fourNorth Apartments
4 North Hickory Avenue, Arlington Heights, IL, 60004, US
76 eenheden
Beschrijving
Jones Lang LaSalle (“JLL”) is pleased to present River Grove Station (the “Property”), a newly constructed 138-home mid-rise apartment community with ground-floor retail located in prominent River Grove, IL. Built in 2023, River Grove Station features contemporary luxury apartments with top-tier amenities including a fitness center, rooftop terrace, co-working lounge and on-site management office.
The property is located along Thatcher Ave directly across from the Metra Station with direct access to downtown Chicago (Union Station) and easy convenient accessibility to the larger Chicagoland area via I-90, I-290, and I-294. With shopping, entertainment, and transportation nearby, River Grove has become a popular neighborhood for young professionals and families alike.
River Grove Station includes an accretive TIF agreement offering investors a partial reimbursement of their tax bill. The Property is being offered free and clear.
____
...
Kenmerken
Bouwjaar
2023
Aantal gebouwen
11
Aantal eenheden
138
Total Square Footage
11,4347
Bezettingspercentage
93%
Media
Investeringskenmerken
Excellent Design & Construction
- Thoughtful Interior Design with High-End Finishes, 9-Foot Ceilings and Modern Features
- Quartz countertops, stainless steel appliances, in-unit washer and dryer, custom built-in fireplaces.
- Outstanding amenities: fitness center, rooftop terrace, co-working lounge and on-site management office.
Outstanding, Transit-Oriented Location
- Directly across from the River Grove Metra Station
- Centrally Positioned Near Areas 3 Largest Employment Centers - Chicago CBD, Rosemont/O’Hare, and
- Oakbrook/Downers Grove
- Minutes from Bricktown Square and Winston Plaza, including Costco, Jewel, Target, Lowes Home Improvement, and Aldi
Strong Submarket Performance:
- 3.4% Projected 3-Year Effective Rent Growth
- 4.6% Projected YoY Effective Rent Growth
- 96.5% 5-Year Projected Average Occupancy
- Zero Properties Under Construction within a 3-Mile Radius
Contact adviseurs
River Grove Station (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
15 okt 2025
