Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2019
Building Area Net
Number of units 500

Property description

Jones Lang LaSalle Americas (Illinois), L.P. (“JLL”) is pleased to present The Paragon, an unparalleled 500-home ultra-luxury high-rise apartment building in Chicago’s sought-after South Loop. Setting the bar for the highest standards of apartment living, The Paragon oozes with elegance and offers residents best-in-class amenities and top tier home finishes and features. The Paragon has a famous Michigan Avenue address, and is situated in the vibrant and ever-evolving South Loop neighborhood with access to major employers, popular retail and entertainment, Chicago’s Grant and Millennium Parks, the “Cultural Mile”, Soldier Field, and Lake Michigan’s beaches and 18-mile trail.

Investment highlights

Redefining Luxury Living

  • Award-winning architecture, with magnificent interior design and attention to every detail
  • Floor-to-ceiling windows with sweeping views 
  • Best-in-class amenity offerings
  • Trophy Class A, newly built high-rise 
  • On-site amenity retail
  • Views of Chicago skyline and Lake Michigan
  • LEED Silver ​​​​​​​Certification 

In the Middle of it All

  • Walk-to-everything location
  • Excellent transportation options 
  • Steps to The Loop and Chicago’s top employers
  • Proximity to an abundance of dining, grocery, and entertainment options nearby

Exceptional Property Performance 

  • Strong 23% trade-outs YTD
  • Stellar Occupancy 
  • Last 25 leases show a strong premium over in-place effective rents

​​​​​​​Coveted Real Estate

  • Famous Michigan Avenue address
  • Steps from 18-mile lakefront trail
  • Path of growth location just minutes from The 78 and Bronzeville Lakefront Megadevelopments 
  • Short walk to the "Cultural Mile", showcasing some of the contry's best museums
  • Perfectly situated near Chicago’s renowned Grant and Millennium Parks


Last Updated Date: 08 Sep 2022

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Last Updated Date: 08 Sep 2022

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