1400 N. Lake Shore Drive, Chicago
CHICAGO—ESG Kullen of New York City has closed on the historiccondo deconversion of the 391-unit 1400 N. Lakeshore Drive complexhere in a deal valued at $107 million.
The transaction marks the highest sale price achieved for a bulkcondo sale in the history of Chicago, according to CBRE, whichbrokered the deal. New ownership will deconvert the property backto apartments.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
