Fox Valley Villages (Sold)

Moran & Company is pleased to announce an exclusive listing for the sale of Fox Valley Villages, a 420 unit luxury apartment community prominently located at the intersection of Ogden Avenue and Eola Road in Aurora, Illinois. Fox Valley Villages, a condominium quality community in the best apartment submarket in the Chicago MSA, benefits from a prime location directly south of I-88 (the Illinois Research and Development Corridor) and just minutes from Route 59. Served by Naperville's nationally recognized School District 204 and given its close proximity to the offices of numerous Fortune 500 companies along I-88, as well as the strengthening local economy, expanding job base, and convenient access to express train service to downtown Chicago, Fox Valley Villages is one of the premier rental communities in DuPage County.

Fox Valley Villages’ unique loft style apartment units, new clubhouse, and recent exterior upgrades have made this community particularly popular among couples, roommates, families and singles seeking the flexibility offered by its unique, two story, luxury floorplans, including the ability to create a separate work area within their apartment homes. In an apartment market that is stronger today than at any other time in the last five years, the opportunity to increase returns through a value-add program makes Fox Valley Villages the best investment opportunity currently on the market in the Chicago MSA. Fox Valley Villages is being offered on an "as is, where is" basis for $46,500,000, or $110,714 per unit.

If you would like to discuss this offering in depth, please contact Pete Evans or Tom Moran at 312-407-6700. Thank you for evaluating this investment opportunity.