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Trevor Ryan & Nick Ryan Of Marquette Companies Acquire 198-Unit Arlington Lakes Apartments For $46M

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SOLD
$46,000,000

Illinois

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MultiFamily
Sold 11/25/2025
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Property Image
SOLD

Trevor Ryan & Nick Ryan Of Marquette Companies Acquire 198-Unit Arlington Lakes Apartments For $46M

909 East Golf Road

See Similar Deals
MultiFamily
Sold 11/25/2025
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

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

BUYER

4 deals$144.7M volume
BUYER

Details

SOLD
IMAGE: Nick Ryan & Trevor Ryan DATE: 11/25/2025 ADDRESS: 909 East Golf Road MARKET: Arlington Heights ASSET TYPE: MultiFamily ~ UNITS: 198 BUYER: Trevor Ryan & Nick Ryan - Marquette Companies SALE PRICE: $46,000,000 UNITS: 198 ~ PPU: $232,323 NOTE: Marquette Companies acquired the 198-unit Arlington Lakes Apartments in Arlington Heights for $46 million, continuing the strong momentum in Chicago’s suburban multifamily market. The deal follows Marquette's new partnership with Orion Residential, which also includes property management and renovation plans for the complex.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$163,428.29
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