fourNorth Apartments
4 North Hickory Avenue, Arlington Heights, IL, 60004, US
76 unités
Descriptif
Jones Lang LaSalle Americas (Illinois), L.P. (JLL), is pleased to present The Grove on Grand (48) and The Grand Elm (12), premier apartment communities strategically located in River Grove and Elmwood Park. These assets offer a combined total of 60 spacious two-bedroom residences, each averaging ~1,100 square feet and featuring modern finishes. Both assets are located along Grand Avenue, providing easy access to local amenities and the larger Chicagoland area via I-90, I-290, and I-294. With convenient shopping, entertainment, and transportation nearby, River Grove and Elmwood Park have become popular neighborhoods for young professionals and families alike.
Offered free and clear, The Grove on Grand and The Grand Elm provide a compelling investment opportunity, with the flexibility to acquire the properties as a portfolio or individually.
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Attributs
Nombre d'unités
60
Nombre d'étages
3
Occupation
95 %
The Grove on Grand + The Grand Elm (2 Propriétés)
The Grove on Grand + The Grand Elm (2 Propriétés)
Média
Points forts de l'investissement
Excellent Design & Construction
- Thoughtful Interior Design with High-End Finishes, 9-Foot Ceilings and Modern Features
- 100% 2 Bed 2 Bath Floor Plans - Avg SF of ~1,100
- 1 to 1 Parking Ratio
Outstanding, Transit-Oriented Location
- Centrally Positioned And Convenient to the Three Largest Employment Centers In The Metropolitan Area Chicago CBD, Rosemont/O’Hare, and Oakbrook/Downers Grove
- Immediate Access to River Grove and Elmwood Park Metra Stations
- Minutes from Bricktown Square and Winston Plaza, including shops such as Costco, Jewel, Target, Lowe’s Home Improvement, and Aldi
Strong Submarket Performance:
- 3.4% Projected 3-Year Effective Rent Growth
- 4.6% Projected YoY Effective Rent Growth
- 96.5% 5-Year Projected Average Occupancy
- Zero Properties Under Construction within a 3-Mile Radius
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Dernière mise à jour
22 juil. 2025
