Investment Highlights
- The Linc captures demand from the 59,238 students enrolled at nearby, highly-ranked University of Illinois Urbana-Champaign, where enrollment has grown by 14.8 percent over the past five years.
- Since acquiring The Linc in November 2022, current ownership has invested $3.7 million in unit and community amenity renovations to the property.
- The Linc features a resort-style pool, basketball and pickleball courts, a 24-hour fitness center with cardio, strength, and spin equipment.
- With average rent at The Linc at a significant discount to newer, core-located properties near campus, opportunity remains for the next owner to renovate select units to a premium level with the potential to increase rents and returns through strategic renovations and operational improvements.
Exclusively listed by
Broker of Record
Steven D. Weinstock
Senior Vice President/Regional Manager
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The Linc
