Fund II

Lux 24

Chicago,

IL

Total Required Equity
$5,570,000
Asset type
Multifamily
Investment Objective
Growth
Realized IRR
58%
Hold Period
5 Years
Investment Date
6/5/2013

Investment Summary

Lux24 was a 67-unit, 12-story concrete and steel mid-rise multifamily project located in the West Loop submarket of Downtown Chicago. The property contained 4,232 square feet of ground floor retail space and a two-story, 80-stall parking garage. Lux24 was originally constructed in 2008 as a for-sale condominium project. Common areas were upgraded and exterior repairs were complete.

Explore our open investment opportunities.