CHICAGO, IL - RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been named property manager for 818 N. Wolcott, a boutique 20-unit rental community in Chicago’s East Village/West Town neighborhood. Completed in 2023, the property is the redevelopment of an existing foundry building, with a new addition expanding its original footprint.
“This is quite a unique property, not only from an architectural standpoint and its interesting loft-style floor plans, but also in the very intimate environment it offers with only 20 units,” said Anthony Rossi Jr., president of RMK Management Corp. “Our management and leasing team excels at providing a personal touch to residents living in a boutique building, where the residential experience is rooted more in service rather than amenities.”
Located at Chicago and Wolcott avenues, 818 N. Wolcott is convenient to the city center, multiple CTA bus stops and Interstate 90/94. The property, which is 90% leased, offers the choice between single-level timber lofts with exposed brick, oversized windows and 15-foot ceilings, located within the original two-story foundry building; or contemporary loft units, including both single-level and duplex floor plans, located in the building’s three-story addition.
Apartments include one, two- and three-bedroom layouts, measuring 837 to 1,885 square feet, all of which feature upscale finishes and features such as quartz countertops, large kitchen islands, stainless steel appliances, in-unit laundry and walk-in closets. Select apartments have a private balcony or patio.
Residents of 818 N. Wolcott also have access to a backyard amenity space that is similar in style to a beer garden and complete with outdoor seating, string lights, four picnic tables and a gas grill for enjoying outdoor meals.
“With just 20 apartments, this is a building where it’s very easy for residents to form bonds and build a sense of community, whether they’re spending time together in the garden, or seeing each other at the various shopping and dining options to be found right outside their front door,” said Rossi. “It’s a great neighborhood to explore and discover neighborhood watering holes, cozy coffee shops and trendy new restaurants.”
Rents at 818 N. Wolcott range from $2,750 to $5,305 per month. The building has 20 off-street parking spaces in the alleyway behind the structure, with the fee for assigned parking spaces at $250 per month.
About RMK Management Corp: A leading Midwest property management firm, RMK Management Corp. manages more than 7,000 units across Illinois, Minnesota and Wisconsin. 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, affordable housing and build-to-rent (BTR) townhomes. RMK also develops, builds and renovates communities.