Auto Enthusiasts Get Swanky Car Condos In Naperville

CHICAGO (CBS) -- New condos are coming to Naperville, but they're not exactly what you picture when you think condominiums. It won't be suburbanites living in the two-story complex. It will be a home for their car collections.

Located on Ferry Road, just west of Route 59, the 45-acre Iron Gate Motor Condos was designed to provide a secured, controlled environment where car enthusiasts can store their automobiles away from the home.

Developer Tom Burgess said collecting cars is part of American culture.

"An extra one or two or ten has been something that the culture has supported, and the enthusiast community has embraced. So having a collection of cars has been something that's become fairly popular," he said.

Burgess said each garage space has a second level; which some owners have outfitted with kitchens, bathrooms, and dens, so they can entertain friends and family while showing off their wheels.

"Every one of them comes with a second-story hangout space," he said.

Burgess said all kinds of cars have are being housed at Iron Gate.

"There's everything from brand new stuff that older guys have, and the old stuff that younger guys have, and everything in between," he said.