CHICAGO, Feb. 8, 2022 – JLL Capital Markets announced that it has closed the sale of Ellyn Crossing, a 1,155-unit,  garden-style workforce housing apartment community located in Glendale Heights, Illinois, marking the largest deal to ever trade in a Chicago suburb.

JLL represented the seller, Rockwell Property Co., in facilitating the sale to Turner Impact Capital, a leading real estate investment firm dedicated to social impact.

Spanning 31 buildings across 45 acres, Ellyn Crossing currently consists of 678 unrenovated homes, 80 partially renovated homes and 397 renovated homes. Unrenovated units feature laminate countertops, white appliances and light brown cabinets, and renovated homes offer laminate countertops with varying finishes, wood-style plank flooring, designer tile backsplash, ceiling fans and black appliances. Community amenities include a fitness center, resident clubhouse, resort-style swimming pool, laundry rooms, park, a tennis court and business center.

Located at 440 Gregory Ave., the location of the community allows residents to have easy access to top employers, offering convenient drive-times to both the Golden Corridor in Schaumburg and the Industrial Superhighway along I-88. The community offers connectivity to Chicago as well, with proximity to two Metra stations within five miles.  The property is also just 11 miles northeast of the Elk Grove Village Business Park, the largest industrial park in the U.S., and proximate to eight award-winning hospitals. Additionally, Ellyn Crossing provides easy accessibility to highways, including I-355, I-290, I-88 and the Chicago Loop, and is close to both DuPage Airport and O’Hare International Airport.

The JLL Capital Markets Sales and Advisory team was led by Senior Director Kevin Girard and Senior Managing Director Marty O’Connell.