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The Robert E. Lee Apartments at 111 W. Travis St. has hit the market. The 100-year-old, 72-unit building—owned by Connecticut-based JHM Financial Group—has been listed for $4.35 million under a housing tax credit right of first refusal sale. The apartments are 85% occupied. The building was completed in 1923.

Weston Urban is under contract with a bid that includes $2.65 million and the assumption of $1.7 million in existing loans. A property-needs assessment conducted in November 2024 outlined repairs needed to HVAC systems, windows, neon signs, roofing, basement water seepage and other areas. Engineering firm J.Morales, Inc. estimated that a complete renovation of all common areas and apartments would cost about $4.3 million.