157 results for “lakeview”
Multifamily N Illinois

The Residences at Addison & Clark earns LEED Silver Certification

RMK Management announced that The Residences at Addison & Clark, a 148-unit luxury apartment complex located across the street from historic Wrigley Field, has earned LEED Silver certification from the U.S. Green Building Council (USGBC), contributing to Chicago’s No. 1 ranking in the nation for the most green-certified apartments. The apar…

Multifamily N Illinois

Spaces Real Estate begins leasing at MODE Lakeview in Chicago

Chicago-based Spaces Real Estate announced the start of leasing at MODE Lakeview, a four-story, 18-unit rental community located at 3462 N. Lincoln Avenue on Chicago’s North Side. Developed by Fifield Construction and Realty and Tandem Construction, Development & Architecture, the transit-oriented development is now welcoming new residents …

CRE N Illinois

Triton adds Horace Grant, Jr. to its team

Triton Realty Group recently hired Horace Grant, Jr. as the firm’s newest addition. Grant grew up in Chicago’s North Shore suburbs and has resided in Chicago for more than 10 years. Prior to joining Triton, he worked in sales at the Chicago Bulls and sold residential properties at a nationwide residential brokerage firm.

Multifamily N Illinois

Mixed-use property sells for $3.5M off market

Chicago Real Estate Resources, Inc. brokered a $3.5 million, off-market sale to to Mavrek Development. Michael Weaver and Sean Mason handled the transaction for the property, located in Chicago’s Lakeview neighborhood. The sale-leaseback transaction has Byline Bank signing a long-term lease to remain as the ground floor commercial tenant in…

Multifamily N Illinois

Job growth and property taxes propel apartment demand

| Matt Baker

Corporate expansions and relocations, especially by tech firms, continue to support job growth in the Chicago metro, which in turn is driving up demand for multifamily housing. According to the latest Marcus & Millichap market report, residents are turning to apartments over condos in part because of high property taxes.

Multifamily N Illinois

Triton sells vintage Lakeview apartment building

Triton Realty Group recently sold a six-unit apartment building located at 1228 W. Diversey Parkway in Chicago, according to Matthew A. Fritzshall, president and managing broker of the firm. The asset sold for $2,400,000 which represents a $400,000 price per unit sale at a 6.25 percent capitalization rate, one of the highest per unit sales …

CRE N Illinois

Mixed-use Lakeview building sells for $3.7 million

Marcus & Millichap announced the sale of an 11,100-square-foot mixed-use property located in the Lakeview neighborhood in Chicago, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The property went from contract to close in 70 days and sold for $3,725,000.

Multifamily N Illinois

CBRE completes $9.2M in Chicago condo deconversions

CBRE recently completed two condo deconversion sales in Chicago for a total of $9.2 million. In both transactions, Sam Haddadin and Justin Ross of CBRE represented the condo associations in the sale. The buyers of each property will deconvert the condo units and reposition them as rental properties.

CRE N Illinois

CRE Future Leaders: Kurt Bender

As part of our series, CRE Future Leaders, we caught up with Kurt Bender, founder and principal of Bender Companies. Bender has more than 12 years experience in commercial real estate investing, operations, project management, and finance. He founded Bender Companies in 2011 and oversees all operations and financial responsibilities of the …