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Two Apartment Complexes in Chicago Suburbs Sell for More Than $132 Million Combined

Deals Add to Busy Year of Multifamily Sales, Even Amid Rising Interest Rates and Other Economic Concerns

Mesirow has paid almost $88 million for the 239-unit Reserve at Glenview apartment complex in Glenview, Illinois. (Justin Schmidt/CoStar)
Mesirow has paid almost $88 million for the 239-unit Reserve at Glenview apartment complex in Glenview, Illinois. (Justin Schmidt/CoStar)

Two big apartment complexes in Chicago’s suburbs have sold to separate buyers for more than $132 million combined, adding to a record pace of deals since the start of last year.

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