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Chicago-area apartment complex sells for just under $8.3 million

The 96-unit Knox Apartments in Oak Forest, Illinois, trades at $86,198 per unit
The Knox Apartments in Oak Forest sold for just under $8.3 million, marking a substantial increase in value since its last transaction. (CoStar)
The Knox Apartments in Oak Forest sold for just under $8.3 million, marking a substantial increase in value since its last transaction. (CoStar)
By Connor Maddalon with
CoStar Research
January 8, 2026 | 10:26 P.M.

Clarity Strategic Opportunities acquired Knox Apartments in Oak Forest, Illinois, from Deshe Real Estate Group for just under $8.3 million, representing a capitalization rate of 7.5%.

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