Illinois

W.E. O’Neil Construction names national director of safety

Chicago-based W.E. O’Neil Construction appointed Mike Kalinowski to the newly created role of National Director of Safety. In this role, Kalinowski will lead the development and alignment…

Marcus & Millichap brokers sale of 78-room hotel property in Elgin

Marcus & Millichap negotiated the sale of a 78-room Comfort Suites hotel property in Elgin, Illinois. Ebrahim Valliani, investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had…

Marcus & Millichap closes sale of 173-unit multifamily property in Channahon

Marcus & Millichap brokered sale of Mallard Point Apartments, a 173-unit multifamily asset in Channahon, Illinois. The property sold for $24,625,000, which equates to $142,341…

Real Capital Solutions acquires 401 N. Michigan Ave. in downtown Chicago

Real Capital Solutions acquired 401 N. Michigan Ave. in Chicago for $132.5 million, representing a 77.8% discount to replacement cost. The 35-story, Class-A office tower and subterranean parking garage is located…

Cushman & Wakefield brokers $28.45 million sale of mixed-use property in Chicago’s Ravenswood neighborhood

Cushman & Wakefield brokered the $28.45 million sale of 1900 W. Lawrence, a boutique luxury mixed-use property with 59 multifamily units and over 19,000 square…

Marcus & Millichap closes sale of former hotel, athletic complex in Palatine

Marcus & Millichap closed the sale of 1500 E. Dundee Road, a former hotel and athletic complex in Palatine, Illinois. Ebrahim Valliani, investment specialist in Marcus…

Clear Height Properties closed 31 leases in fourth quarter of 2025

Clear Height Properties completed 31 new and renewal leases totaling 256,000 square feet in the fourth quarter of 2025, bringing the annual total for that…

Lee & Associates negotiates $1.39 million sale of 74-acre site in Zion

Lee & Associates negotiated the $1.39 million sale of a 74-acre site at 42008 N. Delany Road in Zion, Illinois. The site includes a detached…

Dalfen Industrial acquires two-building industrial portfolio in Chicago’s O’Hare submarket

Dalfen Industrial acquired a two-building, multi-tenant industrial portfolio totaling 56,000 square feet in Chicago’s top-performing O’Hare submarket at 801–823 and 808 Central Ave. in Wood Dale,…

Challenges and resiliency: Cushman & Wakefield report says that Chicago’s industrial market continues to work through uncertain times

In its year-end Trendlines report, Cushman & Wakefield defined the Chicago-area industrial market as one continuing to face challenges but also one displaying resiliency.

Illinois

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