Tag: Chicago

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29th Street Capital Acquires 7th Chicago-Area Acquisition

Westmont, Ill. (April 26, 2018) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Warwick Apartments, a 32-unit multifamily community in Westmont, IL. 29SC plans to invest approximately $500,000 in capital improvements, including stainless steel appliances, modern paint, countertops, cabinets and bathroom improvements. Exterior projects will include roof repairs, window replacements, paint and modern lighting. “Warwick Apartments presents a great opportunity to expand the reach of our Chicago portfolio,” said Dan Howard, Senior Vice…

29th Street Capital Acquires 6th Chicago-Area Property

Chicago, Ill. (August 17, 2017) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Wooded Isle Apartments – its sixth property in the greater Chicago area. The 75-unit multifamily community, located eight miles south of downtown Chicago in Hyde Park, features studios, one- and two-bedroom units. 29SC has allocated approximately $1 million for capital improvements. Interior upgrades will include granite countertops and stainless steel appliances as well as improved flooring, cabinetry and hardware. Exterior…

29th Street Capital Acquires Des Plaines Apartments

Chicago, Ill. (September 2016) – 29th Street Capital (29SC) a privately-held real estate investment and advisory firm, has acquired its second multifamily property in Des Plaines, Illinois. The property, located one-half mile north of downtown Des Plaines at 175 S. River Road, is comprised completely of one bedroom, one bathroom dwelling units. 29SC plans to invest over $15,000 per unit to renovate unit interiors and remodel the property exterior. “The acquisition of this property on South River Road provides an…