ChicagoDowntown / Loop

SoNo East apartments sold, River North Park still on the market

by Joe Zekas on 1/4/13

Yesterday’s Chicago Real Estate Daily reported the sale of the 324-unit SoNo East, 840 W Blackhawk, at an undisclosed price estimated to be between $110 and $115 million. The project was said to be more than 85% leased. That’s close to the $356K per unit price at which the more fully-leased Alta at K Station reportedly sold recently.

Google Alerts brought the sale to our attention a day earlier, via the Fort Mill (SC) Times, but the article was sufficiently confusing that we ignored it.

HFF, the broker that represented the seller of SoNo East, is also representing River North Park, a 24-story, 399-unit apartment building at 320 W Illinois in River North.

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