Waterton acquires 310-unit Avant at the Arboretum in Lisle, Illinois for $77.5M ($250K/unit) from JVM Realty

  • 9/12/2024

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Waterton has acquired Avant at the Arboretum, a 310-unit apartment complex in the Chicago suburb of Lisle. The purchase price was undisclosed. Located at 450 Warrenville Road, the property is situated steps from the 1,700-acre Morton Arboretum and proximate to I-88 and I-355. Built in 2013, the four-story community features a mix of one- and two-bedroom floor plans. Amenities include an outdoor pool, grilling stations, a fitness center, clubroom, theater room, game lounge and dog park. Avant at the Arboretum includes a structured parking garage with 314 spaces as well as a surface lot to accommodate 193 vehicles.

Waterton
Matthew Masinter | EVP, Acquisitions-MF

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