JDL Development Acquires Industrial Asset From Stephen Siegel For $1.55M In Chicago

The property involved in this transaction is an industrial asset located at 1229 West Cortland Street in the Chicago market. The sale price for the property was $1,550,000, encompassing a total area of 15,600 square feet, which translates to a price per square foot of $99.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,550,000
• Address: 1229 West Cortland Street
• Market: Chicago
• Square Footage: 15,600
• Price per Square Foot: $99
• Buyer: JDL development
• Seller: Stephen Siegel
• Broker Representing Buyer: Adam Schneiderman - Strauss Realty
• Broker Representing Seller: David Kaplan - Strauss Realty

The transaction featured key individuals, including the buyer JDL development and the seller Stephen Siegel. The deal was facilitated by brokers Adam Schneiderman and David Kaplan, both representing the respective parties through Strauss Realty.