New Northwest Side TOD Units Going Fast

CHICAGO—In the near future developers will add thousands of new apartment units to the Chicago market, and even though some have wondered if that amount will eventually out run demand, so far leasing momentum for the city's new transit-oriented developments seems unstoppable.

Luxury Living Chicago Realty just became the latest firm to announce a big success with a TOD. Company officials say they have successfully leased more than 50% of MODE, a 78-unit boutique luxury project in the Logan Square neighborhood, just two months after welcoming its first move-ins. Located at 1950 N. Campbell Ave., MODE is less than two blocks from the CTA's Blue Line, and within walking distance to Concord Music Hall, Walgreens, Fresh Market Place and a variety of dining options.

“What's been drawing renters to this building is that MODE's developer, Tandem Development, has succeeded in creating a new living experience totally unique to the Logan Square area,” says Aaron Galvin, owner and managing broker of Luxury Living Chicago Realty, the exclusive leasing brokerage for MODE. “Each unit is a thoughtfully designed home with luxury interior features and finishes residents can enjoy on a daily basis, including wide plank flooring throughout the entire apartment, custom closet organization systems and USB outlets.”

Galvin's firm recently leased-up “L”, a 120-unit development in Chicago's Logan Square neighborhood.

Floor plans at MODE Logan Square range from 555 to 1,363 square feet and include studio, junior one-, one-, two- and three-bedroom units. Pricing starts at $1,750 per month for a studio.

All MODE apartments feature 9-foot-3-inch ceilings or higher, stainless steel appliances, and an in-unit washer and dryer. A host of upscale building amenities, including a state-of-the-art fitness center; resident lounge with multiple TVs; a bike room with tune-up and repair station; and a park-like courtyard with multiple grilling stations and landscaping.

“Being a true TOD, MODE Logan Square caters to renters who prefer other 'modes' of transportation in lieu of a car,” says Galvin. “And while the building does have an attached garage, there are a limited number of parking spaces, 45 to be exact.”

CHICAGO—In the near future developers will add thousands of new apartment units to the Chicago market, and even though some have wondered if that amount will eventually out run demand, so far leasing momentum for the city's new transit-oriented developments seems unstoppable.

Luxury Living Chicago Realty just became the latest firm to announce a big success with a TOD. Company officials say they have successfully leased more than 50% of MODE, a 78-unit boutique luxury project in the Logan Square neighborhood, just two months after welcoming its first move-ins. Located at 1950 N. Campbell Ave., MODE is less than two blocks from the CTA's Blue Line, and within walking distance to Concord Music Hall, Walgreens, Fresh Market Place and a variety of dining options.

“What's been drawing renters to this building is that MODE's developer, Tandem Development, has succeeded in creating a new living experience totally unique to the Logan Square area,” says Aaron Galvin, owner and managing broker of Luxury Living Chicago Realty, the exclusive leasing brokerage for MODE. “Each unit is a thoughtfully designed home with luxury interior features and finishes residents can enjoy on a daily basis, including wide plank flooring throughout the entire apartment, custom closet organization systems and USB outlets.”

Galvin's firm recently leased-up “L”, a 120-unit development in Chicago's Logan Square neighborhood.

Floor plans at MODE Logan Square range from 555 to 1,363 square feet and include studio, junior one-, one-, two- and three-bedroom units. Pricing starts at $1,750 per month for a studio.

All MODE apartments feature 9-foot-3-inch ceilings or higher, stainless steel appliances, and an in-unit washer and dryer. A host of upscale building amenities, including a state-of-the-art fitness center; resident lounge with multiple TVs; a bike room with tune-up and repair station; and a park-like courtyard with multiple grilling stations and landscaping.

“Being a true TOD, MODE Logan Square caters to renters who prefer other 'modes' of transportation in lieu of a car,” says Galvin. “And while the building does have an attached garage, there are a limited number of parking spaces, 45 to be exact.”