4072 N. Sheridan Road, Chicago 4072 N. Sheridan Road, Chicago

CHICAGO—Another Chicago condominium property has opted to “de-convert” back to multifamily.

The four-story, 16-unit building at 4072 N. Sheridan Road here has traded for $4.6 million or $287,500 per unit in a deconversion sale, according to Marcus & Millichap’s regional manager for its Chicago Downtown office David G. Bradley.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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