29th Street Capital Acquires Wooded Isle Apartments in Hyde Park, IL; Community is Firm’s 6th Chicago-Area Acquisition

Wooded Isle Apartments, Hyde Park, IL

Dan Howard

Chicago, IL – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Wooded Isle Apartments – its sixth property in the greater Chicago area. 

The 75-unit multifamily community, located eight miles south of downtown Chicago in Hyde Park, features studios, one- and two-bedroom units.

29SC has allocated approximately $1 million for capital improvements. Interior upgrades will include granite countertops and stainless steel appliances as well as improved flooring, cabinetry and hardware. Exterior renovations will focus on roof repairs, lighting, fresh paint, signage, landscaping and community-wide WiFi.

“We are confident in the strength of the Chicago market and are excited to have found a value-add opportunity at such a great location,” said Dan Howard, 29th Street Capital’s Vice President of Acquisitions in Chicagoland. “Wooded Isle is well-located relative to many daily conveniences, transportation options and employment opportunities.”

For more information on this news release, please contact:

Terri Thornton
Partner, Thornton Communications

Phone: 404-932-4347
Email: Terri@TerriThornton.com
Website: www.TerriThornton.com