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

MMI•2026-09-02

Sale of Lotus Gardens in Skokie

Marcus & Millichap brokered the sale of Lotus Gardens, a 120-unit multifamily property in Skokie, Illinois.

The asset spans 97,920 square feet on 2.54 acres at 8501 Lotus Ave. and was built in 1971.

The transaction involved a private long-term seller, and the buyer was a private local investor. The new owner plans further modernization of the property.

Sources

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

Publicnow

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

Sale of Lotus Gardens in Skokie

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

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