ENV CHICAGO – CHICAGO, IL
The LYND Development Partners’ first venture into high-rise development, EnV Chicago, was delivered in downtown Chicago in 2010. EnV Chicago instantly became one of the highest grossing for rent buildings in the city, exceeding the market average by over 10%. EnV, located one block off of the Chicago River, in the trendy and energetic River North district, consists of 249 units, 27,000 square feet of retail space, and multi-level structured parking. The LEED Certified building is highly amenitized and includes a rooftop swimming pool and 7th floor outdoor green deck with a fire pit. The residential units feature stainless steel appliances, exposed duct work, solar window shades, bamboo flooring, granite countertops, and tiled backsplashes. The building sits directly adjacent to Chicago’s “L” and possesses a Walk Score of 97/100 and a Transit Score of 100. EnV Chicago won Multifamily Executive’s highly coveted 2011 High-Rise of the Year award and was sold to an institutional investment firm in December 2011.

STATS:
Units: 249
NRSF: 248,543
Completed: 2010
Disposition Date: 2011
IRR: 31%