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Lake Meadows Apartment Complex in Chicago, Built in 1950s, Sells for First Time in $161 Million Deal

Antheus Capital Buys Nine-Building, 1,869-Unit Lake Meadows in Bronzeville From Draper and Kramer
The Lake Meadows apartment complex on Chicago's South Side has sold for $161 million. (Justin Schmidt/CoStar)
The Lake Meadows apartment complex on Chicago's South Side has sold for $161 million. (Justin Schmidt/CoStar)
CoStar News
June 21, 2023 | 9:58 P.M.

A massive apartment complex on Chicago’s South Side has sold for $161 million, changing hands for the first time since it was developed by Draper and Kramer in the 1950s.

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