One East Delaware
1 E Delaware Pl, Chicago, IL, 60611-1449, US
304 Einheiten
Objektbeschreibung
Jones Lang LaSalle Americas (Illinois) L.P. (JLL) is pleased to present Renaissance at Carol Stream, a multi-housing community located in dynamic Carol Stream, a western suburb of Chicago in DuPage County.
Renaissance at Carol Stream offers a convenient lifestyle including spacious floor plans with ample storage and a modern collection of amenities including a resort-style pool & sundeck, full size indoor basketball court, and a fully-equipped fitness center.
The property’s ideal location off North Ave allows for immediate access to significant employment, fantastic retail, grocery, and dining. With easy access to downtown Chicago, Carol Stream is an idyllic suburb in DuPage County which features top-rated schools, beautiful greenery, and 72M SF of industrial space in the I-88 Corridor.
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Eigenschaften
Anzahl der Einheiten
293
Vermietungsstand
97 %
Baujahr
1970
Gebäudefläche netto
24.038 m²
Medien
Investment-Highlights
- Dynamic Apartment Community
- In-demand amenities highlighted by resort-style pool, massive sun deck, full-size indoor basketball court, and fitness center
- 56% of units prime for a programmatic renovation program
- Available below replacement cost
- Fantastic Property Performance
- 95% Occupied
- 77% Average Retention over last 3 years
- Impressive $100+ achieved renovation premiums
- Minimal concessions offered
- Limited nearby competition provides continued opportunity for rent growth
- Best of Suburban Chicago
- Ideal DuPage County location
- Direct access to I-88 job corridor and top employers
- Neighbors nearby retail along North Ave (Tony’s Fresh Market, Menards, Starbucks)
- Fantastic nearby schools (ranked top 5% in the nation)
- Robust Market Fundmentals
- 5.9% Historical Avg Effective Rent Growth in the Last 5 Years
- 96% Projected Avg Occupancy
- Supply constrained submarket
- Zero properties under construction within 5 miles
- Lack of comparable product nearby
- Over the last 25 years, only 529 units (2.5% of existing supply) have delivered in the entire North DuPage submarket
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Zuletzt aktualisiert
28. Apr. 2025
