2101 S Michigan

• 26 story, 250 unit residential tower with 90 (36%) units of project-based Section 8, 93 units with enhanced vouchers and 67 market-rate units.
• Property is 97% occupied, with at least 2 of the vacant units already leased and consists of 25 studios, 125 one-bedrooms, 75 two-bedrooms, and 25 three-bedrooms.
• Accompanied by 156 income generating parking spaces
• Located in Chicago’s South Loop, within walking distance of Lakefront and McCormick Center.
• Renovations were recently completed on a state-of-the-art fitness center and luxurious resident lounge.
• During our ownership, major renovations including select in-unit improvements, hallways, lobby, fitness center, and landscaping have been completed.
• This is a JV partnership between Jonathan Rose Companies and Ansonia Properties.  The project is managed by Ansonia’s affiliated management company Ansonia Property Management.
• Living the Language currently occupies a portion of the retail space.  
• Walk score of 89; short walk to the Green Line at the Cermak-McCormick Place stop and surrounded by parks, grocery stores, and restaurants.  Significant investment is planned in the surrounding neighborhood.