Oakwood Chicago River North — Photo by eHotelier

Oakwood, wholly owned by Mapletree Investments, has announced the acquisition of Jones Chicago by Mapletree, a modern 25-story residential property at 220 West Illinois Street, in Chicago's River North neighborhood.

Renamed as Oakwood Chicago River North, the property will offer business professionals, individual travelers and long-term residents a luxurious furnished apartment experience - as well as unfurnished leases of nine months or more - in one of Chicago's most vibrant, in-demand neighborhoods.

Oakwood is rapidly increasing its management of corporate housing and serviced apartment assets worldwide, including planned properties in Dubai, Thailand and China.

Designed with both modern luxury and sustainability in mind, Oakwood Chicago River North comprises 188 units on 25 floors and offers a variety of flexible, one- and two-bedroom configurations. The Hartshorne Plunkard Architecture-designed building is LEED Gold Certified and boasts spectacular city views with floor-to-ceiling windows. Amenities include a rooftop lounge, a pool and sundeck area, modern athletic/fitness facilities, a covered dog run and dog-washing stations, and more. Notably, the address carries a Walk Score® of 95 - ideal for pedestrians and residents to traverse the city.

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