Illinois

RICHTON PARK, ILL. — Eastham Capital and Bender Cos. have acquired Park Towers Apartment Homes in Richton Park, 35 miles south of Chicago. This $30.4 million purchase marks Eastham’s third Chicagoland acquisition with Bender since the start of 2026. The co-investors also bought The Element in Mount Prospect and The Flats at Gladstone in Glendale Heights. The companies have, in total, acquired 13 properties through Fund VII. Park Towers, built in 1974, consists of 270 one- and two-bedroom units and such amenities as a fitness center, business center, on-site laundry …

CHICAGO — Interra Realty’s Jeremy Morton has arranged the $5.1 million sale of 2156 and 2158 W 21st St. in Chicago’s Pilsen neighborhood. Neither party to the transaction was named. The two-property portfolio includes 24 units. Both buildings were constructed in 1893. Units were renovated in 2023, at which time quartz countertops, stainless steel appliances, updated bathrooms and in-unit washers and dryers were installed.

BATAVIA, ILL. — Interra Realty has arranged the $7.9 million, off-market sale of a nine-building, 36-unit rental townhome portfolio in Batavia. Neither party to the transaction was named. Interra’s team was led by Nathan Zito, Patrick Kennelly and Paul Waterloo. The properties were 92 percent occupied at the time of sale. Located at 29-65 and 109-155 Spuhler Drive, residences within the community all feature two-bedroom layouts. The buildings were constructed in 1980, and approximately two-thirds of the townhomes have recently undergone interior renovations.

CHICAGO — Interra Realty has arranged the $11.7 million sale of a 46-unit apartment building at 4400 Drexel Blvd. in Chicago’s Kenwood neighborhood. Neither the buyer nor seller’s identity was disclosed. Interra’s Lucas Fryman represented the seller during the 2020 trade when the party was on the buy side. The community was 91 percent occupied at the time of the sale. Rents are subsidized via vouchers administered through the Chicago Housing Authority. Built in 1924, the courtyard-style building features one- and two-bedroom units.