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City: Des Plaines
Suburban Chicago Apartment Property Fetches $86Mln
Crain's Chicago Business The 601W Cos. has paid $86 million, or $322,097/unit, for Buckingham Place, a 267-unit apartment property in Des Plaines, Ill. The New York investment firm purchased the six-story property from its developer, Wingspan Development of Prospect, Ill. ...
Kingston Point apartment building/1646 River St.
94 percent occupied. The acquisition was financed with a $31.4 million loan from M&T Realty Capital.
1011 and 1111 E. Touhy Ave.
The buildings are 66 and 68 percent leased, respectively.
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