THE OPPORTUNITY
• Top 3 for Largest Units in Entire River West Submarket @ 1,088 SF Average
• Unobstructed Skyline Views: Floor-to-Ceiling Glass Windows and Doors + Sky-High
Ceilings (10’ to 12’)
• 5-Minute Walk to the $1.7 Billion Incoming Bally’s Chicago Casino, Hotel, and
Entertainment Mecca
• Explosive 30.3% Key Demographic Population Growth Projected for Gen Z to
Young Millennials (Age 25-34) from 2023-2028 (within 1/4 mile of Mondial)
• The Bullseye of Downtown Chicago’s Core Employment Hubs + 35 Fortune 500 HQ
Companies
• Prime Public Transportation Within Steps: Two CTA Blue Lines (5-minute walk) —
Weekly Ridership: Chicago Blue (88,800) + Grand Blue (31,200)
• Unique Architectural Gem: Striking Le Corbusier-Esque Style of Sculptural
Modernism
• Idyllic Urban Enclave: Tree-Lined Streets Surrounded by Upscale Residential
ABUNDANT AMENITIES
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910 W. Huron Street, Chicago, IL 60642
Mondial River West
POWER METRICS
Massive Population Influx of the Most Desirable Gen Z/Young Millennial Demographic: 30.3% Increase Expected for Age 25-34 from 2023-2028 (within 1/4 mile)
RESIDENT SPACES RIVALING LARGER PROPERTIES
Large Rooftop Deck with Stunning Skyline Views, Water Mister, & Pergola
Rooftop Party Room featuring a Demonstration Kitchen, Fireplace, and Panoramic Views
Grilling Stations
Firepit
24-Hour State-of-the-art Fitness Center
Private Dog Run
Fully Landscaped Park Area
Package Delivery Acceptance
Onsite Dry-Cleaning Service
Full Size Storage Lockers
Elevators
Indoor Parking
Pet Friendly
Mondial was designed and built as a premier luxury condominium project. Today, Mondial is operated as a true boutique luxury rental property.
Authentic condo-quality finishes include enhanced ceiling heights of 9’ 4”, 10’ 6”, and 12’0”, natural hardwood or luxury vinyl plank floors in the living areas of all units, berber carpet in most bedrooms, hard surface countertops with a double-bowl undermount stainless steel sink, top-of-the-line KitchenAid stainless-steel Energy Star appliances including gas range, Italian 42” wood cabinets with premium hardware, in-unit washer/dryers, private balconies, and a high-efficiency, on-demand gas heating and A/C system offering year-round individual temperature control.
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ROBUST RENT PROFILE + STELLAR DEMOGRAPHICS
24% Population Growth Projected for 2nd Most Desirable Demographic, Age 35-44, from 2023-2028 (within 1/4 mile)
Robust Rent Growth: 3.8% (YOY, Q2 2023) + Poised for Future Returns
Average Household Income: $220,095 (within 1/4 mile of Mondial)
Median Home Value: $575,902 (within 1/4 mile)
91% White Collar Workers + Strong White Collar Job Growth: 3.2%
Epic Consumer Spending: $1.4 Billion (within 1 mile) / $6B (within 2 miles) / $14B (within 5 miles)
Rent Wallet Share (26.8%) is Significantly Less Than Home Owning Wallet Share (48.2%)
Distinctive Le Corbusier Architectural Styling — Expressionist Modernism Meets Sculptural Simplicity
Mondial’s Resident Ratings are Remarkable: 5 Stars on Facebook, 4.9 Stars at Apartments.com, and 4.5 Stars at Google
“Walker’s Paradise” (94/100) Rating
Rare Extra Large 1,088 SF Average Unit Size
Floor-to-Ceiling Glass Windows and Doors + Sky-High Ceilings (10’ to 12’)
Extraordinary Discount to Replacement Cost
Unreplicable in Current + Future Market: 15-Story High-Rise with Floating Concrete Balconies and Built-In 6-Story Parking Podium
PROPERTY HIGHLIGHTS
AN IRREPLACEABLE INVESTMENT
Highest Achievable Transit Score: “Excellent”
PROPERTY SUMMary
1,088 SF
141
153,476 SF
0.754 Acres
One High-Rise
15
261 Spaces
Average Unit Size:
Number of Units:
2009
Year Completed:
Total Rentable Area:
Site Size:
Building Type:
Stories:
Parking:
910 W. Huron Street, Chicago, IL 60642
LUXURIOUS INTERIORS
GALLERY
GALLERY
HIGHLIGHTS
OPPORTUNITY
DOCUMENT CENTER
CONTACT
PRIVACY
TERMS OF USE
910 W. Huron Street, Chicago, IL 60642
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 loan brokerage business in Nevada.
© 2023 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 the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
CONTACT Us
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PETE EVANS
INVESTMENT SALES
MORTGAGE BANKING
Senior Managing Director
pete.evans@berkadia.com
847.226.0836
LAURA CATHLINA
Senior Managing Director
laura.cathlina@berkadia.com
312.339.5343
RICHARD EVANS
Senior Director
richard.evans@berkadia.com
773.991.3321
Opportunity
Highlights
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Document Center
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Contact
• Top 3 for Largest Units in Entire River West Submarket @
1,088 SF Average
• Unobstructed Skyline Views: Floor-to-Ceiling Glass Windows
and Doors + Sky-High Ceilings (10’ to 12’)
• 5-Minute Walk to the $1.7 Billion Incoming Bally’s Chicago
Casino, Hotel, and Entertainment Mecca
• Explosive 30.3% Key Demographic Population Growth
Projected for Gen Z to YoungMillennials (Age 25-34) from
2023-2028 (within 1/4 mile of Mondial)
• The Bullseye of Downtown Chicago’s Core Employment
Hubs + 35 Fortune 500 HQ Companies
• Prime Public Transportation Within Steps: Two CTA Blue
Lines (5-minute walk) — Weekly Ridership: Chicago Blue
(88,800) + Grand Blue (31,200)
• Unique Architectural Gem: Striking Le Corbusier-Esque
Style of Sculptural Modernism
• Idyllic Urban Enclave: Tree-Lined Streets Surrounded by
Upscale Residential