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.

Multifamily N Illinois
Condominiums officially open at Chicago's One Bennett Park

Condominiums officially open at Chicago's One Bennett Park

Related Midwest, the Chicago office of Related Companies, celebrated the grand opening of the condominiums at One Bennett Park, the developer’s 70-story residential tower in Chicago’s Streeterville neighborhood. The luxury high-rise is the city’s first designed by Robert A.M. Stern Architects (RAMSA), working in collaboration with local architect of record, GREC Architects.

Multifamily N Illinois
Construction complete on The Cooper at Southbank's townhomes, penthouses and amenities

Construction complete on The Cooper at Southbank's townhomes, penthouses and amenities

Lendlease has completed 26 townhomes, six penthouse apartments and penthouse-level amenities at The Cooper at Southbank, its 29-story, 452-unit luxury apartment tower at 720 S. Wells Street in Chicago’s South Loop. This wraps up the final phase of construction on the riverfront high-rise, the first of several residential towers planned in Lendlease’s 7-acre Southbank development.

Multifamily N Illinois
Rockford apartment portfolio sells for 2.7 million

Rockford apartment portfolio sells for 2.7 million

A portfolio of a combined 79 units at two neighboring apartment buildings sold in Rockford at 4455 Charles Street and 2020 Forest View Road. SVN Chicago Commercial advisors Cody Doran and Reid Bennett, CCIM brought these two complexes, Orchard Hills and Forest View, to market for the first time in over 40 years and were the sole brokers involved in the transaction. The multifamily assets sold for a combined $2,750,000.

Multifamily N Illinois
Yale Dieckmann;Greystar

Greystar welcomes new managing director of development

Greystar, a rental housing property investment, development and management firm, announced that Yale Dieckmann has joined the company as managing director of development. In his role, Dieckmann will be responsible for managing new development projects and expanding the development team for Greystar in Chicago and throughout the Midwest.