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Rentals on Chicago's North Shore Draw Big Price

Boston Firm Pays $485,000 a Unit for Apartments Aimed at Well-Off Tenants
The Kelmscott Park apartment complex in Lake Forest, Illinois, commands rents of up to $4,700 a month. (CoStar)
The Kelmscott Park apartment complex in Lake Forest, Illinois, commands rents of up to $4,700 a month. (CoStar)
By John Doherty
CoStar News
June 25, 2020 | 8:52 P.M.

A 2-year-old apartment complex in a tony North Shore suburb outside Chicago sold this week for nearly $500,000 a unit.

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