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SVN Chicago Commercial Brokers $3.7M Sale of Multifamily Development Site in Hoffman Estates

Summary by REBusinessOnline
HOFFMAN ESTATES, ILL. — SVN Chicago Commercial has brokered the $3.7 million sale of a 7.2-acre development site at 2350 W. Higgins Road in Hoffman Estates. The property, located adjacent to a 101,769-square-foot shopping center, is slated for the construction of approximately 300 luxury apartment units. Wayne Caplan and Al Lindeman of SVN Chicago Commercial represented the sellers, Dutch-based Depa Holding Co. and its U.S. partner Caruso Develo…
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REBusinessOnline broke the news in on Wednesday, March 11, 2026.
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