Blue Station Apartments Sells for $22M in Chicago

Reported Oct 6, 2026 · Source: REBusiness Online

Source: REBusiness OnlineRead the full report at REBusiness Online ↗

Deal details

Buyer
out-of-state buyer
Seller
Kinzie Assets
Price
$22M
Size
345 units; 96% occupied
Price per unit
$63,768 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
South & Southwest Suburbs
Metro
Chicagoland
Reported date
Oct 6, 2026

Summary

Blue Station Apartments is a multifamily & mixed-use sale in South & Southwest Suburbs, Chicagoland. Other details we have: buyer out-of-state buyer; seller Kinzie Assets; price $22M; size 345 units; 96% occupied. REBusiness Online reports: “BLUE ISLAND, ILL. — Kiser Group has brokered the sale of Blue Station Apartments, a 345-unit apartment community in Blue Island, 16 miles south of Chicago’s Loop.”

Quoted from the article; the other facts come from our own deal listing.

Source: REBusiness Online

Read the full report at REBusiness Online. What the article says:

  • Deal / Price / Size / Buyer / Seller
    BLUE ISLAND, ILL. — Kiser Group has brokered the sale of Blue Station Apartments, a 345-unit apartment community in Blue Island, 16 miles south of Chicago’s Loop. The property at 2130 W. 122nd St. was 96 percent occupied at the time of sale. Ownership has invested more than $3.5 million in capital improvements over the past four years. Lee Kiser and Kyle Sissell of Kiser Group represented the seller, Kinzie Assets. Michael Duckler represented the out-of-state buyer while affiliated with Interra Realty. Duckler now works for Greenstone Partners. The sales price was $22 million.
  • Deal
    BLUE ISLAND, ILL. — Kiser Group has brokered the sale of Blue Station Apartments, a 345-unit apartment community in Blue Island, 16 miles south of Chicago’s Loop.

Article date: 2026-10-13T13:38:55+00:00

Quick answers

How much did Blue Station Apartments sell for?
The reported price is $22M, per REBusiness Online.
How big is Blue Station Apartments?
345 units; 96% occupied, as listed from the source.
When was this sale reported?
Reported Oct 6, 2026 by REBusiness Online.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.