Aqua at Lakeshore East_Property for Sale
Aqua at Lakeshore East_Property for Sale

Aqua at Lakeshore East

225 N Columbus Dr, Chicago, IL, 60601-7910, US

Description

Jones Lang LaSalle Americas (Illinois), L.P. (JLL), is pleased to present Aqua at Lakeshore East, a Class A 474-unit luxury apartment building located in Chicago’s prestigious Lakeshore East neighborhood. This award-winning mixed-use building is recognizable within the Chicago skyline and known for its sinuous facade that offers residents balconies with unrivaled views of Chicago and Lake Michigan. Adjacent to the building, the 5+ acre Park at Lakeshore East provides residents with an outdoor oasis featuring lush gardens, cascading fountains, a gated dog park and a children’s playground. Aqua’s prime location is steps from Chicago’s popular attractions including Millennium Park, Maggie Daley Park, Michigan Avenue, Navy Pier, and the Lakefront and River Walk.


Built in 2009, Aqua boasts one of the largest indoor and outdoor amenity spaces in Chicago with over 110,000 square feet of hotel quality amenities. The property offers a diverse mix of layouts from studios to two-bedroom units, 56,000 square feet of commercial space and a 974-space parking garage. With all units in classic condition, significant value-add potential exists through unit interior and common area upgrades.

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Attributes

Year built
2009
Number of units
474
Parking spaces
974

Media

Investment Highlights

  1. Iconic Real Estate at a Discount to Replacement Cost
  2. Award-Winning Jeanne Gang Design with Unbeatable Views of Chicago’s Skyline & Lake Michigan
  3. Sought After 2009 Vintage with 100% Classic Market-Rate Units
  4. Unmatched Amenity Scale & Hotel Integration featuring one of Chicago’s largest residential amenity offerings (110,000+ sq ft)

  1. Ideal Lakeshore East Convenience – 99 Walk Score and 100 Transit Score
  2. Excellent Transportation Options & Walkability, including Direct Pedway Access
  3. Minutes to Top Chicago Destinations including Navy Pier, Maggie Daley Park, and Chicago River
  4. Unbeatable Access to Private Lakeshore East Park, a 5+ Acre Urban Botanic Garden

  1. #1 Market & Top Property Fundamentals
  2. 95% Occupied with 5.5%+ Rental Premium on Last 50 Leases Signed Over Current In-Place Rent
  3. Low Rent-to-Income Ratio of 16% Supports Strong Rent Growth
  4. Minimal Downtown Chicago Supply Pipeline <1% of Existing Inventory Under Construction


Aqua at Lakeshore East 4_Property for Sale
Aqua at Lakeshore East 4_Property for Sale

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Aqua at Lakeshore East (0 Properties)

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Last updated
20 Oct 2025