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 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
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
