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Tribune Tower Residences in Chicago

Name: Sales in Tribune Tower Residences started!
Start: 2020-07-29T07:04:43.786592+00:00
End: 2023-12-31T23:59:59+0000
Location: Tribune Tower Residences

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Project info

Object ID: 8287

Finished at	June 2023
Price, m²	From 15350$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 112.00 m²
Floors	30
Apartments	162
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,719,200$

Net profit

9,376$

Payback period

146.3 years

Avg property value increase per year

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About the project

Tribune Tower Residences offer an incomparable lifestyle. Whether you are entertaining or enjoying an intimate time with friends or family, these thoughtfully designed residences offer a perfect balance of style and comfort.

CLASSIC YET CONTEMPORARY LIVING

Classically designed residences feature high-ceilings, wide-planked hardwood flooring, custom mouldings and exquisite finishes.

ELEGANCE MEETS PURPOSE

Every detail has been carefully considered, from custom-designed cabinetry and quartzite counters to Sub-Zero®, Wolf® and Miele appliances, making the heart of your home not only beautiful, but also beautifully efficient.

ARCHITECTURAL MASTERPIECES

Each residence in this collection showcases spectacular, stunning, and exceptional architectural details such as soaring ceiling heights, views of intricate tracery and lavish terraces.

Developer

Back in 1994, our three founders focused on California neighborhoods such as Third Street Promenade, Old Town Pasadena and Brea. Today, we’r…
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