CHICAGO (December 1, 2017) — TAWANI Property Development, a full-service commercial and residential real estate company of TAWANI Enterprises, today announced that it has fully enclosed the outside at 111 West Chestnut Street in Chicago’s prestigious Gold Coast area. TAWANI Property Management is partnering with general contractor Berglund Construction Company and architecture firm Booth Hansen on the multimillion million-dollar development that will transform the vacant lot on West Chestnut Street and North Clark Street into seven luxurious single-family row homes.
The new Chestnut Row rental homes will include fully furnished kitchens, security systems, personal elevators, and private balconies off of the third floor. Each unit will include four spacious levels of more than 4,300 square feet of living space. The property will also feature 14 indoor parking spots, and a shared outdoor space with lush landscaping, seating areas and fire pits. Other amenities include gracious bay windows, elegant limestone façade, traditional cornices and decorative railings, timeless finishes and custom detailing. Prices range from $13,500 to $15,000 per month.
“Renting a luxury home is a great way to get a feel for a new city, fulfill a short-term need and enjoy being mortgage-free,” said Kimberlee Carr, director of property management and managing broker for TAWANI Enterprises. “Much of the City’s new construction is happening in the Gold Coast, making it an ideal location to live, work and play. Plus, when you rent, you avoid the costly updates and yard work that goes along with owning a home.”
Chestnut Row Homes is also walking distance from popular Chicago destinations, restaurant and shopping district. Renters can also enjoy convenient access to all major transformation modes.
“Transforming this popular corner in Chicago’s Gold Coast optimizes the functionality of this space, strengthens the area and breathes new life into one of the City’s oldest areas,” said Carr. “There are a lot of condominiums and historic single-family homes in the Gold Coast but not a lot of rental properties. These row homes are not only unique in their attention to detail and 19th-century style, but bring more high-quality rental housing to the area.”
About TAWANI Enterprises
TAWANI Enterprises, headquartered in Chicago, is an investment group specializing in the development, investment, management and preservation of real estate properties in the Chicago area. The company represents a diversified portfolio of iconic brands, such as Stone Heritage Properties, a luxury collection of historical Bed & Breakfast properties and unique event spaces, the Pritzker Military Museum & Library, the TAWANI Foundation and the Pritzker Military Foundation. Properties under the Stone Heritage Collection, the leading luxury hospitality arm of TAWANI Enterprises, include Stone Terrace, Stone Porch by the Lake, Lang House, The Emil Bach House and The Lincoln Way Inn. For more information, visit http://www.tawanienterprises.com.