condo deconversion


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Brian Cunat with 4300 West Shamrock Lane in McHenry and an aerial of Cunat Court in Lake in the Hills (Materra Wines, Cunat, Google Maps)

Condo deconversions hit roadblocks in Chicago suburbs

A multifamily landlord in Chicago faces growing opposition to plans to buy suburban condo buildings and turn them into...

Condo deconversions hit roadblocks in Chicago suburbs
North Park Ventures co-founder Robert Secula and Barry Quad rental complex in Lakeview. (Google Maps)

Condo deconversions are back, at least in Lakeview

A year after the pandemic scuttled North Park Ventures’ attempt to buy out a Lakeview condo complex and convert...

Condo deconversions are back, at least in Lakeview
628 Harrison Street and 922 North Boulevard in Oak Park (Credit: Google Maps, Realtor.com)

Two condo deconversions close in Oak Park

Condominium deconversions may still have legs in the Chicago area. Local multifamily brokerage Kiser Group recently brokered two small deconversions in suburban Oak Park for a combined $12.4 million. Hadar Goldman’s Chicago-based firm Goldman...

Two condo deconversions close in Oak Park
1400 North Lake Shore Drive & ESG Kullen’s Eric Granowsky (Credit: Google Maps)

ESG Kullen lands big loan on priciest Chicago condo deconversion

After more than a year of negotiations and setbacks, ESG Kullen closed on the most expensive condo deconversion in...

ESG Kullen lands big loan on priciest Chicago condo deconversion
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