The Wirtz family is cashing out of Evanston, selling its entire 164-unit vintage apartment portfolio in the north suburb to a Chicago investor amid a seller’s market for rental housing.
The Haverhill Apartments, located near Loring Park on the edge of downtown Minneapolis, is one of eight buildings acquired by Chicago-based North Park Ventures out of the KMS Management portfolio.
After losing its original financial partner as the coronavirus swept into Chicago, North Park Ventures found a new one to back the condo deconversion.
Chicago made it harder for investors to turn condo buildings into rentals, so many have been looking to the suburbs
After Chicago passed an ordinance last fall making it harder to convert condo buildings into apartments, suburbs like Evanston have become a more popular hunting ground for multifamily investors.
Interra Realty facilitated the $4 million sale of 1935-43 N. Sedgwick Street, a mixed-use property in Chicago’s Old Town Triangle historic district.
North Park Ventures’ 21-story development, along with 2 other West Loop projects from Trammell Crow and Marquette Companies passed the planning commission this week
North Park Ventures is looking to get in on the Fulton Market office — and hotel — bandwagon with a 19-story building near the gateway to the neighborhood.
A firm that recently bought out 30 condos in a vintage building on Clark Street in Lakeview plans to convert them to rentals and replace their parking lot with a new five-story building, for a total of 52 new apartments.
They may have paved paradise and put up a parking lot, as Joni Mitchell once sang, but these days the lots themselves are Chicago’s real estate utopia.
After nearly 25 years, Linton Calvert has sold the iconic home of duckpin bowling to Chicago-based real estate firm North Park Ventures LLC.
A century-old two-flat in Lincoln Square has become a handsome single-family home, its classic sun porches and extra-wide layout filling the interior with light.
The new owners of a West Town apartment building are looking to capitalize on renter demand in the neighborhood by more than doubling the building's apartment offerings.
A vintage building in West Town's Eckhart Park that formerly was anchored by Italian restaurant Natalino's sold for $3.45 million on Monday, according to its new owners who plan to bring 15 apartments and a restaurant to the site.
Developers of the Eckhardt lofts above the former Rothschild liquors on Chicago Avenue have bought an old building up the street from that project, and are planning an extensive renovation with at least six duplex apartments.
Eckhardt Lofts — eight one-bedroom apartments above the former Rothschild Liquor Mart in West Town — are ready for April tenants. "We just officially put them on the market yesterday morning and have had an amazing response..."