Tuesday, November 16, 2010

HFF named to market for sale suburban Chicago Class A multi-housing community


CHICAGO, IL – The Chicago office of HFF (Holliday Fenoglio Fowler, L.P.) has been named to market for sale Deer Valley Apartments (top left photo), a 224-unit, Class A multi-housing community in the affluent northern Chicago suburb of Lake Bluff, Illinois.

HFF executive managing director Matthew Lawton (middle right photo) and managing directors Sean Fogarty (middle left photo)  and Marty O’Connell (lower right photo) are marketing the property on behalf of the seller, Stockbridge Capital Group, LLC. 

The property is listed for sale without a formal asking price. 

Deer Valley Apartments is located at 30011 North Waukegan Road close to Interstate 94 about 32 miles north of downtown Chicago. 

The 13.5-acre site has 13 residential buildings plus a clubhouse.
 
Apartment homes average 847 square feet each and community amenities include garages, a clubhouse, swimming pool, fitness center and business center.

“Deer Valley’s size and location directly adjacent to the world headquarters of Abbott Laboratories will attract a tremendous amount of interest in the offering,” says Lawton.

Contacts:  
Matthew D. Lawton, HFF Executive Managing Director, (312) 528-3650,
 Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500,


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