Ohio-based owner and developer of single-story apartment homes, Redwood Living, Inc., will welcome residents to its first neighborhood in Illinois this summer.
Construction is underway for Redwood Lockport, a brand-new neighborhood that will feature 112 single-story apartment homes ranging in size from 1,294-1,620 square feet.
Redwood will begin pre-leasing for the new neighborhood in June, and the first residents are expected to move in by August. Monthly rent will start around $2,100.
“We could not ask for a better place to welcome our first Chicagoland Redwood Neighborhood,” said Steve Kimmelman, CEO and executive chairman of Redwood. “Lockport is a city with a rich history but also a strategic vision for the future. We are thrilled to offer residents a new take on apartment living coupled with our unmatched ability to exceed expectations at every stage of the rental process.”
Redwood’s signature design offers the feel of a single-family home, thanks to its single-story, open floor plans, attached garages and private entrances with dedicated street addresses. Each of the six different floor plans available at Redwood Lockport will include two bedrooms and two bathrooms along with a two-car attached garage.
Residents can also expect:
Redwood Lockport is located at 17215 Juniper Drive. The neighborhood is ideally situated with nearby retail and recreation options along with convenient highway access. Interested prospective residents can get all leasing information, contact the team and pre-lease on the Redwood Lockport website.
Looking ahead, Redwood is eyeing major expansion across the region.
“We have the potential to add as many as 3,000 apartment homes across Chicagoland over the next five years,” said Kevin Kwiatkowski, Chief Acquisitions Officer. “Construction will commence on our neighborhoods in Oswego and Volo next, and we look forward to sharing details about those locations and more in the coming months.”
Follow along with all of Redwood's growth on the Redwood Investor Blog, or by getting in touch with our team.
Interested in an investment opportunity with Redwood but not sure which deal is the right fit for you? Fill out a contact form or schedule an introductory call to work directly with our dedicated Investor Relations team.
© All Rights Reserved.
NOTICE: By viewing this site and any of the site’s pages, you acknowledge you have read and agree to the Notices and Disclaimers. This site is intended and suitable only for accredited investors (see Notices and Disclaimers). This site is operated by Redwood Living, Inc. (“Redwood”). Redwood does not give investment advice, endorsement, analysis or recommendations with respect to any securities.