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CHICAGO-New Englewood Terrace, an apartment complex situated on Chicago’s South Side, has hit the market again. In April, a venture associated with Cannon Commercial Inc. of Los Angeles purchased the 303-unit apartment complex through a sheriff’s sale for $3.1 million. Now, the venture is trying to sell the complex for $28,000 per unit, or $8.5 million.

New Englewood Terrace is located at 6425 S. Lowe Ave. Bill Baumann of Kiser Group is marketing the apartment tower for the seller. For the full story, go to Crain’s Chicago Business .


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