Park Colony Apartments

9127 Potter Road, Des Plaines IL

Purchased in 2010, Park Colony Apartments (PC) is a 240 unit complex in Des Plaines, IL. Built in 1965, PC has been extensively renovated including the addition of a clubhouse and new pool in 2013. The property is located just minutes from the I-294/Dempster 4-way Interchange, which allows for convenient access to O’Hare International Airport, the Rosemont office market, and Downtown Chicago via I-94.

Team Members: Greg Moyer, Jeffrey Annenberg, David Nankin

Purchased:  5/13/2010
Sold:  12/18/2014
Investor IRR 25.06
MOIC 2.32


Des Plaines, Illinois