Chicago Cheat Sheet: A mansion that has gone from a Bull to a Bear … & more

Also, McCaffery Interests cancels lease with co-working provider the Vault in Fulton Market

Olin Kreutz, Kirk Hinrich
Olin Kreutz, Kirk Hinrich

Former Bear buys former Bulls Bannockburn mansion

Is it a bad omen for the market that a former Bull has sold his mansion to former Bear? Ex-Chicago Bears center Olin Kreutz paid $2.4 million for former Chicago Bulls guard Kirk Hinrich’s nine-bedroom, 9,300-square-foot mansion in Bannockburn. The home, which sold for less than half its original asking price, has 11 bathrooms, a six-car garage with a sport court, an in-home theater, a second kitchen, a card room and a dance studio. [Chicago Tribune]

McCaffery cancels co-working lease in Fulton Market office building

McCaffery Interests is looking for another tenant for its 45,000-square-foot office building at 1145 West Fulton Street in Fulton Market after it terminated a 20,000-square-foot lease with co-working provider the Vault. “The tenant didn’t fulfill their lease obligation before we got under construction, so unfortunately we had to terminate the lease,” McCaffery leasing agent Andrew Macafee said. [Crain’s]

Amazon opening distribution center in Elgin

Sign Up for the undefined Newsletter

Amazon is opening a fulfillment center in northwest suburban Elgin, local officials said. The e-commerce giant is taking space in a large warehouse at 2450 Northwest Parkway. [Elgin Courier-News]

Fifth Third makes Chicago lending commitments as part of MB Financial deal

Fifth Third Bank is making $2 billion in additional lending commitments in the Chicago area as part of its acquisition of MB Financial. The Cincinnati-based bank’s announcement includes $200 million more for home loans in low- to moderate-income areas. [Crain’s]

Chicago real estate attorney wins on “Jeopardy”

Tori Campbell won Monday’s episode of “Jeopardy” — her second win in a row. The associate in the real estate department of Seyfarth Shaw, won $19,601 after taking home $2,198 on Friday’s episode. [Chicago Tribune]

Recommended For You