Jones Lang LaSalle Americas (Illinois), L.P. “JLL” is pleased to present Watermark at the Grove (“Watermark”) a 282-unit, luxury style apartment community located in the dynamic northwest suburb of Elgin, IL.
The 99% occupied community offers a variety of spacious layouts ranging from one-bedroom to two-bedroom homes, all with private balconies or patios. The property sets the standard for attention to detail and luxury living, offering residents a truly unparalleled living experience with a resort-style collection of amenities and top tier home finishes and features.
The property is perfectly situated along the I-90 corridor with convenient access to Chicago’s employment centers including access to 38M+ SF of industrial, ranked schools, dining, and entertainment. Watermark at the Grove is part of a master planned development including Northwest Corporate/Business Park and The Grove. The Grove is a 30-acre mixed use restaurant, retail, and hotel development with 20+ retailers steps away from the property.
This unbeatable opportunity is available via an accretive assumable loan (HUD - 3.31% note rate + 0.25% MIP).