Virtú Investments Acquires Marlowe in Chicago, Illinois
Virtú Investments has closed on its acquisition of Marlowe, a Class A, 176-unit, 15-story multifamily tower located in the River North neighborhood of Chicago, Illinios.
Built in 2018, the luxury property offers amenities including a rooftop lap pool, private garage with electric vehicle charging stations, a fitness studio with yoga space and community lounge with gaming tables and bar. There is also an onsite package concierge and dry-cleaning lockers.
Premium finishes within the apartment homes include floor-to-ceiling windows with city views, stainless steel kitchen appliances, and smart home lights and shades by Lutron.
Marlowe’s coveted location at Huron and LaSalle provides residents with one of the most walkable areas of the city. The location offers immediate local access to top-rated dining, retail and entertainment options, including the famous Riverwalk, retail at the Merchandise Mart, and nearby art galleries. The property is also well-served by public transportation, with several bus routes and multiple CTA “L” stations within walking distance.
About Virtú Investments
Virtú Investments, headquartered in Larkspur, CA, is a multifamily real estate investment firm primarily engaged in the acquisition and management of apartment properties in the western United States. Since its founding in 1997, Virtú has acquired and operated 130+ properties, totaling more than 24,000 units and over $3.7BN in real estate. With more than two decades of focused multifamily investing, Virtú maintains a highly selective acquisitions practice and a fully integrated, in-house property management firm.