Multi Housing News Randolph Street Realty Capital has paid $25 million, or $135,135/unit, for 185 previously unsold units at the 240-unit Ashton Condominiums in Arlington Heights, Ill. The Chicago investor bought the units from Lawton Realty Group, which was represented ...
Local investor Stuart Handler has paid $58 million, or about $268,519/unit, for Dunton Tower, a 216-unit apartment building in the Chicago suburb of Arlington Heights, Ill.
As part of the deal, the buyer assumed $11.4 million of debt against the property.
96.3 percent occupied.
97 percent leased.
96 percent occupied.