RMK Management Corp., one of the Chicago area’s largest market-rate apartment management firms, announced it has been selected to oversee property management for Wells Place Luxury Apartments, an 84-unit boutique luxury apartment building that was completed in 2017. Located at 837 and 839 S. Wells St. in Chicago’s South Loop neighborhood, Wells Place is owned by Cresset Partners.
“We are excited to bring Wells Place Luxury Apartments into the RMK portfolio of properties, especially our growing South Loop collection of buildings,” said Anthony Rossi Sr., chairman of Chicago-based RMK Management. “As we have learned from our experience in leasing boutique buildings, renters are drawn to these properties because they offer something unique, so the buildings deservedly require a special level of management. Our ability to understand that, along with our knowledge of managing other properties in the area, definitely led to a shorter learning curve for our team and let us quickly engage with staff and residents to seamlessly transition building management and deliver the superb customer service our residents expect.”
Located in Chicago’s growing South Loop neighborhood, Wells Place sits one block east of the South Branch of the Chicago River and within walking distance of the Loop and numerous retail, restaurant and entertainment options. Housed within a four-story red brick building, Wells Place offers one- and two-bedroom residences ranging from 782 to 1,170 square feet. All rentals feature condominium-quality luxury finishes, such as 10-foot ceilings; views of the city skyline; chef’s kitchens with designer cabinetry, granite countertops, tile backsplash, island with bar seating and stainless steel appliances; spacious bathroom vanities and walk-in showers; bamboo hardwood flooring throughout; walk-in closets; and in-unit washers and dryers. In addition, each floor plan boasts private balcony space accessible from the open concept living and dining area.
“With its high-caliber resident services and intimate ambiance due to a low unit count, Wells Place offers a boutique luxury lifestyle in the bustling South Loop area,” said Rossi. “A rare find, the property sets a high bar for urban living with sophisticated interior finishes, top-of-the-line appliances and sought-after private balconies in every residence.”
The building’s flagship amenity is a sprawling rooftop patio that includes dozens of private outdoor areas with lounge seating and grilling stations that are ideal for socially-distant, intimate gatherings. Additional amenities include a ground-level fitness center with Peloton bikes, strength and cardio equipment; bike storage; one-to-one parking within the building’s heated garage; 24-hour maintenance; and secured entry.
Rents rates range from $2,115 to $2,750 for one-bedroom units and $2,550 to $3,289 for two-bedroom units. For more information, visit www.wellsplaceliving.com.
About RMK Management:
Chicago-based RMK Management Corp. manages over 6,300 apartment homes in the Chicago, Indiana, Wisconsin and Minnesota areas. The company’s portfolio spans a range of apartment types, from high-rise and mid-rise buildings to two- and three-story walk-up apartments, garden apartments and affordable housing. RMK also develops, builds and renovates communities. The Illinois communities are located in Waukegan, Palatine, Schaumburg, Aurora, Naperville, Downers Grove, Oakbrook Terrace, Evanston, Wilmette, Chicago, Elgin, Clarendon Hills and Itasca. Communities in Minnesota are located in Minneapolis and Edina, and the Indiana community is located in Indianapolis. There is also a community in Madison, Wisc.
Each residence at Wells Place includes highly sought-after private outdoor space such as this balcony off the kitchen of a two-bedroom unit.
RMK Management is now overseeing property management for Wells Place luxury apartments in Chicago’s South Loop. Units offer condominium-quality finishes such as stainless steel appliances, granite countertops, tile backsplashes, designer cabinetry and sophisticated lighting.