Chicagoland Multifamily & Mixed-use real estate sales & leases

• Oct 13

  5724-5726 N. Mozart St, West Ridge (courtyard apartments)

  Buyer Paul Fortman, seller Root Property Group affiliate

  Chicago NeighborhoodsSaleMultifamily & Mixed-use13 units$3.6MSourceroundup
• Oct 13

  Heritage Manor Apartments, Orland Park (7 buildings)

  Buyer SpringView Investments, seller Not disclosed

  South & Southwest SuburbsSaleMultifamily & Mixed-use84 units$13.6MSourceroundup
• Oct 12

  Albion Evanston (to be rebranded Eva), 1500 Sherman Ave, Evanston (15-story tower)

  Buyer Draper and Kramer, seller Albion Residential affiliate

  North Shore / North SuburbsSaleMultifamily & Mixed-use268 units; 98.5% leased$126.3M (about $126M reported)Source
• Oct 12

  1555 Ridge Ave, Evanston

  Buyer Arnel Inc., seller Michigan Avenue Real Estate Group (Reinsdorf-backed)

  North Shore / North SuburbsSaleMultifamily & Mixed-use68 units$31.5MSource
• Oct 7

  NEXT Apartments, 347 W. Chestnut St, River North (28-story tower)

  Buyer Pacific Coast Capital Partners entity, seller 347 Chestnut Land LLC (tied to Fifield Companies)

  River North / Streeterville / Gold CoastSaleMultifamily & Mixed-use310 units$110.7MSourceroundup
• Oct 6

  Blue Station Apartments, 2130 W. 122nd St, Blue Island

  Buyer out-of-state buyer, seller Kinzie Assets

  South & Southwest SuburbsSaleMultifamily & Mixed-use345 units; 96% occupied$22MSource
• Oct 1

  Chicago Lawn Portfolio: 6321-31 and 6355-57 S. California Ave, 6400 S. Fairfield Ave (3 buildings)

  Buyer Icarus Investment Group, seller Not disclosed

  Chicago NeighborhoodsSaleMultifamily & Mixed-use68 units$5.23MSource
• Sep 29

  1701 W. Chicago Ave, West Loop (mixed residential and commercial)

  Buyer confidential, seller Not disclosed

  West Loop / Fulton MarketSaleMultifamily & Mixed-useFully occupied at closing$2.1MSourceroundup
• Sep 29

  1560 N. Damen Ave, Wicker Park (3-story; Stan's Donuts on ground floor)

  Buyer private, seller Not disclosed

  Chicago NeighborhoodsSaleMultifamily & Mixed-useNot disclosed$3.2MSourceroundup
• Sep 29

  Lakeside Village Apartments, Mundelein (garden-style)

  Buyer HMS Apartments, seller Bear Peak Capital

  Lake CountySaleMultifamily & Mixed-use155 units$24.3MSourceroundup
• Sep 29

  Ashford at Geneva, Geneva

  Buyer Equus Capital Partners affiliate, seller Not disclosed

  Fox Valley (Kane & McHenry)SaleMultifamily & Mixed-use226 units; about 97% occupiedNot disclosedSourceroundup
• Sep 22

  825 E. 61st St, Woodlawn (new construction)

  Buyer Original 825 LLC, seller LLC tied to Quest Realty Group (Essex Realty listed)

  Chicago NeighborhoodsSaleMultifamily & Mixed-use60 units$16.5MSourceroundup
• Sep 22

  Ace of Ashland, 1011-1023 N. Ashland Ave, Chicago (33 apartments, 2 retail units)

  Buyer Ace on Ashland Owner LLC (tied to Dwelle Properties), seller LLC tied to Ross Babel / Fulton St. Companies

  Chicago NeighborhoodsSaleMultifamily & Mixed-use33 apartments + 2 retail units$16.4MSourceroundup

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