Inland Acquires 306-Unit Multifamily in Chicago Suburb, Wheaton 121, for $101M ($330k/unit)

  • 2/5/2025

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Inland Real Estate Acquisition has closed the purchase of Wheaton 121, a 306-unit multifamily property in Wheaton, Illinois, approximately 25 miles west of Chicago. Mark Cosenza, senior vice president of Inland Acquisitions, with assistance from Brett Smith, VP and associate counsel of The Inland Real Estate Group, LLC, Law Department, completed the transaction on behalf of an Inland affiliate. At closing, Wheaton 121 was 94 percent occupied.

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