Trevor Ryan & Nick Ryan Of Marquette Companies Acquire 198-Unit Arlington Lakes Apartments For $46M
909 East Golf Road
$46,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 25, 2025
AI
The property involved in the transaction is the Arlington Lakes Apartments, which consists of 198 multifamily units located at 909 East Golf Road in Arlington Heights. The sale price for the asset was $46 million, resulting in a price per unit of $232,323.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $46,000,000
- Units: 198
- PPU: $232,323
- Buyer: Trevor Ryan & Nick Ryan - Marquette Companies
- Market: Arlington Heights
Trevor Ryan and Nick Ryan are the key individuals representing Marquette Companies in this transaction. This acquisition continues Chicago’s suburban multifamily market momentum and follows their new partnership with Orion Residential, which encompasses property management and renovation plans for the complex.
Players
Arlington Heights MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93