LAKE BLUFF, IL- Prime Property Investors, based in Northbrook, IL, has put up for sale the 224-unit Deer Valley Luxury Apartment Homes here in the tony North Shore area, and expects to get about $33 million. The firm expects a quick turnaround and profit from its purchase of the complex last year.

The garden-style complex, 13 buildings of 120 one-bedroom units and 104 two-bedroom units, was built in 1991 by locally based Residential Homes of America. PPI purchased the apartments for $21.9 million in 2011, co-CEO Barbara Gaffen tells

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