Moline multifamily complex sells for more than $3 million
The 67-unit multifamily complex located at 2424 41st Street in Moline, Illinois, commonly known as Paulsen Manor Apartments, sold for $3,300,000. Reid Bennett, CCIM and…
Illinois
Brown Commercial Group negotiates building purchase for Davey Tree in Lombard
Brown Commercial Group partner, Mike Antonelli, represented The Davey Tree Expert Company, a North American residential and commercial tree and landscaping company, in its purchase…
Reza’s Restaurant headed to Alsip following land auction
The long-time Chicago restaurateur who started Reza's Restaurant at North Clark Street in Chicago's Andersonville neighborhood about three decades ago, prevailed as the winning bidder…
South Holland industrial building leases up
Lee & Associates has closed two lease transactions at 17005-17045 S. Wallace Avenue in South Holland, Illinois. With these two deals, the 95,515-square-foot building is…
Those new FHA condo regs have wide-reaching implications
This past October, the Federal Housing Administration (FHA) enacted long-expected changes to the regulations governing condominium purchases. While these amendments will hopefully ease more prospective…
Gold Coast sale marks Chicago’s largest deconversion
New York-based ESG Kullen has acquired 1400 N. Lake Shore Drive in Chicago for approximately $107 million. The sale will see the 391-unit, vintage condo…
AIA sells apartment building In West Town
Apartment Investment Advisers (AIA) recently closed the sale of an apartment building in Chicago's West Town neighborhood. The nine-unit building located at 1436 W. Blackhawk…
Lee & Associates brokers $3.45M industrial sale in Bedford Park
Lee & Associates has closed a $3.45 million sale transaction for a 70,000 industrial building located at 6660 S. Nashville Avenue in Bedford Park, Illinois.…
Wurkwel Ventures hires Jed Levenstein as vice president
Wurkwel Ventures, a Chicago-based holding company that focuses on the needs of corporate tenants when expanding, relocating or downsizing their office, expanded its executive leadership…
Kiser Group marketing 86-unit South Side portfolio in Chicago
An 86-unit portfolio on Chicago's South Side has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. Comprising six Auburn Gresham properties and…