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|Number of units||466|
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer – either individually or as a portfolio – the exclusive opportunity to acquire Commonwealth and Greenleaf, two coveted senior affordable housing communities in Chicago. Both Properties benefit from Project-Based Section 8 (HAP) contracts on 99% of units and boast lengthy waiting lists that ensure consistent occupancy, low turnover and stable long term cash flow. The Properties enjoy premium locations within favored submarkets of a gateway metro, including Chicago’s renowned Lincoln Park neighborhood and the desirable suburb of Bolingbrook.
- Stable, Bond-Like Cash Flow from HAP Contract
- Considerable Contract Rent Upside
- Affordable Preservation Opportunity
- Attractive Senior Asset
- Premier Global MSA
- Located in Chicago's Favorite In-Town and Suburban Submarkets