A large apartment complex in Evanston is on the market, eight years after it was built.

The Reserve, a four-building, 193-unit property at 1930 Ridge Ave., is listed with Holliday Fenoglio Fowler, which describes it as a “Class A luxury rental community.”

The project is a joint venture of Atlantic Realty Partners and Invesco Real Estate.

There’s no asking price on the listing, but Chicago Real Estate Daily says people familiar with the property expect it to sell for over $40 million.

Bill Smith is the editor and publisher of Evanston Now.

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