Elmhurst 255 Sells for $91.3M in Chicago

Reported Sep 10, 2026 · Source: The Real Deal

Source: The Real DealRead the full report at The Real Deal ↗

Deal details

Buyer
CB Elmhurst 255 LLC (Delaware-based, unidentified)
Seller
Morningside Group
Price
$91.3M
Size
192 units
Price per unit
$475,521 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
DuPage / I-88 / Western Suburbs
Metro
Chicagoland
Reported date
Sep 10, 2026

Summary

Chicago-based developer Morningside Group sold the Elmhurst 255 apartments at 256 North York Street for $91.3 million, according to The Real Deal, which describes it as a pending sale that hit public records. The 192-unit building has ground floor retail. Records show Morningside entered an agreement to sell to a Delaware-based LLC known as CB Elmhurst 255 LLC; the buyer is otherwise unidentified.

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

Source: The Real Deal

Read the full report at The Real Deal. What the article says:

  • Deal / Price / Seller
    In another pending sale to hit public records, Chicago-based developer Morningside Group sold the Elmhurst 255 apartments at 256 North York Street for $91.3 million to an unidentified buyer.
  • Deal / Size / Buyer
    Records show Morningside entered an agreement to sell the 192-unit apartment building with ground floor retail to a Delaware-based LLC known as CB Elmhurst 255 LLC.

Article date: 2026-09-10T15:30:00+00:00

Quick answers

Who bought Elmhurst 255?
CB Elmhurst 255 LLC bought Elmhurst 255 in DuPage / I-88 / Western Suburbs, Chicago, according to The Real Deal.
How much did Elmhurst 255 sell for?
The reported price is $91.3M, per The Real Deal.
How big is Elmhurst 255?
192 units, as listed from the source.
When was this sale reported?
Reported Sep 10, 2026 by The Real Deal.

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