Woodlands of Crest Hill Apartments
1615 Arbor Ln, Crest Hill, IL, 60403-2101, US
730 unités
Descriptif
Jones Lang LaSalle Americas (Illinois), L.P. (JLL), is pleased to present The Grove on Grand (48) and The Grand Elm (12), two premier apartment communities strategically located in River Grove and Elmwood Park, 1.5 miles apart. Combined, these assets include a total of 60 units, all spacious two-bedroom residences averaging ~1,100 square feet. Both properties 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.
The Grove on Grand and The Grand Elm are being offered free and clear, with the flexibility to acquire as a portfolio or individually. Opportunity to purchase newer luxury rentals below replacement cost.
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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
14 août 2025
