deconversion

Common pitfalls that condo associations can avoid during a deconversion

An increase in condominium deconversions in the Chicago market has raised important questions for many condominium owners and the association board members. Do the benefits…

Interra Realty brokers $8.2M deconversion sale in Chicago’s Buena Park

Interra Realty has brokered the $8.2 million deconversion sale of 744 W. Gordon Terrace, a four-story, 34-unit building in Chicago's Buena Park neighborhood. The sale…

What property types are the best targets for deconversion?

Commercial buildings rarely retain one use. Office buildings transform into residential, post offices become retail and shuttered factories can go self-storage. In this context, it's…