808 N Cleveland, Chicago, IL
The 808 Cleveland is a 200-unit + 28,000 sq ft commercial mixed-use development project located on the north side of Chicago Avenue between Cleveland Avenue and Cambridge Avenue in the heart of the River North neighborhood of Chicago. The River North submarket is one of the most stable and high-income areas in Chicago. Of the 200 rental units, 172 are traditional studios, 1-bedroom and 2-bedroom + den units, while 28 are 4-bedroom, 3-bathroom units to be rented by the bedroom. Coliving offers renters the opportunity to live in the highly desired River North submarket, in a class-A luxury, fully amenitized building at a more affordable price point.
The $105 million development broke ground in October 2021.
Total project equity provided by DAC and its equity partners
Construction loan provided by Greystone Servicing Co
Month construction schedule
Pappageorge Haymes Partners
Bayview USA Holdings
JV Equity Partner
The 8o8 808 N Cleveland Ave, Chicago, IL 60618