Monroe Aberdeen Place was developed in 2018. Monroe Aberdeen Place was developed in2018.

CHICAGO—Locally-based Origin Investments has acquired the120-unit Monroe Aberdeen Place apartment building in the West Loophere for $65.8 million.

Origin purchased the property on behalf of its IncomePlus Fundfrom Michigan Avenue Real Estate Group, the original developer ofthe property.  Michael D'Agostino, senior director withChicago-based brokerage firm Kiser Group, represented OriginInvestments and the seller in the off-market transaction.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.