Almost a decade after helping kick off a wave of construction near the former Cabrini-Green public housing complex on Chicago’s Near North Side by building a 240-unit apartment tower, an Oregon-based developer has cashed in with a US$81 million sale.
Chicago Apartment Tower Near Former Cabrini-Green High-Rises Sells for US$81 Million
Canada’s Morguard North American Residential REIT Buys 18-Story, 240-Unit Xavier Apartments
CoStar News
March 30, 2023 | 9:39 P.M.
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IN THIS ARTICLE
- Properties
- Xavier Apartments
625 Division St, Chicago, IL
- Echelon Chicago
353 Desplaines St, Chicago, IL
- Companies
- Morguard Investments Limited
Finance and Insurance
- The Green Cities Company
Construction