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CHICAGO-Midway Broadcasting Corp., owner of urban contemporary radio station WVON, is relocating to a 56,690-sf building it bought from U-Store-It for $950,000. The broadcasting company is moving its studios, sales and management offices from 3350 S. Kedzie Ave.

The property at 1000 E. 87th St. is part of a seven-building, 268,000-sf Soft Sheen Products campus that was sold in 2002 to International Storage Properties. The two parcels sold to Midway Broadcasting Corp. were bought less than six months earlier by U-Store-It for $900,000.

The acquisition was financed by Covest Banc, which provided a $760,000 mortgage at 6.43%, according to property records.

Paine/Wetzel-ONCOR International SVP Albert Schulman, CCIM represented Midway Broadcasting Corp., while Dan Leahy of NAI Hiffman represented U-Store-It.

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