Meadowlark Townhomes
2211 Eve's Circle West, DeKalb, IL, 60115, US
122 eenheden
Objectomschrijving
Jones Lang LaSalle Americas (Illinois), L.P. (JLL) is pleased to present Four50 (“The Property”), a boutique 80-home apartment community located in Chicago’s dynamic Lakeview neighborhood. Built in 2019, the Property consists of various spacious layouts including studios, one-bedrooms, two-bedrooms and three bedrooms. Four50 boasts top-of-the-line finishes in the modern units as well as a variety of community amenities that cater to its residents.
Four50 is situated in a prime location in the thriving Lakeview submarket adjacent to Broadway Avenue and Lake Michigan. Residents can enjoy the bustling dining, retail, and recreation scene while benefiting from easy access to Downtown Chicago employment through the nearby public transportation. This ideal live-work-play location creates the perfect home that appeals to students, young professionals and families. This incredible investment opportunity is available free and clear.
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Kenmerken
Aantal eenheden
80
Bouwjaar
2019
Bezettingspercentage
96%
Media
Investeringskenmerken
EXCEPTIONAL LAKEVIEW LOCATION
- Walk-to-Everything Location (95 Walk Score)
- Steps from Endless Dining, Retail and Grocery Stores on Broadway Avenue
- Adjacent to Countless Transit Options including CTA Trains and Bus Lines
- Close Proximity to Desirable Neighboring Wrigleyville, Boystown and Lincoln Park
- 5-Minute Walk to Beautiful Lake Michigan
UNPARALLELED INVESTMENT OPPORTUNITY
- 100% Market Rate Units
- Ideal Investment Size at 80 Homes
- Appealing Unit Mix of Studio, One, Two and Three Bedroom Units
- 3% Avg. Trade-outs on Renewals
- 94%+ Avg. Occupancy Since 2022
- 6% Avg. Effective Rent Growth at the Property over the Last Three Years
LUXURY PROPERTY FEATURES
- Top-of-the-Line Units including Open Floor Plans, In-Unit Washer/Dryer, and Incredible Views
- Expansive Amenity Package featuring Rooftop Lounge and Terrace, Fitness Center, and Package Lockers
- Chef’s Kitchens including Stainless Steel Appliances, Quartz Countertops, and Tile Backsplash
- Private Outdoor Space for Every Unit
- Large Unit Sizes of over 900 Avg. SF
SUPERIOR SUBMARKET FUNDAMENTALS
- No Properties > 100 Units Under Construction within 3 Mile Radius
- Consistent 96% Occupancy Projected over next 4 Years
- Strong Employer Base and Impressive Average Area Income of $165,000
- 3.5% Rent Growth in the Last 4 Years
Contact adviseurs
FOUR50 Belmont (0 Eigendommen)
JLL kan u helpen bij de financiering en het beheer van uw portefeuille. E-mail ons vandaag nog om te zien hoe we u kunnen helpen uw ambities te realiseren.
Laatst bijgewerkt
9 mei 2025
