ROLLING MEADOWS, IL-The loan on the three-building, 841,513-sf asset along the Northwest Tollway is capped at 9.09%. The deal also involves other city and suburban office properties owned by Prime Group Realty Trust.
CHICAGO-First Evangelical Free Church will increase the size of its facilities in the 5200 block of North Ashland Avenue from 36,000 sf to 64,000 sf. The first phase will replace the First Evangelical Free Church's buildings at 5249 and 5251 N. Ashland Ave. with a family life center.
CHICAGO-Hinsdale-based James McNaughton will pay the appraised value of $850,000 for a 1.2-acre lot at 1716 W. Pershing Rd., where he plans another eight townhouses in addition to eight single-family homes.
ELK GROVE VILLAGE, IL-San Jose, CA-based Legacy Transportation Services takes nearly 40% of the building at 1221 Landmeier Rd. Venture One Real Estate is currently marketing the industrial building, which it purchased for $3 million a year ago.
CHICAGO-Industrial buildings at 6060 N. Northwest Hwy., next to a park and Metra commuter rail station, will make way for two buildings. The project will include 46 condominiums and 20,000 sf of ground-floor retail space.
CHICAGO-Industrial buildings at 6060 N. Northwest Hwy., next to a park and Metra commuter rail station, will make way for two buildings. The project will include 46 condominiums and 20,000 sf of ground-floor retail space.
ARLINGTON HEIGHTS, IL-The two buyers get all but two hotels for $28.1 million, with the remaining assets going to mortgage holder PMC Commercial Trust. The company's headquarters at 2355 S. Arlington Heights Rd. remains on the market at $6.5 million.
ARLINGTON HEIGHTS, IL-The two buyers get all but two hotels for $28.1 million, with the remaining assets going to mortgage holder PMC Commercial Trust. The company's headquarters at 2355 S. Arlington Heights Rd. remains on the market at $6.5 million.
MOKENA, IL-The Herbert H. Kohl Living Trust gets $6.6 million, or $177,000 an acre, for 37.2-acre site at 191st Street and 88th Avenue. The village's comprehensive plan envisions retail development there.
MOKENA, IL-The Herbert H. Kohl Living Trust gets $6.6 million, or $177,000 an acre, for 37.2-acre site at 191st Street and 88th Avenue. The village's comprehensive plan envisions retail development there.