Trinity Property Consultants Acquires Seneca Apartment Building In Chicago's Streeterville Neighborhood For $55M

The Seneca apartment building in Chicago's Streeterville neighborhood has been acquired by Trinity Property Consultants for $55 million. The 268-unit property was sold by Vanbarton Group, at a significant discount from its previous sale price.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $55,000,000
• Address: 200 East Chestnut Street, Chicago
• Market: Chicago

Trinity Property Consultants successfully purchased the Seneca apartment building from Vanbarton Group in a deal worth $55 million. This transaction marks a notable decrease in value since the property was last sold in 2014. The acquisition of this multifamily asset further expands Trinity Property Consultants' portfolio in the Chicago market.