Boutique Arlington Heights apartment complex sells for $25 Million
United States, Nov. 3 -- JLL Capital Markets announced that it has arranged the $25 million sale of FourNorth Apartments, a 76-unit boutique apartment community in Arlington Heights, Illinois.JLL worked exclusively on behalf of the seller, Benchmark Developers, in the sale of the property to a private investor.Completed in 2024, FourNorth Apartments offers studio, one- and two-bedroom units averaging 796 square feet each. All of the units feature modern luxury finishes with open floor plans, private balconies, in-unit laundry and stainless-steel appliances. FourNorth also offers its residents a variety of amenities, including a state-of-the-art fitness center, resident lounge area, entertainment space, rooftop terrace and an on-site managem...
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