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This Week’s Chicago Deal Sheet

Suburban multifamily transit-oriented developments continue to be popular with developers. The newest one to open is 1620 Central, a four-story, 47-unit building in Evanston that is already 40% leased. Real Capital Solutions developed the project and RMK Management is managing the property, which is near Evanston’s Central Avenue shopping district, the Central Avenue Metra station […]

Luxury rentals haven’t replaced affordable housing here

Despite oft-repeated claims, new high-end rental developments in Evanston haven’t destroyed affordable housing. In fact, they generally haven’t destroyed any housing at all. Here’s a rundown, with pictures, of what used to exist on the sites of major apartment developments constructed this decade in Evanston.  

New incentives announced for 1620 residents!

We are pleased to announce the following incentives for residents of 1620 Central: Metra or CTA pass valued at $150 per month (one pass per apartment, available until Spring 2018) Membership for Divvy Bike sharing service valued at $99 per year (one pass per apartment, available until Spring 2020). Two electric vehicle charging stations in on-site […]

New Evanston apartments will offer residents one year of free transit.

RMK Management Corp. has been selected to oversee all aspects of leasing and property management for 1620 Central, a 47-unit new-construction luxury rental building in Evanston, Ill. The four-story building with below-grade parking– developed by TJM Development, Inc.–is currently under construction with on-site pre-leasing to begin in fall 2016. Real Capital Solutions, Inc. and First National […]