Palos Hills
REAL ESTATE
Photos: OneRepublic guitarist is selling his renovated Chicago-area home
LA GRANGE, Ill. — The lead guitarist of Grammy-nominated pop rock band OneRepublic has put his renovated home just a short Distance from Chicago on the market, and it just might make you Stop and Stare. Listed at $3.75 million, the future owner of this Dream home will be Waking Up in one of the […]
Interra Realty Brokers $3.1 Million Sale of Three-Property Multifamily Portfolio on Chicago’s Northwest Side Submarket
CHICAGO, IL - Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of a three-property, 18-unit multifamily portfolio on the city’s Northwest Side near O’Hare International Airport for $3.1 million, or $172,505 per unit. The six-flat buildings, at 8622 W. Berwyn Ave., 8657 W. Berwyn Ave., and 5240 N. Oakview Ave., were all constructed in 1969.
Historic homes on and off the market
One of Hinsdale's most notable homes - the William Whitney house at 142 E. First St. - has been listed on the private market at $2,399,000, according to listing agent Kris Berger of Compass. The Italianate structure is owned by Grace Episcopal Church and has served as its rectory for...
Spanish Coalition for Housing hosts 23rd annual housing exposition
Around 400 people attended Spanish Coalition for Housing’s annual “Camino a Su Casa” homeownership exposition, which connected prospective homebuyers with housing counselors, banks, real estate agents and government officials. The event provided free credit checks to the first 60 attendees, and hosted homebuyer workshops and over 30...
Onni Secures $1B Refinancing for Chicago, L.A. Apartment Portfolio
Canadian developer Onni Group has secured $1 billion in refinancing for an eight-tower apartment portfolio in Chicago and the Los Angeles area, according to a Fitch Ratings report. Vancouver-based Onni is slated to receive $875 million on a five-year, fixed-rate deal and US$125 million in mezzanine debt. The deal is...
Multifamily Property in WA Sells for $12M
Kidder Mathews completed the sale of Clara Flats, a 30-unit mixed-use apartment building, for $11.9 million. The property, completed in 2020, consists of two buildings with two fully leased retail spaces. Located at 608 NE Birch Street, the buildings overlook downtown Camas and feature mountain and river views. A Portland-based...
MRED joins NAR lawsuit settlement
Midwest Real Estate Data (MRED) will opt in to the lawsuit settlement reached by the National Association of REALTORS® (NAR) that is set to take effect Aug. 17. The settlement by NAR will remove buyer’s agent commissions from the MLS and require written buyer’s agent agreements, among other changes.
Mortgage veteran rejoins Proper Rate as president
Proper Rate, a joint venture between Guaranteed Rate and real estate brokerage @properties, has announced the appointment of Chris Knapp (pictured) as its new president. This move marks Knapp’s return to the Guaranteed Rate family after an 11-year tenure with the company earlier in his career. Proper Rate is a mortgage joint venture between Guaranteed Rate and real estate brokerage @properties. Chicago-based @properties owns the Christie’s International Real Estate global luxury brand and network.
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