Attributes
| Year Built | 1991 |
| Building Area |
|
| Land Area |
|
| Number of units | 105 |
Property Description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the exclusive opportunity to acquire Lilac Senior Apartments, a 105-unit, 100% LIHTC property in the desirable lakefront community of Fox Lake, IL. The Property was redeveloped in 2010, enjoys stable, bond-like cash flow and is well-located to abundant natural areas and amenities and is minutes from national retailers and public transit that travels directly into Downtown Chicago.
Investment Highlights
- Desirable Chain O'Lakes Location with Convenient Access to National Retailers and the Larger Chicago Metro
- Attractive Senior Asset with Quality Amenities and Low Turnover and Management Costs
- Stable Operations - including over 98% Average T12 Collections - and Limited True Competition
- Favorable Capital Markets Environment
Doug Childers
Senior Managing Director, Affordable Housing Group Leader
License details
CA-01924035
GA-328338
FL-SL3467836
IA-S68329000
NC-LC762
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