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|Building Area Net||
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|Number of units||207|
Jones Lang LaSalle, L.P., JLL Real Estate Limited (collectively, “JLL”) proudly presents Illini Tower (the “Property”), a 207 unit / 725 bed student housing community located adjacent to University of Illinois Urbana-Champaign (“UIUC”) campus. A comprehensive renovation of the high rise was completed in 2018, and the Property achieved full occupancy for the 2021-2022 academic year.
Illini Tower is the premier Private Certified Housing (“PCH”) facility at UIUC, which mandates first-year students to live on campus. The PCH designation enables the Property to house first-year students and therefore capture demand from the largest freshman class in the university’s history. This rare investment opportunity presents the ability to gain a foothold at the sixth largest public university in the United States where enrollment has grown 50% in the last 20 years.
Proven Demand with Upside Potential – Fully Occupied for the ’21-’22 Academic Year
One-Of-A-Kind Asset - Largest Private Certified Housing Facility at UIUC
Unique Opportunity - Privately-Owned On-Campus Community
Growth Market - 25% Enrollment Growth in the Last 5 Years