Tag: Illinois

Browsing Tag:Illinois

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 5th Chicago-Area Property

Des Plaines, Ill. (June 6, 2017) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired its fifth Chicagoland multifamily property and fourth in the northwest suburbs. The 42-unit community is located in Mount Prospect and consists of 18 one- and 24 two-bedroom units. 29SC plans to strategically invest $500,000 in capital improvements. Interior upgrades will focus on kitchens and bathrooms. Exterior improvements include structural repairs to the roof, installing energy-efficient lighting and refinishing the…