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Suburban Chicago New Construction & Proposed Multifamily Projects 1Q19
a Berkshire Hathaway and Jefferies Financial Group company
ID PROPERTY UNITS2 444 Social 302
3 Watermark at the Grove 282
10 One Wheeling Town Centre 300
Total Lease Up 884
13 Ogden Place 468
15 Panton Mill Station 100
16 Springs at Oswego, The 280
17 20 West 73
Total Under Construction 921
24 Station Square 80
25 First Street 50
26 Green Bay Road 52
27 Solo Cup Redevelopment 501
28 Harnish Drive Senior Living 160
29 Woodlore Estates 68
30 South Rand Road 162
31 Veridian 260
32 4 North Hickory Avenue 76
33 Dunshire 77
34 Sigwalt Street 80
37 Ellinwood 212
38 One Arlington Phase II 236
58 Residences at Pingree Creek 306
59 Deerbrook Shopping Center 246
60 Fox River Grove 300
Total Planned 2,866
66 Green Bay Trail 9067 Green Town Redevelopment 200
68 Allanson Road Townhomes 98
69 Cardinal Square - Building C 90
70 Karger Center 171
71 Mill Street & Route 47 196
72 355 Station Drive 60
73 Cary Senior Living 68
74 Crystal Village 88
75 Fox River Grove Phase III 176Source: Yardi Matrix2 mi
76 Hermosa Gardens of Crystal Lake 51
77 NWC Old Rand Road & Route 22 100
78 AT&T Campus 550
79 Plum Farms 100
80 Randall Road & Recreation Drive 280
81 Arlington 425 358
82 Dunhurst Plaza 55
85 Delamore, The 600
87 Meadow Square 115
108 Fox River Grove Phase II 200
109 Hawthorn Mall 600
Total Prospective 4,246
13
1617
15
29
6030
24
26
2527
5933
31
3832
37
34
28
58
74
7276 73
71
80
79 78
85
87
81
77
69
68
109
70
82
66 67
108 75
3
2
10
Lease-Up Under Construction Planned ProspectiveLEGEND
Suburban Chicago New Construction & Proposed Multifamily Projects 1Q19
a Berkshire Hathaway and Jefferies Financial Group company
Source: Yardi Matrix2 mi
ID PROPERTY UNITS1 Elan Yorktown 295
6 Marke, The 164
7 Marq on Main 202
8 Overture Yorktown 175
9 Burlington Station 89
11 Prairie Winds of St. Charles 250
Total Lease Up 1,175
14 Uptown 500 321
18 Covington Lexington Woods 236
19 Prairie Center 130
20 Village Place 216
21 1555 Ellinwood 113
Total Under Construction 1,016
35 DeKalb Commons 585
36 University Commons 187
39 Prairie Center Phase II 574
40 Woodmoor on Finley 288
41 Yorktown Phase II 78
42 Cantera 424
43 Cantera Residences 364
44 Kleinman Property 353
45 One North Washington Place 190
46 Winding Creek 201
47 Crescent, The 245
48 Cantera Residential 242
49 McDowell Point 174
50 Metro 59 Phase II 228
51 NEH II 68
52 Oak Brook 119
53 Reserve at Hudson Crossing 175
54 Sixteen30 284
56 Highlands of Lockport 240
57 Pointe, The 64
Total Planned 5,083
83 Mount Hunger Road 5084 Park Pointe 246
86 2200 East Devon Avenue 1,000
88 Oak Brook 85
89 Oak Brook Commons 280
90 Village Reserve 84
91 Lexington Trace Subdivision 110
92 Randall Oaks 261
93 Residences of Glen Ellyn 107
94 Main Street & Ogden Avenue 164
95 Autum Oaks 170
96 Civic Center Redevelopment 100
97 570 Colchester Drive 50
98 Wagner Farms Subdivision 312
Total Prospective 3,019
83 84
90
92
97
98
9194
93
96
95
89
88
8614
18
19
20
21
45
50
53
54
56 57
51
49 48
4243
47
40
4152
44
39
46
36 35
11
79
1
8
6
Lease-Up Under Construction Planned ProspectiveLEGEND
Suburban Chicago New Construction & Proposed Multifamily Projects 1Q19
a Berkshire Hathaway and Jefferies Financial Group company
Source: Yardi Matrix1 mi
ID PROPERTY UNITS12 Fountain Ridge 227
Total Lease Up 227
22 Market Square Phase II 50
23 Breeze Terrace 213
Total Planned 263
61 Highway 31 and Somers Road 24062 North Trails Subdivision 55
63 65th Avenue 100
64 Falls at Pine Creek, The 224
65 Springs at Kenosha Phase II 200
107 Parkview Commons 96
Total Prospective 915
64
63
62
61107
65
12
22
23
Lease-Up Under Construction Planned ProspectiveLEGEND
Suburban Chicago New Construction & Proposed Multifamily Projects 1Q19
a Berkshire Hathaway and Jefferies Financial Group company
Source: Yardi Matrix5 mi
ID PROPERTY UNITS
4 Promenade at Founders Square, The 304
5 Lake Park Senior 95
Total Lease Up 399
55 Boulevard at Central Station 66
Total Planned 66
99 Rock Run Crossing 600
100 Boulevard at Central Station Phase II 99
101 Carson Manor 50
102 Gary Manor 60
103 South Calumet Road & East Porter Avenue 62
104 Hobart Safe Haven 75
105 Wilson Street Multi - Family Devel-opment 100
106 Residence at Brookside Glen, The 144
Total Prospective 1,190
99
106
100
101
102
105
104
103
5
455
Lease-Up Under Construction Planned ProspectiveLEGEND
Suburban Chicago New Construction and Proposed Multifamily Projects
Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
1 Elan Yorktown 50 Yorktown Shopping Center Lombard IL 60148 Lease-Up 295 Lombard 08/01/2017 01/31/2020 08/29/2018
2 444 Social 444 Parkway Drive Lincolnshire IL 60069 Lease-Up 302 Buffalo Grove 11/01/2017 09/30/2019 07/02/2018
3 Watermark at the Grove SEC Carrington Drive & Randall Road Elgin IL 60124 Lease-Up 282 Carpentersville 06/30/2018 08/31/2019 03/21/2019
4 Promenade at Founders Square, The 2540 Promenade Way Portage IN 46368 Lease-Up 304 Gary - east 06/01/2017 08/31/2019 06/25/2018
5 Lake Park Senior 51 West 10th Street Hobart IN 46342 Lease-Up 95 Gary - south 08/01/2016 07/31/2019 05/01/2018
6 Marke, The 100 North Addison Avenue Elmhurst IL 60126 Lease-Up 164 Lombard 04/01/2018 04/30/2019 01/28/2019
7 Marq on Main 1040 Burlington Avenue Lisle IL 60532 Lease-Up 202 Naperville - east 01/13/2016 04/30/2019 03/23/2018
8 Overture Yorktown 55 Yorktown Shopping Center Lombard IL 60148 Lease-Up 175 Lombard 06/01/2017 04/30/2019 02/23/2018
9 Burlington Station 5100 Forest Avenue Downers Grove IL 60515 Lease-Up 89 Downers Grove 03/01/2017 04/30/2019 08/31/2017
10 One Wheeling Town Centre 351 West Dundee Road Wheeling IL 60090 Lease-Up 300 Arlington Heights 01/01/2018 03/31/2019 06/20/2018
11 Prairie Winds of St. Charles 2600 Prairie Winds Drive Saint Charles IL 60174 Lease-Up 250 St Charles 06/21/2017 03/31/2019 04/08/2018
12 Fountain Ridge 9130 83rd Street Pleasant Prairie WI 53158 Lease-Up 227 Kenosha - south 10/24/2016 03/31/2019 04/15/2017
Total Lease-Up 2,68513 Ogden Place Goodwin Drive & Reading Drive Oswego IL 60543 Under Construction 468 Yorkville 11/30/2018 12/31/2020
14 Uptown 500 501 West Dundee Road Wheeling IL 60090 Under Construction 321 Arlington Heights 12/08/2018 02/29/2020
15 Panton Mill Station 355 North La Fox Street South Elgin IL 60177 Under Construction 100 Elgin 12/01/2018 01/31/2020
16 Springs at Oswego, The 5th Street & Yoakum Blvd Oswego IL 60543 Under Construction 280 Yorkville 01/31/2019 01/31/2020
17 20 West 20 West Northwest Hwy Mt. Prospect IL 60056 Under Construction 73 Mt Prospect 12/01/2018 12/31/2019
18 Covington Lexington Woods 140 East River Road Des Plaines IL 60016 Under Construction 236 Mt Prospect 02/27/2018 12/31/2019
19 Prairie Center 2067 Prairie Street St. Charles IL 60174 Under Construction 130 St Charles 09/30/2018 11/30/2019
20 Village Place 20525 Normantown Road Romeoville IL 60446 Under Construction 216 Romeoville 06/01/2017 08/31/2019
21 1555 Ellinwood 1555 Ellinwood Avenue Des Plaines IL 60016 Under Construction 113 Mt Prospect 06/30/2018 07/31/2019
Total Under Construction 1,93722 Market Square Phase II 3100 Market Lane Kenosha WI 53144 Planned 50 Kenosha - north
23 Breeze Terrace 116th Avenue & Corporate Drive Pleasant Prairie WI 53158 Planned 213 Kenosha - south
24 Station Square 400 Lake Street Libertyville IL 60048 Planned 80 Mundelein
25 First Street 1702 1st Street Highland Park IL 60035 Planned 50 Highland Park - Libertyville
26 Green Bay Road 440 Green Bay Road Highwood IL 60040 Planned 52 Highland Park - Libertyville
27 Solo Cup Redevelopment 1700 Old Deerfield Road Highland Park IL 60035 Planned 501 Highland Park - Libertyville
28 Harnish Drive Senior Living Harnish Drive & South Randall Road Algonquin IL 60102 Planned 160 Crystal Lake
29 Woodlore Estates NEC State Route 31 & State Route 176 Crystal Lake IL 60014 Planned 68 Crystal Lake
30 South Rand Road 225 South Rand Road Lake Zurich IL 60047 Planned 162 Buffalo Grove
31 Veridian 1303 East Algonquin Road Schaumburg IL 60196 Planned 260 Palatine
Suburban Chicago New Construction and Proposed Multifamily Projects
Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
32 4 North Hickory Avenue 4 North Hickory Avenue Arlington Heights IL 60004 Planned 76 Arlington Heights
33 Dunshire 370 West Dundee Road Wheeling IL 60089 Planned 77 Arlington Heights
34 Sigwalt Street NEC South Chestnut Avenue & West Sigwalt Street Arlington Heights IL 60005 Planned 80 Arlington Heights
35 DeKalb Commons East Lincoln Hwy & North Peace Road DeKalb IL 60115 Planned 585 DeKalb
36 University Commons Lincoln Hwy & Pearl Street DeKalb IL 60115 Planned 187 DeKalb
37 Ellinwood 1415 Ellinwood Avenue Des Plaines IL 60016 Planned 212 Mt Prospect
38 One Arlington Phase II 3400 West Euclid Avenue Arlington Heights IL 60005 Planned 236 Mt Prospect
39 Prairie Center Phase II 2067 Prairie Street St. Charles IL 60174 Planned 574 St Charles
40 Woodmoor on Finley 1S601 Finley Road Lombard IL 60148 Planned 288 Lombard
41 Yorktown Phase II 2233 South Highland Avenue Lombard IL 60148 Planned 78 Lombard
42 Cantera 28301 Ferry Road Warrenville IL 60555 Planned 424 Batavia
43 Cantera Residences NWC Ferry Road & Winfield Road Warrenville IL 60555 Planned 364 Batavia
44 Kleinman Property SEC Albright Street & State Route 59 Warrenville IL 60555 Planned 353 Batavia
45 One North Washington Place 121 East Wilson Street Batavia IL 60510 Planned 190 Batavia
46 Winding Creek SWC Hawks Drive & North Randall Road Batavia Township IL 60510 Planned 201 Batavia
47 Crescent, The Crescent Blvd & Prospect Avenue Glen Ellyn IL 60137 Planned 245 Wheaton
48 Cantera Residential NWC Diehl Road & Winfield Road Warrenville IL 60555 Planned 242 Naperville - west
49 McDowell Point Diehl Road & Raymond Street Naperville IL 60563 Planned 174 Naperville - west
50 Metro 59 Phase II 1016 Station Blvd Aurora IL 60504 Planned 228 Naperville - west
51 NEH II 310 West Martin Avenue Naperville IL 60540 Planned 68 Naperville - west
52 Oak Brook 2100 York Road Oak Brook IL 60523 Planned 119 Downers Grove
53 Reserve at Hudson Crossing NEC South Adams Street & Washington Street Oswego IL 60543 Planned 175 Yorkville
54 Sixteen30 NEC South Morgan Lane & Wallin Drive Plainfield IL 60544 Planned 284 Bolingbrook
55 Boulevard at Central Station 6701 South Street Tinley Park IL 60477 Planned 66 Orland Park
56 Highlands of Lockport West 143rd Street & Archer Avenue Lockport IL 60441 Planned 240 Orland Park
57 Pointe, The NWC West 143rd Street & SW Hwy Orland Park IL 60462 Planned 64 Orland Park
58 Residences at Pingree Creek 1551 Reinking Road Elgin IL 60120 Planned 306 Outlying Kane County
59 Deerbrook Shopping Center SWC Lake Cook Road & Waukegan Road Deerfield IL 60015 Planned 246 Highland Park - Libertyville
60 Fox River Grove Algonquin Road & Lincoln Avenue Fox River Grove IL 60021 Planned 300 Crystal Lake
Total Planned 8,27861 Highway 31 and Somers Road SWC Green Bay Road & Somers Road Somers WI 53144 Prospective 240 Kenosha - north
62 North Trails Subdivision 1932 22nd Avenue Kenosha WI 53140 Prospective 55 Kenosha - north
Suburban Chicago New Construction and Proposed Multifamily Projects
Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
63 65th Avenue 10529 65th Avenue Pleasant Prairie WI 53158 Prospective 100 Kenosha - south
64 Falls at Pine Creek, The 67th Street & 70th Court Kenosha WI 53142 Prospective 224 Kenosha - south
65 Springs at Kenosha Phase II 12742 71st Street Kenosha WI 53142 Prospective 200 Bristol
66 Green Bay Trail 61 North Green Bay Road Waukegan IL 60085 Prospective 90 Waukegan
67 Green Town Redevelopment SWC South Sheridan Road & Washington Street Waukegan IL 60085 Prospective 200 Waukegan
68 Allanson Road Townhomes 700 Allanson Road Mundelein IL 60060 Prospective 98 Mundelein
69 Cardinal Square - Building C 300 Anthony Avenue Mundelein IL 60060 Prospective 90 Mundelein
70 Karger Center 1850 Green Bay Road Highland Park IL 60035 Prospective 171 Highland Park - Libertyville
71 Mill Street & Route 47 NWC Mill Street & Route 47 Huntley IL 60142 Prospective 196 Huntley - Woodstock
72 355 Station Drive 355 Station Drive Crystal Lake IL 60014 Prospective 60 Crystal Lake
73 Cary Senior Living SWC Feinberg Drive & Three Oaks Road Cary IL 60013 Prospective 68 Crystal Lake
74 Crystal Village 110 West Woodstock Street Crystal Lake IL 60014 Prospective 88 Crystal Lake
75 Fox River Grove Phase III Algonquin Road & Lincoln Avenue Fox River Grove IL 60021 Prospective 176 Crystal Lake
76 Hermosa Gardens of Crystal Lake 4202 Three Oaks Road Cary IL 60013 Prospective 51 Crystal Lake
77 NWC Old Rand Road & Route 22 South Old Rand Road & State Route 22 Lake Zurich IL 60047 Prospective 100 Buffalo Grove
78 AT&T Campus 2000 West AT&T Center Drive Hoffman Estates IL 60192 Prospective 550 Carpentersville
79 Plum Farms NWC West Higgins Road & Sutton Road Hoffman Estates IL 60192 Prospective 100 Carpentersville
80 Randall Road & Recreation Drive Randall Road & Recreation Drive West Dundee IL 60118 Prospective 280 Carpentersville
81 Arlington 425 225 West Campbell Street Arlington Heights IL 60005 Prospective 358 Arlington Heights
82 Dunhurst Plaza 901 West Dundee Road Wheeling IL 60090 Prospective 55 Arlington Heights
83 Mount Hunger Road North Main Street & Mt. Hunger Road Sycamore IL 60178 Prospective 50 DeKalb
84 Park Pointe SWC Middle Street & Route 25 Bartlett IL 60120 Prospective 246 Elgin
85 Delamore, The NEC Barrington Road & Boardwalk Blvd Hoffman Estates IL 60169 Prospective 600 Schaumburg
86 2200 East Devon Avenue 2200 East Devon Avenue Des Plaines IL 60018 Prospective 1000 Mt Prospect
87 Meadow Square SEC Kirchoff Road & Meadow Drive Rolling Meadows IL 60008 Prospective 115 Mt Prospect
88 Oak Brook 1900 Spring Road Oak Brook IL 60523 Prospective 85 Lombard
89 Oak Brook Commons 22nd Street & Spring Road Oak Brook IL 60523 Prospective 280 Lombard
90 Village Reserve NWC Ford Drive & Herrington Blvd Geneva IL 60134 Prospective 84 Elbum
91 Lexington Trace Subdivision SWC Butterfield Road & State Route 59 Warrenville IL 60555 Prospective 110 Batavia
92 Randall Oaks Miller Drive & Randall Road North Aurora IL 60542 Prospective 261 Batavia
93 Residences of Glen Ellyn 400 North Main Street Glen Ellyn IL 60137 Prospective 107 Wheaton
94 Main Street & Ogden Avenue SEC Main Street & Ogden Avenue Lisle IL 60532 Prospective 164 Naperville - east
Suburban Chicago New Construction and Proposed Multifamily Projects
Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
95 Autum Oaks Jorie Blvd & Kensington Road Oak Brook IL 60523 Prospective 170 Downers Grove
96 Civic Center Redevelopment 801 Burlington Avenue Downers Grove IL 60515 Prospective 100 Downers Grove
97 570 Colchester Drive 570 Colchester Drive Oswego IL 60543 Prospective 50 Yorkville
98 Wagner Farms Subdivision 103rd Street and Route 59 Naperville IL 60564 Prospective 312 Bolingbrook
99 Rock Run Crossing NEC Interstate 55 & Interstate 80 Joliet IL 60431 Prospective 600 Joliet
100 Boulevard at Central Station Phase II 6701 South Street Tinley Park IL 60477 Prospective 99 Orland Park
101 Carson Manor East 136th Street & Guthrie Street East Chicago IN 46312 Prospective 50 Gary - west
102 Gary Manor 1064 Jefferson Court Gary IN 46402 Prospective 60 Gary - west
103 South Calumet Road & East Porter Avenue South Calumet Road & East Porter Avenue Chesterton IN 46304 Prospective 62 Gary - east
104 Hobart Safe Haven SEC Mississippi Street & Silverstone Pkwy Hobart IN 46410 Prospective 75 Gary - south
105 Wilson Street Multi - Family Development 8200 Wilson Street Merrillville IN 46410 Prospective 100 Gary - south
106 Residence at Brookside Glen, The South 80th Avenue & West 191st Street Mokena IL 60448 Prospective 144 Outlying Will County
107 Parkview Commons 12th Street & 88th Avenue Kenosha WI 53144 Prospective 96 Kenosha - north
108 Fox River Grove Phase II Algonquin Road & Lincoln Avenue Fox River Grove IL 60021 Prospective 200 Crystal Lake
109 Hawthorn Mall Milwaukee Avenue & E Townline Road Vernon Hills IL 60061 Prospective 600 Buffalo Grove
Total Prospective 9,370
TOTAL SUBURBAN CHICAGO 22,270