IllinoisMultifamily Big deal: Deconversions still happening in Chicago Condo deconversions should be dead in Chicago. The voting threshold was raised last year from 75 to 85 percent; rock bottom interest rates promote homeownership;…
IllinoisMultifamily Avison Young closes 19-unit condo deconversion in Lincoln Park Avison Young completed the sale of 317-325 W. Belden Avenue, a 19-unit condominium building located in the Lincoln Park neighborhood of Chicago. Terms of the…
IllinoisMultifamily Essex lists 80-unit Lakeview condo property for deconversion Essex Realty Group, Inc. has been exclusively engaged to market for sale 663 W. Grace Street, located in Chicago's Lakeview neighborhood. The property is being…
IllinoisMultifamily Condominium deconversions: As viable as ever in post-pandemic world The outbreak of COVID-19 turned the financial and real estate markets upside down, creating an unprecedented level of financial uncertainty. In the midst of these…
Interra Realty brokers $17 million deconversion sale in Evanston Interra Realty facilitated the $17 million deconversion sale of 2730-66 Hampton Parkway, a 91-unit multifamily building near Northwestern University in Evanston, Illinois. The property was…
Multifamily value-add deconversion hits market in Palatine 33 Realty has been exclusively engaged by Towne Park Condo Association to present the opportunity for investors to acquire this 132-unit condo deconversion at 140…
33 Realty completes deconversion sale of Deerfield Gardens in Deerfield 33 Realty has completed the $6,150,000 deconversion sale of 1143-1193 Deerfield Road in Deerfield, Illinois. Known as Deerfield Gardens, the property totals 36 condominiums with…
Interra Realty closes $1.8M deconversion sale in Chicago’s Wicker Park neighborhood Interra Realty, a Chicago-based commercial real estate investment services firm, brokered the $1.8 million deconversion sale of 1226 N. Greenview Avenue, an eight-unit multifamily building…
CBRE completes $13.3M sale of 90-unit condo deconversion in Chicago CBRE has completed the condo deconversion sale of Shore Manor, a 90-unit condo property at 5858 N. Sheridan in Chicago. Becovic Management Group, LLC, a…
Kiser Group brings 70-unit LaSalle Towers to market as condo deconversion LaSalle Towers, located at 1211 N. LaSalle Drive in Chicago, has been listed for sale exclusively by Chicago-based multifamily brokerage firm Kiser Group. The 70-unit,…