MYTH:
This new development will add high-end condos to the Village, making Glen Ellyn more competitive with neighboring suburbs.
REALITY:
Apex 400 is an apartment building. Although of “condo quality,” the 107 units in Apex 400 are luxury rental units, with rents starting at roughly $1,800 per month and soaring to more than $3,000 per month. The development will attract transient apartment dwellers rather than new homeowners.