420 E. Ohio

Location: Chicago, IL
Type: Apartments
Square Footage: 259,000
Owner: Green Cities III, L.P.
    • 263 residential apartment units providing a mix of studio to three-bedroom floorplans
    • Since 1991, the property has undergone significant systematic and cosmetic enhancements, such as unit and common area upgrades and the addition of new amenity spaces
    • Gerding Edlen’s value-add strategy included an extensive renovation of the remaining non-renovated units, the lobby, fitness center and indoor tenant lounge
    • Unit upgrades completed by Gerding Edlen included new, vinyl wood plank flooring, Energy Star-rated appliance, quartz countertops and backsplashes and updated bathroom vanities
    • Building amenities include a business center, fitness center with recently added yoga studio, a resident lounge, an indoor pool with skylights and two outdoor sun decks with lounge seating, fire pits, private cabanas
    • New sustainable operations practices such as a green cleaning program, recycling program, quarterly sustainability events and organized volunteer and charitable events
    • Expansive views of Lake Michigan and the Chicago skyline
    • Gateway to Navy Pier and only a few blocks from the Ohio Street Beach and Museum of Contemporary Art
    • Northwest Memorial Hospital campus, “Magnificent Mile” and 18-mile lakefront walking/biking path all within walking distance
    • Transit-rich location served by the “El” Red Line and several nearby Divvy bike stations
    • 145 car parking stalls with a ZipCar located on-site and an indoor bike parking room