Frontline Real Estate Partners

We Offer Commercial Real Estate

Sales, Leasing, Receivership, Property
Management, Advisory, Valuation

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Investments

1461 W. Chicago Avenue, Chicago

1461 W. Chicago Avenue & 45 E. 23rd Street, Chicago, IL

Property Type

Mixed Use Commercial/Residential and Residential

Property Size

7,000 SF

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.

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