Industrial N Illinois
This property at 5300 Proviso Drive in Melrose Park, Illinois was part of a $179 million, multi-market sale between Transwestern Investment Group and Dream Industrial. The Illinois properties included in the 3.5-million-square-foot transaction comprised 1.26 million square feet.

Chicago industrial activity up by 30%

The Chicago area remains a key industrial hub and target for investors, with the market experiencing a 30.4 percent increase in industrial sales activity year-over-year, through February 2019. Like many markets around the country, portfolio sales volume contributed to Chicago’s industrial velocity.

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Seniors Housing N Illinois
Co-located library/affordable senior housing project opens in West Ridge

Co-located library/affordable senior housing project opens in West Ridge

Evergreen Real Estate Group recently celebrated the grand opening of the Northtown Branch Library, located at 6800 N. Western Avenue in Chicago’s West Ridge neighborhood. Designed by Perkins+Will, the project is one of two co-located housing and library developments Evergreen has built in partnership with the city of Chicago, Chicago Housing Authority and Chicago Public Library.

Multifamily N Illinois
West Loop condo building sells for $2.3 million

West Loop condo building sells for $2.3 million

The 15,887-square-foot, value-add commercial condo at 400 S. Green Street in Chicago’s West Loop neighborhood sold to an out-of-state buyer. Wayne Caplan of SVN Chicago Commercial represented the seller, while SVN Chicago Commercial advisors Chad Schroedl, Adam Thomas and Scott R. Maesel represented the buyer, Vista Property Holdings, LLC. The retail investment sold for $2,294,500.

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