Login

Tax-deferred program raises $120 million for apartments near Chicago

Inland Real Estate Investment taps Delaware Statutory Trust program
Inland Real Estate Investment Corp. bought the Wheaton 121 apartment building near Chicago in late 2024. (Otto Rascon/CoStar)
Inland Real Estate Investment Corp. bought the Wheaton 121 apartment building near Chicago in late 2024. (Otto Rascon/CoStar)
CoStar News
February 25, 2026 | 10:17 P.M.

Investors have ponied up more than $120 million for tax-advantaged ownership stakes in a 306-unit apartment in Chicago’s western suburbs, a big example of capital raises playing out nationally for similar programs.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE