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IllinoisMultifamily

RMK Management Corp. awarded property management of South Loop luxury apartments

October 6, 2020
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RMK Management Corp. has been selected to oversee property management for Wells Place Luxury Apartments, an 84-unit boutique luxury apartment building that was completed in 2017. Located at 837 and 839 S. Wells Street in Chicago’s South Loop neighborhood, Wells Place is owned by Cresset Partners.

“We are excited to bring Wells Place Luxury Apartments into the RMK portfolio of properties, especially our growing South Loop collection of buildings,” said Anthony Rossi Sr., chairman of Chicago-based RMK Management. “As we have learned from our experience in leasing boutique buildings, renters are drawn to these properties because they offer something unique, so the buildings deservedly require a special level of management.”

Located in Chicago’s growing South Loop neighborhood, Wells Place sits one block east of the South Branch of the Chicago River and within walking distance of the Loop and numerous retail, restaurant and entertainment options. Housed within a four-story red brick building, Wells Place offers one- and two-bedroom residences ranging from 782 to 1,170 square feet. All rentals feature condominium-quality luxury finishes, such as 10-foot ceilings, views of the city skyline, chef’s kitchens, spacious bathrooms and in-unit washers and dryers. In addition, each floor plan boasts private balcony space accessible from the open concept living and dining area.

“With its high-caliber resident services and intimate ambiance due to a low unit count, Wells Place offers a boutique luxury lifestyle in the bustling South Loop area,” said Rossi. “A rare find, the property sets a high bar for urban living with sophisticated interior finishes, top-of-the-line appliances and sought-after private balconies in every residence.”

The building’s flagship amenity is a sprawling rooftop patio that includes dozens of private outdoor areas with lounge seating and grilling stations that are ideal for socially distant, intimate gatherings. Additional amenities include a ground-level fitness center with Peloton bikes, strength and cardio equipment; bike storage; one-to-one parking within the building’s heated garage; 24-hour maintenance and secured entry.

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ChicagoCresset PartnersRMK Management Corp.south loop
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