CHICAGO-Thaddeus Wong, co-founder of the @Properties brokerage firm, plans to spend $218 per sf renovating the 79-year-old building at 4703 N. Broadway Ave. for office and retail use. The building, considered historically significant, has a historic connection to Al Capone.

CHICAGO-Thaddeus Wong, co-founder of the @Properties brokerage firm, plans to spend $218 per sf renovating the 79-year-old building at 4703 N. Broadway Ave. for office and retail use. The building, considered historically significant, has a historic connection to Al Capone.

CHICAGO-A $70-million development in the 4900 and 5000 blocks of South Lawndale Avenue will be one of the largest residential projects in 50 years, with a design that resembles "the old-Chicago neighborhood style," according to city officials.

ZION, IL-A 365,000-sf building's 104-year history includes origins as a lace manufacturing plant and later as a television production facility. Deborah Avenue Investors plans to occupy 25% of the property, which it acquired from Stonington Partnership for $2.3 million.

CHICAGO-An eight-story building used as a warehouse by the legendary Chess Records label will be converted to 119 condominiums, while a 24-story, 140-unit condominium building will rise next door.

CHICAGO-An eight-story building used as a warehouse by the legendary Chess Records label will be converted to 119 condominiums, while a 24-story, 140-unit condominium building will rise next door.

CHICAGO-Ravenswood Partners of Illinois, LP will get $5.8 million in tax increment financing, $6 million in HOME funds and another $9.7 million from the sale of low-income housing tax credits to build the 187-unit, $34-million building at 1818 W. Peterson Ave.

CHICAGO-The 216-property, 14.4-million-sf portfolio acquired from Indianapolis-based Duke Realty Corp. is likely to be liquidated in about five years, according to First Industrial Realty Trust, which partners for the second time with the California State Teachers Retirement System.