Union @ Roosevelt Sells to Chicago Investor for $27 Million
Union @ Roosevelt, a recently developed mixed-use project within the popular Roosevelt Row district of Downtown, has been sold to a Chicago-based investor for $27 million. Located at 888 N. 1st Ave., features 80 luxury, mid-rise apartments with 9,100 square feet of ground floor retail space and 28,000 sqft of land.
The fully-leased apartment community is home to three retail outlets. GenuWine is a self-serve wine bar with a wide selection of wines, as well as a variety of cheeseboards and locally brewed beer. Fatty Daddy’s ice cream provides customers with local, hand crafted pastries and desserts, free from preservatives, GMOs and artificial colors. Finally, there are multiple letter of intent for the remain restaurant space that will provide the full service restaurant experience for the tenants living at Union and the general public.
