Sperry Van Ness closes two bank owned mixed use properties
July 28, 2010 | Staff Writer | Print Article | Email this Article
Sperry Van Ness has announced that Jeffrey Baasch, senior investment advisor, recently closed two Bank Owned Mixed Use properties; a 28-unit 
building located at 7847-53 S Essex Avenue in South Shore, and a 4-unit building located at 6323-25 W Belmont in Belmont Cragin.
“Both of the deals were Bank Owned, and the Banks are becoming more motivated and realize that market values have dropped. I have been working extensively with a number of Banks to help them manage their risk and maximize the value of their non-performing and distressed assets,” says Baasch who specializes in multifamily properties.
Tags | Chicago, Multifamily, sale, Sperry Van Ness
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