

ABOUT
THE PROJECT
Located in the heart of downtown Chicago, 79 West Monroe marks a pivotal moment in the evolution of the LaSalle Street corridor. As the first office-to-residential conversion to break ground under the city’s LaSalle Street revitalization initiative.
THE PROJECT SETS THE TONE FOR A MORE DYNAMIC, LIVABLE FINANCIAL DISTRICT.
This landmark early-1900s tower is being thoughtfully reimagined. The redevelopment demonstrates how historic architecture can be preserved while adapting to the needs of a modern downtown.
Originally constructed as a 14-story office building, the property once served as headquarters for Bell Federal Savings and Loans. Today, it stands at the forefront of the movement to transform underutilized office space along LaSalle Street into vibrant housing that supports a more active, mixed-use neighborhood. By blending historic preservation, residential growth, and affordability, 79 West Monroe represents a model for the future of downtown living.
ABOUT THE DEVELOPER
R2 is a fully integrated owner-operator focused on value-add investments across real estate asset classes. R2 was built to source and uncover investments that are “hidden in plain site”; Our edge is the ability to operate with the creativity and agility of a developer, while supporting our investors with the sophistication of an institution
