633 S LaSalle St (South Loop, Chicago)

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This $85 innovative traditional multifamily and co-living/student housing project in the heart of the South Loop is an entirely as-of-right 175,000 sq. ft., 17-story development with 358-beds/units and two-stories of amenities encompassing ~15,000 SF.

Rents will start at $1,650, making it one of the most affordable market-rate new-built housing options in all of Chicago.

  • Asset Class: Multifamily Development

  • Size: 175,000 SF

  • Development Budget: $85,000,000

  • Proforma Yield: 6.25%

  • Submarket: South Loop (Chicago, IL)

  • Zoning: As-Of-Right

  • Architect: FitzGerald Associates Architects

  • General Contractor: Clark Construction

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