1400 Monroe, the 42-unit residential development in Chicago’s West Loop, has officially received its construction permit.
Developer, JK Equities, recently completed the demolition of the existing building and is mobilizing to commence construction of the new 1400 West Monroe. Lakeside Bank is financing the construction loan and the condominium is expected to be delivered by summer 2021.
Construction will be led by Summit Design + Build.
CPricing for 1400 Monroe starts in the $760,000s and ranges up to $2.35 million with sales led by ON Collaborative, with homes ranging in size from 1,242 to 3,139 square feet, offering two, three- and four-bedroom layouts.
For more information, visit http://1400-monroe.com/ or call 312-346-7620. 1400 Monroe’s sales gallery is located at 33 N. Morgan Street.
Led by principals with over 40 years of real estate experience, JK Equities, LLC is a private real estate company that focuses on acquiring, developing and operating real estate throughout the United States. JK Equities, LLC has owned, operated and developed property in more than 15 states and has been active in the Chicago residential development market since 1998 having developed over 1000 residential units. To date its largest development project in Chicago has been Dearborn Tower, a 750,000 SF, 317-unit condominium building, located in the South Loop.
ON Collaborative is a dedicated, full-service national development sales and marketing firm integrated with its Coldwell Banker branded operations. By combining specialized development marketing expertise with global distribution power, ON Collaborative creates custom, data-driven campaigns for the developers it serves. With curated on-site sales teams dedicated to each project, ON Collaborative serves as an extension of the developer. ON Collaborative is part of NRT LLC, the nation’s largest residential real estate brokerage company.
