800 S Wells St, Chicago, IL, 60607-4529, US

River City Apartments

Asset Description

Jones Lang LaSalle Americas (Illinois), L.P. (“JLL”) is pleased to present River City, a 448-home architectural landmark along the Chicago River, perfectly located in the heart of Chicago’s prestigious South Loop. The renovated apartments and awe inspiring lobby design, offers residents breathtaking views and desirable amenities.

River City boasts a transit-oriented location within walking distance to top employers, and recent developments that cater to a modern resident base seeking a live-work-play environment. Situated in the vibrant and ever-evolving South Loop neighborhood, residents are offered incomparable area amenities including access to Chicago’s famous Grant Park and Millennium Park, the Magnificent Mile, the “Cultural Mile”, and Chicago’s 18-mile lakefront trail.

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Attributes

Number of units

253,085 units

Year built

1986

Building area Net

23,512 m²

Land area net

1.35 ha (13,475 m²)

Call for Offers

08/06/2023

Media

Investment Highlights

Newly renovated apartments and community centric amenities - Ownership has spent ~$50 Million in capital improvements since 2020 (Unit interiors, lobby, fitness center)
Iconic architectural landmark with unparalleled interior design and massive European street scape atrium
Amenity upgrade optionality and remaining interior unit value-add
Excellent floor plan options, spanning studios to three-floor penthouses
Transit Score 100 | Walk Score 95 | Bike Score 90
Steps to the Loop and Chicago’s top employers
Minute walk to Roosevelt Collection — shopping center and world-class schools (British School, Jones College Prep)
Path of growth location just minutes from The 78, Old Post Office, and neighboring the Bronzeville Lakefront mega development
10 Minute Drive to the Illinois Medical District - 29,000+ employees and one of the largest urban medical districts in the nation
Available at a discount to replacement cost