310 W. Huron Apartment Development in Chicago Tops Out
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Chicago capital flow has been concentrated in industrial along the I-55 and I-80 corridors and in the most select downtown trophy office submarkets. Multifamily transaction volume has moved up in the Near North and West Loop. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 41st Chicago story tracked on the wire in October 2026. All Chicago coverage →
- Disclosed multifamily deal value tracked in October 2026: $4.6B across 55 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
Cross Street and real estate development firms ZSD Corp. and Third Coast Real Estate recently topped off on 310 West , a nine-story boutique apartment community under construction at 310 W. Huron St. in Chicago’s Rive…
External link. Real Estate Trail does not republish source content.
Related coverage — Chicago · Multifamily
Northmarq Provides $24.7M Refinancing for Chicago Apartment Community
CHICAGO — Northmarq has provided $24.7 million in refinancing for Reside on Jackson, a 93-unit apartment community in Chicago. Kevin McCarthy of Northmarq arranged the Fannie Mae financing on behalf of the borrower, N…
JLL Arranges $463M in Bridge Financing for Thompson Thrift’s Eight-Property Multifamily Portfolio
CHICAGO — Chicago-based JLL Capital Markets has arranged $463 million in bridge financing for Thompson Thrift’s eight-property multifamily portfolio comprising 2,412 Class A apartment units across Florida, Georgia and…
Kiser Group Brokers Sale of 345-Unit Apartment Community in Blue Island, Illinois
BLUE ISLAND, ILL. — Kiser Group has brokered the sale of Blue Station Apartments, a 345-unit apartment community in Blue Island, 16 miles south of Chicago’s Loop. The property at 2130 W. 122nd St. was 96 percent occup…
Draper and Kramer Acquires 268-Unit Evanston Apartment Community
National full-service real estate firm Draper and Kramer, Incorporated, has purchased a 268-unit luxury multifamily rental building in Evanston, Ill., a suburb directly north of Chicago and home to Northwestern Univer…
Essex Realty Group Closes Sale of $17M Suburban Chicago Apartments
Essex Realty Group announced the sale of Parkside Apartments, a 120-unit multifamily property located in Glen Ellyn, Illinois. Constructed in 1963, the property represents an institutional-scale investment in the high…
NAI Hiffman Secures MOB Lease in Northwest Suburban Chicago
NAI Hiffman represented Location Finders International (LFI) in an 8,105-square-foot lease with True Health at 1450 Busch Parkway in Buffalo Grove, Illinois. The new location in the 64,860-square-foot medical office b…