General Information

Building Features

Location & Structure

  • Premier location in heart of Gold Coast neighborhood
  • Floor-to-ceiling windows in all units
  • Lake and skyline views from the north, east and south, city views from the west
  • Available units (SF per various RE websites)
    • 2-bedroom units (1425 or 1600 SF)
    • 1–bedroom units (1000 SF)
    • Studios (600 SF)
    • Combined units (3-4 bedrooms; SF depends on configuration)
  • In-unit HVACs for central air and heat control
  • Secure storage units
  • In-building garage parking available through SP+ Parking Management Services
  • Walk score: 100%
    • Nearby grocery stores, shops, parks, night life
    • 20-minute walk to the Loop

In-Building Features & Services

  • 24/7 doorstaff with double coverage
  • Cable/wifi package included in assessments
  • Party room
  • Exercise room: cardio, weight lifting, barre, floor work area; water-bottle filler
  • Outdoor pool with lounge chairs and tables
  • Barbecue grill deck with umbrella tables
  • Other outdoor relaxation areas
  • Package room and optional in-unit delivery service with digital tracking
  • Business center
  • Laundry room
  • Laundry service/Dry cleaners
  • Secure bike room
  • Vending machines
  • Pet-friendly
  • Rentals allowed for 6 months or longer (no rental cap)
  • Professionally managed by Sudler

Building Reserves, Recent Improvements and Ongoing Maintenance

111 E. Chestnut is a 400+-unit building built in 1971. Annual HOA budgets are approximately $4 million, with about $1 million of that allocated to building reserves. There is no debt. There are no plans for or anticipation of a special assessment.

Reserve spending since 2012 has led to the following repairs and improvements, pursuant to professional reserve studies and ongoing needs.  

Resident Experience

  • Renovated hallways
  • Expanded bike room
  • New poolside and barbecue deck furniture
  • Updated fitness center; new equipment
  • Upgraded property management software
  • Introduced new website

Structural Improvements

  • New building roof
  • New building exterior window perimeter caulking
  • New domestic hot water boilers
  • New basement house pumps
  • New hydraulic elevator cylinder
  • New loading dock
  • New pool deck surface and pool liner
  • Concrete repairs, as needed

Safety Improvements

  • City of Chicago-mandated life safety improvements, blended into building décor
  • Residential hallway 1- and 2-way communication system
  • Modernized passenger elevators
  • Electronic key safe for management office
  • Roof anchor system


111 E. Chestnut Condominium has excellent governance processes.

  • Professional management by Sudler, including robust internal controls and on-site property manager
  • Audited financials and professional tax return preparation
  • Experienced legal counsel
  • Board of Directors processes
    • 7-member Board
    • Board members must stand for election every 2 years
    • Board elections are audited
    • Monthly open Board meetings with advance notice
  • Formal bid processes