Triton Realty Group Closes $2.99M Sale of 99-Unit Northwest Chicago Multifamily Portfolio

Triton Realty Group Closes $3M in Chicago Apartment Buildings Deals
CRE Market Beat Take
Legacy multifamily assets trading on Chicago’s Northwest Side indicate that long-held portfolios are beginning to test pricing, offering investors new entry points into stabilized neighborhoods.

Triton Realty Group has completed three separate multifamily sales from the Gary R. Carlson Northwest Chicago Portfolio, a legacy collection totaling 99 units across 16 buildings. The transactions are part of a broader disposition effort involving long-held multifamily assets on Chicago’s Northwest Side.

The assets sold are located at 3543-45 N. New England Ave. in the Schorsch Village neighborhood and at 3217-21 N. Kildare Ave. and 4121-25 N. Tripp Ave., both in the Irving Park neighborhood. According to Triton Realty Group, the combined sales volume for the three properties reached $2.99 million. These closings are described as the first wave of dispositions from the portfolio to reach the market in recent years.

Each of the three transactions was handled by Triton Realty Group’s listing team. Founder and Managing Principal Matthew Fritzshall, Senior Advisor Luke Wojcik, and SVP and Principal Harrison Cohen represented the buyers in all of the deals. Their role covered listing and buyer representation for the multifamily assets within the Northwest Chicago Portfolio that were brought to market.

Triton Realty Group is a privately held boutique firm focused on multifamily acquisitions and brokerage. The company is based in Chicago and concentrates on apartment buildings and related multifamily properties, providing transaction services for investors active in the market.

The sales from the Gary R. Carlson Northwest Chicago Portfolio highlight activity in established residential neighborhoods such as Schorsch Village and Irving Park. The portfolio’s status as a legacy holding and the description of these trades as the first wave of dispositions underscore that these are among the earlier exits from the long-term ownership group to come to market in the current cycle.

In addition to the transaction news, industry participants are being invited to attend the Connect Midwest Multifamily Trends Conference on Tuesday afternoon, June 2, 2026. At that event, JDL Founder Jim Leitchinger is scheduled to receive the Changing Skyline Award, followed by a keynote interview offering insights into multifamily development in the region.

The closings from the Northwest Chicago Portfolio, together with the continued focus on multifamily trends at industry conferences, point to sustained interest in apartment assets in Chicago neighborhoods, particularly where long-held properties are now being brought to market.

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