3-Property Platform for Enduring Employment-Population-Rent Growth + Robust Returns
The Opportunity
High-Visibility Locations on Mount Prospect’s Main Street Artery + Metra Line
Walkability to: Metra, Grocery, Eateries, Entertainment, and Nightlife
Luxury-Level Finishes
Modern, Creative Amenity Packages
Recent + New Builds: 2019, 2021, 2024
Remarkable Resident Reviews: 4.9 Stars (Apartments.com)
Maple Street Lofts, 20West, and The Dawson share key asset strengths:
OPTIMAL OPPORTUNITIES + DIFFERENTIATORS
1st Floor Popular Grocery (Maple Street Lofts)
On-Site Elegant Restaurant with Noted Chef (20West | Opening Summer 2024)
Locus of Chicago’s Triumvirate Power Employers: Manufacturing - Industrial - Corporate Campuses
Hyper-Connected: Steps to Metra, Major Arteries I-90 + I-294
9 Miles to O’Hare International Airport (Undergoing $12 Billion Expansion)
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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
RICHARD EVANS
Senior Director
richard.evans@berkadia.com
773.991.3321
License #:475.127322
RALPH DEPASQUALE
Managing Director
ralph.depasquale@berkadia.com
847.778.2187
License #:471.011898
PETE EVANS
Senior Managing Director
pete.evans@berkadia.com
847.226.0836
License #:471.014084
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Mount prospect PORTFOLIO: Multifamily Trio
MAPLE STREET LOFTS
207 S. Maple St., Mount Prospect, IL 60056
20WEST
20 W. Northwest Hwy., Mount Prospect, IL 60056
THE DAWSON
235 E. Prospect Ave., Mount Prospect, IL 60056
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INVEST IN CHICAGO'S CORE SUBURBAN CORRIDOR
Berkadia Institutional Solutions presents the opportunity to own three best-of-all-worlds, prime-location properties in Mount Prospect, Illinois — Chicago’s Core Suburban Corridor. The Mount Prospect Multifamily Trio for acquisition of one, two, or all three powerfully positioned luxe assets in one of the
fastest growing high-wage suburban submarkets in the country.
Desirable downtown walkables, authentic village living, and incredible Metra + Interstate connectivity to Chicago’s entire Metro culminate here in Mount Prospect’s enclave.
The Mount Prospect Multifamily Trio is uniquely poised for strong rent growth — durable and enduring. All set in the heart of one of Chicago’s historically undersupplied, rapidly expanding core suburban markets. Mount Prospect and its larger Des Plaines-Arlington Submarket will see robust population expansion, value amplification, and the myriad returns of a hyper-connected enclave.
#2 SUBMARKET IN U.S. FOR ANNUAL RENT GROWTH
( Des Plaines-Arlington | CoStar | #3 of 239 20K+ Unit Submarkets )
5.0% RENT GROWTH (March 2024, YoY. National: 0.7%)
95+ % OCCUPANCY (2024 – 2029 Projected Average)
$156,650 AVERAGE HH INCOME + $401,554 MEDIAN HOME VALUE (within 1 mile of TRIO)
7.5% HOUSEHOLD GROWTH (2024 – 2029 Projected)
77% WHITE COLLAR WORKERS + 3.7% WHITE COLLAR JOB GROWTH (1 mile)
#2 SUBMARKET IN U.S. FOR ANNUAL RENT GROWTH
JASON BOND
Managing Director
jason.bond@berkadia.com
847.997.9783
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