Kiser Group’s Midwest Team Lists Panton Mill Station, a 100-Unit Luxury Apartment Community in Downtown South Elgin

Kiser Group’s Midwest Team is proud to announce the exclusive listing of Panton Mill Station, a 100-unit luxury apartment community located at 355 North La Fox Street, South Elgin.

Completed in 2020, Panton Mill Station features 56 one-bedroom units and 44 two-bedroom units, with an average unit size of 935 square feet. Currently 92% occupied, the property offers a highly amenitized living experience, including a fitness center, pet spa, outdoor grilling stations, and an on-site management and leasing office.

Designed with premium finishes and modern construction, Panton Mill Station provides residents with a best-in-class rental option in one of Chicagoland’s most desirable suburban settings. Its location along the scenic Fox River and within walking distance of Downtown South Elgin offers tenants a unique blend of riverfront views, outdoor recreation, and small-town charm. The growing downtown district also provides convenient access to dining, boutique retail, and community events, while nearby highways and public transit connect residents seamlessly to the greater Chicago metropolitan area.

“Panton Mill Station is a highly attractive opportunity given the combination of quality construction, premium location, and assumable debt,” said Will Cornish of Kiser Group’s Midwest Team. “With assumable debt at 3.38% interest, and 11 years of term remaining—along with reduced property taxes through TIF incentives and pricing below replacement cost—this listing presents a compelling investment opportunity for multifamily investors.”

The South Elgin market continues to demonstrate strong rent growth fueled by a revitalized downtown and consistent demand for high-quality multifamily housing.

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