RPM Living has been selected as the new property manager for The Clark, a luxury residential community in Chicago’s Gold Coast neighborhood. The new assignment marks another significant addition to RPM’s growing Chicago-area portfolio, which now includes more than 2,700 units across 13 properties.
This strategic expansion continues RPM Living’s upward trajectory in one of the country’s most competitive multifamily markets. Among its other notable Chicago-area assets are Upshore Chapter in Uptown, The Residences at Payton Place in Arlington Heights, Element at Veridian in Schaumburg and The Residences at Sawmill Station in Morton Grove. With some 4,600 associates and more than 218,000 units under management across 31 states, RPM Living is the country’s fourth-largest multifamily property manager according to the National Multifamily Housing Council.
Located at the southeast corner of Clark and Division streets, The Clark is ideally situated just steps from the Magnificent Mile, Oak Street Beach, North Avenue Beach and Lincoln Park. The nine-story building features 98 studio, one-, and two-bedroom units and a host of top-of-the-market amenities including a 24-hour doorman, an on-site concierge, a private rooftop terrace with grilling stations, a state-of-the-art fitness center and yoga studio, and a business center ideal for work-from-home days. Monthly rents range from $1,825 to $3,150 per month. Lincoln Property Company serves as asset manager for the property.
