Class A Asset in Booming Chicago Submarket, 19% Projected IRR

Seize this rare opportunity to acquire Welkin Apartments, a newly built (2022), 97.1% stabilized, Class A mixed-use property in Des Plaines, Illinois, just 10 minutes from O’Hare International Airport and steps from Metra transit. This 212-unit, 7-story mid-rise includes premium retail space, 409 parking spots, and is located in a high-demand submarket with just 3.8% vacancy and minimal new supply. With a projected 5-year IRR of 19.08% and average cash yield of 6.33%, this asset is built to deliver steady returns and long-term growth in one of the nation’s most resilient rental markets.

Don’t miss your chance to own a cash-flowing, transit-oriented trophy asset in one of Chicago’s strongest submarkets. Secure your position today, contact us to review the full investor package.