268
Units
1972 | 1920
Built
833
Avg Unit SF
Overview
- 2-BUILDING, 268-UNIT VALUE-ADD OPPORTUNITY
- 22-Story High-Rise (1972) and Connected 8-Story Warehouse Building (1920)
- Rooftop Pool, Renovated Clubroom and Fitness Center, Significant Capital Expenditures
- 70% of Units Available for Proven Revenue-Generating Interior Upgrades
- LTOs 2025 YTD: $157 (+6.4%) New Leases | $104 (+6.4%) Renewals
Investment Highlights
#1
RENT GROWTH LEADER
-RealPage
#1
CORPORATE INVESTMENT MARKET OF 2024:
12 CONSECUTIVE YEARS
582 PROJECTS
including a $10 BILLION + 1,000-Job Investment from Compass Datacenters and $2.25 BILLION via T5 Data Centers
#1
DEMAND MARKET of 150 CORE MARKETS
(50 Largest Markets)
-CoStar
#2
TIGHTEST, MOST UNDERBUILT MARKET — 2024 + FUTURE
(50 Largest Markets)
-CoStar
#2 | #7
HOTTEST RENTAL MARKET OF 2024
Suburban Chicago + Chicago
-RentCafe
TOP 10
LOWEST RENT WALLET SHARE LARGE METRO
-Zillow + RealPage
#1
#3 BACK-TO-WORK MARKET
in August 2025: 70.0%
-Top Weekday | Kastle Systems
Gallery
Contact Us
Chicago Office
125 S. Wacker Drive, Suite 400
Chicago, IL 60606
INVESTMENT SALES
PETE EVANS
Senior Managing Director
847.226.0836
[email protected]
RICHARD EVANS
Senior Director
773.991.3321
[email protected]
Mortgage Banking
LAURA CATHLINA
Senior Managing Director
312.339.5343
[email protected]
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.