Experiential living makes its way to the Chicago suburbs

February 18, 2019
  • After being approved in 2016, the first residents at Lincolnshire’s 444 Social have moved in. This is the first apartment complex built in the retail conglomerate known as CityPark.
  • Mirroring construction usually seen in coworking and co-living spaces downtown, Smash Residential decided to bring the hip, cool vibe out to the suburbs with 444 Social’s 302-units, which range in rental rates of $1,325 to $3,650, studio to three bedrooms respectively.
  • Similar to Wheeling’s Town Center development, CityPark consists of a swath of retail, restaurants, and a movie theater that are steps away from the two apartment complexes.
  • 444 Social’s boutique vibe targets young professionals, aimed at creating an experience for the residents and not just being a building to sleep in; other similar projects include Arlington 425, and the Elmwood Collection in Skokie. 
  • While construction is not complete, given the building’s location and the brand new construction, the building is likely to lease up quickly. 

Source: JLL Research, Crain’s, Daily Herald

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