Investing

Bender Companies Acquires 550-Unit Apartment Community in Hoffman Estates, IL

Bender Companies /31 Jan 2025

Bender Companies, a vertically integrated multifamily investment firm, is excited to announce its acquisition of Haven Hoffman Estates, located at 725 W Bode Cir in Hoffman Estates, IL. Built in 1970, the property features 550 garden-style apartments, quality in-unit and community amenities, and a suburban location with top-rated school districts and convenient access to major suburban and downtown employers. Bender Companies’ acquisition is in partnership with South Florida-based multifamily investment firm, Eastham Capital.

“Haven Hoffman Estates is a valuable addition to our portfolio, reinforcing our commitment to investing in well-located, workforce housing that meets the growing demand for quality, moderately-priced rental options,” said Kurt Bender, Founder and Principal of Bender Companies. “With top-rated schools, convenient access to major highways, proximity to key employers, and strong AMIs, Hoffman Estates offers an ideal environment for both residents and long-term growth. We look forward to improving the community through hands-on management and thoughtful capital investments.”

Haven Hoffman Estates is ideally located in Chicago’s thriving Northwest suburbs near the Golden Corridor, a hub for Fortune 500 company headquarters, office and industrial parks, entertainment centers, medical facilities, hotels, and retail. The property offers a mix of renovated and classic studio, one-, and two-bedroom layouts, with floor plans averaging 746 square feet. Renovated units feature premium finishes such as stainless steel appliances, granite countertops, and custom built-in shelving, while all units offer open floor plans, walk-in closets, dishwashers, and tub/shower combinations. On-site amenities include an outdoor swimming pool with a sundeck, a clubhouse, a fitness center, private work-from-home suites, and an outdoor dining area with a grilling station. 

Bender Companies plans to make strategic capital improvements to the property, including interior unit, exterior, and amenity upgrades, along with rebranding the property as Hoffman Hills Apartments.

Haven Hoffman Estates is Bender Companies’ 15th acquisition in Illinois, bringing the total number of units owned in Illinois to over 3,350.

About Bender Companies

Based in Chicago, IL, Bender Companies is an owner-operator specializing in the acquisition and management of value-add multifamily assets. Since its inception in 2011, Bender Companies has established a proven track record of high performing investments through strategic acquisitions, mitigating risk, and effective management.