Cypress Place
975 Jefferson Square, Elk Grove Village, IL, 60007-4041, US
192 units
Description
Jones Lang LaSalle Americas (Illinois), L.P. (JLL), is pleased to present 731 Plymouth, a 96-unit boutique apartment building in Chicago's Printer's Row. The 1925-built property features one-, two-, and three-bedroom units with community amenities and fully occupied retail space. Located near the Harrison Red Line and multiple universities (UIC, Columbia College, Roosevelt), it offers convenient access to the Loop, West Loop, Museum Campus, and Lake Michigan. The property presents significant value-add potential through unit renovations to capture rental premiums. Available free and clear or with assumable debt.
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Attributes
Number of units
96
Occupancy
100%
Year built
1925
Building area net
8,893 m²
Media
Investment Highlights
Unique Asset & Investment Opportunity
• Value-Add Upside in Units and Amenities
• Expansive Units of ~1000 SF Average — Opportunity to Increase Unit Count
• 100% Occupied Retail -On-Site Amenity for Tenants
• Affordable Rents in One of Chicago’s Top Submarkets
• Significant Discount to Replacement Cost
Desirable Printer’s Row Location
• Perfectly Positioned in Charming and Historic Printer’s Row
• Incredible TOD Location for Easy Access to Downtown Employment
• Within Close Proximity Chicago’s Top Attractions including The Museum Campus, Northerly Island, The Art Institute, and Soldier Field
• Impressive Walk Score and Transit Score
• Nearby The 78 Development and Upcoming Chicago Fire Stadium
Strong Property & Market Fundamentals
• Impressive 100% Occupancy at the Property
• 100% Market Rate Units
• Low Rent-to-Income Ratio Proves Rent Upside
• Minimal Downtown Chicago Supply Pipeline
• <1% of Existing Inventory Under Construction
Contact brokers
731 South Plymouth Apartments (0 Properties)
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Last updated
10 Feb 2026
