Essex Realty Group, Inc. announced the bulk sale of 254 units within Scenic Tree Condominiums (10205 S. 86th Terrace) in Palos Hills.
Scenic Tree Condominiums is a multi-family garden unit community consisting of 448 total units in Palos Hills, IL. The Condominiums are situated on the northeast corner of 86th Avenue and 103rd Street. The property is within short walking distance of the Green Hills Public Library, Oak Ridge Elementary School and Osborne Park. In addition, the property is located one mile south of the Hickory Hills Golf Club and less than one mile east of the expansive Palos Fen Nature Preserve.
The sale price was approximately $17,100,000.
Doug Fisher represented the purchaser and Matt Welke and Jason Fishleder represented the seller.