Overview
Woodland Ridge Apartments
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Woodland Ridge Apartments

Woodridge, IL

Fund:

Auerbach Opportunity Fund I, L.P.

Type:

Residential/Multi-Family

Size:

216,800 SF, 304 units

Key Tenants/Features:

Address:

3421 Foxboro Drive, Woodridge, IL 60517

Description:

Woodland Ridge Apartments consists of 6 two-story apartment buildings and a 3,000 square-foot clubhouse and activity center. There are 460 surface parking spaces on 32 ½ acres.  The asset is located 20 miles southwest of Chicago, accessible to I-355, a major north/south artery which is located approximately 1.6 miles to the east of the asset.  There are significant amenities and shopping along I-355, including the Promenade Bolingbrook, a 750,000 square-foot open-air shopping center, an IKEA Home Furnishings Store, a Costco and a Meijer grocery center.  Approximately 5 miles south of the property, along I-55, is a major employment corridor.  Just to the west of the property is the 1,400-acre Greene Valley Forest Preserve offering 12 miles of marked trails, picnic shelters, a youth-group campground, a 190-foot scenic overlook and more.

The property has been undergoing major renovations to both interiors and exteriors. As of June 2018, the asset has finished renovations on the clubhouse and pool areas and performed full renovations on a considerable number of units.

Property Features:

  • Clubhouse with Game Room Entertainment and WiFi
  • Cyber Café with Apple Computers
  • Grilling Stations
  • Outdoor Fireplace
  • Fire Pit with Lounging Areas
  • Clubroom with Full Kitchen
  • New Fitness Center with Precor™ Equipment
  • Coffee Bar by Starbucks™
  • 24hr Fitness Center
  • On-Site Dog Park
  • Heated Outdoor Swimming Pool

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