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

Documents

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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.

Key facts

Year Built 1988
Building Area Net
Rentable Area
Number of units 440
Occupancy 97.0 %
Call for Offers

Property 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.

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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.

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


Last Updated Date: 02 Sep 2022

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Last Updated Date: 02 Sep 2022

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