1615 Arbor Ln, Crest Hill, IL, 60403-2101, US

Woodlands of Crest Hill

資產詳情

Jones Lang LaSalle Americas (Illinois), LP. (JLL) is pleased to present Woodlands of Crest Hill, a multi-housing community located in dynamic and developing Crest Hill, a southwest suburb of Chicago in Will County.

Woodlands of Crest Hill offers a variety of in-demand layouts from ideal studios to two-bedroom homes.

This community offers a convenient lifestyle including flawless finishes, spacious floorplans with ample storage, and a modern collection of amenities including a recently renovated clubhouse.

Woodlands is ideally located off of Theodore Street, adjacent to Plainfield Road, the main thoroughfare for the southwest suburbs, with immediate access to fantastic retail, grocery, and dining. With easy access to I-55, Crest Hill is a Village on the rise adjacent to the Des Plaines River featuring top-rated schools, Lewis University, and 38 million square feet of industrial development including new distribution centers for Amazon and Wayfair.

Woodlands is 95% occupied and achieving an impressive 17%+ growth on new leases and 7%+ on renewals.

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特性

單位數量

732 單位

使用／出租率

93.00%

落成年份

1972

建築物面積 (淨面積)

558,219 平方呎

土地面積

26.70 英畝 (1,163,052 平方呎)

媒體

投資亮點

Dynamic Apartment Community

Current ownership has spent upwards of $6.8 million on programmatic renovations since 2018
Ideal amenities highlighted by resort-style pool & sun deck, modern clubroom, and fitness center
Institutionally managed since 2018

Fantastic Property Performance

95% Occupied
17%+ Effective Growth on New Leases
7%+ Effective Growth on Renewals
Verifiable value-add program with $284 achieved premiums on full renovations

Path-of-Growth Location

Will County hosts the largest inland container port in the US, attracting major distributors
Immediate Access to I-55 Job Corridor (99MM+ Industrial SF) including New Hubs for Amazon and Wayfair, and WeatherTech HQ
Neighbors all-stop shops including Jewel Osco, BigLots, Ross, Hobby Lobby, Food4Less, and more
~15 Minutes to Joliet Mall, Promenade at Bolingbrook, and Harrah’s Casino

Robust Fundamentals