CHICAGO-Newcastle Ltd., an investment firm based in Chicago, has purchased an apartment building in Lincoln Park from Ana Crisan for $5.9 million. According to property records, Crison purchased the 48-unit building located at 2727 N. Pine Grove Avenue for $2.5 million in 2002.
Newcastle bought the building via its investment platform worth $500 million. The company plans to renovate the building comprising studio and one-bedroom units.For the full story, go to Crain's Chicago Business.
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