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Chicago-area multifamily complex trades for $44.5 million

Bayshore Properties acquires 253-unit Aspen Ridge Apartments
Aspen Ridge Apartments in West Chicago, Illinois, changed hands for $44.5 million in an investment sale. (CoStar)
Aspen Ridge Apartments in West Chicago, Illinois, changed hands for $44.5 million in an investment sale. (CoStar)
By Alex Collie with
CoStar Research
April 9, 2026 | 5:40 P.M.

Bayshore Properties acquired Aspen Ridge Apartments, a 253-unit apartment complex at 1440 S. Neltnor Blvd. in West Chicago, Illinois, from Zinger Property Group for $44.5 million, or $175,889 per unit.

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