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Congratulations Martha Winter, Mike Merry & Brian Wabick on the Sale of the Industrial Condo building at 10317 Vans Drive in Frankfort, IL. The 12,045 SF Industrial building consisting of 5 condo units, sold for $470,000 in under 60 days. LM Commercial brokers represented both the owner and the buyer.

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SOLD! Congratulations to LM's Xiaoqing Hu and Tad Lagestee on the Sale of a 4 Flat Apartment Bldg. at 1225 W. Montana Street in Chicago. The 100% occupied, 4-story brick building in Lincoln Park consists of four oversize 3BR/2BA apartments. The closing price was $1,940,000. For additional information, contact LM Commercial Real Estate 630-325-8338.

Fixing the Southeast Side: Are 2,650 new jobs enough?

Good News for Chicago’s Southeast Side Development: This week in the news: "The Southeast Side laid claim to 320 new industrial and warehouse jobs within a span of 8 days in March. A Chinese manufacturer promised to open a plant in Hegewisch and Whole Foods Market said it will set up a distribution center on an old Ryerson steel-processing site in Pullman. Several other nearby employers have been expanding production, opening facilities and hiring.... But the economic future of Pullman, Hegewisch and nearby Chicago neighborhoods isn't just in industrial projects. A surge in shops, hotels and other services could be coming….." Read more in Crain’s Chicago Business: http://www.chicagobusiness.com/article/20160402/ISSUE01/304029996/fixing-chicagos-southeast-side-are-2650-new-blue-collar-jobs-enough

LM Commercial Real Estate

Industrial Group doing a great job!

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2 Tinley Park Industrial Condos - SOLD Congratulations to LM’s Tad Lagestee, Mike Merry, & Brian Wabick on the Sale of 2 Industrial Condos totaling 28,357 SF. •18623 81st Ave, a 13,294 SF indus. condo, sold for $797,640 to PGPRF, LLC (buyer’s broker: Cindy Alderson, Classic One Realty) •18631 81st Ave, a 15,063 SF indus. condo, sold for $843,528 to Array Holdings, LLC (buyer’s broker: Sarah Su, Cocentric Realty) Nice work guys!

Wheaton losing secretary of state's driver services facility

Wheaton losing secretary of state's driver services facility

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Looking for a local office? Now Available in Hinsdale: 600 SF Office space @ 828 N. Elm Street - 2nd floor (Ogden & Elm) Easy access to I-294 and York Road. For more info email: Sandy Lagestee, SANDY@LMTEAM.COM or visit: http://looplink.lmteam.com/xNet/Looplink/Profile/Profile.aspx?stid=lagestee&LID=19652578&LL=true&UOMListing=&UOMMoneyCurrency=&RentPer=PY&SRID=7046831024

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LM Commercial’s Tad Lagestee recently completed the sale of a 6,301 SF United States post office at 9359 S. Kedzie Avenue in Evergreen Park. The building was listed at $950,000. Way to go Tad!

LM Commercial Real Estate

Great job Martha!

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Closed! Congratulations to LM’s Martha Winter on the sale of a 39,750 SF office building at 1719 S. Clinton Street in Chicago. The five story multi-tenant building located in the Pilsen neighborhood was purchased by an investor for $2M.

Should Commercial Real Estate Be Part of Your 2016 Investment Portfolio?