Portfolio

Commonwealth & Greenleaf

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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. 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.

Attributes

Building Area
Number of units 466

Portfolio description

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.

Investment Highlights

  • 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

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Commonwealth & Greenleaf (2 Properties)
Commonwealth
Chicago, IL, United States
Greenleaf
Bolingbrook, IL, United States
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Last Updated Date: 04 May 2022

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