Draper And Kramer Acquires Development Site In Chicago For $4.18M

863 North Orleans Street

Development Site

14,378 SF

Sold 1 year ago

Summary

Sale

ILLINOIS

Development Site

14,378 sqft

Draper and Kramer has acquired a development site located at 863 N Orleans St in Chicago. The property was sold by BlitzLake for a total sale price of $4,180,000. The site spans a total of 14,378 square feet, resulting in a price per square foot of $291.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $4,180,000
BSF: 14,378
PPBSF: $291

The transaction was facilitated by Tom Svoboda of CBRE, who represented the buyer, Draper and Kramer. BlitzLake was represented by their representative Tom Svoboda from CBRE.

Players

All
2

Agents
1
Agencies
1

Tom Svoboda

$4.2M Sold

CBRE

Details

Deal Summary

SOLD

IMAGE: Tom Svoboda DATE: 10/27/2022 ADDRESS: 863 N Orleans St MARKET: Chicago ASSET TYPE: Development Site BUYER: Draper and Kramer (@DraperAndKramer) SELLER: BlitzLake BROKER: Tom Svoboda - CBRE (@CBRE) SALE PRICE: $4,180,000 BSF: 14,378 ~ PPBSF: $291

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Address863 North Orleans Street

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