Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2003
Building Area
Number of units 403

Property Description

JLL is pleased to present City View at the Highlands a beautiful 403-home luxury mid-rise apartment building located adjacent to the bustling Yorktown Center and Interstates 88 & 355. The Property is uniquely positioned to offer residents an urban, suburban feel in a vibrant, transit-oriented location that provides efficient connectivity to top area employers and all of Chicagoland.

Investment Highlights

Value-Add Potential

- Verifiable value-add opportunity

- 64% remaining units ready for upgrades

- Targeted Premiums are $250+, indicating significant income upside

- Additional income upside by charging for first parking space

Premier DuPage County Location

- Adjacent to Interstates 88 & 355 providing

seamless connectivity to top area employers

- Steps from the premier retail, dining, and entertainment at Yorktown Center

- Within 15 minutes of 6 fortune 1000 HQs

Ideal Investment Criteria

- Ownership has spent $5.25+ million in Property enhancements since 2016

- Real Estate Tax Clarity (not Cook County)

- Available free and clear in favorable debt markets

In-Demand Building Features

- Completely renovated social spaces

- Two-story lofts; 12.5’ ceilings in select 7th floor homes, 9’ ceilings on all other homes

- Direct access 7-story parking garage on all floors

- Resort-style swimming pool and sundeck

- Renters choice between light and dark finishes in renovated units

Last Updated Date: 21 Jun 2021
Kevin Girard
Kevin Girard
Senior Director, Capital Markets
License details
IL-475.17469
Marty O'Connell
Marty O'Connell
Senior Managing Director, Capital Markets
License details
IL-475.099044 KY-68521

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+6498849702
Last Updated Date: 21 Jun 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.