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MidwestCRE

First Western Properties announce recent transactions

Staff Writer April 4, 2017
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Sale

2321 Ogden Ave. Downers Grove, IL Brokers: Kellen Duggan, Paul Tsakiris 100% Occupied Strip Center Tenants are: At&T. Jimmy Johns, Edward Jones, and Battery Giant. All tenants have long term leases with options. First Western received 12 offers in 3 weeks and was about to procure a cash buyer at asking price.

6901 S. Halsted St. Chicago, IL Brokers: Mark Zeglen, Paul Tsakiris Bank owned, mixed- Use building with 3 apartment and 5 storefronts. Received multiple cash offers Second floor features a recently renovated recording studio

3150 W. Cermak Rd. Chicago, IL Broker: Paul Tsakiris Mixed-use building consisting of 1 storefront and 7 apartments, First Western’s 3rd deal on Cermak Road in Pilsen / Little Village.

Lease

1727 S. Indiana Ave. Chicago, IL Brokers: Kellen Duggan, Paul Tsakiris 2 spaces were leased out at South Loop office building. 1st space was leased to a national hospice company. 2nd space was leased to a prominent Chicago not for Profit Company with a 10 year lease.

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