Torchlight Investors Acquires Multifamily Property In Lombard, IL For $104M
2720 South Highland Avenue
MultiFamily
Sold 1 year ago
Summary
Located at 2720 South Highland Avenue in Lombard, IL, this multi-family property spans across 5 acres. The transaction took place on January 13, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $104,000,000
- Units: 403
- Price Per Unit: $258,065
- Buyer: Torchlight Investors - Daniel Heflin
- Seller: Marquette Companies
Torchlight Investors, represented by Daniel Heflin, acquired the property from the Marquette Companies. With a total of 403 units, the sale price amounted to $104,000,000, resulting in a price per unit of $258,065.
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2720 South Highland Avenue
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