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CRER sponsors ICSC Chicago Illinois Government Relations Cocktail Reception

CRER sponsors ICSC Chicago Illinois Government Relations Cocktail Reception

On September 13, ICSC held its 8th Annual City of Chicago Aldermanic Reception in downtown Chicago at the Apogee Lounge of the dana hotel & spa. The Illinois Government Relations Committee organized the event, which was attended by ICSC members...

Recent Sale Highlight – Ashley Dillard, CCIM

Recent Sale Highlight – Ashley Dillard, CCIM

Ashley Dillard, CCIM with CRER represented the buyer, an independent local investor in a transaction of 2 buildings in the Uptown Square Landmark District. The portfolio is in the 4600 block of North Broadway, by the new Wilson "L" stop. 4629...

Hyde Park Portfolio Sale

Recent Sale Highlight – 198 unit portfolio in Hyde Park, Chicago

Michael Tolliver with Chicago Real Estate Resources, Inc. (CRER) was the sole broker for a $13.6MM portfolio sale consisting of 198 units, spread across 5 buildings. The new owner, an out of state developer, plans to invest over $3MM in capital...

449-471 N Union

CRER Announce the Sale of 449-471 N Union Ave in Chicago’s River West Neighborhood

(CRER) Chicago Real Estate Resources, Inc is proud to announce the sale of 449-471 N Union Ave in Chicago’s River West Neighborhood. CRER’s Nate Gautsche represented the seller and Tim Keenan also of CRER represented the buyers in the $8.0M...

Logan Square Apartment Building Under Contact Within First 24 Hours of Listing

Real Estate Broker Steven Rapoport sold the apartment building located at 2519 W Altgeld to cash buyer within first 24 Hours of listing. The real estate market in Logan Square has shown rapid appreciation over the past few years. In...

CRER Reps both sides in 16,000 SF Lincoln Park lease

Justin Moore, a Commercial Broker with Chicago Real Estate Resources, Inc. (CRER) represented Studio Three in the multi-year lease transaction at 2401 N Halsted in Lincoln Park and Eric Janssen, President of Chicago Real Estate Resources Inc., represented building ownership. Studio III...

Sold: 18-unit package in Portage Park-Dunning, Chicago

Chicago, IL – April 1, 2017 – Commercial Broker Timothy Keenan brokered a court-appointed transaction that resulted in the $1,575,000 sale of three late-20th-century residential buildings (3932/3936/3940 N. Narragansett Avenue, Chicago, IL 60634) on the border of the Portage Park...

Steven Rapoport Sells 21 unit apartment building in Hyde Park

Real Estate Broker Steven Rapoport sold the 21 unit apartment building located at 5135-5145 S Ingleside Ave in the Hyde Park neighborhood of Chicago. The seller, a legacy Hyde Park owner was motivated to cash in on recent appreciation in...

2017 Commercial Real Estate Outlook

According to a Commercial Real Estate Outlook for 2017 prepared by Deloitte, "The real estate industry is increasingly influenced by rapid technological advancements and significant demographic shifts, which include growing urbanization, longevity of Baby Boomers, and differentiated lifestyle patterns of Millennials."...

Bucktown Mixed use building sold for 2X the sale price from six years prior at a 5.7% cap rate

Real Estate Broker Steven Rapoport represented the seller of the mixed use building located at 2004 W Armitage. This property traded for $900,000 this is double the $450,000 price the seller paid 6 years prior. In 2013 Steven leased the...

Nate Gautsche Becomes a Member of CCIM

New CCIM Designation Announcement – Nate Gautsche

Nate Gautsche a top producing commercial broker with Chicago Real Estate Resources earned recognition as a designated Certified Commercial Investment Member (CCIM). The CCIM designation is the industry's most prestigious Commercial Real Estate certification with a high caliber curriculum and...

Closed! – 201-225 S Meacham, Schaumburg

Sold by Nate Gautsche. 6,679 SF, value-add neighborhood strip center located on busy Meacham Road (20,000+ AADT) in Schaumburg. IL.  Long term tenants with the opportunity to add value with the lease-up of both end cap suites.  Located at the signaled...