Representative Transactions

Adams Row Condominiums

  • Asset Type: Urban residential condominium
  • Location: 1130 West Adams Street, Chicago‚Äôs West Loop
  • Size: 69 new construction units

This prime West Loop parcel consisting of 93,000 square feet was acquired with existing improvements consisting of two vacant industrial buildings. The industrial buildings were demolished and the property was rezoned for multi-family development in keeping with the changing neighborhood demographics. The redevelopment plan was approved by the City of Chicago; however, demand for the land parcel was at a level that provided for an optimal return by selling the parcel to other users and developers.