CRER recently completed the sale of a notable building located at 1926 N. Humboldt Boulevard, Chicago, IL for $2,150,000. This transaction, facilitated by Senior Director Ian Luscombe, stands out for being directly on the Boulevard, a prime location. Ian represented both the buyer and seller, leveraging his market insight to ensure a smooth process. The building, currently vacant, is set for kitchen and bathroom updates. Its desirable location directly on the Boulevard enhances its value. This sale highlights Ian’s capabilities and marks an important moment for the Humboldt Park area, reflecti ..read more

CRER (Chicago Real Estate Resources Inc.) is thrilled to announce our latest property management assignments, expanding our portfolio into some of Chicago’s most vibrant neighborhoods. Your browser does not support the video tag. CRER is dedicated to delivering unparalleled excellence in property management, enhancing investment value, and elevating tenant satisfaction across our portfolio. We are proud to introduce our recent assignments, which exemplify our commitment to providing bespoke management solutions.   Lincoln Park: Premier Residential Offering Located in the vibrant Lincoln P ..read more

CRER is happy to announce a commercial real estate sale in Logan Square, specifically at 3050 W. Diversey Pkwy, Chicago, IL. This property, which includes a laundromat, was expertly navigated to sale by Shayn D’Orazio and Steven Rapoport, CCIM. Property Overview Nestled in the bustling heart of Logan Square, this property presented a unique opportunity for investors and developers. The highlight of this sale was a 3,245-square-foot, single-story building, operating as a thriving owner-operated laundromat. Its prime location, a mere 7-minute walk from the Logan Square Blue Line, combined with t ..read more

CRER has been engaged to lease the ongoing redevelopment of 1756 N Kimball Ave in Humboldt Park and has now completed 7 leases. The property features a mix of available floor plans on the first and second floors adjacent to the 606 Bloomingdale Trail. New suites are now available ranging from flex industrial with storefront access on both Kimball and Bloomingdale Ave to creative office space on the 2nd floor. Available suites range from 1,148 to 5,000 SF. At over 50,000 SF, this former wire company has been transformed into a one-of-a-kind multi-tenant building in one of Chicago’s most diverse ..read more

Nate Gautsche represented a private investor in the acquisition of a 6-unit multifamily property located at 2646 N Orchard Ave, Chicago. This was a rare opportunity to acquire a fully leased asset on one of Lincoln Park’s best streets at a sub 10 GRM with value-add upside and assumable debt at 4.20%. Nate is actively seeking similar opportunities on behalf of clients in prime locations throughout Chicago. Assumable debt was provided by Chase, insurance was provided by 235 Insurance and the property will be professionally managed by CRER. If you are looking to invest in the Chicago market or ne ..read more

Sean Mason represented the buyer in a $3,117,000 purchase of a vacant industrial building in the Kinzie Industrial Corridor. The buyer, who was in an exchange, owns a modern art gallery in West Town and intends to retrofit this property into artist studios and workspaces. The buyer also recognized the value in acquiring a property that would trade for nearly twice the price a mile east. As development continues to push west from Fulton Market, the appreciation potential of the asset, coupled with the owner/user utility, made this a home-run acquisition for the buyer. The Kinzie Industrial Corr ..read more

Sean Mason with CRER Represented the purchaser, a local real estate attorney, in this transaction. Sean successfully negotiated a pre-auction deal, eliminating uncertainty for the buyer. The properties consists of 9 parcels containing a total of .75 acres with more than 300 feet of frontage on Irving Park Road. 4828-38 W. Irving Park Rd. Chicago, IL 60641 4854-66 W Irving Park Rd. Chicago, IL 60641   Despite significant issues with the properties, including a pending eviction case, the buyer recognized the long-term strategic value in acquiring substantial Irving Park frontage steps fro ..read more

Nate Gautsche and Ben Berenstein represented both the buyer and seller of a 3-unit investment property located at 1036 N Orleans. This was a rare 3-unit opportunity at the edge of Old Town and River North amongst existing hi-rise developments and 2,915 planned or under-construction apartments in the immediate area. The building was fully gut rehabbed in 2001 with efficient 2BR/2BA layouts that are in high demand with the ability to increase rents substantially with limited building updates. The property is centrally located within walking distance to the Clark/Division CTA and all of the bars ..read more

Steven Rapoport, CCIM with CRER represented the client in the acquisition of a 10,500 SF industrial building featuring 16′ clear height and 2 interior depressed docks. The sale of this property took place in an area that has experienced significant industrial investment, establishing it as one of the most active industrial regions in the area for several years. The industrial sector in Chicago thrives due to its central location, exceptional rail, and highway connectivity, and being the only U.S. city with six Class 1 railroads. Chicago’s industrial market continues to demonstrate resilience ..read more

CRER (Chicago Real Estate Resources Inc.) is pleased to announce the successful completion of a 5-year lease for a retail space at 1970 N. Lincoln Park Ave, former Gamekeepers Bar, in the lively Lincoln Park neighborhood. The new tenant, North Buena Deli & Wine was represented by CRER’s Senior Director Michael Weaver. This will be their second location in Chicago. The space, listed by @Properties, was vacant for over three years. North Buena Deli & Wine, is not only committed to expanding their operations but is also planning a substantial renovation of the entire first floor. This ref ..read more