2 East Oak
2 East Oak is a unique high-rise property located in the most luxurious neighborhood in Downtown Chicago.
Address 2 East Oak
Total Units 304
As the leaders in condo deconversion, SPNA will rebrand and update the property, transforming it into a classy, value-alternative to nearby Class A buildings. Its prime location is a major factor contributing to the building’s value, with a solid infrastructure that creates significant value potential.
SPNA will rejuvenate the building aesthetic to create a luxury apartment tower. We will reconfigure the unit types to drive growth, converting 150 studio apartments to Jr. 1 BR units that will pull higher rent prices. The remodeled units will be fully modernized, with a clean, urban design and layout plan. In-unit washer/dryers, stone & quartz countertops with undermount sinks, modern backsplashes, and new faux-wood LVT flooring will be installed in each unit, completely transforming the building’s aesthetic. Multiple proven convenience technologies for tenants will be added, including an access control system, a package delivery system, and a 24-hour shopping kiosk in the building for the tenant’s convenience.