Eden Prairie_Property for Sale
Eden Prairie_Property for Sale

Eden Prairie

303 Lw Besinger Dr, Carpentersville, IL, 60110-2105, US

Description

Jones Lang LaSalle Americas (Illinois) L.P. (JLL) is pleased to present Eden Prairie ("the Property"), a gardenstyle property located in Carpentersville, a northwestern suburb of Chicago. Eden Prairie provides residents with comfortable living options comprised of premier one-bedroom and two bedroom homes, with 83% of units being two-bedrooms. The Property offers a plethora of amenities including an outdoor basketball court, fully-equipped gym, and playground. Due to strong premiums on renovated units and excellent submarket performance, a new investor has the opportunity to continue a value-add program by renovating the remaining units and continuing to drive rents upward.


Located in the desirable Kane County, Eden Prairie offers convenient access to a variety of suburban employment hubs such as Schaumburg, O'Hare, Elk Grove Village, and Hoffman Estates through just a short drive. Residents enjoy suburban lifestyle while being living the charming and historictown of Carpentersville. Eden Prairie is in close proximity to I-90 as well as the MD-W Metra line for a quick commute to the suburbs and downtown. Chicago's O'Hare airport is also only a 20 minute drive from the Property. The Property boasts access to well-rated schools, healthcare, grocery and retail all conveniently within close proximity. This exceptional investment opportunity is available via assumable debt or free and clear.

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Attributes

Units
432
Year built
1969
Building area net
33,632 sm

Media

Investment highlights

  1. Ideal Investment Opportunity
  2. Exceptional Value-Add Upside | 70% Fully Unrenovated Units
  3. AA+ Bond-Rated Kane County
  4. Optionality to Assume Existing Debt or Buy Free and Clear
  5. Strong Property Fundamentals
  6. 70% Retention in the Last 12 Months
  7. 6.5% Tradeouts on New Leases | 5% Tradeouts on Renewal Leases
  8. Renovated Units Achieve an Impressive $160 Rent Premium
  9. Sought-After Suburban Location
  10. Located in The Golden Corridor Employment Hub Reaching Top Healthcare and 7 Fortune 500 Companies
  11. Close Proximity to Major Employment Hubs Including Schaumburg, O'Hare, Elk Grove, and Hoffman Estates
  12. Immediate Access to I-90 and the MD-W Metra Line to Downtown Chicago
  13. High Barrier-to-Entry Submarket
  14. Only One Property > 100 Units Under Construction Within a 5-Mile Radius
  15. Only Three Properties > 100 Units Built in the Last 10 Years Within a 5-Mile Radius
  16. Low 18% Submarket Rent-to-Income Ratio Proves Room to Push Rents
Eden Prairie 4_Property for Sale
Eden Prairie 4_Property for Sale

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Last updated
Jun 24, 2026