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Home > 612-Unit Apartment Property in Suburban Chicago Sells for $139.3Mln

612-Unit Apartment Property in Suburban Chicago Sells for $139.3Mln

July 12, 2022
in General News, Midwest

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Crain's Chicago Business Albion Residential has paid $139.3 million, or $227,614/unit, for Bourbon Square, a 612-unit apartment property in Palatine, Ill. The Oak Brook, Ill., investor acquired

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Tags: Broadshore Capital Partners Lowe Enterprises Newmark Freddie Mac Chicago Palatine Multifamily Illinois - IL Midwest Regional Digest (MWDIG) Mortgages/Financing (MOR) Property Acquisitions (ACQ) Between $100 million and $150 million

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