CHICAGO-Horizon Realty Group pays $86,957 per unit for the property at 5650 N. Sheridan Rd., at the northern end of Lake Shore Drive, which is in a rare submarket that has seen rents increase and vacancies decline.

CHICAGO-Horizon Realty Group pays $86,957 per unit for the property at 5650 N. Sheridan Rd., at the northern end of Lake Shore Drive, which is in a rare submarket that has seen rents increase and vacancies decline.

CHICAGO-A $49-million renovation has turned The Trustees System Service Building into the 293-unit Skyline Century of Progress multifamily rental property. Two months' free rent is among the early leasing incentives.

ORLAND PARK, IL-Mesirow Stein Development Services, New Frontier Cos., The Harlem Irving Cos. and Mid-America Investment & Development Co. will build a mixed-use, transit-oriented project at the northwest corner of LaGrange Road and 143rd Street.

CHICAGO-Ivan Noel Salon gets a $2.57-million mortgage from Harris Bank of Arlington Heights at 5.75% to buy the four-story, 18,314-sf building at 12 W. Maple St. on the Near North Side.

CHICAGO-Not only did the local CB Richard Ellis and Insignia/ESG operations have the office sector covered in sales and leasing in the city and suburbs, the merger makes the new company the top industrial brokerage, at least in terms of listings.

CHICAGO-The window is open for another 18 months for office tenants looking to capitalize on the soft market, according to Transwestern Commercial Services' appraisal and consulting affiliate Delta Associates.

LOMBARD, IL-An attorney from a Chicago corporate real estate firm now leads the board overseeing a $6-million renovation of the DuPage Theatre, while land is acquired here for a $120-million convention center.