Essex Realty Group Lists $31M Multifamily Property in Printer’s Row
CHICAGO, ILLINOIS — Essex Realty Group, LLC has been exclusively engaged to market for sale Library Lofts at the Brock + Rankin Building, a historic 106-unit loft apartment property located at 619 South LaSalle Street in Chicago’s highly sought-after Printer’s Row neighborhood.
Transaction Summary
- Transaction Type: Printer’s Row Apartment Building Listing
- Address: 619 South LaSalle Street, Chicago, Illinois
- Neighborhood: Printer’s Row
- Property Type: Historic Loft Apartment Building
- Unit Count: 106 Units
- Listing Price: $31,000,000
Property Overview: 106-Unit Apartment Building in Printer’s Row
Originally constructed as a commercial printing facility, the property was thoughtfully redeveloped in 2015 into a unique multifamily asset that blends historic character with modern residential amenities.
The extensive rehabilitation preserved many of the building’s original architectural features while creating a distinctive apartment community that would be extraordinarily difficult to replicate in today’s development environment.
The property consists of 106 apartment units totaling approximately 81,575 net rentable square feet. Originally home to Brock & Rankin, a prominent printer and binder of books, catalogs, encyclopedias, and other commercial publications, the building’s industrial heritage remains evident throughout.
Apartment homes feature oversized warehouse-style windows, soaring ceilings, exposed structural elements, and authentic historic details that continue to attract renters seeking character-rich urban living.
Investment Opportunity for Chicago Multifamily Investors
“The building was thoughtfully renovated to preserve its historic character and architectural charm while creating a modern apartment community designed for today’s residents. Library Lofts offers an attractive value proposition, with average rents of just $2.80 per square foot, significantly below those of comparable Class A properties in the surrounding area,” said Principal Jordan Gottlieb.
Library Lofts represents a rare opportunity to acquire a historically significant multifamily asset with strong in-place operations, enduring architectural appeal, and long-term upside in one of Chicago’s premier urban neighborhoods.
Broker Representation for the Printer’s Row Apartment Building Listing
Essex Realty Group is exclusively representing the ownership in the marketing and sale of Library Lofts at the Brock + Rankin Building.
The listing is being marketed by Principals Jordan Gottlieb and Jim Darrow, Director Brian Keegan, and Associate Ted Romas.
Printer’s Row Multifamily Investment Market
Ideally situated in the heart of Printer’s Row, residents enjoy immediate access to Chicago’s Loop, Grant Park, the lakefront, CTA transit options, major employment centers, universities, restaurants, and neighborhood retail.
The neighborhood’s combination of historic charm, downtown accessibility, and strong renter demand has made Printer’s Row one of Chicago’s most desirable residential destinations.
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About Essex Realty Group
Essex Realty Group, LLC has served Chicago’s investment real estate market since 1990 as a leading Chicago multifamily brokerage firm specializing in apartment building sales throughout the city and surrounding suburbs.