Common Contracts
1 similar Development Agreement contracts
RE: Development Agreement for Suburban Apartments and EstatesDevelopment Agreement • August 4th, 2022 • Illinois
Suburban Apartments and Suburban Estates were developed, constructed, and continue to be under DeKalb County jurisdiction. A common misconception is that the properties are within the City of DeKalb’s corporate limits given it is surrounded on three sides by the City. Construction began in 1967 on the development that and grew into 24 buildings and 532 units. The buildings are two to three stories tall and likely do not meet currently adopted Building Codes based on the age of the structures. Suburban Apartments and Estates were constructed to meet the housing needs of the City of DeKalb and Northern Illinois University. Over the years, tenancy and ownership has changed multiple times. While no longer a primary destination for NIU Students, Suburban Apartments and Estates has filled a residential need for affordable housing in DeKalb.
