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Crain’s Chicago Business reports that the Reserve of Evanston, the 193-unit apartment complex at 1930 Ridge Ave. (at Emerson Street) is for sale. Owners Atlantic Realty Partners and Invesco Real Estate developed the project composed of one-, two- and three-bedroom rental units and 219 underground parking spaces in 2003. Holliday Fenoglio Fowler L.P. says the vacancy rate is about 4.6 percent and is expected to decrease over the next few years. The asking price is reportedly about $40 million.