CHICAGO, ILLINOIS – May 30, 2018 – Watermark Equity Group, LLC and Cornerstone Investment Group, LLC announced this week that Elevation Lofts, a cutting edge urban multi-family development located in the Rogers Park neighborhood of Chicago, will begin construction and is scheduled to be complete for occupancy by Summer 2019.
Sitting six stories tall, Elevation Lofts offers stunning views of Lake Michigan and Chicago’s world class skyline, a “first of its kind” for the booming Rogers Park neighborhood. Its 38 contemporary apartments will include open concept configurations, high-efficiency appliances and designer finishes for their array of studio, 1 bedroom, 2 bedroom and 3 bedroom units. Fifth floor units will include multi-level accommodations that offer sweeping skyline vistas from its oversized windows. The innovative team behind Elevation Lofts are set to provide a Class A living experience at a reasonable price, providing some of the city’s best amenities for their tenants including a rooftop deck with grilling areas, state-of-the-art fitness center, indoor community room with a fully-equipped kitchen and entertainment room, bike racks and an access-controlled parking lot. Only a 5-minute walk from CTA’s Howard Ave red-line “L” station and Lake Michigan, Elevation Lofts is an ideal choice for students, commuting professionals and outdoor enthusiasts.
“We are excited to bring the Elevation Lofts development to the Rogers Park neighborhood,” says Freddy Ellis, Chicago resident and managing partner of Watermark Equity Group. “Unlike other area developments, which often push unprecedented rent prices, we will be providing a contemporary living experience at a sensible price. Our aim is to maintain the vibrance and character of the neighborhood.”
As the northernmost neighborhood of Chicago, Rogers Park is affectionately known as the gateway to the suburbs. Conveniently positioned near Lake Michigan, downtown Chicago, and prominent local universities such as Northwestern University and Loyola University Chicago, Rogers Park is perhaps best known for its eclectic blend of cultures, ethnic restaurants and rich history.
Construction activities began in May 2018 and is managed by Watermark Properties, LLC.
About Watermark Equity Group
Watermark Equity Group specializes in residential and commercial real estate acquisition and development. Founded in 2014, Watermark Equity Group endeavors to increase the quality of life for customers, tenants and stakeholders through their properties. Since their inception, Watermark operates, in part, to provide financial assistance to the inner-city youth of Chicago Hope Academy through their student sponsorship program. For more information, please visit www.watermarkequitygroup.com.
About Cornerstone Investment Group
Cornerstone Investment Group exists to create a range of housing and commercial investments for people of all incomes, cultures and generations. Established in 1992 as a property management firm focused on Chicago’s Rogers Park and Hyde Park neighborhoods, Cornerstone’s vision remains the same: the right blend of housing and development provide more than a good investment, it can transform neighborhoods. For more information, please visit www.cornerstonellc.com.
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Watermark Equity Group