More than 200 results for “Oak Park”
Industrial N Illinois

As Chicago industrial expands, investors target familiar areas

| Matt Baker

The Chicago logistics industry remains on stable footing as steadily growing wages and accelerating household formation are driving demand for more e-commerce-driven warehouse space. And according to Marcus & Millichap’s second half 2018 industrial research market report, developers looking to expand Chicago’s 1 billion-plus square-foot inv…

Retail N Illinois

McKinley Park strip center sells for $1.8M

Marcus & Millichap announced the sale of a 9,600-square-foot retail property located 3160-3170 S. Ashland Avenue in Chicago, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. After the seller received multiple offers, the asset sold for $1,800,000, or 7.5 percent above list price, to a Chicago-based …

Net Lease N Illinois

Highland Park net-leased property sells for $4M

Marcus & Millichap announced the sale of a 3,408-square-foot, net-leased property located at 2030 Skokie Valley Road, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. After multiple offers, the property sold for $4,100,000 in an all-cash transaction to a local 1031 exchange buyer.

Office N Illinois

$10M capital improvements nearly complete at Mid America Plaza

Mid America Plaza is nearing completion of a $10 million capital improvement project that includes reimagined common areas, upgraded amenity spaces and significant base building improvements throughout the property. Avison Young has been awarded the exclusive leasing assignment for 1 and 2 Mid America Plaza, the two 10-story buildings that …

Industrial N Illinois

Industrial portfolio in western Chicago suburb sells

Bridge Development Partners, LLC recently sold Bridge Point 290 Business Park, a three-building complex totaling 899,278 square feet in Cicero, Illinois, to Cabot Properties. Located just south of Roosevelt Road between Central Avenue and Laramie Avenue with convenient access to Interstate 290, Bridge Point 290 is the largest state-of-the-a…

Office N Illinois

Chicago building owners are opening their doors—on the top floors

| Scott Delano

For a few months of the year, the best part of living in Chicago is the great outdoors. Now, office workers itching to get out and enjoy the sunshine have more options to enjoy some fresh air during their work day—without leaving the office. Think four-seasons rooms, roof decks and outdoor patios where employees can type away on laptops or …

Office N Illinois

Clear Height Properties acquires four-building, $30 million portfolio

Clear Height Properties has acquired a four-property, 522,000 square-foot Chicago suburban portfolio for $30 million. Included among the properties is 2625 Butterfield Road, a 201,800-square-foot office building formerly known as Butterfield Office Plaza, and more than 320,000 square feet of flex properties in Elmhurst, Bensenville and Willowbrook.

Retail N Illinois

Target invests in greater Chicago area

Shopping at Target is getting even better for guests in the greater Chicago area. Throughout 2018, the Minneapolis-based retailer will remodel 18 stores and open two new locations around Chicagoland. As part of its investment to become a better, more modern Target for guests, the company is elevating the shopping environment with the next g…

Multifamily N Illinois

Related Midwest begins pre-leasing at One Bennett Park

Related Midwest has begun pre-leasing for the 279 apartment residences at One Bennett Park, the developer’s new 70-story, traditional Chicago-style residential tower in the city’s Streeterville neighborhood. One Bennett Park is the first Chicago high-rise by Robert A.M. Stern Architects (RAMSA), which also designed the tower’s interiors. Fi…