Living / Multi-housing

3Eleven

311 W Illinois St, Chicago, IL, 60654-7805, US

3Eleven_Property for Sale

Gallery

3Eleven 2_Property for Sale

Asset description

​​​​​​​Jones Lang LaSalle Americas (Illinois), L.P. (“JLL”), an Illinois limited partnership is pleased to present 3Eleven, a newly constructed 245- home ultra-luxury high-rise apartment community perfectly situated in the heart of Chicago’s dynamic River North neighborhood. The award-winning, LEED-certified property sets the standard for luxury, high-end living with breathtaking views, beautifully designed interiors, and photo-worthy amenities that promote a life of luxury and convenience. Residents at this stunning building enjoy an ideal live-work-play lifestyle steps to a state-of-the-art new office development and a flourishing River North location. Surrounded by vibrant night life, Chicago’s finest culinary scene, and the city’s top employers, these renters-by-choice are drawn to having the best of Chicago at their doorstep.

Attributes

Number of units
245 units
Occupancy
99.00%
Year built
2018
Building area Net
117,612 sf
Land area Net
0.38 acres (16,553 sf)

Investment highlights

LIVE

  • Trophy Asset In Chicago's River North Neighborhood
    • Unobstructed, breathtaking views of the Chicago skyline
    • World class, all-encompassing rooftop amenity package and vibrant resident social scene
    • State-of-the-art interior design with attention to every detail 
    • First Fitwel-certified asset in the Midwest & LEED Silver Certified
  • Exceptional Accessibility 
    • 92 walk score / 100 transit score
    • Steps to CTA train, and bus lines, bike rental stations, and Chicago Water Taxi

WORK

  • Walk-To-Work 
    • Steps to new office developments including Salesforce Tower (5.2M+ SF / delivers 5,000 jobs in 2023) and the Merchandise Mart renovation (undergoing $60M renovation)
  • Sought-After Renters-By-Choice
    • 3Eleven's affluent residents earn an impressive $134,200+ average household income 
    • Low rent-to-income ratio of 18%
    • Average age is 30, representing a strong workforce base in prime earning years

PLAY

  • Irreplaceable Location
    • ​​​​​​​River North location, Central to Chicago CBD, & steps to West Loop/Fulton Market
    • Dynamic River North location surrounded superb dining & entertainment 
    • Steps to the new and expanding Chicago River Walk - Chicago's 'Second Shoreline" 
    • Two blocks from Chicago's Premier Health Club (East Bank Club)
    • < 1-mile from proposed Bally's $1.7B casino 


3Eleven 4_Property for Sale
3Eleven 4_Property for Sale

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Nov 30, 2022