deal image
25407 S Yellow Pine DrChannahon, IL 60410
ArkVue Channahon
Asset ClassMultifamily
ArkVue Channahon is a 240-unit Class A multifamily development seeking $10.33MM in joint venture equity, offering a projected 30.8% IRR as the first premium multifamily project in America's logistics capital of Channahon, Illinois
overview of deal

Overview

ArkVue Channahon is a 240-unit Class A multifamily development strategically positioned on 12 acres at the junction of Interstates 55 and 80—one of the nation’s most active logistics corridors. This premier location offers exceptional regional connectivity, supporting both strong employment growth and long-term housing demand within a 5-mile radius of more than 28,000 residents earning a median household income of $123,375, well above the national average.

Access the Data Room

Investment Highlights

Planned as the first phase of a larger mixed-use development, ArkVue will be the area’s first market-rate multifamily project since 2020, creating a clear competitive advantage in serving the region’s growing workforce. Market-rate proforma rents are projected at $1,928 per unit per month ($2.12 per SF), supported by modern apartment designs and premium amenities not currently available in the market.

25407 S Yellow Pine DrChannahon, IL 60410

Let's Talk

Grace HorakSenior Client Services Specialist

License #: 801984

(210) 749-3689grace.larsen@colliers.com
deal image

Inquire

Listing provided by Revere CRE