CHICAGO-A venture of Randolph Street Realty Capital and Zell Credit Opportunities Master Fund L.P. has made a decision to sell a West Loop apartment complex called the Mod. It has appointed Essex Realty Group, a brokerage firm based in Chicago, for handling the sale of the 58-unit property situated at 222 W. Madison Street. Essex is marketing the property without a list price. The offer also includes six adjacent parcels measuring 15,300 square feet.
The venture purchased the apartment building for $13 million. For the full story, go to Crain's Chicago Business .
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