City: Chicago
Portfolio of 3 Apartment Properties in Mount Prospect, Ill., Comes to Market
Crain's Chicago Business Wingspan Development Group is offering for sale a portfolio of three apartment properties with a combined 327 units in Mount Prospect, Ill., about 24 miles northwest of Chicago. Berkadia has the listing for the properties, which can ...
Chicago’s 500 North Michigan Office Seen Being Eventually Offered for Sale
The 336,527-square-foot office building at 500 North Michigan Ave. in Chicago is expected to be offered for sale in order to resolve its $80 million mortgage. The property is owned by a New York investor group, which had bought it ...
72-Unit Apartment Property Planned for Chicago
Crain's Chicago Business An affiliate of Range Group is planning to build a 72-unit apartment project at 455 North Carpenter St. in Chicago. The local developer would build the five-story property on the site where an industrial facility currently sits. ...
Golub, Alcion Relinquish Control of Oak Brook, Ill., Office Property
The Real Deal A venture of Golub & Co. and Alcion Ventures has turned over to its lender Oakbrook 22, a 389,000-square-foot office property in the Chicago suburb of Oak Brook, Ill. Golub, of Chicago, and Alcion, of Boston, in ...
168-Unit Apartment Property Opens in Chicago
REBusiness Online VISTA Property has opened the Leo, a 168-unit apartment complex in Chicago. The local developer broke ground on the property, at 741 North Wells St., in 2022. The development was financed with a $59.8 million construction loan from ...
JPMorgan Offering Chicago Office Property for Sale
Crain's Chicago Business An affiliate of JPMorgan Chase is offering for sale Highland Landmark V, a 251,229-square-foot office property in Downers Grove, Ill. The bank provided a $35.7 million loan against the property in 2020 and took control of it ...
210-Unit Apartment Property Proposed for Chicago
Crain's Chicago Business Mavrek Development has proposed building a 210-unit apartment property at 925 West Belmont Ave. in Chicago. The local developer is presenting its plans for approval this month and could break ground on the property before the second ...
Office-Turned-Apartment Property in Chicago Comes to Sales Market
Crain's Chicago Business JLL has been hired by 3L Real Estate to sell the 150-unit apartment property at 820 South Michigan Ave. in Chicago. The Rosemont, Ill., company purchased it in 2017 for $11 million. At the time, the property ...
Second Horizon Pays $64.3Mln for Chicago Ridge Mall, Resolves Troubled CMBS Loan
Commercial Real Estate Direct Staff Report Second Horizon Capital has completed its $64.3 million purchase of the Chicago Ridge Mall, marking its third shopping mall acquisition tied to a troubled loan in a CMBS trust. The Boca Raton, Fla., investor ...
Aberdeen West Loop
JAB Real Estate has paid $34.5 million, or $425,925/unit, for Aberdeen West Loop, an 81-unit apartment property in Chicago. The local real estate company purchased the property from Waterton, which had acquired it in 2017 for $40 million.
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