Multifamily N Illinois
Uptown multifamily property sells at $2.3M

Uptown multifamily property sells at $2.3M

SVN Chicago Commercial senior vice president Jeff Baasch has completed the sale of a 12-unit multifamily building at 830-32 W. Leland Avenue in Chicago’s Uptown neighborhood. The asset sold for $2,350,000 or $196,000 per unit. Jeff Baasch represented the seller. The property was a condo-quality apartment building that was 100 percent occupied at closing.

Multifamily X Missouri
Knoebel wraps construction of new loft building in Missouri

Knoebel wraps construction of new loft building in Missouri

Knoebel Construction has completed construction on the $3 million historic renovation of the former Langenberg Hat Building in Washington, Missouri, at 330 W. Front St. As general contractor, Knoebel Construction converted the two-story brick building into a multi-use space featuring six two-bedroom lofts and Streetside Tacos, a sit-down restaurant, on the first floor.

Multifamily N Illinois
Wicker Park Connection adds retail users, hits the market

Wicker Park Connection adds retail users, hits the market

Two retail tenants, Philz Coffee and [solidcore], have signed leases at Wicker Park Connection, the mixed-use project co-developed by Hubbard Street Group and Centrum Realty and Development. Located just west of the intersection of Division Street and Ashland Avenue on Chicago’s Northwest Side, the new leases should attract buyers as the developers are looking to sell the community.

Multifamily N Illinois
Interra Realty brokers $2.9M sale of mixed-use Bucktown building

Interra Realty brokers $2.9M sale of mixed-use Bucktown building

Interra Realty has brokered the sale of a mixed-use property at 2048 N. Damen Avenue for $2.9 million. The Interra team of managing partner Ted Stratman and director Jeremy Morton represented both the buyer, an affiliate of LEM Equities, and the private seller in a deal that resulted in one of the highest per-unit prices in the neighborhood: approximately $483,000 per unit.