1400 Monroe, JK Equities’ 42-unit boutique condominium in Chicago’s West Loop, has officially topped out.
The developer started construction over the summer and the project is expected to be delivered by summer/fall 2021. Construction is being led by Summit Design + Build.
Sales led by WOLF Development Strategies have been steady, with the project reaching 60% sold. 1400 Monroe offers two, three- and four-bedroom layouts, with the last four-bedroom penthouse currently on the market for $2.495 million.
When the upcoming groundbreaking was announced a year ago, Jerry Karlik, principal of JK Equities, said, “This project provides future residents with a well-designed home on the park, in one of the most coveted public-school districts in Downtown Chicago, at a competitive price point.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).