21st Street Lofts

61 East 21st Street, Chicago, IL, 60616, US

Description

Jones Lang LaSalle Americas (Illinois), L.P. (JLL) is pleased to present 21st Street Lofts, a beautiful 2018-built, 137-unit apartment building located in Chicago’s bustling South Loop. This distinctive property features loft-style studio, one-, and two-bedroom units with elegant finishes, high ceilings, and modern amenities including a rooftop deck and fitness center. The strategic location provides residents exceptional access to world-class attractions such as McCormick Place, Soldier Field, Grant Park, Wintrust Arena, and the Lakefront Trail, positioning the asset in one of Chicago’s most desirable and rapidly evolving neighborhoods.

21st St Lofts is being offered free and clear.

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Attributes

Number of units

137

Occupancy

93%

Year built

1909

Building area net

5,739 m²

Media

Investment Highlights

Exceptional South Loop Location
Close Proximity to Top Employers, Chicago Lakefront, Endless Retail & Entertainment and Cultural Attractions
95 Walk Score / 86 Bike Score / 80 Transit Score
Minutes from The 78, Old Post Office, and Bronzeville Lakefront Megadevelopments
One-of-a-Kind Asset
100% Leased & 100% Market Rate Units
Boutique-Sized, Adaptive Re-Use Building with Modern Finishes
Authentic loft-style units with high ceilings, exposed brick, and large windows
Strong Submarket Performance:
95% 3-Yr. Projected Occupancy
3.2% YoY Rent Growth
3.3% Projected Rent Growth for 2026
Zero Projects Under Construction within a 0.5 Mile Radius