Carol Stream
REAL ESTATE
New Residential Development Coming to Corner of Weber Road & 135th Street
The land at the southeast corner of Weber Road and 135th Street will soon be transformed into the newest Romeoville neighborhood and be shared by young and old alike. The plan calls for a senior living center and Class A garden style apartments. Buildings will use color and quality finishes in a contemporary architectural style with post-modern influences: flat roofs, varying parapet heights, arched entrances, and black window frames. The structures will be anchored by limestone and different colored masonry. There will be a host of amenities in this development, including three ponds, a 7,500 square foot clubhouse, outdoor pool, dog park, five butterfly gardens, plenty of native plants, and infrastructure for electric charging stations.
Inland Takes Chicago Retail-Focused DST Full-Cycle, Delivers 1.75x Equity Multiple to Investors
Real estate investment manager Inland Private Capital Corporation has sold a retail property currently leased to Best Buy and Golf Galaxy in Downers Grove, Ill., a southwest suburb of Chicago. Inland facilitated the sale of the property on behalf of Downers Grove Retail DST, one of Inland Private Capital’s 1031 investment programs.
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