Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Best of the Best
  • Media & Marketing
IllinoisMultifamily

Peak Properties takes on management assignment for 23-unit apartment property in Chicago’s Old Town neighborhood

November 26, 2025
Share on Facebook Share on Twitter Share on LinkedIn Share via email
Photo courtesy of Peak Properties.

Peak Properties announced its newest management assignment at 1553 N. Wells Street, a boutique luxury community in the Old Town neighborhood of Chicago.

The property features 23 upscale apartments and one ground-floor commercial space, currently home to Philz Coffee.

Located in the perfect Old Town location, the building places residents steps from everything the neighborhood is known and loved for—iconic dining, vibrant entertainment, charming local shops, and beloved cultural destinations. With Second City, Foxtrot, Kamehachi, Corcoran’s, and Zanie’s within one block, residents can experience the full Old Town lifestyle just outside their front door. Everyday conveniences are also within easy reach, with ALDI and Jewel-Osco in the neighborhood, as well as a short walk to Lincoln Park and the Chicago History Museum for peaceful outdoor escapes.

While multiple CTA bus routes and the Sedgwick and Clark/Division L stations are within walking distance, the property’s true advantage lies in its walkability and immediate proximity to Old Town’s offerings.

The building features red-brick exteriors, large windows, stainless steel appliances, quartz countertops, custom dual-tone kitchen cabinets, designer tile backsplash, in-unit laundry, individual HVAC, and private balconies. Community amenities include a dog run, elevator, and garage parking.

Tags
multifamilyPeak Properties
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
TexasRetail

Marcus & Millichap brokers sale of net-leased bank in Dallas

September 4, 2026
MidwestOhioRetail

CBRE closes sale of Sheetz convenience store in Gahanna

September 4, 2026
MidwestWisconsinMultifamily

Greysteel closes $18.1 million sale of 142-unit apartment property in Cudahy

September 4, 2026
IllinoisIndustrial

Stream Realty Partners takes on leasing assignment for 11-property industrial portfolio across Chicago’s O’Hare submarket

September 4, 2026

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Terms and Conditions
  • Contact
© 2026 REjournals.com