(To read more on the multifamily market, click here.)

CHICAGO-Approximately $27 million of investment real estate sales have been completed by Essex Realty Group. The deals included a combination of multifamily and retail properties located in the city and northwest suburban Crystal Lake.

Darlington Court Apartments, a 235-unit, 11-building apartment complex at 560-593 Darlington Ct., in Crystal Lake, sold for $18.3 million. The property includes two playground areas, a swimming pool with cabana, picnic tables and parking for approximately 370 vehicles. The entire project sits on a nearly 13-acre site.

Sellers of Darlington Court, a private investment group led by Banner Property Management, were represented by Doug Imber, president, and Doug Fisher of Essex Realty. The purchaser, another private investor, was represented by Jim Barcelona, also of Essex.

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