Eleven5 Lake Apartments (25,147 SF) Sells for $22M in Chicago

Reported Oct 27, 2026 · Source: YieldPro

Source: YieldProRead the full report at YieldPro ↗

Deal details

Buyer
Not disclosed
Seller
Not disclosed
Price
$22M
Size
34 apartment units; 25,147 SF of ground-floor commercial
Price per SF
$875 per SF (our calculation)
Price per unit
$647,059 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Lake County
Metro
Chicago
Reported date
Oct 27, 2026

Summary

Associated Bank announced the completion of a $16.5 million loan towards the $22 million total acquisition price of Eleven5 Lake Apartments at 115 Lake Street in Libertyville, Illinois. The property is a stabilized mixed-use property with 34 apartment units with 41 dedicated apartment parking spaces, and 25,147 square feet of ground-floor commercial space. Source: YieldPro.

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

Source: YieldPro

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

  • Deal
    Associated Bank announced the completion of a $16.5 million loan towards the $22 million total acquisition price of Eleven5 Lake Apartments at 115 Lake Street in Libertyville, Illinois.
  • Size
    The property is a stabilized mixed-use property with 34 apartment units with 41 dedicated apartment parking spaces, and 25,147 square feet of ground-floor commercial space.

Article date: 2026-10-27T15:13:48+00:00

Frequently asked questions

How much did Eleven5 Lake Apartments sell for?
The reported price is $22M ($875 per SF, our calculation), per YieldPro.
When was this sale reported?
Reported Oct 27, 2026 by YieldPro.

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