The Laramar Group completed the acquisition of Eleven Thirty, a 656-unit high-rise apartment community at 1130 S. Michigan Ave. in Chicago.
Originally constructed in 1967, Eleven Thirty is an iconic 43-story concrete and steel building located along Chicago’s Michigan Avenue and provides premium amenities and sweeping, unobstructed views of Grant Park and Lake Michigan. The property is in a prime South Loop location and is steps away from the Museum Campus, Millennium Park, Lakefront Trail and the new $750 million, 22,000-seat Chicago Fire Stadium.
Eleven Thirty features standout amenities including a 75-foot pool with outdoor cabanas, grills and a fire pit lounge, a 24-hour concierge, a fitness center and yoga studio, conference rooms, an outdoor dog park, a dedicated parking garage and 12,053 square feet of fully leased, ground-floor retail. The community offers studio, one and two-bedroom units that include a variety of upscale finishes such as granite or quartz countertops, stainless steel appliances and custom cabinetry. Planned improvements will include expanding and updating the exercise facility and gym; adding remote working office stations and new entertainment space; and enhancing the common areas and lobby.
The development is within a 15-minute walk of 100+ million square feet of CBD office space and has a CTA station with three train lines and six bus routes at the front door. It receives a 96 Walk Score, 100 Transit Score and 93 Bike Score, creating an unmatched live-work-play environment for residents.
