CHICAGO, IL – HFF announced today that it has been named to market for sale River North Park (above centered photo), a 399-unit, mixed-use property in downtown Chicago’s River North neighborhood.HFF is marketing the property on behalf of the seller, Waterton Associates.
River North Park is located at 320 West Illinois Street in downtown Chicago’s affluent River North neighborhood near the iconic Merchandise Mart, State Street and North Michigan Avenue employers, and Chicago’s central business district.
The 24-story property has studio, one- and two-bedroom units as well as courtyard townhome units in all averaging 694 square feet, 29,982 square feet of ground floor retail and a 216-space enclosed parking garage. Community amenities include a fitness center, indoor pool, sundeck with gas grills, large central courtyard and internet café. The community is well-positioned for future apartment renovations as well as common area upgrades.
The HFF investment sales team representing Waterton Associates is led by executive managing director Matthew Lawton (top right photo) and managing directors Sean Fogarty (middle left photo) and Marty O’Connell (lower right photo)
Waterton Associates, LLC is a Chicago-based investment firm specializing in the ownership and management of multifamily properties. Waterton has participated in the acquisition, disposition and financing of apartment properties located throughout the United States.
Contacts:
MATTHEW D. LAWTON KRISTEN M. MURPHY
HFF Executive Managing Director HFF Associate Director, Marketing
(312) 528-3650 (713) 852-3500
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