Class A Residential

4919 Forest Avenue, Downers Grove, Illinois 60515
space

62 Units

start date

2026

end date

2027

about the project

Four Corners Development purchased the properties at 4919 Forest Avenue in 2025 and is looking to start construction on 62 market rate residential apartments in the downtown in 2026.

The property includes modern unit layouts and shared amenities such as a fitness center and communal spaces, located within a highly walkable suburban core with access to Metra, top-rated schools, and major employers. With a total project cost of approximately $31.6M, the project is expected to deliver in 2027 and is designed to serve affluent suburban renters seeking transit-oriented living with urban quality amenities.

message from the president & CEO

The DGEDC’s impact is made possible by our Investors and Board of Directors. Their leadership continues to strengthen Downers Grove’s reputation as a premier destination for corporate and division headquarters in the Chicago area.

Bryan Gay

President & CEO, The DGEDC