Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Attributes

Year Built 2019
Building Area Net
Number of units 500

Property Description

Jones Lang LaSalle (“JLL”) is pleased to present The Paragon, an unparalleled 500-home ultra-luxury high-rise apartment building in Chicago’s sought after South Loop. Setting the bar for the highest standards of apartment living, The Paragon oozes with elegance and offers residents best-in-class amenities and top tier home finishes and features. The Paragon has a famous Michigan Avenue address, and is situated in the vibrant and ever-evolving South Loop neighborhood with access to major employers, popular retail and entertainment, Chicago’s Grant and Millennium Parks, the “Cultural Mile”, Soldier Field, and Lake Michigan’s beaches and 18-mile trail.

Investment Highlights

Redefining Luxury Living

  • Award-winning architecture with magnificent interior design and attention to every detail
  • Floor-to-ceiling windows with sweeping views
  • Best-in-class amenity offerings
  • Trophy Class A, newly built high-rise
  • On-site amenity retail
  • Views of Chicago skyline and Lake Michigan
  • LEED Silver Certification

In the Middle of it All

  • Walk-to-everything location
  • Excellent transportation options
  • Steps to The Loop and Chicago’s top employers
  • Proximity to an abundance of dining, grocery, and entertainment options nearby

Sought-After Renters-by-Choice

  • Exceptional area and resident demographics
  • High average resident household income of ~226K
  • Resident average age is 29, representing a strong workforce base within prime earning years

Coveted Real Estate

  • Famous Michigan Avenue address
  • Steps from 18-mile lakefront trail
  • Path of growth location just minutes from The 78 and Bronzeville Lakefront Megadevelopments
  • Short walk to the “Cultural Mile”, showcasing some of the country’s best museums
  • Perfectly situated near Chicago’s renowned Grant and Millennium Parks
Last Updated Date: 30 Sep 2021
Mark Stern
Mark Stern
Managing Director, Capital Markets
Kevin Girard
Kevin Girard
Senior Director, Capital Markets
License details
IL-475.17469

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Last Updated Date: 30 Sep 2021

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