Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
Chicago & Midwest  + Greater Chicagoland  + Apartments  |  March 21, 2025
Jasmine Kilman
By: Jasmine Kilman

Essex Brokers Sale of Sauk Village Apartment Complex

Essex Realty Group has negotiated the sale of a ten-building multifamily portfolio consisting of 180 total units. The portfolio sold for $9 million, or $50,000 per unit.

The buildings are located on the same site at 2610 Marigold Dr. in Chicago’s southern suburb of Sauk Village. The portfolio featured a mix of studio, one-, two- and three-bedroom units, as well as common area laundry and on-site parking for tenants.

The Essex team of Michael Anguiano, Robert Berman, Jeremy DeMarco, Daniel Shabsin, and Joe Kahlhammer facilitated the transaction on behalf of the private seller. “The out-of-state buyer was attracted to the portfolio because of the scale and the success they’ve achieved with nearby multifamily projects,” said Anguiano.

Connect

Inside The Story

Essex

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
Order Reprints
New call-to-action
New call-to-action