Inland Real Estate Acquisitions has purchased Wheaton 121, a 306-unit multifamily property in Wheaton, Ill., an affluent suburb located approximately 25 miles west of Chicago.
Wheaton 121, located at 121 N. Cross St., comprises five studio, 217 one-bedroom, 80 two-bedroom, and four three-bedroom units. The property boasts a number of luxury amenities including a resort-style pool, a 24-hour fitness room and a bocce ball court. Residents also have access to a heated garage with six EV charging stations.
“Wheaton 121 is another example of the opportunities Inland seeks in multifamily,” said Mark Cosenza, senior vice president of Inland Acquisitions. “This community is ideally located, offering residents a number of amenities and convenient accessibility to surrounding suburbs and the city of Chicago.”
The property is steps from downtown Wheaton, offering efficient access to the Metra and downtown Wheaton’s dining and entertainment district. Target, Maria