The Apartments at XXI, a Class A, 357-unit apartment building in Schaumburg, IL, presents a compelling investment opportunity. Built in 1980 and fully renovated in 2023, this fee-simple property boasts a desirable mix of one, two, and three-bedroom units. Residents enjoy an array of on-site amenities including a resort-style swimming pool, fitness center, library, conference rooms, business center, theater room, tennis court, private balconies, and surface/garage parking. Its convenient location offers easy access to restaurants, shops, and parks within a 15-minute walk, catering to an active lifestyle. Furthermore, its proximity to major Fortune 500 employers in Chicago, including JP Morgan Chase, Walgreens, and Abbott Laboratories, ensures high demand and a strong tenant pool. The affluent neighborhood, with an average income exceeding $133,000 within a five-mile radius, contributes to the property's exceptional investment potential. This prime location, coupled with the extensive recent renovations and desirable amenities, makes The Apartments at XXI an attractive asset in the competitive Chicago-area multifamily market. The property is situated at 21 Kristin Dr, Schaumburg, IL 60195, in Cook County.
Property Features for 21 Kristin Dr
General Information
Property type
Multifamily properties
Class
A
Building Details
Year Built/Renovated
1980/2023
Units
357
HighLights
Completely renovated in 2022 and 2023, resulting in high occupancy.
Mix of one-, two-, and three‑bedroom apartment units.
Resort‑style amenities including a swimming pool, fitness center, library, conference rooms, business center, theater room, tennis court, private balconies, and surface/garage parking.
Walkable location (15 minutes) to restaurants, shops, dealerships, grocery stores, and parks.
Near major Chicago employers including JP Morgan Chase, University of Chicago, and others.
Affluent neighborhood with average income exceeding $133,000 within a 5‑mile radius.
Multifamily property - 357 Units, Fully Renovated, Prime Location
Where is this multifamily property located?
The property is located at 21 Kristin Dr Schaumburg, IL.
What are key features of this property?
This property features: Completely renovated in 2022 and 2023, resulting in high occupancy.; Mix of one-, two-, and three-bedroom apartment units.; Resort-style amenities including a swimming pool, fitness center, library, conference rooms, business center, theater room, tennis court, private balconies, and surface/garage parking.
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21 Kristin Dr Schaumburg, IL 60195
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Realmo Value Estimation
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Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
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Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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21 Kristin Dr Schaumburg, IL 60195
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21 Kristin Dr, Schaumburg, IL
Simon Jonna
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21 Kristin Dr, Schaumburg, IL
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21 Kristin Dr, Schaumburg, IL
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