An exterior photograph of North 680, a 180-unit luxury rental property in Schaumburg, Illinois.

Chicago-based Draper and Kramer, Incorporated, today announced it has expanded its Chicago-area portfolio with the acquisition of North 680, a recently built 180-unit luxury rental community in Schaumburg, Ill. The property was purchased by Draper and Kramer as part of a 1031 exchange following the firm’s sale of Fieldpointe of St. Louis, a 318-unit community in the St. Louis suburb of Maryland Heights, Mo. The Chicago office of CBRE brokered the sale of North 680.

Keep Tabs on Us

Industry updates, insights, and Draper and Kramer news—all delivered straight to your inbox.