This well-maintained, 12-unit center-entrance building traded off-market after decades of long-term family ownership. The property featured underutilized unit layouts and an abundance of unused square footage throughout the building, presenting an opportunity for reconfiguration and modernization under new ownership. Christian
CRER is proud to announce the successful closing of 1700 W Hubbard Street, a 27,000-square-foot multi-tenant commercial building in Chicago’s Kinzie Corridor. The property was purchased for $4,550,000 by a local architect through a 1031 Exchange. This sale adds to
CRER Senior Director Steven Rapoport has completed the successful sale of a 23-unit mixed-use building located at 1422 North Milwaukee Avenue in the heart of Wicker Park, one of Chicago’s most vibrant neighborhoods. The building’s first floor is anchored by
CRER Senior Director Finley Askin recently closed the $5.85 million sale of a 66-unit mixed-use property at 5220 S Harper Ave in Chicago's Hyde Park neighborhood. Finley represented both the buyer and the seller in the transaction. The property includes
Sean Mason, CCIM (Director at CRER) has earned the prestigious Certified Commercial Investment Member (CCIM) designation, awarded by the CCIM Institute – one of the leading commercial real estate associations in the world. The designation was officially conferred during the
CRER successfully represented NuMark Credit Union in securing a lease for their newest branch location at 3040 S Halsted Street, situated in the heart of Chicago’s vibrant Bridgeport neighborhood. Newcastle Properties, the landlord, played a key role in facilitating a
Nate Gautsche of CRER represented Café Deko in securing their second location, which opened in April at 715 S Dearborn in Chicago’s historic Printer’s Row. Michael Weaver, also of CRER, represented the landlord in the transaction. The Victorian-inspired café complements
CRER Senior Director Nate Gautsche represented the purchaser in the acquisition of 1.02 acres of land adjacent to Chick-Fil-A in the Pullman Gateway development on Chicago’s South Side. Work on the site recently broke ground and will be developed into
CRER Senior Director Finley Askin represented the buyer in the off-market purchase of a 70-unit apartment building located at 7350 S. Phillips Ave in Chicago’s South Shore neighborhood. The asset sold for $3,150,000 or $45,000 per unit. The five-story brick
CRER Senior Director Christian Arai closed the off-market sale of a 10,500-square-foot mixed-use building in the heart of Bucktown. The sale price was $1,550,000, or roughly $147 per square foot. That comes out to about $258,333 per unit. The property
We are delighted to announce the successful sale of 670 Northwest Highway in Palatine, IL. This beautifully renovated office building, completed in 2023, has found its new owner. Prior to the sale, it underwent a comprehensive gut renovation, featuring top-tier
The Cook County Class 6b property tax incentive is designed to stimulate industrial development by offering significant tax reductions to qualifying properties. This program aims to attract new industries, encourage the expansion and retention of existing ones, and boost employment
