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Landmark Properties Sells Former Brewery

CHICAGO-After many years and marketing agents, the former Schoenfoffer Brewery sells for $6 million.

By Bonnie Grota | Updated on July 13, 2006

(To read more on the industrial market, click here.)

CHICAGO-The former Schoenhoffer Brewery Administration building, 500 W. 18th St., and a neighboring building at 1701 S. Clinton St., have been sold. Both gained Chicago landmark status in 1988. The two buildings, which sit on a 3.7-acre site, were sold as a package after sitting on the market for a year.

Albert Schulman, a senior vice president at Paine/Wetzel ONCOR International, represented the sellers, a family partnership that has held the site for several years. Larry Goldwasser, a vice president at NAI Hiffman, worked on behalf of the buyer, Coru Group LLC, a local real estate investment company.

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