River North Park

Jones Lang LaSalle (“JLL”) is pleased to present River North Park (the “Property”), a

stunning 400-home, high rise apartment building located in Chicago’s renowned

River North neighborhood. The property is located just minutes from Chicago’s top

employers, world-class retail at Magnificent Mile, and premier entertainment venues.

Current ownership has spent $13.4 M in capital expenditures updating the property

to provide a full package of outstanding apartment finishes and luxurious amenities.

Irreplaceable Property

• $4.2 M in CapEx Spent on Renovations and $5.4 M in CapEx Spent on Community Amenities
• Rare Direct Access Townhomes (20 units)
• 100% Market Rate Units
• Available Below Replacement Cost
• High barriers to entry submarket

Significant Value Add Upside

• 57% of Units to be Renovated
• Rent Value Option Surrounded by More Expensive Competition

Premier Location

• Located in renowned River North
• Convenient access to top employers
• Abundant dining and nightlife galore

Strong Area Demographics

• 76% Population Growth in River North Since 2000
• 85% Bachelor’s Degree or Higher in River North
• Avg. HHI is $159k in River North
• Median Age is 35 in River North