One-bedrooms will start at just over $1,500 per month and 2-bedroom, 2-bath units at around $2,000 a month. Heat, air-conditioning and gas are included in the rent.
Renters who execute an option to purchase by the end of their 12-month lease will have up to 30% of their rent, not to exceed 3% of their purchase price, credited toward closing costs.
“It’s a great opportunity for people who just need a little more time to save, or fix their credit, or just see if they like living in the Loop,” noted CMK Realty’s January Sambell.
235 Van Buren is positioned as a low-amenity building to keep costs low for owners and renters who don’t value the common-area amenities, or would prefer to join one of the full-service health clubs within a few blocks. That strategy enables renters to move into a 2-bedroom, 2-bath unit for less than renting a 1-bedroom in some high-amenity Loop buildings.
235 Van Buren doesn’t skimp, however, on building services or in-unit amenities. Residents enjoy 24-hour door staff, on-site management, multiple bicycle storage rooms, I-GO car service, secured-entry parking and a new convenience store (video above), the second location of the popular South Loop Market. The new Wacker Gateway Park adjacent to the building is nearing completion.
The units have high-style finishes, in-unit washers and dryers, office nooks, private balconies, 10-foot ceilings and expansive views.
235 Van Buren provides residents a walk-to-work location, and extremely convenient access to Chicago’s public transit and expressway grids.