1425 Ellinwood Avenue

Des, Plaines, Illinois
Address: Des Plaines, IL 1425 Ellinwood Partners, LLC
Total Project Cost: $71,400,000
Size: 378,525 sf /212 Units / Ground Up Luxury Apartments
JV Partner: DV Des Plaines LLC 50% Member

A luxury residential apartment project located in the Downtown Business District of Des Plaines, IL.

The project is a transit-oriented development directly across the street from the Metra Northwest Train Line with express access to downtown Chicago (20-minute ride) creating an opportunity for residents to leave their cars at home for travel outside of the neighborhood or commute to work. The residential apartments consist of 212 luxury rental units with a wide array of amenities unmatched in local suburban rental markets. Some of the amenities consist of a large outdoor swimming pool, cabanas, club room, gym, co-working suites, game lawn, dog run, and grilling stations.

The project also has a 2-level parking garage with 409 parking spaces. The ground floor of the development has approximately 10,682 sq. ft. of purpose-built retail space. Total enclosed amenity area equals 9,587 sq. ft. Total project consists of 378,525 sq. ft. of ground-up construction.

The development site is an assemblage of 8 different properties / tracts of land giving a total of 1.903 acres for this new infill development. The project is scheduled for completion and occupancy second quarter 2022.

Welkin Apartments

We are currently leasing at 30% leased