
Orland Ridge Townhomes & Villas
16996 Pond Willow Drive, Orland Park, IL, 60487, US
294 units
Jones Lang LaSalle Americas (Illinois), L.P. (JLL), is pleased to present Left Bank, a 451-unit luxury apartment building located in the West Loop, one of the nation’s most dynamic submarkets. What was once home to storied meatpacking and industrial warehouse users has undergone a rapid transformation following the announcement of Soho House, Google and McDonald’s planting roots in the neighborhood. The area’s distinctive character has made it a magnet for a growing number of restaurants, bars, hotels, and Fortune 500 companies alike. With an average household income of $192,000 and a median age of 33, the West Loop has cemented itself as the preferred location for Chicago’s highly educated creative-oriented profesisonals, and one of the most sought-after submarkets across the country.
Rising 37 stories above the bustling streets, Left Bank boasts expansive views of the downtown cityscape and features top of the line amenities. The property offers a mix of layouts from studios to three-bedroom units. With 83% of units being renovated to the platinum level achieving strong premiums, investors have the opportunity to further capitalize on the remaining 17% by modernizing the remaining units. Additionally, Chicago’s stellar market fundamentals allow for the potential to push rents further with an incredible renter demographic, strong rent-to-income ratios, and a muted supply pipeline.