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CHICAGO-The department of planning and development redoubles its marketing efforts after receiving three proposals for 3939-55 W. North Ave. but just one for 713-31 N. Pulaski Rd.
LAKE IN THE HILLS, IL-A medical clinic, day care facilities, general offices and service facilities are among the potential uses for a former Powerhouse Gym here, suggests Steven L. Good, whose auction company is selling the six commercial condominiums.
NEW LENOX, IL-Ryan Cos. US has a third anchor tenant for its 300,000-sf New Lenox Retail Center at 2306-2480 E. Lincoln Hwy., where 98% of the space has been claimed.
CHICAGO-City-owned lots primarily in the 2500, 2700, 2800 and 2900 blocks of W. Flournoy Street are available to developers willing to build market-rate and affordable housing. The target prices for the 57 parcels add up to $3.2 million.
ROSEMONT, IL-The most recent tax assessment puts the market value of the 369-room hotel at 5460 N. River Rd. at $56 million, $13 million more than what it traded for in 2000, the same year it opened.
CHICAGO-It may not be pretty, plan commission members say, but a $20-million multifamily project at 1228-44 W. Monroe St. advances to the city council. David Dubin plans to acquire the 1.02-acre West Loop site from Wertheimer Box & Paper Co.
CHICAGO-WestWind Capital Partners buys the distinctive 333 W. Wacker Dr. office tower as well as a 90% interest in 444 N. Michigan Ave. on behalf of KanAm Grundinvest Fonds. New York-based the Andalex Group retains 10% of 444 N. Michigan Ave.
SCHAUMBURG, IL-John H. Clark and Robert A. Lundin are charged with making their new company a major player in the suburban office market. They leave US Equities, where they oversaw leasing and marketing of a 2.5-million-sf office portfolio.
LOMBARD, IL-Skokie-based Alter Group begins the $6.2-million work on restoring the 76-year-old building's facade and marquee to their original luster as well as creating 6,300 sf of retail space, including 4,500 sf on Main Street earmarked for a restaurant.