Chicago Luxury Apartments EB-5 Project is located in the Village of Lincolnshire, only 20 minutes from O’Hare International Airport and 40 minutes from downtown Chicago. Lincolnshire is one of Chicago’s wealthiest suburbs. It has the best elementary schools and middle schools in Illinois, and its public high school, Stevenson High School, is ranked No. 3 in the United States. Lincolnshire is also a very desirable business location for companies. These offices hire about 20,000 high-income employees in high-tech industries including pharmacy, software development, data analysis and investment. This creates an excellent opportunity to provide quality housing to these workers, where they can live, work and play.
According to the study, the project’s submarket is outperforming the market as a whole, with a current vacancy rate of 2.5%, while the whole region’s vacancy rate is 3.8%.
This project consists of two (2) four (4) story buildings, with 300 luxury apartment units and over 600 garage and surface parking spaces. The apartments will feature open floor plans, nine-foot ceilings, private balconies, luxury baths with rain shower showerheads, walk-in closets, breakfast bars, stainless steel kitchen appliances and in-unit washer and dryer.
Amenities will include fitness and exercise class facilities, meeting and party space, café, three-season roof party deck, bike maintenance shop, kayak storage, multi-depth outdoor pool, sundeck, cabanas, outdoor living rooms, grilling stations, and fire pits.