Common, in partnership with Chicago co-living pioneers, City Pads, announced the opening of its new 223-bed flagship property in Chicago, Common Addams. Located at 1401-1431 W. 15th Street, Common Addams is the company’s largest multifamily property under management in Chicago and its fourth with City Pads.
Common Addams offers an all-inclusive residential option for the often-underserved workforce in the Illinois Medical District. Leases within the property’s 59 apartments start at under $900 per month.
“Now more than ever, Chicago residents need affordability and reliability in the places they call home. As the world changes, Common is committed to continuing to meet the needs of renters, and the beautiful apartments and thoughtful amenities in Common Addams do just that,” said Common founder and CEO, Brad Hargreaves. “We’re so lucky to have found such a complimentary partner as City Pads to bring Common Addams to life and increase the housing stock for a neighborhood that truly needs it—the Illinois Medical District.”
Common Addams tops out at four stories, 59 suites and 223 beds, with over 4,000 square feet of amenity spaces and on-site parking garage. This includes 300 square feet of furnished lounge space on each floor, a fully equipped gym, meditation room and remote workspaces.
Common Addams also features a fully furnished roof deck with couches, tables, lounge chairs, grills and 360-degree city views. Typical of Common properties, Common Addams’ rent includes all utilities, high-speed Wi-Fi, furniture, weekly cleanings, shared supplies, free laundry and pre-stocked household essentials. Residents will also get access to Connect by Common, Common’s proprietary technology that makes payments, roommate communication and virtual events easily available online.
“We are proud to see Common Addams open its doors and deliver on our promise to provide Chicago with its first large-scale co-living development,” said Andy Ahitow, founder of City Pads. “Bringing new housing to a city in desperate need of alternative and accessible residential options is core to our mission, and I love seeing Chicago’s medical community benefit from this living experience.”
Common opened its first Chicago home in 2017 its current Chicago portfolio includes Common Simonds, Common Maplewood and Common Racine, also in partnership with City Pads, as well as Common Briar and Common Damen. Common is offering virtual tours of Common Addams and all of its properties across the country.