Less than 60 days after welcoming its first residents, The Scott Residences, a new luxury rental midrise in Chicago’s Old Town neighborhood, is more than 50 percent leased. Onsite management and leasing for The Scott is overseen by Chicago-based RMK Management Corp.
Located at the corner of North Wells and West Scott streets, one block north of Division St., The Scott has 71 units, including convertible, one-bedroom, two-bedroom and three-bedroom floor plans, ranging in size from 580 to 1,720 square feet. Each apartment home features custom kitchen cabinetry, granite countertops, glass-tile kitchen backsplash, GE Artistry™ kitchen appliances, nine-foot ceilings, plank flooring throughout, and a full-size washer and dryer. Select units also have a balcony or terrace, and some have a built-in tech niche, per plan. Parking is available for an additional fee. Rents start at $1,900 a month for a convertible unit.
“There has been a lot of news surrounding the downtown luxury high-rise apartment boom in Chicago, but the fast pace of leasing at The Scott shows there is strong demand for new luxury rentals in other desirable neighborhoods, too,” said Anthony Rossi, Sr., president of RMK Management Corp. “The Old Town neighborhood has long been a sought-after place to live for a variety of people because of its picturesque streets, historic architecture, plentiful parks, wide variety of dining and retail, proximity to the lakefront and easy access to downtown. And because of The Scott’s range of floor plans, the building, too, is attractive to a variety of renters.”
In addition to its spacious floor plans, The Scott offers amenities such as a resident club lounge with a fully equipped kitchen; fitness center; billiards parlor; rooftop deck with grills and a fire pit; private dog run; bike storage; valet dry cleaning service; onsite management and concierge; storage lockers; and street-level retail including a Starbucks and Massage Envy. The Scott Residences is a smoke-free building.
“Residents appreciate that The Scott offers the same luxury amenities associated with downtown high rises, yet in a more intimate boutique building,” noted Rossi. “Plus, the floor plans are a bit larger than what renters will find downtown.”