1300 Jefferson Street Des Plaines Il 60016

1300 Jefferson Street is a 16-unit boutique apartment community located in the heart of Downtown Des Plaines, Illinois. Redeveloped in 2022 through a comprehensive residential conversion, the property features oversized two- and three-bedroom floor plans with condo-quality finishes, elevator access, in-unit laundry, and abundant on-site parking. Ideally situated within walking distance of the Des Plaines Metra station, restaurants, retail, and everyday services, the Property offers residents a highly walkable suburban downtown living experience.

The Property has achieved stabilized occupancy and benefits from a demonstrated operating history, limited near-term capital expenditure requirements, and a known property tax burden. Investors are presented with the opportunity to acquire a turnkey multifamily asset that combines durable in-place cash flow with achievable modest revenue growth upside through future lease rollovers and continued rent optimization.

Opportunities to acquire newer-generation multifamily assets of this quality and scale are exceptionally limited within the Northwest suburban market. The Property is ideally suited for investors seeking stable cash flow, capital preservation, and long-term appreciation through ownership of a differentiated apartment asset, rather than a traditional value-add execution strategy. Supported by a desirable downtown location, limited future capital requirements, and demonstrated operating performance, 1300 Jefferson Street offers a compelling long-term investment opportunity.