Wheaton 121 Apartments
Multifamily property in Wheaton, IL — sponsored by Inland Private Capital
Files with the SEC as Wheaton Multifamily DST
Minimum investment
$25k
Offering size
$120.5M
How much has sold
100.0%
Asset type
Multifamily property
Location
Wheaton, IL
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Wheaton 121 Apartments combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Wheaton, IL
- Property size
- 306 units (5 studio, 217 one-bedroom, 80 two-bedroom, 4 three-bedroom)
How did it end?
No sale or other ending on record
Inland's Feb 24, 2026 press release confirms the Wheaton Multifamily DST was fully subscribed and closed, with the DST now owning and operating Wheaton 121 Apartments (acquired by Inland for $101.2M in Feb 2025); no disposition or sale announcement has been issued [1][2][3].
Seven-story Class A multifamily community acquired Feb. 3, 2025 for $101.2M; $120M Wheaton Multifamily DST fully subscribed and closed Feb. 24, 2026; mix of 5 studio, 217 one-bedroom, 80 two-bedroom and 4 three-bedroom units; managed by Inland Property Management & Leasing Group.
306 units (5 studio, 217 one-bedroom, 80 two-bedroom, 4 three-bedroom)Supporting evidence
Who's behind it?
- Sponsor
- Inland Private Capital
- Legal Trust name
- Wheaton Multifamily DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 8 active / 79 total offerings from Inland Private Capital
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 17
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to Wheaton 121 Apartments?
Top1031 lists Wheaton 121 Apartments as historical. It is no longer raising money.
Where does Top1031 get the data for Wheaton 121 Apartments?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7Inland Fully Subscribes $120 Million Multifamily DST in Chicagoland SuburbSponsor confirms the $120M Wheaton Multifamily DST is fully subscribed and closed; the DST owns Wheaton 121 Apartments in Wheaton, Illinois. Inland fully subscribes $120M Wheaton multifamily DST offeringDealroom syndication: Wheaton Multifamily DST closed after owning Wheaton 121 Apartments, a seven-story 306-unit community. Inland Acquires 306-Unit Multifamily Complex in Chicago SuburbSponsor announces the Feb. 3, 2025 acquisition of Wheaton 121, a 306-unit multifamily property at 121 North Cross Street in Wheaton, IL.