Inland Real Estate Buys Deer Park Village in Chicago

Reported Sep 8, 2026 · Source: AltsWire

Source: AltsWireRead the full report at AltsWire ↗

Deal details

Buyer
Inland Real Estate Acquisitions
Seller
Harrison Street Asset Management
Price
$90.3M
Size
188 units
Price per unit
$480,319 per unit (our calculation)
Asset class
Other
Transaction
Sale
Sub-market
Lake County
Metro
Chicago
Reported date
Sep 8, 2026

Summary

Inland Real Estate Acquisitions purchased Deer Park Village in Deer Park, Ill., for $90.3 million. The community, built in 2016 at 21840 W. Lake Cook Road, has 188 units: 96 independent living, 60 assisted living and 32 memory care. The previous owner was Harrison Street Asset Management, the investment management arm of Colliers. The source reports it together with The Landings in Batavia, for a combined $160.5 million.

Summarized from the article; the quoted lines below are from the article itself.

Source: AltsWire

Read the full report at AltsWire. What the article says:

  • Deal / Buyer
    Inland Real Estate Acquisitions LLC surpassed $1 billion in senior living acquisitions with the purchase and closing of two communities in the Chicago suburbs for a combined $160.5 million – Deer Park Village in Deer Park, Ill., and The Landings in Batavia, Ill. – according to the company.
  • Deal / Price
    Inland Acquisitions purchased Deer Park Village for $90.3 million and The Landings for $70.2 million.
  • Size
    Deer Park Village, located about 35 miles northwest of downtown Chicago at 21840 W. Lake Cook Road in Deer Park, was built in 2016 and comprises 188 units – 96 independent living, 60 assisted living, and 32 memory care – offering a full continuum of care.
  • Seller
    The previous owner of both properties was Harrison Street Asset Management, the investment management arm of commercial real estate firm Colliers.

Article date: 2026-09-08T22:00:17+00:00

Quick answers

Who bought Deer Park Village?
Inland Real Estate Acquisitions bought Deer Park Village in Lake County, Chicago, according to AltsWire.
How much did Deer Park Village sell for?
The reported price is $90.3M, per AltsWire.
How big is Deer Park Village?
188 units, as listed from the source.
When was this sale reported?
Reported Sep 8, 2026 by AltsWire.

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