150 N. East River Rd, Des Plaines, IL, 60016, US

The Monarch 2023

Asset Description

Jones Lang Lasalle Americas (Illinois), L.P. “JLL” is pleased to present the Monarch - a 236-unit, Class A luxury style apartment community located in the dynamic northwest suburb of Des Plaines, IL. The 99% leased community offers spacious layouts ranging from studio to three bedroom homes, all with private balconies or patios. The property sets the standard for upscale living, offering residents an unparalleled living experience with a resort-style collection of amenities and stunning home finishes and features.

The property is proximate to Downtown Des Plaines, O’Hare International Airport, and Interstates 294 & 90, providing seamless connectivity to fortune 1000 employers, ranked schools, leading healthcare, plentiful area amenities, and all Chicagoland has to offer.

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Attributes

Number of units

236 units

Year built

2019

Building area Net

20,358 m²

Call for Offers

08/06/2023

Media

Investment Highlights

Best-In-Class Apartment Community

Large average unit size including breathtaking open concept floorplans - 929 average square feet with private patios / balconies
Upscale interior design - custom built walk-in closets, modern kitchen design (stainless steel appliances & white cabinetry), and heated flooring + 19 inch TV (within mirrors) in bathrooms
Luxury amenities - a resort-style pool, fully-equipped fitness center, yoga studio, & luscious green space including a family friendly play area and expansive dog park

Premier Location

Proximate to downtown Des Plaines and Metra Station
15-minutes to O'Hare International Airport
Situated nearby I-294/I-90 providing seamless connectivity to Chicagoland's Golden Corridor and top employers in the Rosemont/O'Hare area
Centric Northwest Cook County location providing access to endless entertainment, shopping, and dining options

Robust Submarket