Property Overview

Interra Realty has been exclusively engaged to market for sale The Haven at Highland Apartments located at 2001-2037 South Highland Avenue in Lombard, IL. Formerly an extended-stay hospitality property, the community has been converted into apartments with a unit mix of one hundred and eight (108) studio units and thirty-six (36) two-bedroom loft-style apartments. Leasing began in May 2024, and the property is approximately 80% occupied, with units leased on a rolling basis as each building received municipal occupancy certification.

Current ownership successfully rezoned the property to multifamily and implemented significant capital improvements. Interior upgrades include new mechanical, electrical, and plumbing systems, new split-unit A/C systems, smart locks on unit and common area doors, and fresh finishes throughout. Exterior enhancements feature a renovated clubhouse, updated roofing, improved parking, and refreshed landscaping. New on-site laundry and fitness facilities further elevate the resident experience.

With extensive renovations complete and strong leasing momentum in place, The Haven at Highland represents a rare opportunity to acquire a stabilized, professionally upgraded asset in the heart of Lombard—one of Chicago’s most accessible and desirable suburban markets.

Highlights

  • Market Differentiated Newer Vintage Asset Built in 1987
  • Rarely Available DuPage County Asset
  • High Demand Rental Market in I-88 Corridor
  • Extensive Completed Capital Improvements
  • Strong Lease-Up Momentum

Key Details

Sale Price
$31,000,000
Number of Units
One Hundred Forty-Four (144)
Submarket
DuPage County