80 results for “south shore”
Multifamily N Illinois

Interra brokers sale of two South Shore buildings totaling $6.5M

Interra Realty brokered the sales of two apartment buildings in Chicago’s South Shore neighborhood, priced at $4.23 million and $2.25 million. The buyers and seller of both properties were represented by the Interra team of co-founders and managing principals David Goss and Jon Morgan, managing partner Ted Stratman and directors Lucas Fryma…

Multifamily N Illinois

Marcus & Millichap brokers $10.3M deconversion sale

Marcus & Millichap has brokered the $10.3 million deconversion sale of 227 E. Walton Place, a 13-story multifamily building in Chicago’s Streeterville neighborhood. The buyer, a group of private investors based in California, plans to convert the property’s 25 condos back into rentals.

Multifamily N Illinois

Infamous Chicago Spire site to get two-tower development

| Matt Baker

The veil has finally been lifted on the development plans for 400 N. Lake Shore Drive. What was once to be the site of the Chicago Spire will now feature two soaring towers with a mix of a rental, condo and hotel uses. Representatives from Related Midwest, Skidmore, Owings & Merrill (SOM) and Kimley-Horn & Associates joined 42nd Ward Alderm…

CRE N Illinois

Draper and Kramer promotes David Newton to regional property manager

Draper and Kramer, Inc., a national real estate services firm, has promoted David Newton to the position of regional property manager. In his new role, Newton will oversee two rental properties in Draper and Kramer’s Chicago-area management portfolio: 1130 S. Michigan Avenue, a luxury high-rise in the South Loop neighborhood; and 1350-1360 …

Multifamily N Illinois

Kiser Group closes $2.5M South Shore apartment deal

Mid-market multifamily brokerage firm Kiser Group recently brokered a $2.5 million deal at 7001 S. Chappel Avenue in Chicago’s South Shore neighborhood. The 22-unit deal was brokered by Kiser Group’s senior director, Noah Birk, and director, Aaron Sklar. A California-based investor purchased the portfolio from a local owner.

Multifamily N Illinois

Interra Realty brokers seven Chicago-area apartment sales

Interra Realty, a Chicago-based commercial real estate investment services firm, brokered seven multifamily sales totaling approximately $11.4 million. The transactions, which closed between December and January and range from $695,000 to $3.2 million, include properties on both the north and south sides of Chicago, as well as west suburban Cicero.