Merchants Capital secures financing for multifamily project in River Grove

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River Grove Station project

The Chicago office of Merchants Capital has secured financing for the River Grove Station project to be built in the Chicago suburb of River Grove.

Once constructed, the 80-unit property will provide modern luxury and transit-oriented living adjacent to the River Grove Metra Station and within walking distance of nearby restaurants, shopping centers and entertainment venues.

Located just northwest of Chicago, River Grove is increasingly attractive to families and young professionals who appreciate the village’s mix of urban amenities in a suburban setting, as well as its easy access to Chicago and nearby O’Hare International Airport.

Located at 2801 Thatcher Ave., the River Grove Station residences will offer energy efficient one and two-bedroom luxury rental apartments with well-conceived floor plans and attractive finishes selected by skilled designers at Lisek Interiors. The units also feature oversized windows and high ceilings.

Construction is expected to complete in mid-2021.

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