Chicago - Suburban New Construction & Proposed Multifamily Projects 3Q20
21
123 62
7 ID PROPERTY UNITS 22 68 3 Hawthorn 240 67 6 Springs at Kenosha Phase II 200 7 Market Square Phase II 50 Total Lease Up 490 63 65 66 21 743 Sheridan Road 96 64 3 22 Gateway Lofts 70 23 The Falls at Pike Creek 208 6 23 24 Seasons at River View 300 25
25 Strawberry Fields 798 24 Total Planned 1,472 71 69 62 72nd Avenue 521 63 Alford Building Redevelopment 60 64 Fifth Avenue & 59th Street 63 65 Lake Terrace Project 63 66 Project Greeneway 360 67 Union Court 87 68 Union Park 111 69 104th Avenue 459
70 65th Avenue 100 70 71 94th Avenue 60 123 Parkview Commons 96 Total Prospective 1,980 1 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 3Q20
52
115 ID PROPERTY UNITS 118 119 20 Boulevard at Central Station 66 55 Total Under Construction 66 117
20 116 52 Willow Glen 188 109 55 The Pointe 64 56 Connecticut Street 275 110 Total Planned 527 122
109 Boulevard at Central Station Phase II 99 120 110 Melody Square Subdivision 300 113 113 Market Square Crossing 600 121 114 Richton Park Senior Housing 55 114 115 Carson Manor 50 116 Gary Manor 60 56 117 South Calumet Road & East Porter Avenue 62 118 Waverly Road 246 119 Waverly Road Phase II 72 120 Wilson Street Multi - Family Development 100 121 The Brooks at Vale Park 284 122 The Residence at Brookside Glen 144 Total Prospective 2,072 5 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 3Q20
90 89
36 9
ID PROPERTY UNITS 99
4 Village Place 216 44 8 Highland Ridge 240 9 The Reserve at Prairie Centre 96 Total Lease Up 552 98 101
13 Sixteen30 284 17 Reserve at Hudson Crossing 280 19 Montgomery Place 468 Total Under Construction 1,032 47
19 36 The Prairie Centre Phase II 499 44 One North Washington Place 186
47 Copley Hospital Redevelopment 102 17 53 Riverwalk Homes Redevelopment 177 106 54 Rock Run Crossing 600 4 Total Planned 1,564
8 89 DeKalb Commons 585 107 13 90 University Commons 187 108 98 Sugar Grove 350 112 99 The Village at Mill Creek 84 111 101 Randall Oaks 261 106 570 Colchester Drive 50 107 Redwood at Plainfield 239 53 108 Seasons of Romeoville 240 111 Redwood Neighborhood 160 112 Steeple Chase 96 54 Total Prospective 2,252 5 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 3Q20
12
38
46
45
ID PROPERTY UNITS
12 The Fynn 212 14 Cantera Residences 364 15 Everton Flats 259 16 Oak Brook Commons 250 39 16 Total Under Construction 1,085 41
40 104 38 Lilac Station 120 39 Woodmoor on Finley 288 40 Yorktown Commons Parcel 4 336 41 Yorktown Phase II 78 42 Cantera 424 15 43 Lincoln at City Gate Centre 285 42 45 Apex 400 107 14 46 The Crescent 245 100 43 48 Benton Avenue 72 51 49 McDowell Point 174 49 103 50 Metro 59 Phase II 228 105 51 Vanguard Cantera 242 Total Planned 2,599
102 100 CityGate West 410 102 5th Avenue 292 48 103 Main Street & Ogden Avenue 164 104 Autumn Oaks 170 50 105 Civic Center Redevelopment 100 Total Prospective 1,136 1 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 3Q20
ID PROPERTY UNITS 83 NWC Old Rand Road & Route 22 100 84 The Colosseum 450 1 Seasons at Randall Road 380 85 Plum Farms 230 2 Albion Highland Park 161 86 300 South Pointe Drive 80 5 Uptown 500 321 87 Dunhurst Plaza 55 Total Lease Up 862 88 Oak Avenue 80 73 91 Park Pointe 246 74 10 Maple Street Lofts 257 72 92 The Delamore 600 11 Maple Street Lofts 313 93 Irving Park Road 100 18 North Main Street 97 94 2200 East Devon Avenue 1,000 Total Under Construction 667 95 Block 56 250 26 96 The Boulevard 100 75 26 Cornerstone of Grayslake 100 97 Surrey Ridge Senior Residences 74 27 Green Bay Road 52 124 Fox River Grove Phase II 200 76 28 Solo Cup Redevelopment 501 Total Prospective 4,984 78 29 The Springs 280 60 30 South Rand Road 162 80 31 Bell Works 550 29 79 124 27 32 The Algonquin at Old Plum Grove 373 82 59 30 83 33 4 North Hickory Avenue 76 2 34 Ellinwood 212 28 77 35 One Arlington Phase II 236 81 58 86 37 Army Trail Road & Knollwood Drive 90 5 84 87 57 Residences at Pingree Creek 306 58 Residences of Deerbrook 246 88 59 Fox River Grove 300 1 60 Hawthorn Mall 600 35 18 61 33 61 Arlington 425 361 85 95 57 31 32 10 Total Planned 4,445 11 97 96 92 34 72 Belvidere Road & South Thaxter Avenue 190 73 Green Bay Trail 90
74 Green Town Redevelopment 200 93 75 Morris Station 108 91 94 76 SB Mundelein Station 201 77 Mill Street & Route 47 196 78 Crystal Village 88 79 Fox River Grove Phase III 176 37 80 Hermosa Gardens of Crystal Lake 51 81 Deer Park Town Center Townhomes 59 82 Lake Zurich Road & North Quentin Road 60 5 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
1 Seasons at Randall Road 400 Randall Road West Dundee IL 60118 Lease-Up 380 Carpentersville 12/05/2019 08/31/2021 03/01/2020 2 Albion Highland Park 1850 Green Bay Road Highland Park IL 60035 Lease-Up 161 Highland Park - Libertyville 12/16/2019 07/31/2021 08/01/2019
3 Hawthorn 1070 59th Avenue Kenosha WI 53144 Lease-Up 240 Kenosha - North 11/18/2019 04/30/2021 09/01/2018 4 Village Place 1151 West Normantown Road Romeoville IL 60446 Lease-Up 216 Romeoville 06/01/2017 02/28/2021 01/01/2020 5 Uptown 500 500 West Dundee Road Wheeling IL 60090 Lease-Up 321 Arlington Heights 12/08/2018 12/31/2020 01/01/2020 6 Springs at Kenosha Phase II 12742 71st Street Kenosha WI 53142 Lease-Up 200 Bristol 07/29/2019 11/30/2020 11/01/2019 7 Market Square Phase II 3100 Market Lane Kenosha WI 53144 Lease-Up 50 Kenosha - North 03/01/2019 11/30/2020 10/01/2019 8 Highland Ridge 16234 West 143rd Street Lockport IL 60441 Lease-Up 240 Orland Park 03/01/2019 11/30/2020 09/01/2019 9 The Reserve at Prairie Centre 1988 McThursten Court St. Charles IL 60174 Lease-Up 96 St. Charles 09/30/2018 11/30/2020 05/01/2019 Total Lease-Up 1,904
10 Maple Street Lofts 207 East Prospect Avenue Mount Prospect IL 60056 Under Construction 257 Mt. Prospect 03/16/2020 03/31/2022 11 Maple Street Lofts 215 East Prospect Avenue Mount Prospect IL 60056 Under Construction 313 Mt. Prospect 02/03/2020 02/28/2022 12 The Fynn 183 North Addison Avenue Elmhurst IL 60126 Under Construction 212 Lombard 01/15/2020 12/31/2021 13 Sixteen30 14700 Wallin Drive Plainfield IL 60544 Under Construction 284 Bolingbrook 08/14/2020 12/31/2021 14 Cantera Residences 28301 Ferry Road Warrenville IL 60555 Under Construction 364 Batavia 08/26/2019 08/31/2021 15 Everton Flats SEC Albright Street & State Route 59 Warrenville IL 60555 Under Construction 259 Batavia 10/07/2019 06/30/2021 16 Oak Brook Commons 22nd Street & Spring Road Oak Brook IL 60523 Under Construction 250 Lombard 03/06/2020 05/31/2021 17 Reserve at Hudson Crossing 94 West Jackson Street Oswego IL 60543 Under Construction 280 Yorkville 01/13/2020 04/30/2021 18 North Main Street 10 North Main Street Mount Prospect IL 60056 Under Construction 97 Arlington Heights 09/02/2019 02/28/2021 19 Montgomery Place 1175 Reading Drive Oswego IL 60538 Under Construction 468 Yorkville 11/30/2018 01/31/2021 20 Boulevard at Central Station 6701 South Street Tinley Park IL 60477 Under Construction 66 Orland Park 11/22/2019 12/31/2020 Total Under Construction 2,850
21 743 Sheridan Road 743 Sheridan Road Kenosha WI 53140 Planned 96 Kenosha - North 22 Gateway Lofts 3515 30th Avenue Kenosha WI 53144 Planned 70 Kenosha - North 23 The Falls at Pike Creek 6965 70th Court Kenosha WI 53142 Planned 208 Kenosha - South 24 Seasons at River View 77th Street & 105th Avenue Pleasant Prairie WI 53158 Planned 300 Kenosha - South 25 Strawberry Fields 13620 75th Street Bristol WI 53140 Planned 798 Bristol 26 Cornerstone of Grayslake SWC Peterson Road & State Route 83 Grayslake IL 60030 Planned 100 Mundelein 27 Green Bay Road 440 Green Bay Road Highwood IL 60040 Planned 52 Highland Park - Libertyville 28 Solo Cup Redevelopment 1700 Old Deerfield Road Highland Park IL 60035 Planned 501 Highland Park - Libertyville 29 The Springs 1120 Central Park Drive Crystal Lake IL 60014 Planned 280 Crystal Lake 30 South Rand Road 225 South Rand Road Lake Zurich IL 60047 Planned 162 Buffalo Grove 31 Bell Works 2000 West AT&T Center Drive Hoffman Estates IL 60195 Planned 550 Carpentersville 32 The Algonquin at Old Plum Grove 1014 East Algonquin Road Schaumburg IL 60173 Planned 373 Palatine 33 4 North Hickory Avenue 4 North Hickory Avenue Arlington Heights IL 60004 Planned 76 Arlington Heights 34 Ellinwood 1415 Ellinwood Street Des Plaines IL 60016 Planned 212 Mt. Prospect Source: Yardi Matrix Yardi Source: Chicago - Suburban New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
35 One Arlington Phase II 3400 West Euclid Avenue Arlington Heights IL 60005 Planned 236 Mt. Prospect 36 The Prairie Centre Phase II 2067 Prairie Street St. Charles IL 60174 Planned 499 St. Charles 37 Army Trail Road & Knollwood Drive Army Trail Road & Knollwood Drive Bloomingdale IL 60108 Planned 90 Glendale Heights 38 Lilac Station 101 South Main Street Lombard IL 60148 Planned 120 Lombard 39 Woodmoor on Finley 1S601 Finley Road Lombard IL 60148 Planned 288 Lombard 40 Yorktown Commons Parcel 4 4 Yorktown Shopping Center Lombard IL 60148 Planned 336 Lombard 41 Yorktown Phase II 2233 South Highland Avenue Lombard IL 60148 Planned 78 Lombard 42 Cantera 28301 Ferry Road Warrenville IL 60555 Planned 424 Batavia 43 Lincoln at City Gate Centre City Gate Lane & Westings Avenue Naperville IL 60563 Planned 285 Batavia 44 One North Washington Place 121 East Wilson Street Batavia IL 60510 Planned 186 Batavia 45 Apex 400 400 North Main Street Glen Ellyn IL 60137 Planned 107 Wheaton 46 The Crescent Crescent Blvd & Prospect Avenue Glen Ellyn IL 60137 Planned 245 Wheaton 47 Copley Hospital Redevelopment 301 Weston Avenue Aurora IL 60505 Planned 102 Aurora West Benton Avenue & 48 Benton Avenue Naperville IL 60540 Planned 72 Naperville - West North Main Street 49 McDowell Point Diehl Road & Raymond Street Naperville IL 60563 Planned 174 Naperville - West 50 Metro 59 Phase II 1016 Station Blvd Aurora IL 60504 Planned 228 Naperville - West 51 Vanguard Cantera 28250 Diehl Road Warrenville IL 60555 Planned 242 Naperville - West 52 Willow Glen 8900 Archer Avenue Willow Springs IL 60480 Planned 188 Hickory Hills 53 Riverwalk Homes Redevelopment 350 North Broadway Street Joliet IL 60435 Planned 177 Joliet 54 Rock Run Crossing NEC Interstate 55 & Interstate 80 Joliet IL 60431 Planned 600 Joliet 55 The Pointe NWC West 143rd Street & SW Hwy Orland Park IL 60462 Planned 64 Orland Park 56 Connecticut Street 9000 Connecticut Drive Merrillville IN 46410 Planned 275 Gary - South 57 Residences at Pingree Creek 1551 Reinking Road Elgin IL 60120 Planned 306 Outlying Kane County SWC Lake Cook Road & 58 Residences of Deerbrook Deerfield IL 60015 Planned 246 Highland Park - Libertyville South Waukegan Road 59 Fox River Grove Algonquin Road & Lincoln Avenue Fox River Grove IL 60021 Planned 300 Crystal Lake 60 Hawthorn Mall Milwaukee Avenue & East Townline Road Vernon Hills IL 60061 Planned 600 Buffalo Grove 61 Arlington 425 225 West Campbell Street Arlington Heights IL 60005 Planned 361 Arlington Heights Total Planned 10,607
62 72nd Avenue 72nd Avenue & Somers Road Kenosha WI 53144 Prospective 521 Kenosha - North 63 Alford Building Redevelopment 702 58th Street Kenosha WI 53140 Prospective 60 Kenosha - North 64 Fifth Avenue & 59th Street Fifth Avenue & 59th Street Kenosha WI 53140 Prospective 63 Kenosha - North 65 Lake Terrace Project 5th Avenue & 59th Street Kenosha WI 53140 Prospective 63 Kenosha - North 66 Project Greeneway 5522 104th Avenue Kenosha WI 53144 Prospective 360 Kenosha - North 67 Union Court 39th Avenue & 40th Street Kenosha WI 53144 Prospective 87 Kenosha - North 68 Union Park 3615 Washington Road Kenosha WI 53144 Prospective 111 Kenosha - North Source: Yardi Matrix Yardi Source: Chicago - Suburban New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
69 104th Avenue 82nd Street & 104th Avenue Pleasant Prairie WI 53158 Prospective 459 Kenosha - South 70 65th Avenue 10529 65th Avenue Pleasant Prairie WI 53158 Prospective 100 Kenosha - South 71 94th Avenue 94th Avenue & 97th Court Pleasant Prairie WI 53158 Prospective 60 Kenosha - South 72 Belvidere Road & South Thaxter Avenue Belvidere Road & South Thaxter Avenue Waukegan IL 60085 Prospective 190 Waukegan 73 Green Bay Trail 61 North Green Bay Road Waukegan IL 60085 Prospective 90 Waukegan SWC South Sheridan Road & 74 Green Town Redevelopment Waukegan IL 60085 Prospective 200 Waukegan Washington Street 75 Morris Station 101 East Maple Avenue Mundelein IL 60060 Prospective 108 Mundelein 76 SB Mundelein Station 444 East Courtland Street Mundelein IL 60060 Prospective 201 Mundelein 77 Mill Street & Route 47 NWC Mill Street & Route 47 Huntley IL 60142 Prospective 196 Huntley - Woodstock 78 Crystal Village 110 West Woodstock Street Crystal Lake IL 60014 Prospective 88 Crystal Lake 79 Fox River Grove Phase III Algonquin Road & Lincoln Avenue Fox River Grove IL 60021 Prospective 176 Crystal Lake 80 Hermosa Gardens of Crystal Lake 4202 Three Oaks Road Cary IL 60013 Prospective 51 Crystal Lake North Deer Park Blvd & 81 Deer Park Town Center Townhomes Deer Park IL 60074 Prospective 59 Buffalo Grove North Rand Road Lake Zurich Road & Lake Zurich Road & 82 Ela Township IL 60047 Prospective 60 Buffalo Grove North Quentin Road North Quentin Road 83 NWC Old Rand Road & Route 22 South Old Rand Road & State Route 22 Lake Zurich IL 60047 Prospective 100 Buffalo Grove Longmeadow Pkwy & 84 The Colosseum Algonquin IL 60118 Prospective 450 Carpentersville South Randall Road 85 Plum Farms NWC West Higgins Road & Sutton Road Hoffman Estates IL 60192 Prospective 230 Carpentersville 86 300 South Pointe Drive 300 South Pointe Drive Northbrook IL 60062 Prospective 80 Arlington Heights 87 Dunhurst Plaza 901 West Dundee Road Wheeling IL 60090 Prospective 55 Arlington Heights 88 Oak Avenue 1001 Oak Avenue Prospect Heights IL 60070 Prospective 80 Arlington Heights 89 DeKalb Commons East Lincoln Hwy & North Peace Road DeKalb IL 60115 Prospective 585 Dekalb 90 University Commons Lincoln Hwy & Pearl Street DeKalb IL 60115 Prospective 187 Dekalb 91 Park Pointe SWC Middle Street & Route 25 Bartlett IL 60177 Prospective 246 Elgin 92 The Delamore NEC Barrington Road & Boardwalk Blvd Hoffman Estates IL 60169 Prospective 600 Schaumburg 93 Irving Park Road 1839 West Irving Park Road Streamwood IL 60107 Prospective 100 Schaumburg 94 2200 East Devon Avenue 2200 East Devon Avenue Des Plaines IL 60018 Prospective 1,000 Mt. Prospect East Busse Avenue & 95 Block 56 Mount Prospect IL 60056 Prospective 250 Mt. Prospect South Emerson Street South Arlington Heights Road & 96 The Boulevard Arlington Heights IL 60005 Prospective 100 Mt. Prospect W Seegers Road South Milbrook Lane & 97 Surrey Ridge Senior Residences Arlington Heights IL 60005 Prospective 74 Mt. Prospect South Surrey Ridge Drive 98 Sugar Grove Interstate 88 & State Route 47 Sugar Grove IL 60554 Prospective 350 Elbum 99 The Village at Mill Creek 39W250 Herrington Blvd Geneva IL 60134 Prospective 84 Elbum 100 CityGate West State Route 59 & Westings Avenue Naperville IL 60563 Prospective 410 Batavia 101 Randall Oaks Miller Drive & Randall Road North Aurora IL 60542 Prospective 261 Batavia Source: Yardi Matrix Yardi Source: Chicago - Suburban New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
East 5th Avenue & 102 5th Avenue Naperville IL 60563 Prospective 292 Naperville - West North Washington Street 103 Main Street & Ogden Avenue SEC Main Street & Ogden Avenue Lisle IL 60532 Prospective 164 Naperville - East 104 Autumn Oaks Jorie Blvd & Kensington Road Oak Brook IL 60523 Prospective 170 Downers Grove 105 Civic Center Redevelopment 801 Burlington Avenue Downers Grove IL 60515 Prospective 100 Downers Grove 106 570 Colchester Drive 570 Colchester Drive Oswego IL 60543 Prospective 50 Yorkville 107 Redwood at Plainfield West 143rd Street & South Steiner Road Plainfield IL 60544 Prospective 239 Bolingbrook 108 Seasons of Romeoville 495 South Weber Road Romeoville IL 60446 Prospective 240 Romeoville 109 Boulevard at Central Station Phase II 6701 South Street Tinley Park IL 60477 Prospective 99 Orland Park 110 Melody Square Subdivision 183rd Street & Harlem Avenue Tinley Park IL 60477 Prospective 300 Orland Park 111 Redwood Neighborhood NEC Broken Arrow Drive & Farrell Road Lockport IL 60441 Prospective 160 Orland Park 112 Steeple Chase West 167th Street & Interstate 355 Lockport IL 60441 Prospective 96 Orland Park 113 Market Square Crossing South Cicero Avenue & Lincoln Hwy Matteson IL 60443 Prospective 600 Chicago Heights - North 114 Richton Park Senior Housing SWC Karlov Ave & Sauk Trail Richton Park IL 60471 Prospective 55 Chicago Heights - South 115 Carson Manor East 136th Street & Guthrie Street East Chicago IN 46312 Prospective 50 Gary - West 116 Gary Manor 1064 Jefferson Court Gary IN 46402 Prospective 60 Gary - West South Calumet Road & South Calumet Road & 117 Chesterton IN 46304 Prospective 62 Gary - East East Porter Avenue East Porter Avenue 118 Waverly Road US Highway 20 & Waverly Road Porter IN 46304 Prospective 246 Gary - East 119 Waverly Road Phase II US Highway 20 & Waverly Road Porter IN 46304 Prospective 72 Gary - East Wilson Street 120 8200 Wilson Street Merrillville IN 46410 Prospective 100 Gary - South Multi-Family Development 121 The Brooks at Vale Park North Campbell Street & Vale Park Road Valparaiso IN 46385 Prospective 284 Valparaiso 122 The Residence at Brookside Glen South 80th Avenue & West 191st Street Mokena IL 60448 Prospective 144 Outlying Will County 123 Parkview Commons 12th Street & 88th Avenue Kenosha WI 53144 Prospective 96 Kenosha - North 124 Fox River Grove Phase II Algonquin Road & Lincoln Avenue Fox River Grove IL 60021 Prospective 200 Crystal Lake Total Prospective 12,424
TOTAL CHICAGO - SUBURBAN 27,785 Source: Yardi Matrix Yardi Source:
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