Multifamily

Vintage multifamily property sells in Chicago’s Uptown for $5.75 million

Essex Realty Group, Inc. has brokered the sale of 4400 N. Magnolia Avenue, a vintage, 36-unit, corner walk-up apartment building at the intersection of Magnolia…

North Wells Capital acquires multifamily property in Chicago Opportunity Zone

North Wells Capital, LLC, the investment management affiliate of Chicago-based Urban Innovations, Ltd., has acquired 6943 S. Cornell, a 43-unit multifamily rental property in Chicago's…

Interra Realty brokers deconversion sale on Chicago’s North Side

Interra Realty, a Chicago-based commercial real estate investment services firm, has brokered the deconversion sale of 2000 W. Birchwood Avenue, a 16-unit condominium building in…

Marcus & Millichap arranges sale of apartment building in Chicago’s Jefferson Park neighborhood

Marcus & Millichap announced the sale of a six-unit apartment property located at 5663 W. Higgins Avenue in Chicago, according to David G. Bradley, regional…

NIU-adjacent apartment portfolio sells for $3.2 million

Marcus & Millichap announced the sale of a 43-unit apartment portfolio located in Dekalb, Illinois, according to Steven D. Weinstock, regional manager of the firm's…

Luxury condo 1000M to offer efficiency units with International Collection

The developers of the ultra-luxury condominium tower 1000M in Chicago—Time Equities, Inc. (TEI) and JK Equities of New York, along with Chicago-based Oak Capitals—introduced a…

Capstone Apartment Partners sells 371-unit apartment building in Fort Wayne

Capstone Apartment Partners recently completed the sale of Three Rivers Apartments, a 371-unit mid-rise apartment community in downtown Fort Wayne, Indiana. New York-based real estate…

Pre-leasing underway at 61 Banks Street in Chicago’s Gold Coast

Pre-leasing has begun at 61 Banks Street, the eight-story, 58-unit boutique rental building developed by Draper and Kramer at Banks Street and Lake Shore Drive—the…

MichiganMultifamily

Friedman sells 16-unit apartment building in Detroit’s Corktown neighborhood

Friedman Real Estate recently sold a 16-unit apartment building at 2072 Wabash in Detroit's Corktown Neighborhood. Altia Phoenix, LLC sold the property to 2072 Wabash,…

After second attempt, Canadian developer scores a deal with Goose Island acquisition

Last March, Vancouver-based Onni Group agreed to pay $50 million for a former Greyhound bus garage on the southern tip of Goose Island. Though that…