Chicago developer wants to buy unincorporated suburban properties, apartments for $30 million, annex land to city – Shaw Local

Chicago-based developer Clear Investment Group LLC has offered $30 million to buy privately owned rental communities Suburban Estates and Suburban Apartments at North Annie Glidden and Twombly Roads in unincorporated DeKalb County.  The 80-acre site will be annexed to the city of DeKalb under a new proposed government agreement with the city, DeKalb County government and Clear Investment, according to city documents released Thursday, Aug. 4, 2022.

Leave a Reply