Avant at the Arboretum_Property for Sale
Avant at the Arboretum_Property for Sale
450 Warrenville Rd, Lisle, IL, 60532-1353, US

Avant at the Arboretum

Asset Description

Jones Lang Lasalle Americas (Illinois), L.P. “JLL” is pleased to present Avant at the Arboretum, an exceptional 310-home mid-rise community located in the vibrant suburb of Lisle, IL. This extremely well-built apartment community complete with structured parking offers an investor the opportunity to modernize unit interiors via a light value-add renovation program. While the property provides residents many highly sought-after resort-style amenities, it also provides an investor the ability to expand the overall offering. 


Avant at the Arboretum is perfectly situated along I-88 near I-355 with convenient access to Chicago’s employment centers including 70M+ SF of industrial/Fortune 1000 employers, ranked schools, and top healthcare providers. The property’s proximity to Downtown Lisle and Naperville (#1 Best Cities to Raise a Family in America) allows for convenient express Metra train line commuting, unbeatable shopping, entertainment, and dining.


This opportunity is available on an all-cash basis. 



Number of units
310 units
Year built
Building area net
26,520 m²


Investment Highlights

Ideal Investment Profile

  • Real Estate Tax Clarity - DuPage County (Not Cook County) 
  • Superior Construction - Pre-Cast Concrete Construction & 100% Copper Piping
  • Value-Add Opportunity (Target Premiums of $150 indicating Significant Income Upside) 
  • Minimal Deferred Maintenance - ~$2.5M of Capex spent since 2018

Premier DuPage County Location

  • Proximity to Top Ranked Education, Hospitals, and Fortune 1000 Employers
  • Immediate Access to I-88 and I-355 Employment/R&D/Tech Corridor  
  • Nearby Downtown Lisle & Naperville Offering An Abundance of Retail, Dining, & Entertainment 
  • Available At a Discount to Replacement Cost and on an all-cash basis

Desirable Submarket Projection

  • 4.9% - 3 Yr. Average Projected Rent Growth 
  • 95% - 5 YR. Average Projected Occupancy 
  • Muted Projected Supply Pipeline 
  • Zero Properties Under Construction Within a 3-Mile Radius

Premier Living Experience

  • Spacious Living Space & Large Average Unit Size - 920 SF 
  • Expansive In-Demand Community Amenities 

Avant at the Arboretum 4_Property for Sale
Avant at the Arboretum 4_Property for Sale

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Last updated
27 Oct 2023