Grand Reserve - Naperville, IL

Jones Lang LaSalle Americas (Illinois), L.P. (JLL) is pleased to present Grand Reserve Apartments, an award winning, luxurious 319-unit, garden-style apartment community located in the prestigious suburban Chicago neigh­borhood of Naperville. Grand Reserve offers a variety of spacious layouts ranging from 1-bedrooms to 2-story townhomes with direct access garages and private entrances. The property offers true luxury living with best-in-class amenities and magnificent interiors that residents are proud to call home. The property is perfectly located in Naperville, pro­viding residents’ access to top schools, downtown Naperville, local train stations, I-355 & I-88 and the east-west employment corridor. This rare opportunity is available on a free and clear basis.

Ideal Investment Criteria

• Last 25 leases show a 19% Premium Over In-Place Lease Rents
• 14% Trade-Outs on New Leases
• Zero Concessions Offered
• Real Estate Tax Clarity (Not Cook County)
• 95%+ Occupancy

Irreplaceable Naperville Location

• #1 City in America to Raise a Family
• Easy Access to Local Expressways & Public Transit
• Minutes to downtown Naperville and Fox Valley Mall
• Close Proximity to Top Area Employers

Sought-After Building Features

• Excellent floor plan optionality featuring, luxurious apartments & townhomes with private entries and garages
• High-end apartment finishes with stainless steel appliances, granite countertops and spacious walk-in closets
•  Large Average Unit Size: 1,024
•  Resort-Style Community Amenities

 Fantastic Suburban Naperville Submarket

•  95% Projected 5-Yr Avg Occupancy
•  5.4%+ Projected 5-Yr Avg Annual Rent Growth
• Only 1 Property Under Construction within a 3-Mile Radius