Investments
1461 W. Chicago Avenue, Chicago
1461 W. Chicago Avenue & 45 E. 23rd Street, Chicago, IL-
Property Type:
Mixed Use Commercial/Residential and Residential
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Property Size:
7,000 SF
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Acquisition Date:
December 2013 (Active Investment)
Deal Summary:
Frontline Real Estate Partners acquired the notes secured by a mixed-use commercial/residential property in the Noble Square neighborhood and a townhome in the South Loop of Chicago. Frontline completed a deed-in-lieu concurrent at closing and took title to the properties. The townhome was subsequently sold to reduce the basis in the mixed-use property at 1461 W. Chicago Avenue.