Dwell at Naperville
400 Units, built in 1997.
Dwell at Naperville, located at 1995 Yellowstone Drive, in Naperville, Illinois consists of 400 apartment homes. Dwell is made up of one- and two-bedroom apartments averaging 903 square feet. The property was constructed in 1997 and is situated on 24.3 acres. There are 20 garden-style apartment buildings and one clubhouse with leasing office. Only 30 miles outside downtown Chicago, Dwell is in a superb submarket with strong employment, accessibility to other suburbs, and highly ranked schools.
The property features a clubhouse, fitness center, outdoor swimming pool, and café and lounge. First floor units have nine-foot ceilings with crown molding, open kitchens with breakfast bars, and select units have direct garage access. Select second and third floor units have vaulted ceilings and fireplaces. Redwood plans to continue upgrading the original remaining unit interiors as well as address deferred maintenance items such as the roof and parking lot replacement. Additionally, Redwood plans to enhance the property’s amenity package by adding an elaborate outdoor kitchen near the pool area and an off-leash dog park and dog spa.
Dwell at Naperville is located in the best suburban submarket in all of Chicagoland. Naperville is considered one of the most affluent, safest, and highest-quality cities in the country. With easy access to I-88, western Chicago’s primary employment corridor, residents are minutes away from major employers such as Navistar, Caterpillar, BMO Harris, BP, Alcatel, and Nestle. The property is also near prominent retail and entertainment such as the Route 59 corridor, downtown Naperville, Cantera, and Danada Farms. Residents also have efficient access to downtown Chicago via the Naperville Metro Station just two miles from the property. Upon acquisition, Redwood re-branded the property from Lincoln at the Parks to Dwell at Naperville.