CHICAGO-Cedar Street Capital, a multifamily investor based in Chicago, has sold a North Side apartment complex for $6.8 million. The complex, known as Rockwell Commons, comprises 48 units and is located at 4860 N. Rockwell Ave.
The multifamily property was sold to SRE Holdings LLC. Cedar Street Capital bought the foreclosed condominium project in 2009 from Libertyville Bank & Trust Co. and converted the property into apartments. Jon Morgan of Chicago-based InTerra Realty LLC represented the seller in the deal. For the full story, go to Crain's Chicago Business .
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