Peak Properties, LLC has been selected to manage a 29-unit apartment building in the heart of Chicago’s Lincoln Park neighborhood at 915-25 W. Schubert Ave. De-converted from a condominium into rentals and renovated in 2016-17, the property consists of 23 studios and six one-bedroom units in the three-story red brick walkup building on a quiet…
Author Archives: Catie Barcy
Dec
09
2022
Peak Realty Chicago (PRC) closed on two three-unit turnkey properties in the same week, selling both buildings to private real estate investors for a total of $1.94M. In the heart of Logan Square, 3554 W Wrightwood Ave. sold for $930,000 to a private real estate investor. The building features one four-bedroom plus an office…
Dec
08
2022
Peak Realty Chicago (PRC) closed on two three-unit turnkey properties in the same week, selling both buildings to private real estate investors for a total of $1.94 million. They included 2222 W. Belden Ave. in Bucktown for $1,010,000 and 3554 W. Wrightwood Ave. In Logan Square for $930,000. “These properties were strategically positioned…
Dec
07
2022
Peak Properties, LLC has added property management of 401-409 N. Milwaukee Ave., a mixed-use property located in Chicago’s Fulton River District neighborhood, to its growing portfolio. The property is home to six loft-like apartments and a Michelin Star rated ground-floor restaurant, Perilla. The apartment mix includes five one-bedroom/one-bath units and one two-bedroom/two-bath unit. The large…
Nov
30
2022
CHICAGO — Peak Realty Chicago (PRC) has brokered the sale of a six-unit apartment building in Chicago’s Logan Square neighborhood for $2.7 million. The sales price marks the highest price per unit in the submarket, according to CoStar. A private investor purchased the property, which is located at 2852-54 W. Shakespeare Ave. and has been…
Nov
11
2022
Peak Realty Chicago (PRC) is regularly tapped to consult multifamily owners across Chicagoland, as their full-service brokerage creates a one-stop-shop for Chicagoland Investors. In 2021, a client entrusted PRC to purchase and stabilize a five-flat located at 2815 N. Harding Ave. in Logan Square. Just one year later, after $150,000 in renovations, it…
Oct
12
2022
Peak Realty Chicago (PRC) has signed a five-year lease with Interra, selecting 5,500 square feet in Southport Lofts, a new adaptive reuse development located at 2061 – 2071 North Southport. The expanding company brings 30-plus team members to newly designed office space, marking a claim as the first real estate brokerage to establish offices adjacent…
Oct
10
2022
Peak Properties, LLC has been selected for property management, leasing, and marketing for four, third-generation family-owned multifamily investment properties and one third generational asset that was sold to a local family office, adding 78 residential units and three commercial spaces to Peak’s client roster in the highly sought-after neighborhoods of Lincoln Park. The Lincoln Park…
Sep
27
2022
An almost century-old Gold Coast hotel that was converted into condos in 2006 will soon be converted into apartments. Peak Properties is overseeing a condo deconversion at 1211 North LaSalle Street, the Chicago Business Journal reported. The 19-story brick building will be converted into a complex with 68 residential units. “The building has a lot…
Sep
23
2022
Peak Properties adds to its high-rise collection of management projects with a new deconversion in the Gold Coast neighborhood at 1211 N. LaSalle in Chicago’s Gold Coast. The 19-story brick building built in 1929 as a hotel was converted to condos in 2006. Features include 68 residential units and ground-floor retail. With an exceptional location,…
