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1525 Lake Cook Road

Updated Sep 18, 2026

Stuart Handler Of TLC Management Acquires AMLI Deerfield Multifamily For $94.3M
SOLDMultiFamily

Stuart Handler Of TLC Management Acquires AMLI Deerfield Multifamily For $94.3M

1525 Lake Cook Road

$94,300,000

Units

240

Asset Type

MultiFamily

Closing

Sep 17, 2026

About this deal

AI

The multifamily asset involved in this transaction is the AMLI Deerfield apartment complex located at 1525 Lake Cook Road in Deerfield, IL. The property consists of 240 units and was sold for a total of $94,300,000, resulting in a price per unit of $392,917. The complex, built in 2015, was reported to be 99% occupied at the time of the sale.

Summary of transaction details:

Stuart Handler, representing TLC Management, acquired the property from Fred Schreiber of AMLI Residential Properties. The transaction was facilitated through JLL, with brokers Kevin Girard, Mark Stern, and Zachary Kaufman handling the listing and sale of the complex.

On the Map

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$94,300,000

MultiFamily

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Players

Kevin Girard

JLL

Broker

$1.7B

vol

21 deals

Broker

Stuart Handler

TLC Management

Buyer

$330.9M

vol

5 deals

Buyer

Fred Schreiber

AMLI Residential Properties

Seller

$94.3M

vol

1 deal

Seller
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Deerfield MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $392.9K per unit across 240 units on a published $94.3M (2026).

Visit Mark Stern to view all their deals.

Browse Deerfield multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.17%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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