West Quad

What West Quad does

West Quad is a single-property, off-campus student housing apartment complex located at 29 E Green Street in Champaign, Illinois, serving students of the University of Illinois Urbana-Champaign (UIUC). The property offers 14 floor plan configurations across one- to four-bedroom layouts — ranging from 619 sq ft one-bedroom units to 2,160 sq ft four-bedroom townhouses — at monthly rents spanning $849 for the lowest-priced 4BR/4BA Terrace unit to $2,029 for the 1BR/1BA Premium unit. All apartments are fully furnished with stainless steel appliances, in-unit washers/dryers, hardwood-style flooring, and select units include private balconies/patios or attached garages. Residents sign individual leases (paying only their portion), with annual terms running 08/21/2026 to 07/31/2027 and academic-year terms running 08/21/2026 to 05/31/2027; internet is included while water and electricity are billed back to residents. Upfront fees include a $30 application fee, $100 admin fee, and $79.20 utility setup fee.

The property is operated under property management by Cardinal Group Management Midwest LLC and markets itself on resort-style amenities — heated pool, hot tub, sauna, sand volleyball court, deluxe fitness center, yoga room, game room, private and group study lounges, outdoor grilling stations, and covered/uncovered parking — supplemented by a Tulu on-site grab-and-go convenience store. Operational technology integrations include the Luxer self-service package management system (with resident notifications and a package room) and the RoomSync digital roommate matching service for residents without pre-arranged roommates. Leasing is distributed through a direct-to-consumer, digital-first channel: the westquad.com website (with floor plans, gallery, virtual tours, and FAQ) integrated with the ProspectPortal online application system, plus an in-person leasing office at the property with extended hours. Marketing channels include Facebook, Instagram, and TikTok targeting Gen-Z college students.

The business model is straightforward subscription-recurring revenue from monthly rent on individual leases, with ancillary revenue from upfront fees and the Tulu on-site retail. The customer base is a single segment — UIUC students seeking off-campus housing — concentrated entirely in the Champaign, IL submarket. The company is privately held (no public ticker), does not disclose revenue, and has no disclosed parent-company ownership structure beyond the operating property manager.

Name

West Quad

Legal name

West Quad

Website

https://westquad.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

West Quad is a single off-campus student housing property at 29 E Green Street in Champaign, IL, offering 14 furnished 1-4 bedroom apartment floor plans to University of Illinois Urbana-Champaign students on individual annual leases with resort-style amenities.

Ownership category

akta.pro rank

Product category

Student Housing

NAICS

Rooming and Boarding Houses, Dormitories, and Workers' Camps (721310)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Off-Campus Shared Student Houses (Room-by-Room) (THAMAGAC)

akta.pro secondary industries

Off-Campus / University-Affiliated Housing Management (EDAEAFAB), Student Housing Roommate Matching, Assignments & Occupancy Management (BPAJAJAJ), Student/Academic Serviced Residences (THAGAEAF)

Keywords

• Student housing rentals
• Off-campus apartments
• Furnished apartments
• Apartment leasing services
• Student residential communities

Headquarters

HQ city

Champaign

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Apartment Rental Revenue: Monthly rental payments from individual leases on 1-4 bedroom apartments. Residents pay for their portion of rent only (individual lease model), not roommates' portions. Internet is included in rent; water and electricity are billed back to residents.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

West Quad operates a single off-campus student housing property in Champaign, Illinois, leasing fully furnished one- to four-bedroom apartments and townhouses to University of Illinois Urbana-Champaign students on individual per-bed leases with annual or academic-year terms. The offering includes in-unit amenities (stainless steel appliances, in-unit washer/dryer, hardwood-style flooring, private balconies), shared resort-style amenities (heated pool, hot tub, sauna, fitness center, study lounges, sand volleyball court), and value-added services such as RoomSync roommate matching and Luxer package management. Monthly rent varies by floor plan from $839 to $2,029 per bedroom, with WiFi included and electricity and water billed back to residents.

Product overview

West Quad is a single-property student housing apartment complex offering 14 distinct floor plan configurations across one to four-bedroom units with private and shared bathroom options, ranging from 619 sq ft studios to 2160 sq ft townhouses. The property operates on a tiered model where units are categorized into Terrace, Premium, and Townhouse variants, with Premium tiers offering higher-end finishes and Townhouse configurations providing larger multi-story layouts. All apartments come fully furnished with stainless steel appliances, in-unit washers/dryers, and hardwood-style flooring. The community augments its residential offerings with shared amenities including a heated pool and hot tub, sauna, fitness center, yoga room, game room, study lounges, and outdoor recreational facilities. Additional services include a roommate matching program through RoomSync and a Luxer-based package management system.

Differentiator

Problem solved

Functional benefit

Products and services

• 1BR/1BA - Terrace apartment One-bedroom, one-bathroom furnished apartment unit with 619 sq ft of living space, starting at $1,989 per month. Available to UIUC students on an individual per-bed lease.
• 1BR/1BA - Premium apartment One-bedroom, one-bathroom premium apartment unit with 619 sq ft of living space, starting at $2,029 per month. Available to UIUC students on an individual per-bed lease.
• 2BR/2BA - Terrace apartment Two-bedroom, two-bathroom furnished apartment unit with 890 sq ft of living space, starting at $1,129 per month per bedroom on an individual lease.
• 2BR/2BA - Premium apartment Two-bedroom, two-bathroom premium apartment unit with 890 sq ft of living space, starting at $1,169 per month per bedroom on an individual lease.
• 3BR/3BA - Terrace apartment Three-bedroom, three-bathroom furnished apartment unit with 1,092 sq ft of living space, starting at $1,209 per month per bedroom on an individual lease.
• 3BR/3BA - Premium apartment Three-bedroom, three-bathroom premium apartment unit with 1,092 sq ft of living space, starting at $1,259 per month per bedroom on an individual lease.
• 4BR/4BA - Premium apartment Four-bedroom, four-bathroom premium furnished apartment unit with 1,426 sq ft of living space, starting at $889 per month per bedroom on an individual lease.
• 4BR/4BA - Terrace apartment Four-bedroom, four-bathroom terrace furnished apartment unit with 1,426 sq ft of living space, starting at $849 per month per bedroom on an individual lease.
• 4BR/4BA - Terrace Deluxe apartment Four-bedroom, four-bathroom terrace deluxe furnished apartment unit with 1,650 sq ft of living space, starting at $869 per month per bedroom on an individual lease.
• 4BR/4BA - Premium Deluxe apartment Four-bedroom, four-bathroom premium deluxe furnished apartment unit with 1,650 sq ft of living space, starting at $909 per month per bedroom on an individual lease.
• 4BR/2BA - A Townhouse Four-bedroom, two-bathroom furnished townhouse unit with 1,422 sq ft of living space, starting at $1,099 per month per bedroom on an individual lease.
• 4BR/2BA - B Townhouse Four-bedroom, two-bathroom furnished townhouse unit with 1,741 sq ft of living space, starting at $865 per month per bedroom on an individual lease.
• 4BR/2.5BA - A Townhouse Four-bedroom, 2.5-bathroom furnished townhouse unit with 2,160 sq ft of living space, starting at $1,109 per month per bedroom on an individual lease.
• 4BR/2.5BA - B Townhouse Four-bedroom, 2.5-bathroom furnished townhouse unit with 1,741 sq ft of living space, starting at $909 per month per bedroom on an individual lease.

Quantifiable outcome

• 10-minute walk to UIUC campus

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Cardinal Group Management Midwest LLCcoreOthersCardinal Group Management Midwest LLC is the property management company responsible for managing West Quad. They handle day-to-day operations, leasing, and resident services.

Scale indicators1 record

Recent moves6 records

Expansion highlights3 records

Emerging players

• Vesper Holdings: Vesper Holdings acquires and develops off-campus student housing near major universities, often with resort-style amenities and individual leases. Comparable operating approach though typically newer/vintage product than West Quad.

Broad incumbents

• Greystar Real Estate Partners: Greystar is the largest student housing operator in the U.S. (now including EdR) with a national multi-property portfolio. It overlaps with West Quad on resident experience and amenity standards but operates at vastly greater scale.
• American Campus Communities (Blackstone): American Campus Communities, owned by Blackstone, is a large student housing REIT and operator. Compares as a broad incumbent competing for the same renter demographic and demonstrating benchmark operating metrics for off-campus student housing.

Regional players

• 309 Housing (Champaign local): 309 Housing is a local Champaign-area off-campus student housing provider near UIUC. Directly comparable as a Champaign-specific competitor serving the same student renter base.
• University Group (Champaign): University Group operates off-campus student housing in the Champaign-Urbana market near UIUC. Same hyper-local geography, same customer segment, and similar per-bed pricing dynamics as West Quad.

Direct peers

• Core Spaces: Core Spaces is a national owner/operator of off-campus student housing near major universities, offering furnished units with individual leases, resort-style amenities, and a tech-enabled resident experience — the closest direct comparison to West Quad's model and target student.
• The Scion Group: The Scion Group owns, manages, and develops off-campus student housing communities near large universities with comparable amenity packages and by-the-bed individual leases. Operates near multiple Big Ten campuses similar to UIUC.
• Place Properties: Place Properties develops and manages off-campus student housing communities near major universities with comparable amenity offerings and individual-lease structures. Operates a multi-property portfolio across similar university markets.
• Cardinal Group Companies: Cardinal Group is the parent-affiliated operator of West Quad (via Cardinal Group Management Midwest LLC) and runs a broader portfolio of student housing communities nationally, making it the most directly comparable operator and management peer.
• Campus Apartments: Campus Apartments develops and manages off-campus student housing in close proximity to major universities, with per-bed leases and amenitized communities — a directly comparable business model to West Quad.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/westquadapts
• Instagraminstagram.com/westquadapts
• TikToktiktok.com/@westquadapts
• LinkedInlinkedin.com/company/west-quad

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about West Quad