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Wisconsin-Based Developer Acquires Multifamily Property in Plainfield, Illinois

Continental Properties Purchases 10th Apartment Complex in Illinois for More Than $78 Million
The Sixteen30 apartment complex, built in 2021 in Plainfield, was recently acquired. (Emilia Czader/CoStar)
The Sixteen30 apartment complex, built in 2021 in Plainfield, was recently acquired. (Emilia Czader/CoStar)
By Benjamin Sultzer
May 13, 2024 | 5:06 P.M.

A Wisconsin-based apartment developer and operator acquired the 284-unit apartment complex in Plainfield, Illinois, for $78.35 million, or $275,880 per unit.

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