The Belden-Stratford, the iconic Beaux-Arts apartment property in Chicago’s Lincoln Park neighborhood, has reopened its doors following a top-to-bottom renovation that blends the grandeur of the 100-year-old building’s original architecture with lifestyle residences designed for today’s renters.
Overlooking the Lincoln Park Zoo and Conservatory, the 16-story property was constructed in 1923 and is listed on the National Register of Historic Places. Designed by architect Meyer Fridstein, it originally opened as a residential hotel before eventually transitioning entirely to rental apartments.
Renovation of Belden-Stratford Luxury Apartments
The historic Belden-Stratford was purchased in 2018 by Mansueto Office—the investment firm of Joe Mansueto, a former resident of the property—and renovation began in 2020. Today, it comprises 209 luxury apartments, ranging from studios, one-, two-, and three-bedroom residences, as well as a selection of penthouses boasting double-height living spaces. Monthly rents for these units range from $2,500 to $15,000. Currently, the leasing process is underway with the expectation of full occupancy by the end of the year.
Modern Amenities, Historic Look

The completed renovation was unveiled during a June 7 grand opening celebration, and the building officially passed its 100-year anniversary this October. For the modern-living renovation, the team incorporated new amenities in the building's preexisting open spaces. This includes a lounge that overlooks the Lincoln Park Conservatory, a double-height fitness center in what was once the building’s ballroom, a billiards and media lounge, a rooftop deck, wine tasting room, private wine storage room, and reservable conference rooms.
The property also offers a variety of services, from concierge and door staff, to 24/7 valet parking and Tesla rentals. A French bistro connects to the lobby as well, providing residents with on-site dining at Mon Ami Gabi.
Luxury Residences
Each residence comes with 9-foot ceilings and an elegant finish package, including quartz countertops, GE Profile stainless steel appliances, and full-size washers and dryers. The apartments measure between 483 and 1,689 sf.

“The residential experience at The Belden-Stratford offers a taste of both worlds for those who appreciate the history and architectural significance of the building as a point of differentiation, but also want many of the same conveniences and amenity offerings you would find in a new-construction rental property,” said Scott Ferguson, Senior Vice President at Waterton. “In fact, one of the most significant aspects of the renovation was completely reimagining the residential floors to create new unit layouts that align with the lifestyle of today’s renters. The result is contemporary apartments with features you don’t expect in a century-old building, like island kitchens that are open to living space, generous storage including walk-in closets, and full-size in-unit laundry.”
On the Building Team:
Owner: Mansueto Office, Waterton
Architect of Record: Solomon Cordwell Buenz
Historic Architect: Vinci Hamp Architects
Lighting Designer: CharterSills Architectural Lighting Design
Historic Finish Research: EverGreene Architectural Arts
GC: Bulley & Andrews
Related Stories
Apartments | Mar 13, 2024
A landscaped canyon runs through this luxury apartment development in Denver
Set to open in April, One River North is a 16-story, 187-unit luxury apartment building with private, open-air terraces located in Denver’s RiNo arts district. Biophilic design plays a central role throughout the building, allowing residents to connect with nature and providing a distinctive living experience.
MFPRO+ News | Mar 12, 2024
Multifamily housing starts and permitting activity drop 10% year-over-year
The past year saw over 1.4 million new homes added to the national housing inventory. Despite the 4% growth in units, both the number of new homes under construction and the number of permits dropped year-over-year.
Multifamily Housing | Feb 29, 2024
Manny Gonzalez, FAIA, inducted into Best in American Living Awards Hall of Fame
Manny Gonzalez, FAIA, has been inducted into the BALA Hall of Fame.
MFPRO+ Research | Feb 28, 2024
New download: BD+C's 2023 Multifamily Amenities report
New research from Building Design+Construction and Multifamily Pro+ highlights the 127 top amenities that developers, property owners, architects, contractors, and builders are providing in today’s apartment, condominium, student housing, and senior living communities.
MFPRO+ Special Reports | Feb 22, 2024
Crystal Lagoons: A deep dive into real estate's most extreme guest amenity
These year-round, manmade, crystal clear blue lagoons offer a groundbreaking technology with immense potential to redefine the concept of water amenities. However, navigating regulatory challenges and ensuring long-term sustainability are crucial to success with Crystal Lagoons.
Multifamily Housing | Feb 14, 2024
Multifamily rent remains flat at $1,710 in January
The multifamily market was stable at the start of 2024, despite the pressure of a supply boom in some markets, according to the latest Yardi Matrix National Multifamily Report.
Luxury Residential | Feb 1, 2024
Luxury 16-story condominium building opens in Chicago
The Chicago office of architecture firm Lamar Johnson Collaborative (LJC) yesterday announced the completion of Embry, a 58-unit luxury condominium building at 21 N. May St. in Chicago’s West Loop.
Luxury Residential | Jan 30, 2024
Lumen Fox Valley mall-to-apartments conversion completes interiors
Architecture and interior design firm Morgante Wilson Architects (MWA) today released photos of its completed interiors work at Lumen Fox Valley, a 304-unit luxury rental community and mall-to-apartments conversion.
Mixed-Use | Jan 29, 2024
12 U.S. markets where entertainment districts are under consideration or construction
The Pomp, a 223-acre district located 10 miles north of Fort Lauderdale, Fla., and The Armory, a 225,000-sf dining and entertainment venue on six acres in St Louis, are among the top entertainment districts in the works across the U.S.
Mixed-Use | Jan 19, 2024
Trademark secures financing to develop Fort Worth multifamily community
National real estate developer, investor, and operator, Trademark Property Company, has closed on the land and secured the financing for The Vickery, a multifamily-led mixed-use community located on five acres at W. Vickery Boulevard and Hemphill Street overlooking Downtown Fort Worth.