An Ohio-based investor has paid nearly $59 million for a 236-unit apartment building near Chicago, entering the market during a slow year for deals because of rising interest rates.
Ohio Investor Pays Almost $59 Million for Apartments Near Chicago
Coastal Ridge Real Estate Buys The Monarch, a 236-Unit Property in Des Plaines, Illinois
By Ryan Ori
CoStar News
October 6, 2023 | 6:33 P.M.
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IN THIS ARTICLE
- Properties
- The Monarch
150 East River Rd, Des Plaines, IL
- Companies
- Coastal Ridge Real Estate
Real Estate
- CP Capital (Deutschland) GmbH
Real Estate