Meadowlark Townhomes

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to exclusively offer for sale Meadowlark Townhomes, a 122-unit LIHTC & market-rate property in DeKalb, IL. The Offering provides a stable, bond-like cash flow due to strong economic occupancy, which has averaged 98% since 2022, and the +$473 spread of market-rate rents over in-place LIHTC lease rents. Additionally, the Property provides a value-add opportunity for investors, as recently renovated market-rate units have seen $700+ increases in lease rents. The Property presents investors with the opportunity to deploy capital into a well-performing, well-maintained asset with strong organic rent upside.