A Texas investor has paid more than $125 million for a 324-unit apartment tower on Chicago’s North Side in the firm’s largest of three recent acquisitions in a market where rents are rising and sales volume is up significantly in the past year.
Texas investor makes third recent Chicago-area multifamily purchase
RPM Living buys 324-unit SoNo East tower for just over $125 million
By Ryan Ori
CoStar NewsJuly 6, 2026 | 5:56 P.M.
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IN THIS ARTICLE
- Properties
- SoNo East
840 Blackhawk St, Chicago, IL
- Companies
- RPM
Real Estate
- PGIM, Inc.
Finance and Insurance
- Contacts
- Bishop Polizzotto
Newmark
- Marshall Roberts
Financial Analyst, Newmark
- Susan Lawson
Senior Managing Director, Newmark
- Charles Johanns
Senior Managing Director, Newmark
- Elizabeth Gagliardi
Senior Managing Director, Newmark