• Historic brick building in River North Chicago. The building has a steeple roof and steps with awning leading to the entry way.

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  • Digital rendering of a new construction build next to smaller historic buildings.

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Four contiguous Gold Coast parcels acquired at distressed value (less than 1/4 of 2018 price); ground up plans incorporate existing historical building and facade steps from Mag Mile.

East Superior

mag mile historic refresh & ground up

DATE PURCHASED: DECEMBER 2025

PURCHASE PRICE: 4.4M

TOTAL PROJECT BUDGET: 16.77M

UNITS: 36 + 6000SF RETAIL

DEAL LEVEL RETURN: 27% IRR + 2.5 EQM