Orion ParkView_出售物業
Orion ParkView_出售物業
1821 W Golf Rd, Mount Prospect, IL, 60056-4026, US

Orion ParkView

資產詳情

Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, is pleased to present Orion ParkView (the “Property”), a 477- home garden-style apartment community located in esteemed Mount Prospect, IL. Orion offers a variety of in-demand 1 & 2-bed spacious floor plans (807 avg sf). Orion ParkView, built in 1972, has undergone recent major upgrades to common areas and units, addressing historical maintenance needs. With 84% of apartments ripe for renovation, it offers significant value-add potential. This opportunity, combined with organic rent growth driven by strong suburban Chicago market dynamics, makes Orion ParkView an attractive investment.


Orion ParkView’s location on Golf Road offers prime access to nearby retail, top employers in Schaumburg and Rosemont/O’Hare, and excellent public schools in District 214. Vibrant downtown Arlington Heights and Mount Prospect, as well as the greater Chicago metropolitan area, can be enjoyed by all residents. Mount Prospect’s high quality of life, strong economy, and highly-ranked schools, attract well-educated professionals and affluent families. This desirable demographic, combined with the area’s proximity to key employment hubs, ensures a stable and diverse tenant base for the community.


Orion ParkView offers a rare opportunity to achieve scale with significant value-add upside in this dynamic Chicago suburb. This asset is available on a free and clear basis.

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特性

單位數量
477
使用/出租率
96%
落成年份
1972
可出租面積
354,930 平方呎

媒體

投資亮點

Rare Investment Upside

  • 10M of Capex Investment since 2018 Including Unit Renovations
  • Significant remaining value-add opportunity (84% of homes)
  • Remarkably well-maintained property with all historical deferred maintenance addressed
  • Brand new clubhouse and resort-style amenities featuring an outdoor pool, fitness center, business center, and more


Stellar Property Performance

  • 96% occupied
  • 3.56% Trade Outs on Renewal Leases (Trailing 6 Months)
  • 2.50% Trade Outs on New Leases (Trailing 6 Months)
  • Impressive $275 renovation premiums


Fantastic Submarket Fundamentals

  • 7.57% 3-year historical average rent growth
  • 4.87% 3-Year Projected Average Annual Rent Growth
  • 95% 3-year projected occupancy
  • One Property under construction within 5 miles


Unbeatable Access to Top Employers

  • Proximate to numerous Fortune 500 Corporate Offices including AT&T, United Airlines, and Zurich North America
  • 10 minutes to Elk Grove Village Industrial Park - the Largest Industrial Park in the United States
  • Direct access to three employment corridors - Schaumburg, Rosemont/O’Hare, and North DuPage


Outstanding Area Amenities

  • Top rated school district – A+ per Niche.com
  • Minutes from the vibrant downtown areas of Arlington Heights and Mount Prospect
  • Leading healthcare options including High Performing Northwest Community Hospital
Orion ParkView 4_出售物業
Orion ParkView 4_出售物業

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Orion ParkView (0 項物業)
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最后更新
2025年4月17日