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IllinoisMultifamilyRetail

Construction tops out at 741 North Wells, a 21-story mixed-use tower in River North

February 15, 2023
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Developer VISTA Property and its GC, Skender, recently reached the final height at 741 N Wells Street, a new mixed-use multifamily rental building in Chicago’s River North neighborhood. Designed by Antunovich Associates, the 21-story, 201,000-square-foot development will include 168 apartment units, communal tenant amenities and an elegant building lobby. Located prominently at the corner of Chicago Avenue and Wells Street, 741 N Wells is one of the latest new developments going up in River North.

The multifamily building will include 50 studios, 101 one-bedrooms and 17 two-bedrooms, as well as a rooftop terrace with pool, meeting facilities, exercise area, bicycle storage and parking for roughly 50 vehicles. The building will include expansive floor-to-ceiling windows on all facades, along with exceptional nine-foot ceiling heights offering unique views for all residents.

VISTA Property financed the project with a first mortgage loan from Huntington Bank, and has also engaged Luxury Living Chicago Realty, Downtown Chicago’s premier marketing, consulting and residential leasing brokerage firm.

The project team consists of: VISTA Property, Skender, Antunovich Associates and Luxury Living Chicago Realty.  

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