X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO–The robust market for residential properties in Chicago is beginning to have an impact far from the West Loop and other hot neighborhoods. The institutional partnership of Spirit Bascom Ventures, LLC, a joint venture between Spirit Investment Partners, LLC and The Bascom Group, LLC, has just purchased 5200 Sheridan Rd. in Edgewater from The Kopley Group for $21.6 million and plans to give the 8-story, 223-unit building a full rehab and renovation.

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.