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…
Category Archives: News & Announcements
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…
Sep
02
2022
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…
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…
