ReNew Downers Grove

Category
Current Portfolio
Units
294
Location

Downers Grove, Chicago MSA

ReNew Downers Grove represents a premium investment in the high-demand Chicago suburban market of Downers Grove. This strategically located property offers a compelling value proposition, blending luxury living with modern conveniences to attract and retain a discerning tenant base. The extensive array of resort-style amenities, including a state-of-the-art fitness center, community courtyard, and heated swimming pool, positions this asset as a market leader, driving strong occupancy rates and robust rental income. The property's proximity to Chicago and Oak Brook further enhances its appeal, ensuring long-term value appreciation and resilience in varying market conditions.

  • Comprehensive amenity package drives premium rents and minimizes tenant turnover, optimizing NOI
  • Strategic location near major employment centers ensures consistent demand and occupancy stability
  • High-end finishes and in-unit amenities command above-market rental rates, maximizing revenue potential
  • Pet-friendly policies and dedicated pet amenities expand the potential tenant pool and increase revenue streams
  • Flexible common areas and business center cater to evolving work-from-home trends, future-proofing the investment