2016 New Chicago Luxury Apartments: A Comprehensive Overview
The post-recession downtown Chicago apartment boom is in full swing as evidenced by significant rent growth, fully occupied buildings, and continuous announcements about new, taller, more impressive apartment buildings planned in Chicago. And while there is some concern, we may be overbuilding in the years to come, 2016 promises to be an incredibly exciting opportunity for those seeking a luxury apartment.
While finish level and amenities have continued to improve each year, 2016 will see an even higher level of luxury with an emphasis on the resident experience. Large pool decks, lounges, and fitness centers will be augmented by 24-hour room service, personalized on-site concierge, and in-unit package delivery. This level of luxury is typically reserved for the most upscale hotels, but it is coming to be expected in the newest luxury Chicago apartments.
Additionally, Chicago neighborhoods such as Logan Square, Wicker Park, and West Town will welcome new residents in luxury apartment buildings never before available in these neighborhoods. Neighborhood luxury rentals have been planned for many years and will offer renters more options outside of the downtown core. This combination of tremendous job growth in the technology, sales and marketing industries and an enhanced luxury experience coupled with new neighborhood offerings creates a recipe for great success in 2016.
For detailed information about these 21 new apartment buildings and 3400+ new units coming to market in 2016, download our comprehensive summary and learn about each property’s unit mix, amenities, and pricing. Get the guide by following the link below.
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