), L.P. (JLL), is pleased to present Astoria Tower (“”the Property””), a 248-unit luxury apartment building located in one of Chicago’s most dynamic submarkets, South Loop. Astoria Tower’s prime transit-oriented location is walking distance to major employers and entertainment options alike providing residents one of the best live-work locations in the city. Astoria residents enjoy unmatched neighborhood attractions including Chicago’s renowned Grant Park and Millennium Park, the Magnificent Mile, the celebrated “Cultural Mile,” and Chicago’s scenic 18-mile lakefront trail.

Built in 2009, the Property offers a diverse mix of layouts from studios to three-bedroom units, inclusive of spacious floorplans and incredible views. There is also a wide array of community amenities on-site as well as 100% occupied retail in the building. With significant value-add upside potential through comprehensive unit renovations, investors have a compelling opportunity to modernize the entire building and capture verifiable rental premiums. This unique investment opportunity is available free and clear.