Living / Multi-housing
Under Contract

Green Trails

2800 Windsor Dr, Lisle, IL, 60532-4233, US

Green Trails_Property for Sale

Gallery

Green Trails 2_Property for Sale

Asset description

Jones Lang LaSalle Americas (Illinois), LP. (JLL) is pleased to present Green Trails Apartment Homes, a 440-home garden-style community located in the superb DuPage County community of Lisle, IL. Situated on the Lisle-Naperville border, Green Trails’ residents have the best of both worlds - proximity to the bustling downtown and Naperville’s top-rated school system as well as Lisle’s serenity with lush greenery, and access to transportation and top employers.

​​​​​​​

Green Trails offers investors a value-add opportunity, while enjoying continuous organic revenue growth with an immediate footprint in one of Chicago’s premier suburban locations. The property boasts a robust array of vibrant community amenities, including a fully equipped fitness center, sauna, outdoor pool, and more! Green Trails also offers a variety of spacious layouts ranging from studios to 2-bedroom townhomes with patios or balconies.

Attributes

Number of units
440 units
Occupancy
97.00%
Year built
1988
Building area Net
364,180 sf

Investment highlights

  • Ideal Investment Criteria
    • Last 25 Leases Show A 18% Premium Over In-Place Effective Rents
    • 100% Value Add Upside through Interior Renovations
    • Zero Concessions Offered
    • Real Estate Tax Clarity (not Cook County)
    • 97% Occupancy 
  • Picture Perfect Naperville & Lisle Location
    • ​​​​​​​Easy Access To Local Transit And Highways 
    • Minutes To Downtown Lisle And Naperville 
    • Close Proximity To Top Area Employers and I-88 Corridor
    • Top Ranking Illinois School District #203
  • Sought-After Building & Community Features 
    • Fantastic Floor Plan Optionality Ranging from Studios to 2-Bed Townhomes with Private Entrances
    • Spacious Community Design Featuring Beautiful Green Courtyards and a Serene Suburban Atmosphere
    • Resort-Style Community Amenities
    • Patios or Balconies in Every Unit
  • Desirable Chicago Submarket 
    • 96% Projected 5-Yr Avg. Occupancy
    • 6%+ Projected 5-Yr Avg. Annual Rent Growth
    • Zero Properties Under Construction within a 3-Mile Radius


Green Trails 4_Property for Sale

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Nov 30, 2022