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CHICAGO-A venture of Randolph Street Realty Capital and ZellCredit Opportunities Master Fund L.P. has made a decision to sell aWest Loop apartment complex called the Mod. It has appointed EssexRealty Group, a brokerage firm based in Chicago, for handling thesale of the 58-unit property situated at 222 W. Madison Street.Essex is marketing the property without a list price. The offeralso includes six adjacent parcels measuring 15,300 squarefeet.
The venture purchased the apartment building for $13 million.For the full story, go to Crain's Chicago Business .
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