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IllinoisMultifamily

One Oak Brook Commons achieves 50 percent leased

June 28, 2022
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One Oak Brook Commons, a new, luxury rental community, has surpassed the 50% leased milestone. The upscale 17-story, 250-unit apartment building is located at 2150 McDonald Drive in the heart of downtown Oak Brook, Illinois and offers studio to three-bedroom penthouse floor plans. 

Designed by Antunovich Associates and developed by Hines, One Oak Brook Commons is Oak Brook’s first luxury rental residential building. The high-rise sits at the center of Oak Brook Commons, a new mixed-use community featuring its own expansive selection of restaurants, retail, creative office space, medical office space, and a vibrant new park called “The Pitch”.  

All 250 units feature high-end modern finishes, including quartz countertops, under-cabinet lighting, wide-plank flooring and walk-in closets with modular systems. The development also offers residents downtown-quality community amenities, including an elevated pool deck, club-style fitness center, party room, indoor sports lounge with a golf simulator, and dog run. 

First move-ins occurred in January 2022. Today pricing for one-bedroom units starts at $1,995 per month. Two-bedroom unit pricing begins at $2,995 per month, while limited three-bedroom units are available starting at $5,495 per month. 

Potential renters also have the opportunity to take advantage of exclusive lease incentives on select units. 

The team responsible for bringing One Oak Brooks Commons to market is composed of the development team at Hines, management support from Willowick Residential, as well as leasing and marketing expertise from Luxury Living Chicago Realty.

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