Projects

Residential

2200 Grace
Lombard, Illinois

2200 Grace is a 72-unit multifamily community in Lombard, Illinois, offering large, family-oriented apartments with an average unit size of 1,099 square feet—among the most spacious floor plans in the submarket. The property is positioned directly adjacent to Yorktown Apartments and the Yorktown Center mixed-use redevelopment, creating direct operational synergies across both assets.

The Lombard submarket benefits from proximity to the Oak Brook/I-88 employment corridor, which supports over 30,000 jobs, within DuPage County where median household income exceeds $110,000. The property offers a meaningful value alternative to newly built D.R. Horton townhomes located next door, which are priced between $500,000 and $600,000.

A minimal capital improvement plan addresses deferred maintenance items. Managed in tandem with the adjacent Yorktown Apartments, the combined operational platform is expected to drive efficiency gains and cost savings across both properties.

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