The Chicago-based firm, led by founder Kurt Bender, bought the 110-unit apartment complex in Rogers Park for $16.8 million, CoStar reported. That’s $152,700 per unit. The deal marks Bender’s first acquisition in Chicago. 

The property, now rebranded as Brix on Morse, is at 1340 West Morse Avenue near a Chicago Transit Authority Red Line station and Loyola University Chicago. The complex is 97 percent leased and comprises two adjacent five-story buildings built in the late 1960s. 

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