RPM Living Buys One Six Six in Chicago

Reported Sep 9, 2026 · Source: CRE News

Source: CRE NewsRead the full report at CRE News ↗

Deal details

Buyer
RPM Living
Seller
Greystar
Price
$99M
Size
223 units
Price per unit
$443,946 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
River North / Streeterville / Gold Coast
Metro
Chicagoland
Reported date
Sep 9, 2026

Summary

RPM Living has paid $99 million, or $443,946 per unit, for One Six Six, a 223-unit apartment property in Chicago. The Austin, Texas, apartment investor purchased the property from its developer, Greystar of Charleston, S.C., and JLL brokered the deal. The 21-story property, at 166 North Aberdeen St., was completed in 2023.

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

Source: CRE News

Read the full report at CRE News. What the article says:

  • Deal / Price / Size / Buyer / Seller
    The Real Deal RPM Living has paid $99 million, or $443,946/unit, for One Six Six, a 223-unit apartment property in Chicago. The Austin, Texas, apartment investor purchased the property from its developer, Greystar of Charleston, S.C. JLL brokered the deal. The 21-story property, at 166 North Aberdeen St., was completed in 2023 and was 95% […]
  • Deal
    The Real Deal RPM Living has paid $99 million, or $443,946/unit, for One Six Six, a 223-unit apartment property in Chicago.

Article date: 2026-09-09T15:55:31+00:00

Quick answers

Who bought One Six Six?
RPM Living bought One Six Six in River North / Streeterville / Gold Coast, Chicago, according to CRE News.
How much did One Six Six sell for?
The reported price is $99M, per CRE News.
How big is One Six Six?
223 units, as listed from the source.
When was this sale reported?
Reported Sep 9, 2026 by CRE News.

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