59-unit historic apartment building delivers style, value to South Loop
CHICAGO, July 24, 2013 /PRNewswire/ — Luxury Living Chicago Realty announced it has begun pre-leasing at Vesta Lofts, a 59-unit apartment building located at 125 East 21st Street in Chicago. Vesta Lofts is a historic revitalization development by JK Equities.
(Photo: http://photos.prnewswire.com/prnh/20130724/PH51767-a)
(Photo: http://photos.prnewswire.com/prnh/20130724/PH51767-b)
Built in 1913, and originally home to the Vesta Accumulator Company, the building was recently named to the National Register of Historic Places.
"There have been thousands of new apartments delivered in the last year, but the vast majority are larger luxury developments with a focus on high-end amenities. The focus with Vesta Lofts was on the living space inside the apartments, delivering high-end comfort while retaining the building's historical character," said Aaron Galvin, owner and managing broker of Luxury Living Chicago Realty, the exclusive leasing brokerage for Vesta Lofts.
Galvin added, "At 59 units, this is an intimate building full of character, charm and history. And the value can't be beat. Loft-style living is in hot demand and low supply. This is the only new true luxury loft apartment building in downtown Chicago."
Located three blocks from the Lakefront, two blocks west of McCormick Place and one block from the proposed site of the DePaul arena development, Vesta Lofts is at the epicenter of growth in Chicago's Motor Row Historic District in Chicago's South Loop neighborhood. It is also conveniently located near the city's finest public spaces, including Grant Park, Soldier Field, the Shedd Aquarium and Field Museum. With easy access to public transportation, interstates 90 and 290, dozens of restaurants and major retail, this South Loop location is ideal for renters looking to enjoy all that Chicago offers.
One-bedroom, one-bath apartments range from $1,400 to $1,700 for 671 to 796 square feet. Two-bedroom, two-bath units are priced from $2,000 to $2,500 for 987 to 1,175 square feet. There are also a few studios and a unique three-bedroom apartment available for rent.
Each apartment includes a washer/dryer and oversized closets, with kitchens featuring stone countertops with preparation islands and stainless steel appliances. Building amenities include a rooftop deck with views of the lake and skyline, high-speed Internet, a residents-only fitness room, and bike storage.
All of the apartments at Vesta Lofts boast 14' to 17' ceilings, exposed timber posts and beams and oversized windows. All units feature original exposed brick.
More than 7,700 square feet of retail will be located on the first floor, and there is surface parking for 62 vehicles just south of the building. Parking is an additional $125 per month per spot.
"Vesta Lofts' incredible style, value and location make it an exceptional opportunity. And with just 59 units, renters are encouraged to act fast while units are available," said Galvin.
Two professionally designed models are available for viewing at the Vesta Lofts leasing center, located at 125 East 21st Street in Chicago. Occupancy is slated for late summer. For more information, or to schedule a showing, call 312.548.1395, email Email, or visit the website at vestalofts.com and Facebook page at facebook.com/VestaLofts.
About Luxury Living Chicago Realty
Luxury Living Chicago Realty is a boutique, luxury brokerage with a focus on residential rentals. Luxury Living Chicago provides clients with an unparalleled level of service, market knowledge, and access. Since 2003, Luxury Living Chicago Realty's founder and managing broker, Aaron Galvin, has rented more than 2,500 apartments and condos with revenue exceeding $35 million. In March 2013, the Chicago Association of Realtors ranked him No. 1 Producer Overall in Rental Revenue for 2012 and ranked him among the top 1 percent of all residential rental brokers in Chicagoland. Luxury Living Chicago's website and its blog, the Luxury Chicago Apartment Update, average 10,000 hits each month from renters and lessors seeking in-depth analysis of what's driving luxury rental decisions and the Chicago rental market. For more information, visit http://www.luxurychicagoapartments.com.
| Editors: | For more information or to schedule an interview, contact Julie Liedtke at Email or (312) 267-4521. |
| Photos: | Luxury Living Chicago Realty has begun pre-leasing at Vesta Lofts, a 59-unit apartment loft residence in Chicago's South Loop. Photography by Rick Knoell. |
| Contact: | Julie Liedtke, Email, 312-267-4521 |
| Kim Manning, Email, 312-267-4527 |