Posted Apr 13, 2023, 11:36 AM
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Join Date: Sep 2002
Location: Chicago
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https://www.chicagobusiness.com/commerci...ouse-apartments-unveiled-related-midwest
April 13, 2023 05:31 AM 51 MINUTES AGO
What $23,000 a month gets you in Fulton Market
ALBY GALLUN
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Want to live in one of the highest apartments in the Fulton Market District? It’ll cost you as much $23,275 a month.
That’s what Chicago developer Related Midwest is asking for the most expensive penthouse unit in the Row Fulton Market, a 294-unit luxury rental tower slated to open in June in the up-and-coming neighborhood. At 43 stories, it’s the tallest building in Fulton Market, which has exploded with apartment, office and hotel projects over the past decade.
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The high-rise at 164 N. Peoria St. includes six penthouse apartments on its 42nd and 43rd floors that include 12-foot ceilings, large outdoor terraces and sweeping views of the Chicago skyline. With rents ranging from $14,395 to $23,275 a month, they’re not for the hoi polloi, but Related Midwest has already leased one of the penthouses and received an application for another...
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Related Midwest signed 50 leases in the first month. The developer has also received more than 2,000 applications for 60 low-cost apartments in the building
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Rents for non-penthouse units will range from $2,585 per month for a studio to $9,735 for a three-bedroom unit, according to real estate data provider CoStar Group. Rents will exceed $4.00 per square foot
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