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Key Points
Two recent Chicago apartment sales, Low-Line Commons and Monroe Aberdeen Apartments, totaling $103 million, illustrate the varied investment outcomes in the multifamily market since the pandemic.
Wildwood Investments achieved a successful sale of Low-Line Commons for $40 million, while Origin Investments sold Monroe Aberdeen Apartments for $63 million at a discount, reflecting the impact of rising interest rates and construction costs despite a strong rental market in Chicago.