Cushman & Wakefield brokered the sale of Springs at Oswego, a 280-unit apartment community in Oswego, Illinois, one of Chicago’s fastest-growing western suburbs.
Cushman & Wakefield’s Brad Smith and Jack Maloney represented the seller, Continental Properties, a national developer and operator of multifamily, retail and hospitality properties. The buyer was Oak Brook, Illinois-based JVM Realty.
Located at 801 Fifth St., and originally developed in 2019, Springs at Oswego comprises 14 two-story residential buildings situated on 27.5 acres. The townhome-style community offers studio, one-, two- and three-bedroom floorplans ranging from 623 to 1,430 square feet. Amenities include private patios or balconies, a resort-style swimming pool, outdoor grilling areas, a state-of-the-art fitness center, clubhouse, attached and detached garage options, a pet play area, and landscaped walking paths with convenient access to nearby retail destinations.
