TGM Acquires Seventh Multifamily Neighborhood in Chicago Market With Acquisition of 295-Unit TGM Retreat at Danada in Wheaton, Illinois

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TGM Acquires Seventh Multifamily Community in Chicago Market With Acquisition of 295-Unit TGM Retreat at Danada in Wheaton, Illinois

CHICAGO, IL – TGM announced the acquisition of TGM Retreat in Danada, a 295 unit primarily townhouse style community in Wheaton, IL.

The property was built in 1997 and offers one, two and three bedroom apartments on one or more levels. The defining features of this urban housing community include the average living space of 1,200 square feet, private entrances, garages with direct access for one or two cars, and the prime location with convenient access to shopping, entertainment, and key work centers that renters demand today. The property offers low density living with attractive amenities such as a newly renovated clubhouse, well-equipped sports club, resort-style swimming pool and pet spa.

The TGM Retreat at Danada is conveniently located just a few miles from I-88 East-West Tollway, with over 40 million square feet of high quality office space used by a diverse group of Fortune 500 companies. Less than 30 miles west of Chicago and a short drive from Wheaton Metra Station, residents benefit from a lower cost of living and a hassle-free commute. In addition to being within easy reach of a number of major employment centers, the prime location on the corner of Butterfield Road and Naperville Roads also provides residents with unique walking access to a variety of retail outlets. TGM Retreat at Danada residents are within easy walking distance of a variety of retail stores including Whole Foods, Aldi, Starbucks, Pete & # 39; s Fresh Market and several fast-casual restaurants in adjacent shopping centers.

“TGM Retreat at Danada is located in the highly desirable city of Wheaton, which is a high barrier to entry into the submarket with a solid employment base, nationally rated schools, and excellent access to the suburbs and downtown Chicago. Wheaton, the county seat of DuPage County, is a vibrant and engaging community serving a wide variety of lifestyles, as evidenced by Money Magazine's award as one of the & # 39; Best Places to Live & # 39; said Zach Goldman, TGM's Managing Principal and Chief Operating Officer. TGM Retreat at Danada is managed by TGMs' real estate management company.

Source: TGM

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