Reserve of St. Charles

St. Charles, IL | 114 Lots | Investment, Development

Opportunity
The Reserve of St. Charles community is a unique location that offers excellent proximity to the award-winning St. Charles North High School, and is situated two blocks north of the quaint downtown shopping district. The 135+ -acre community is fully annexed to the Village of St. Charles and zoned for a total of 133 luxury single family homes. Janko Group purchased 114 of these lots from a national builder at 50% of cost. The site is further enhanced by impressive conservation areas, beautiful prairie grasses, walking trails and a children’s playground.

Results
Janko Group affiliate Meritus Homes is developing the community to monetize and maximize the value of the land. Development is approximately half-completed, and is exceeding the expectations of its investors. Approximately 60 lots remain for prospective custom home owners.