Townhomes at Highcrest

3296 83rd Street, Woodridge, IL, 60517, US

Description

Jones Lang LaSalle Americas (Illinois) L.P. (JLL) is pleased to present Townhomes at Highcrest, a multi-housing community located in dynamic Woodridge, a western suburb of Chicago in DuPage County. Townhomes at Highcrest offers a convenient single-family lifestyle including spacious floor plans with ample storage and a modern collection of amenities including a resort-style pool and sundeck, a fully-equipped fitness center, and a playground for the many families living onsite.

The property’s ideal location a the intersection of 83rd and Highway 53 allows for immediate access to significant employment, fantastic retail, grocery, and dining.

With easy access to downtown Chicago, Woodridge is an idyllic suburb in DuPage County which features top-rated schools, beautiful greenery, and some of the Chicagoland area’s top employers in the nearby I-88 and I-55 Industrial Corridors.

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Attributes

Units

176

Year built

1968

Media

Investment highlights

Unparalleled Investment Opportunity
Significant value-add upside - 38% of units ready for full renovation program
Impressive $200 achieved renovation premiums
Sought-after Dupage County location
100% market rate units
Boutique investment opportunity with plenty of continued upside
Current ownership has invested $2.4M since 2019

Dynamic Townhome Community
Townhome product with single-family feel in an A+ public school district
Ideal unit mix with expansive floor plans (1,172 avg SF)
Rare central A/C and heat for vintage
In-demand amenities highlighted by resort-style pool, massive sun deck, fully equipped fitness center, and playground