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…
Author Archives: Catie Barcy
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 for sale…
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 has closed…
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,…
Sep
07
2022
Peak Realty Chicago (PRC), the sister company of Peak Properties, has been tapped to lease-up three new apartment buildings in Chicago’s sought-after neighborhoods of River North, Wicker Park and Uptown, adding over 100 premium apartments to the boutique brokerage firm’s growing portfolio. “Our team is steeped in the neighborhood markets harvesting data and applying it…
