Two separate buyers acquired neighboring properties at 700 W.Emerald Ave. and 4041 S. Emerald Ave. for a combined $1.025million. The 10,480-sf floral shop on 1.2 acres at the corner ofUnion Avenue and 41st Street went for $625,000, while the 46,000-sfformer foundry on 1.37 acres at Emerald and 41st fetched$400,000.


Meanwhile, potential buyers of a 65,568-sf movie theater complexon 14.68-acres at 1500 Buttitta Dr., just went of Barrington Road,had to be turned away. A pre-emptive offer was made, explainsSheldon Good & Co. president Alan R. Kravets, but the propertycould be up for auction again in the first quarter if the balanceof earnest money is not delivered.


The two-story granite Shiloh Baptist Church at 4840 S.Dorchester in the Hyde Park neighborhood was acquired for $410,000,says chairman and chief executive officer Steven L. Good. Inaddition to living there, the buyers intend to open a cookingschool at the building, he adds.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.