The Apartments at XXI

21 Kristin Drive Schaumburg, IL 60195

Schaumburg
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Sep 19, 2023

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Highlights

  • 430,000 SF | 357 UNITS
  • FULLY RENOVATED (2022 / 2023) REFLECTED IN THE HIGH OCCUPANCY
  • DESIRABLE MIX OF 1, 2, & 3 BEDROOM APARTMENTS
  • ON-SITE AMENITIES: RESORT STYLE SWIMMING POOL, FITNESS CENTER, LIBRARY, CONFERENCE ROOMS & BUSINESS CENTER, THEATER ROOM, TENNIS COURT, PRIVATE BALCONIES, & SURFACE/GARAGE PARKING
  • PERFECTLY SITUATED TO FULFILL EVERYDAY ACTIVE LIVING ASPIRATION, 15-MINUTE WALKING DISTANCE FROM RESTAURANTS, SHOPS, DEALERSHIPS, GROCERY STORES & PARKS
  • STRATEGICALLY LOCATED IN CLOSE PROXIMITY TO CHICAGO'S MAJOR FORTUNE 500 EMPLOYERS SUCH AS: JP MORGAN CHASE, UNIVERSITY OF CHICAGO, UNITED CONTINENTAL HOLDINGS, WALGREENS, ABBOTT LABORATORIES, NORTHWESTERN MEMORIAL HEALTHCARE, ALLSTATE, AMERICAN AIRLINES, NORTHERN TRUST COMPANY, ZURICH INSURANCE GROUP (HQ) & MANY MORE...
  • AFFLUENT NEIGHBORHOOD: AVERAGE INCOME $133k+ IN 5-MILE RADIUS

Description

Jonna Group is proud to present The Apartments at XXI, a premier residential complex situated in the picturesque city of Schaumburg, Illinois, a 30-minute drive from Downtown Chicago. The Apartments at XXI present an excellent investment opportunity. The property's proximity to Chicago and its thriving surroundings makes it highly appealing to potential tenants and investors. The demand for high-quality residential properties in this area is steady, ensuring a potentially stable and attractive return on investment.

Schaumburg | Illinois


Year Built: 1980
Building Size: 430000sq ft
Lot Size: 13.39 acres

Map of 21 Kristin Drive, Schaumburg, IL, 60195

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.