Coming Soon
Estimated Close: Q3 2026

About this Project

Redwood Round Lake South Arden Lane IL P1 LLC will deliver 138 apartment homes to Round Lake, Illinois, within the rapidly growing Chicago metro. This thoughtfully designed neighborhood will feature Redwood’s signature single‑story apartment homes, offering one‑ to three‑bedroom floor plans with one to three bathrooms and private, two‑car attached garages.

Homes will include spacious eat‑in kitchens with full pantries, open layouts with vaulted ceilings, large closets, washer and dryer hookups, upgraded finishes, and private entries—providing the comfort and feel of a single‑family home with the convenience of professional management. Residents will enjoy green‑centric landscaping, pet‑friendly living, and an attentive on‑site management and maintenance team.

The project is planned as a single-phase, with an estimated 38 month timeline to stabilization, positioning Redwood Round Lake as a compelling new build‑to‑rent community in a high‑demand suburban market.

Offering Details:

• Total Units: 138
• Estimated Equity Required: $13,100,000
• Minimum Investment: $100,000
• Preferred Pay Rate: 10%
• Distribution Schedule: Quarterly

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