Peak Properties continues to add to its roster and this one has a commercial flair. The mixed-use commercial assets, all owned by an independent ownership group, include 13 fully-occupied commercial units plus three residential apartments within the of Oak Park and River Forest retail corridors. Each of the Oak Park commercial buildings are lined with…
Author Archives: Catie Barcy
Jul
21
2022
Peak Properties, LLC has been tapped to take over management of 144 apartments plus the associated master condominium association units at Old Orchard Residences and is now responsible for the entire five building, 216-unit complex located at 10100 – 10116 Old Orchard Court in Skokie. “We are well-versed in managing complex operations for all apartment building types…
Jun
29
2022
Peak Properties assisted in the purchase and oversight of a multi-million-dollar gut rehabilitation of three vintage walkup buildings in Chicago’s Hyde Park neighborhood. In the process, the company added another 57 student apartments to its management portfolio The properties are 98% pre-leased and move-ins have begun. The last two units are expected to have applications…
Jun
15
2022
Peak Properties, LLC has been instrumental in the purchase of a 14-unit vintage apartment building and tapped to manage another vintage property in the Ukrainian Village neighborhood as they continue to expand their investment and property management portfolio which now exceeds 8,500 units across Chicagoland. An affiliate of Peak acquired 2522-2524 West Superior steps…
Feb
16
2022
Peak Properties has been selected to manage and lease a six-story mixed-use property in Lakeview’s Roscoe Village and a courtyard condominium deconversion in the South Side’s Hyde Park neighborhood. 1650 W. Roscoe St. features 55 apartments and four street-level retail spaces totaling 31,500 square feet in Lakeview/Roscoe Village. A 44-unit deconversion at 5124-32 S.…
Jan
27
2022
Peak Properties, which has been receiver of the 480,000-square-foot Arboretum of South Barrington since late 2020, said Star Cinema Grill has signed a 15-year lease for the approximately 38,000-square-foot standalone building that previously housed IPIC Theaters. IPIC closed both its Chicago-area locations during the pandemic. The Houston based dine-in-theater concept will bring first-run films, an…
Jan
24
2022
Peak Properties, LLC has added 44 units to its growing student housing property management portfolio, along with three commercial units. Led by Mike Zucker, founder and managing partner of Peak Properties, the team has been tapped to manage and lease two Evanston, IL properties steps from Northwestern’s campus. 2146 Sherman Ave. is a three-story,…
Nov
24
2021
In a first for the city, construction of a high-rise project will be co-led by an MBE contractor. Ground has been broken on a new Chicago mixed-use property by developer Related Midwest, along with LR Contracting Company and BOWA Construction. The development, at the corner of West Randolph and North Peoria Streets in the…
Nov
04
2021
Peak Properties, LLC and its business affiliate Peak Realty Chicago provided consultation for two recent commercial real estate deals including one land sale and one mixed-use property sale on Chicago’s north side. A 14,000-square-foot land site at 3817-19 N Ashland Ave. in the Lakeview neighborhood was sold by Mavrek Development to an undisclosed buyer for…
Oct
05
2021
About a year after filing to foreclose on the Arboretum of South Barrington, the property's lender has put its mortgage up for sale. A lender moving to foreclose on a big South Barrington shopping center is on the hunt for an investor that wants to turn it around, hiring a broker to sell the struggling…
