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Marcus & Millichap brokers sale of 120-unit Lotus Gardens apartment property in Skokie, Illinois

PUBT·09/02/2026 23:25:47
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Marcus & Millichap brokers sale of 120-unit Lotus Gardens apartment property in Skokie, Illinois
  • Marcus & Millichap brokered the sale of Lotus Gardens, a 120-unit multifamily property in Skokie, Illinois.
  • Asset spans 97,920 square feet on 2.54 acres at 8501 Lotus Ave.; built in 1971.
  • Transaction involved a private long-term seller; buyer was a private local investor.
  • New owner plans further modernization of the property.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on September 02, 2026, and is solely responsible for the information contained therein.