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
In a recent deal, CRER Senior Director Christian Arai led the purchase of an 84,461 Sq. Ft. food production and refrigerated warehouse for The Common Market, a national food distribution chain from Philadelphia. The property, located at 7424 South Lockwood
We are excited to announce the successful completion of two significant commercial leases in Chicago, IL, at 1020 Lawrence Ave and 5600 Ridge Ave. 1020 Lawrence Ave We have leased 5,000 sq ft of impressive, custom-designed retail-level office space located
Nate Gautsche represented a Dunkin’ Franchisee in the purchase of 2121 E 95th St, Chicago. The ground-up drive-thru development recently opened to the public. This is the 6th site brokered by Nate for Dunkin’ for a new drive-thru location. The
CRER is thrilled to announce that Steven Rapoport, CCIM, has successfully represented Urban Edge Group in acquiring a 16,000-square-foot development site at 1651-1659 W Wolfram Ave in Chicago’s highly sought-after Lakeview neighborhood. This acquisition marks another significant milestone for Urban
CRER represented Taqueria Invicto in their lease negotiations for their new location at 2851 Mannheim Rd, Des Plaines. Invicto, a Venture Kitchen concept, had their grand opening on December 10th. The restaurant is modeled after taquerias in Mexico City where
Minnie Bird, a partnership between Sean Thomas, the grandson of Wendy's founder Dave Thomas, and Venture Kitchen, opened at 1428 N Meacham in October to rave reviews. The restaurant offers fried chicken sandwiches, tenders, dirty sodas and free ice cream.
Steven Rapoport with CRER successfully represented the seller in the sale of 2348-2358 N Seeley Ave a prime development site in Chicago's Bucktown neighborhood. Ownership entrusted Steven Rapoport with the task of marketing and selling this sought-after site. The buyer,
Steven Rapoport with CRER has once again delivered an exceptional outcome, closing the sale of 2358 N Clybourn Ave, a mixed-use building, for over $400,000 per unit after generating multiple competitive offers. This achievement highlights CRER’s expertise in helping Chicago
Chicago, IL – Steven Rapoport, CRER Senior Director, recently represented the buyer in the sale of an owner user industrial building at 2214 Hubbard Street in Chicago's Kinzie Industrial Corridor. The buyer, ownership affiliated with Graymont Medical, is already an
