Changing Landscapes
Feeling grateful as an essential business, the slowdown of the government shutdown has not stopped activity and growth within this firm's walls. Coordinate Properties has acquired a historical asset on behalf of a client in Andersonville, famously known as the "Castle on Berwyn". Furthermore we have commenced conducting the necessary restoration to make this 3-flat a sought out luxury rental in the Chicago market.
Coordinate Properties also has assisted another client with their residential condo "flip" come to market. Located in the heart of Lincoln Park, and given record low buyer's mortgage rates, this unit will likely not last long.
In addition to filling commercial vacant spaces, Coordinate Properties would like to establish a larger footprint within commercial development. We are in it for the long haul, thank you for continuing to follow the journey.
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Further Team Building & Partnership Opportunities
This past month we finalized on-boarding an additional licensed real estate broker with exceptional industry knowledge, a diverse skill set, and proven track record of success. Help us welcome Mike Kaplun of KPLN Holdings to Coordinate Properties. Mike will be hanging his broker license with us while he continues to operate his own business as well.
Beginning his professional career in 2010 as a property developer and accumulating experience in the full spectrum of real estate development and investment, he just recently attained his broker's license in an effort to further his knowledge and involvement in the real estate industry. Notable residential developments include a 6 unit 12,000 square foot church redevelopment at 1300 N Artesian Ave and a 106 unit redevelopment and re-purposing of 619 N LaSalle Ave. Coordinate Properties looks forward to strengthening its development muscle under the advisement of its newest team member, and has already began underwriting larger scale developments.
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Come check out this beautiful and rarely available condo for sale in Lincoln Park. Refinished floors, an updated water heater and air conditioner, low monthly assessments, and recently replaced roof are just some of the highlights of this property.
Coordinate Properties' first development project in Chicago hit the market earlier this week, and with open houses scheduled this weekend (Friday August 1st and Saturday August 2nd from 10 am - 12 pm), come check it out for yourself. Brazilian cherry hardwood floors throughout, dovetail soft-close cabinetry, and California closets are just some of the luxurious details. Check out the full listing here.
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Hard to believe it is already... August? Certainly not the Chicago summer we are accustomed to, but we are grateful to be busy at work. Let us know what we can do for you.
info@coordinateproperties.com
(847) 409-4900
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