Interra Realty Brokers $24.5M Sale of Luxury Apartment Community in South Elgin, Illinois

The newly developed property includes 100 units.

SOUTH ELGIN, ILL. — Interra Realty has brokered the $24.5 million sale of Panton Mill Station in South Elgin, about 35 miles northwest of Chicago. The 100-unit luxury apartment community is located at 355 N. La Fox St. The property was fully leased at the time of sale. Amenities include a business center, fitness center, outdoor kitchen and dog wash. Jon Morgan and David Goss of Interra represented the seller, an affiliate of Chicago-based Synergy Construction Group, which completed the building in spring 2020. Patrick Kennelly and Paul Waterloo of Interra represented the buyer, MTA South Elgin.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Walker & Dunlop

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