Honore Properties Acquires Development Site In Chicago From Archdiocese Of Chicago For $1.2M

A development site located at 1218 W Lexington St in Chicago has been sold for a transaction price of $1,175,000. The property spans 12,400 square feet and has a price per buildable square foot (PPBSF) of $95. The sale was completed on December 17, 2021.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,175,000
• Market: Chicago
• Address: 1218 W Lexington St

The buyer of the property is Honore Properties, while the seller is the Archdiocese of Chicago. The transaction was facilitated by brokers Tyler Dechter, Ari Topper, and Owen Wiesner from Baum Realty.