CHICAGO—Locally-based Origin Investments has acquired the 120-unit Monroe Aberdeen Place apartment building in the West Loop here for $65.8 million.
Origin purchased the property on behalf of its IncomePlus Fund from Michigan Avenue Real Estate Group, the original developer of the property. Michael D'Agostino, senior director with Chicago-based brokerage firm Kiser Group, represented Origin Investments and the seller in the off-market transaction.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.